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Global Atomic (TSE:GLO) Shares Down 5.2% - Time to Sell?

Global Atomic logo with Basic Materials background

Key Points

  • Global Atomic Co. saw a decline of 5.2% in stock price, trading as low as C$0.53 during mid-day trading.
  • Trading volume fell by 21% compared to the average session, with 1,050,168 shares traded on Tuesday.
  • The company has a market capitalization of C$187.19 million and a negative price-to-earnings ratio of -11.00.
  • MarketBeat previews the top five stocks to own by November 1st.

Global Atomic Co. (TSE:GLO - Get Free Report) was down 5.2% on Tuesday . The stock traded as low as C$0.53 and last traded at C$0.55. Approximately 1,050,168 shares changed hands during trading, a decline of 21% from the average daily volume of 1,333,859 shares. The stock had previously closed at C$0.58.

Global Atomic Trading Down 3.5%

The company has a fifty day simple moving average of C$0.63 and a two-hundred day simple moving average of C$0.68. The company has a market cap of C$187.19 million, a PE ratio of -11.00 and a beta of 0.02.

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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