Graphano Energy (CVE:GEL) Reaches New 12-Month Low – Here’s Why

Graphano Energy Ltd. (CVE:GEL)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 4000 shares. The stock had previously closed at C$0.07.

Graphano Energy Stock Up 35.7 %

The company has a market cap of C$1.62 million, a P/E ratio of -1.36 and a beta of -0.42. The company has a quick ratio of 18.29, a current ratio of 7.10 and a debt-to-equity ratio of 14.79. The firm has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.08.

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.