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

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$0.08 and last traded at C$0.09, with a volume of 2173 shares changing hands. The stock had previously closed at C$0.08.

Graphano Energy Trading Up 5.9 %

The stock has a fifty day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10. The firm has a market capitalization of C$1.54 million, a P/E ratio of -1.29 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.

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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