Focus Graphite (CVE:FMS) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Focus Graphite Inc. (CVE:FMSGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.09 and traded as high as C$0.11. Focus Graphite shares last traded at C$0.09, with a volume of 366,816 shares changing hands.

Focus Graphite Stock Performance

The firm has a market cap of C$7.14 million, a PE ratio of -2.78 and a beta of 2.71. The company’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.09.

Focus Graphite Company Profile

(Get Free Report)

Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.

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