Graphano Energy (CVE:GEL) Trading Up 28.6% – What’s Next?

Graphano Energy Ltd. (CVE:GELGet Free Report)’s stock price traded up 28.6% during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 23,000 shares changed hands during trading, an increase of 130% from the average session volume of 10,010 shares. The stock had previously closed at C$0.07.

Graphano Energy Stock Down 4.8 %

The company has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.08. The firm has a market capitalization of C$1.71 million, a P/E ratio of -1.43 and a beta of -0.42. The company has a quick ratio of 18.29, a current ratio of 7.10 and a debt-to-equity ratio of 14.79.

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.

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