Focus Graphite (CVE:FMS) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of Focus Graphite Inc. (CVE:FMSGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.30 and traded as high as C$0.34. Focus Graphite shares last traded at C$0.34, with a volume of 321,405 shares traded.

Focus Graphite Stock Up 3.1%

The company’s 50-day moving average is C$0.48 and its two-hundred day moving average is C$0.30. The company has a market capitalization of C$31.88 million, a P/E ratio of -11.17 and a beta of 0.61.

About Focus Graphite

(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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