Global Atomic Co. (TSE:GLO - Get Free Report) shares rose 12.5% on Friday . The company traded as high as C$1.02 and last traded at C$0.99. Approximately 808,224 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 1,356,959 shares. The stock had previously closed at C$0.88.
Global Atomic Stock Up 4.5%
The company has a 50-day moving average of C$0.70 and a 200-day moving average of C$0.75. The company has a market cap of C$293.56 million, a PE ratio of -28.90 and a beta of 1.37.
About Global Atomic
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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.
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