Global Energy Metals (CVE:GEMC) Sets New 52-Week Low – Here’s Why

Shares of Global Energy Metals Co. (CVE:GEMC) reached 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 1000 shares changing hands. The stock had previously closed at C$0.02.

Global Energy Metals Price Performance

The firm has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The firm has a market capitalization of C$1.01 million, a PE ratio of -0.30 and a beta of 2.02. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.94 and a quick ratio of 2.10.

Global Energy Metals Company Profile

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.