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

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 1400 shares. The stock had previously closed at C$0.09.

Graphano Energy Price Performance

The company has a debt-to-equity ratio of 14.79, a quick ratio of 18.29 and a current ratio of 7.10. The stock’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.10. The stock has a market capitalization of C$1.37 million, a PE ratio of -1.14 and a beta of -0.40.

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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