Global Energy Metals (CVE:GEMC) Reaches New 52-Week Low – Should You Sell?

Global Energy Metals Co. (CVE:GEMCGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 1000 shares. The stock had previously closed at C$0.02.

Global Energy Metals Price Performance

The company has a current ratio of 1.94, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of C$1.35 million, a price-to-earnings ratio of -0.40 and a beta of 2.02. The business’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02.

About Global Energy Metals

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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.

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