Global Energy Metals (CVE:GEMC) Sets New 1-Year Low – What’s Next?

Global Energy Metals Co. (CVE:GEMCGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 22439 shares. The stock had previously closed at C$0.02.

Global Energy Metals Stock Down 25.0 %

The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.10 and a current ratio of 1.94. The business’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The firm has a market capitalization of C$1.01 million, a PE ratio of -0.40 and a beta of 2.02.

Global Energy Metals Company Profile

(Get Free Report)

Global Energy Metals Corporation engages in the exploration for resource properties in Canada, Australia, and the United States. It explores for cobalt, copper, nickel, gold, silver, and base metal deposits. The company holds interests in the Werner Lake property located in Kenora, Ontario; the Millennium and Mount Isa projects situated in Mount Isa, Queensland; and the Lovelock Mine and Treasure Box projects in Churchill County, Nevada.

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