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

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 1000 shares. The stock had previously closed at C$0.07.

Graphano Energy Price Performance

The stock has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.09. The company has a debt-to-equity ratio of 14.79, a current ratio of 7.10 and a quick ratio of 18.29. The stock has a market cap of C$1.11 million, a price-to-earnings ratio of -0.93 and a beta of -0.42.

Graphano Energy Company Profile

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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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