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Global Atomic (TSE:GLO) Stock Price Up 1.9% - What's Next?

Global Atomic logo with Basic Materials background

Key Points

  • Global Atomic's stock price increased by 1.9%, closing at C$0.55 after reaching a high of C$0.55 during trading on Friday.
  • Trading volume surged to approximately 3,957,311 shares, marking an increase of 176% from the average daily volume of 1,433,470 shares.
  • The company specializes in processing electric arc furnace dust and has business activities in uranium property development in Niger.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of Global Atomic Co. (TSE:GLO - Get Free Report) rose 1.9% during trading on Friday . The company traded as high as C$0.55 and last traded at C$0.55. Approximately 3,957,311 shares changed hands during trading, an increase of 176% from the average daily volume of 1,433,470 shares. The stock had previously closed at C$0.54.

Global Atomic Price Performance

The business's 50 day simple moving average is C$0.62 and its 200 day simple moving average is C$0.71. The company has a market capitalization of C$187.19 million, a PE ratio of -11.00 and a beta of 0.12.

Global Atomic Company Profile

(Get Free Report)

Global Atomic Corp is a Canadian-based company that operates along with its subsidiaries. Its business activities include processing of electric arc furnace dust (EAFD) obtained from steel companies in Turkey, through a Waelz kiln process to recover zinc concentrates that are then treated by zinc smelters; and acquisition, exploration, and development of uranium properties in Niger.

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