Graphano Energy (CVE:GEL) Reaches New 1-Year Low – Time to Sell?

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

Graphano Energy Price Performance

The stock has a market capitalization of C$2.17 million, a P/E ratio of -1.96 and a beta of -0.06. The company’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is 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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