Global Energy Metals (CVE:GEMC) Hits New 52-Week Low – What’s Next?

Global Energy Metals Co. (CVE:GEMC)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 4700 shares. The stock had previously closed at C$0.02.

Global Energy Metals Stock Down 25.0 %

The company has a quick ratio of 2.10, a current ratio of 1.94 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02. The stock has a market capitalization of C$1.01 million, a PE ratio of -0.40 and a beta of 2.02.

About Global Energy Metals

Global Energy Metals Corporation engages in the exploration for resource properties in Canada, Australia, and the United States. It explores for cobalt, copper, nickel, gold, silver, and base metal deposits. The company holds interests in the Werner Lake property located in Kenora, Ontario; the Millennium and Mount Isa projects situated in Mount Isa, Queensland; and the Lovelock Mine and Treasure Box projects in Churchill County, Nevada.