Global Atomic Co. (TSE:GLO) Senior Officer Robert Tait Buys 23,000 Shares

Global Atomic Co. (TSE:GLO) Senior Officer Robert Tait bought 23,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was acquired at an average cost of C$0.65 per share, for a total transaction of C$14,950.00.

Global Atomic Stock Performance

Global Atomic stock traded down C$0.02 during midday trading on Friday, reaching C$0.62. The stock had a trading volume of 518,749 shares, compared to its average volume of 1,461,208. The firm’s fifty day simple moving average is C$0.87 and its 200-day simple moving average is C$1.13. Global Atomic Co. has a 1-year low of C$0.59 and a 1-year high of C$3.58. The stock has a market capitalization of C$140.67 million, a P/E ratio of -30.00 and a beta of 1.37.

Global Atomic (TSE:GLO) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C($0.02) earnings per share for the quarter. Global Atomic had a negative return on equity of 1.06% and a negative net margin of 182.98%.

Analyst Ratings Changes

Separately, Cormark downgraded Global Atomic from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 18th.

Global Atomic Company Profile

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.