Graphite One Resources (GPH) Shares Down 18.2%

Graphite One Resources Inc (CVE:GPH)’s share price fell 18.2% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 690,000 shares traded hands during trading, an increase of 60% from the average session volume of 431,284 shares. The stock had previously closed at C$0.06.

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Graphite One Resources Company Profile (CVE:GPH)

Graphite One Resources 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 Cedar Mountain Exploration Inc and changed its name to Graphite One Resources Inc in March 2012.

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