Graphano Energy (CVE:GEL) Hits New 52-Week Low – Here’s What Happened

Graphano Energy Ltd. (CVE:GEL) hit a new 52-week low on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 3333 shares changing hands. The stock had previously closed at C$0.09.

Graphano Energy Stock Down 5.9 %

The stock has a market cap of C$1.37 million, a price-to-earnings ratio of -1.14 and a beta of -0.42. The stock has a 50 day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10. The company has a quick ratio of 18.29, a current ratio of 7.10 and a debt-to-equity ratio of 14.79.

Graphano Energy Company Profile

Graphano Energy Ltd., a mining company, focuses on the evaluating, acquiring, and developing graphite resources in Canada. The company holds a 100% interest in the Lac Aux Bouleaux Graphite property located in Quebec; and Dudley and Lac Vert-Bouthillier graphite project. It also holds an option agreement to acquire 100% interest in the Standard Graphite Mine.