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

Global Energy Metals Co. (CVE:GEMC – Get Free Report) shares reached a new 52-week low during trading on Wednesday. The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2,000 shares. The stock had previously closed at C$0.02.

Global Energy Metals Price Performance

The stock has a market cap of C$1.35 million, a PE ratio of -2.00 and a beta of -0.90. The firm has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.02.

About Global Energy Metals

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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. It also holds interest in the Rana nickel-copper-cobalt project, which include the Bruvann nickel mine located in Northern Norway.

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