Graphite One (CVE:GPH) Reaches New 1-Year Low – Should You Sell?

Graphite One Inc. (CVE:GPH – Get Free Report) hit a new 52-week low during trading on Tuesday. The company traded as low as C$0.72 and last traded at C$0.73, with a volume of 55,864 shares trading hands. The stock had previously closed at C$0.75.

Graphite One Stock Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.33 and a current ratio of 11.22. The firm has a market cap of C$152.55 million, a price-to-earnings ratio of -10.43 and a beta of 1.44. The firm’s 50 day moving average is C$0.88 and its 200-day moving average is C$1.15.

About Graphite One

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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.

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