Graphano Energy Ltd. (CVE:GEL – Get Free Report) rose 28.6% on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 23,000 shares were traded during trading, an increase of 130% from the average daily volume of 10,010 shares. The stock had previously closed at C$0.07.
Graphano Energy Stock Up 35.7 %
The firm has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08. The company has a market capitalization of C$1.62 million, a PE ratio of -1.36 and a beta of -0.42. The company has a debt-to-equity ratio of 14.79, a quick ratio of 18.29 and a current ratio of 7.10.
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.
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