Graphano Energy (CVE:GEL) Reaches New 1-Year Low – Should You Sell?

Shares of Graphano Energy Ltd. (CVE:GELGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 30000 shares. The stock had previously closed at C$0.08.

Graphano Energy Trading Down 6.7 %

The business’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09. The company has a market cap of C$1.20 million, a PE ratio of -1.00 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.

About Graphano Energy

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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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