Graphano Energy (CVE:GEL) Sets New 52-Week Low – Time to Sell?

Shares of Graphano Energy Ltd. (CVE:GEL – Get Free Report) reached a new 52-week low during trading on Tuesday. The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 44750 shares changing hands. The stock had previously closed at C$0.09.

Graphano Energy Trading Down 11.1%

The business has a 50 day moving average of C$0.10 and a 200-day moving average of C$0.12. The stock has a market cap of C$1.74 million, a PE ratio of -1.57 and a beta of -0.07.

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.

Further Reading

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