Global Atomic Co. (TSE:GLO - Get Free Report)'s share price was down 3.6% during trading on Thursday . The company traded as low as C$0.54 and last traded at C$0.54. Approximately 657,174 shares traded hands during trading, a decline of 53% from the average daily volume of 1,410,306 shares. The stock had previously closed at C$0.56.
Wall Street Analysts Forecast Growth
Separately, Cormark downgraded Global Atomic from a "hold" rating to a "strong sell" rating in a research report on Wednesday, December 18th.
View Our Latest Stock Analysis on Global Atomic
Global Atomic Stock Performance
The firm has a fifty day simple moving average of C$0.56 and a 200-day simple moving average of C$0.89. The firm has a market cap of C$232.94 million, a price-to-earnings ratio of -22.93 and a beta of 1.37.
Global Atomic Company Profile
(
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Global Atomic Corporation engages in the acquisition, exploration, and development of uranium properties in Niger. It also explores for zinc. The company owns 80% interest in the Dasa deposit located in the Republic of Niger. It also processes electric arc furnace dust into zinc concentrates, which is sold to zinc smelters.
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