Graphite One (CVE:GPH) Given a C$2.50 Price Target by Fundamental Research Analysts

Graphite One (CVE:GPH) received a C$2.50 price target from research analysts at Fundamental Research in a research report issued on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s target price would suggest a potential upside of 155.10% from the stock’s current price.

Graphite One Stock Down 1.0%

CVE:GPH traded down C$0.01 on Friday, hitting C$0.98. 33,420 shares of the company’s stock were exchanged, compared to its average volume of 291,439. The firm has a 50-day moving average price of C$1.12 and a 200-day moving average price of C$1.44. Graphite One has a 52 week low of C$0.65 and a 52 week high of C$2.57. The company has a debt-to-equity ratio of 0.13, a current ratio of 30.04 and a quick ratio of 0.33. The company has a market cap of C$204.79 million, a P/E ratio of -14.00 and a beta of 1.24.

Graphite One Company Profile

Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.