Global Atomic (TSE:GLO) Stock Price Up 3.4% – Should You Buy?

Global Atomic Co. (TSE:GLOGet Free Report) shares shot up 3.4% during trading on Friday . The stock traded as high as C$0.62 and last traded at C$0.61. 583,274 shares were traded 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 Stock Performance

The company has a 50 day moving average of C$0.56 and a 200 day moving average of C$0.81. The stock has a market capitalization of C$194.64 million, a price-to-earnings ratio of -19.16 and a beta of 1.37.

About Global Atomic

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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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