Global Energy Metals (CVE:GEMC) Reaches New 12-Month Low – Here’s What Happened

Global Energy Metals Co. (CVE:GEMC – Get Free Report) shares hit a new 52-week low on Thursday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 2,000 shares trading hands. The stock had previously closed at C$0.03.

Global Energy Metals Price Performance

The company has a market cap of C$1.35 million, a price-to-earnings ratio of -2.00 and a beta of -0.90. The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

Global Energy Metals Company Profile

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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. It also holds interest in the Rana nickel-copper-cobalt project, which include the Bruvann nickel mine located in Northern Norway.

Further Reading

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