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

by · The Markets Daily

Graphano Energy Ltd. (CVE:GEL – Get Free Report) reached a new 52-week low 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 Stock Performance

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 has a market capitalization of C$1.20 million, a price-to-earnings ratio of -1.00 and a beta of -0.42. The business has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09.

Graphano Energy Company Profile

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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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