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

Graphano Energy Ltd. (CVE:GEL – Get Free Report)’s share price reached a new 52-week low on Monday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 27,000 shares traded. The stock had previously closed at C$0.07.

Graphano Energy Stock Down 9.1%

The company has a market cap of C$1.08 million, a PE ratio of -0.98 and a beta of -0.35. The stock has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.12.

About Graphano Energy

(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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