Shares of Graphano Energy Ltd. (CVE:GEL – Get Free Report) traded up 27.3% on Tuesday. The company traded as high as C$0.07 and last traded at C$0.07. Approximately 106,001 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 51,135 shares. The stock had previously closed at C$0.06.
Graphano Energy Price Performance
The business has a fifty day moving average of C$0.09 and a 200-day moving average of C$0.12. The stock has a market capitalization of C$1.52 million, a price-to-earnings ratio of -1.37 and a beta of -0.07.
About Graphano Energy
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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