Graphano Energy (CVE:GEL) Reaches New 52-Week Low – Should You Sell?

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 19000 shares changing hands. The stock had previously closed at C$0.08.

Graphano Energy Stock Down 6.3 %

The business’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.10. 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 company has a market cap of C$1.28 million, a P/E ratio of -1.07 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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