Graphano Energy (CVE:GEL) Hits New 12-Month Low – Should You Sell?

Shares of Graphano Energy Ltd. (CVE:GELGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 95023 shares. The stock had previously closed at C$0.10.

Graphano Energy Stock Down 5.3%

The stock has a market cap of C$1.95 million, a price-to-earnings ratio of -1.76 and a beta of -0.06. The stock has a 50 day simple moving average of C$0.11 and a 200 day simple moving average of C$0.12.

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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