Graphano Energy (CVE:GEL) Sets New 52-Week Low – Here’s What Happened

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price reached a new 52-week low on Friday . The stock traded as low as C$0.09 and last traded at C$0.07, with a volume of 92550 shares changing hands. The stock had previously closed at C$0.09.

Graphano Energy Stock Performance

The company has a market capitalization of C$1.20 million, a P/E ratio of -1.00 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. The company’s 50-day moving average is C$0.08 and its two-hundred 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.

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