Graphite One Resources (GPH) Shares Up 10%

Graphite One Resources Inc (CVE:GPH) shares shot up 10% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,623,665 shares were traded during trading, an increase of 279% from the average session volume of 427,854 shares. The stock had previously closed at C$0.05.

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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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