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Global Atomic (TSE:GLO) Trading Down 5.2% - What's Next?

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 October 1st.

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

Global Atomic Price Performance

The stock has a market capitalization of C$187.19 million, a price-to-earnings ratio of -11.00 and a beta of -0.06. The stock's 50 day simple moving average is C$0.64 and its 200-day simple moving average is C$0.68.

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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