Graphano Energy (CVE:GEL) Hits New 1-Year Low – Here’s Why

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 33001 shares changing hands. The stock had previously closed at C$0.10.

Graphano Energy Price Performance

The company has a market cap of C$2.17 million, a PE ratio of -1.96 and a beta of 0.22. The business has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.14.

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.

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