Shares of Global Atomic Co. (TSE:GLO – Get Free Report) shot up 17.6% during mid-day trading on Thursday . The stock traded as high as C$0.80 and last traded at C$0.80. 16,073,772 shares changed hands during mid-day trading, an increase of 594% from the average daily volume of 2,315,657 shares. The stock had previously closed at C$0.68.
Global Atomic Price Performance
The company has a market capitalization of C$357.91 million, a PE ratio of -14.60 and a beta of -0.01. The business has a 50-day moving average of C$0.75 and a 200 day moving average of C$0.76.
Global Atomic (TSE:GLO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$0.29 million during the quarter. Global Atomic had a negative return on equity of 4.29% and a negative net margin of 1,289.81%.
Global Atomic Company Profile
Global Atomic Corporation ( www.globalatomiccorp.com ) is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production. The Company’s Uranium Division is developing the fully permitted, large, high-grade Dasa Deposit, discovered in 2010 by Global Atomic geologists through grassroots field exploration. The Deposit is in the uranium-rich Tim Mersoï Basin in the Agadez Region of the Republic of Niger. The Dasa Project is operated by SOMIDA, a Niger-based company which is owned 80% by Global Atomic and 20% by the Niger Government.
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