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Global Atomic (TSE:GLO) Shares Down 7.5% - Here's What Happened

Global Atomic logo with Basic Materials background

Global Atomic Co. (TSE:GLO - Get Free Report)'s stock price dropped 7.5% during mid-day trading on Thursday . The company traded as low as C$0.98 and last traded at C$0.98. Approximately 191,285 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 1,352,023 shares. The stock had previously closed at C$1.06.

Global Atomic Stock Performance

The firm's 50-day moving average is C$0.75 and its two-hundred day moving average is C$0.75. The stock has a market cap of C$293.56 million, a P/E ratio of -28.90 and a beta of 1.37.

Global Atomic Company Profile

(Get Free Report)

Global Atomic Corporation engages in the acquisition, exploration, and development of uranium properties in Niger. It also explores for zinc. The company owns 80% interest in the Dasa deposit located in the Republic of Niger. It also processes electric arc furnace dust into zinc concentrates, which is sold to zinc smelters.

Further Reading

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