Global Energy Metals (CVE:GEMC) Sets New 12-Month Low – Here’s Why

Shares of Global Energy Metals Co. (CVE:GEMCGet Free Report) hit a new 52-week low on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 22439 shares changing hands. 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 current ratio of 1.94 and a quick ratio of 2.10. The company has a market capitalization of C$1.01 million, a PE ratio of -0.40 and a beta of 2.02. The firm has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03.

Global Energy Metals Company Profile

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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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