Graphano Energy (CVE:GEL) Sets New 52-Week Low – Here’s Why

Graphano Energy Ltd. (CVE:GELGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 18742 shares traded. The stock had previously closed at C$0.07.

Graphano Energy Trading Up 7.1 %

The company has a market cap of C$1.28 million, a P/E ratio of -1.07 and a beta of -0.42. The company has a current ratio of 7.10, a quick ratio of 18.29 and a debt-to-equity ratio of 14.79. The stock’s 50 day moving average is C$0.08 and its 200-day moving average is C$0.09.

About Graphano Energy

(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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