Global Atomic (TSE:GLO) Shares Down 1.6% – Here’s What Happened

Global Atomic Co. (TSE:GLOGet Free Report)’s share price was down 1.6% on Wednesday . The company traded as low as C$0.59 and last traded at C$0.61. 1,959,816 shares traded hands during trading, a decline of 1% from the average session volume of 1,972,948 shares. The stock had previously closed at C$0.62.

Global Atomic Price Performance

The firm has a 50-day simple moving average of C$0.61 and a 200 day simple moving average of C$0.72. The company has a market capitalization of C$284.36 million, a PE ratio of 29.00 and a beta of 0.08.

Global Atomic (TSE:GLOGet Free Report) last issued its earnings results on Thursday, August 13th. The company reported C$0.01 earnings per share for the quarter. The company had revenue of C$0.14 million during the quarter. Global Atomic had a return on equity of 2.10% and a net margin of 759.08%.

Global Atomic Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Global Atomic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Atomic and related companies with MarketBeat.com's FREE daily email newsletter.