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

Graphano Energy Ltd. (CVE:GEL) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.10, with a volume of 13038 shares traded. The stock had previously closed at C$0.10.

Graphano Energy Price Performance

The company has a market capitalization of C$2.17 million, a price-to-earnings ratio of -1.96 and a beta of -0.06. The business has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.12.

Graphano Energy Company Profile

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.