Graphite One (CVE:GPH) Trading 26.7% Higher

Graphite One Inc (CVE:GPH)’s share price traded up 26.7% during trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19, 144,665 shares traded hands during mid-day trading. An increase of 737% from the average session volume of 17,287 shares. The stock had previously closed at C$0.15.

The company has a debt-to-equity ratio of 4.24, a quick ratio of 3.76 and a current ratio of 5.21. The firm’s 50-day moving average is C$0.23 and its 200 day moving average is C$0.23. The firm has a market capitalization of $7.31 million and a PE ratio of -4.32.

Graphite One Company Profile (CVE:GPH)

Graphite One Inc engages in the acquisition, exploration, and evaluation of graphitic mineral properties in the United States. Its principal project is the Graphite Creek property that consists of 176 mining claims totaling 9,583 hectares located on the Seward Peninsula of Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in March 2019.

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