Graphano Energy Ltd. (CVE:GEL – Get Free Report) rose 15.8% during mid-day trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 4,000 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 31,603 shares. The stock had previously closed at C$0.10.
Graphano Energy Stock Up 15.8 %
The company’s 50-day moving average price is C$0.09 and its 200-day moving average price is C$0.08. The firm has a market cap of C$1.89 million, a price-to-earnings ratio of -1.53 and a beta of -0.42.
Graphano Energy Company Profile
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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