Global Atomic (TSE:GLO) Posts Quarterly Earnings Results

Global Atomic (TSE:GLO) issued its earnings results on Thursday. The company reported C$0.01 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$0.14 million during the quarter. Global Atomic had a negative net margin of 1,289.81% and a negative return on equity of 4.29%.

Global Atomic Stock Down 4.7%

Shares of TSE GLO traded down C$0.03 during mid-day trading on Thursday, hitting C$0.61. 749,857 shares of the company traded hands, compared to its average volume of 1,990,053. Global Atomic has a 1 year low of C$0.44 and a 1 year high of C$1.03. The stock has a market capitalization of C$299.07 million, a price-to-earnings ratio of -12.20 and a beta of 0.08. The business has a 50 day moving average of C$0.63 and a two-hundred day moving average of C$0.73.

Global Atomic Company Profile

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.