Graphano Energy (CVE:GEL) Shares Down 4.2%

Graphano Energy Ltd. (CVE:GELGet Free Report) shares were down 4.2% during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 4,426 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 55,458 shares. The stock had previously closed at C$0.12.

Graphano Energy Price Performance

The business has a 50-day simple moving average of C$0.11 and a 200 day simple moving average of C$0.11. The firm has a market cap of C$1.97 million, a PE ratio of -1.92 and a beta of -0.40.

About Graphano Energy

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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.

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