Shares of Global Energy Metals Co. (CVE:GEMC – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 329000 shares changing hands. The stock had previously closed at C$0.03.
Global Energy Metals Stock Down 20.0%
The company has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a market capitalization of C$1.35 million, a price-to-earnings ratio of -2.00 and a beta of -0.26.
Global Energy Metals Company Profile
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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