Graphano Energy Ltd. (CVE:GEL – Get Free Report) shares were down 10% on Friday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 133,686 shares traded hands during mid-day trading, an increase of 362% from the average daily volume of 28,921 shares. The stock had previously closed at C$0.10.
Graphano Energy Stock Performance
The firm has a market cap of C$1.95 million, a price-to-earnings ratio of -1.76 and a beta of 0.24. The business has a 50 day simple moving average of C$0.11 and a 200-day simple moving average of C$0.13.
Graphano Energy Company Profile
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.
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