Graphano Energy (CVE:GEL) Shares Up 28.6% – Time to Buy?

Graphano Energy Ltd. (CVE:GELGet Free Report) traded up 28.6% on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. 23,000 shares traded hands during mid-day trading, an increase of 130% from the average session volume of 10,010 shares. The stock had previously closed at C$0.07.

Graphano Energy Stock Up 35.7 %

The stock has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.08. The company has a debt-to-equity ratio of 14.79, a quick ratio of 18.29 and a current ratio of 7.10. The firm has a market cap of C$1.62 million, a PE ratio of -1.36 and a beta of -0.42.

Graphano Energy Company Profile

(Get Free Report)

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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