Graphano Energy (CVE:GEL) Sets New 12-Month Low – What’s Next?

Graphano Energy Ltd. (CVE:GELGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 43923 shares. The stock had previously closed at C$0.08.

Graphano Energy Trading Down 6.3 %

The stock has a market cap of C$1.28 million, a P/E ratio of -1.07 and a beta of -0.42. The business’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.09. 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

(Get Free Report)

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.

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