Graphano Energy Ltd. (CVE:GEL – Get Free Report) shares were up 23.3% during trading on Saturday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 164,244 shares changed 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’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09. The firm has a market capitalization of C$3.18 million, a price-to-earnings ratio of -2.56 and a beta of -0.42.
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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