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Focus Graphite shares jumped 12%–15.5% on Monday on heavy trading volume, reaching a C$0.76 intraday high.
Focus Graphite (CVE:FMS) shares rose between 12% and 15.5% on Monday, reaching a intraday high of C$0.76, driven by a surge in trading volume—303% to 332% above average.
The stock closed between C$0.65 and C$0.67, up from C$0.58, with a market cap of approximately C$63 million.
The Quebec-based exploration company focuses on graphite, rare earths, and other critical minerals, with its main asset being the 100%-owned Lac Knife property.
The stock’s high beta and negative P/E ratio reflect its volatility and early-stage status, with no current earnings.
The rally appears linked to increased investor interest, though no specific catalyst was identified.
Las acciones de Focus Graphite subieron un 12% -15.5% el lunes en un gran volumen de operaciones, alcanzando un máximo intradía de C$0.76.