Graphano Energy (CVE:GEL) Hits New 12-Month Low – Here’s What Happened

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price reached 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 changing hands. The stock had previously closed at C$0.08.

Graphano Energy Price Performance

The business has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.08. The firm has a market cap of C$1.46 million, a price-to-earnings ratio of -1.18 and a beta of -0.42.

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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