Focus Graphite Inc. (CVE:FMS – Get Free Report)’s share price shot up 20% during trading on Tuesday . The company traded as high as C$0.46 and last traded at C$0.42. 1,672,905 shares traded hands during trading, an increase of 899% from the average session volume of 167,481 shares. The stock had previously closed at C$0.35.
Focus Graphite Stock Up 20.0%
The stock has a market capitalization of C$43.86 million, a PE ratio of -14.00 and a beta of 0.61. The stock’s 50 day moving average price is C$0.47 and its 200-day moving average price is C$0.32.
About Focus Graphite
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. The company was formerly known as Focus Metals Inc and changed its name to Focus Graphite Inc in May 2012.
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