Graphano Energy (CVE:GEL) Reaches New 52-Week Low – What’s Next?

Graphano Energy Ltd. (CVE:GEL – Get Free Report)’s share price hit a new 52-week low on Tuesday. The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 257221 shares changing hands. The stock had previously closed at C$0.10.

Graphano Energy Trading Down 10.0%

The firm has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.12. 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.

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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