Global Atomic (TSE:GLO – Get Free Report) has been assigned a C$0.60 price target by investment analysts at Jefferies Financial Group in a report issued on Thursday, BayStreet reports. The firm currently has a “hold” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 13.21% from the company’s current price.
Global Atomic Price Performance
Shares of Global Atomic stock remained flat at C$0.53 during trading hours on Thursday. 648,751 shares of the company’s stock were exchanged, compared to its average volume of 1,944,135. The company’s fifty day simple moving average is C$0.59 and its 200 day simple moving average is C$0.71. The stock has a market cap of C$259.85 million, a price-to-earnings ratio of 26.50 and a beta of 0.08. Global Atomic has a 1-year low of C$0.44 and a 1-year high of C$1.03.
Global Atomic (TSE:GLO – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported C$0.01 EPS for the quarter. Global Atomic had a return on equity of 2.10% and a net margin of 759.08%.The firm had revenue of C$0.14 million for the quarter.
About Global Atomic
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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