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Global Atomic (TSE:GLO) Stock Price Down 4% - Here's Why

Global Atomic logo with Basic Materials background

Global Atomic Co. (TSE:GLO - Get Free Report) shares were down 4% on Tuesday . The company traded as low as C$0.94 and last traded at C$0.95. Approximately 1,051,941 shares changed hands during trading, a decline of 26% from the average daily volume of 1,418,964 shares. The stock had previously closed at C$0.99.

Global Atomic Price Performance

The stock has a fifty day moving average price of C$0.64 and a two-hundred day moving average price of C$0.76. The company has a market cap of C$303.13 million, a P/E ratio of -29.85 and a beta of 1.37.

About Global Atomic

(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.

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