Focus Graphite Inc. (OTCMKTS:FCSMF – Get Free Report) crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $0.29 and traded as high as $0.3038. Focus Graphite shares last traded at $0.3038, with a volume of 287 shares changing hands.
Focus Graphite Stock Down 6.9%
The company’s 50 day moving average price is $0.30 and its 200 day moving average price is $0.29.
About Focus Graphite
Focus Graphite Inc is a Canadian mineral exploration and development company focused on graphite resources and advanced graphite materials. The company’s principal asset is the Lac Knife graphite property in Quebec, Canada, which contains graphite mineralization suitable for producing graphite concentrate.
Focus Graphite has worked on the evaluation and advancement of the Lac Knife project, including resource assessment, metallurgical testing, mine planning and studies related to the production of high-purity graphite products.
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