Graphano Energy (CVE:GEL) Sets New 12-Month Low – Time to Sell?

Graphano Energy Ltd. (CVE:GEL – Get Free Report)’s stock price hit a new 52-week low on Wednesday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 18,000 shares traded. The stock had previously closed at C$0.06.

Graphano Energy Stock Down 8.3%

The business has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.11. The firm has a market capitalization of C$1.19 million, a P/E ratio of -1.08 and a beta of -0.07.

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. The company was incorporated in 2020 and is based in Toronto, Canada.

Further Reading

Receive News & Ratings for Graphano Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphano Energy and related companies with MarketBeat.com's FREE daily email newsletter.