Graphano Energy (CVE:GEL) Sets New 12-Month Low at $0.09

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 30003 shares changing hands. The stock had previously closed at C$0.10.

Graphano Energy Price Performance

The company has a market cap of C$1.54 million, a price-to-earnings ratio of -1.29 and a beta of -0.49. The company’s 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.11.

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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