Graphano Energy Ltd. (CVE:GEL – Get Free Report)’s stock price rose 23.3% during mid-day trading on Saturday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 164,244 shares traded hands during trading, an increase of 409% from the average daily volume of 32,272 shares. The stock had previously closed at C$0.15.
Graphano Energy Price Performance
The firm has a market cap of C$3.18 million, a price-to-earnings ratio of -2.56 and a beta of -0.42. The stock has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.09.
About Graphano Energy
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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