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Global Atomic (TSE:GLO) Trading Up 3.4% - Time to Buy?

Global Atomic logo with Basic Materials background

Shares of Global Atomic Co. (TSE:GLO - Get Free Report) shot up 3.4% on Friday . The stock traded as high as C$0.62 and last traded at C$0.61. 583,274 shares traded hands during trading, a decline of 62% from the average session volume of 1,527,109 shares. The stock had previously closed at C$0.59.

Global Atomic Price Performance

The company's 50-day moving average is C$0.56 and its 200-day moving average is C$0.80. The firm has a market capitalization of C$204.22 million, a price-to-earnings ratio of -20.11 and a beta of 1.37.

Global Atomic Company Profile

(Get Free Report)

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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