Global Energy Metals (CVE:GEMC) Hits New 12-Month Low – Time to Sell?
by Kim Johansen · The Markets DailyGlobal Energy Metals Co. (CVE:GEMC – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1400 shares traded. The stock had previously closed at C$0.02.
Global Energy Metals Price Performance
The company has a market capitalization of C$1.01 million, a price-to-earnings ratio of -0.30 and a beta of 2.02. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.10 and a current ratio of 1.94. The company has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.03.
About Global Energy Metals
Global Energy Metals Corporation engages in the exploration for resource properties in Canada, Australia, and the United States. It explores for cobalt, copper, nickel, gold, silver, and base metal deposits. The company holds interests in the Werner Lake property located in Kenora, Ontario; the Millennium and Mount Isa projects situated in Mount Isa, Queensland; and the Lovelock Mine and Treasure Box projects in Churchill County, Nevada.
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