Graphano Energy (CVE:GEL) Reaches New 12-Month Low – Time to Sell?

Graphano Energy Ltd. (CVE:GELGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 34150 shares trading hands. The stock had previously closed at C$0.08.

Graphano Energy Stock Performance

The company has a market capitalization of C$1.29 million, a PE ratio of -1.04 and a beta of -0.42. The business’s 50-day moving average is C$0.08 and its 200-day moving average is C$0.08.

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.

Further Reading

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