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

Graphano Energy Ltd. (CVE:GELGet Free Report) shares hit a new 52-week low on Friday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 15045 shares changing hands. The stock had previously closed at C$0.09.

Graphano Energy Stock Down 17.6 %

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 market capitalization of C$1.20 million, a PE ratio of -1.00 and a beta of -0.42. The business’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.09.

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.

Read More

Receive News & Ratings for Graphano Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphano Energy and related companies with MarketBeat.com's FREE daily email newsletter.