Global Energy Metals (CVE:GEMC) Hits New 52-Week Low – Here’s What Happened

Global Energy Metals Co. (CVE:GEMC) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 20000 shares changing hands. The stock had previously closed at C$0.02.

Global Energy Metals Price Performance

The stock has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The stock has a market cap of C$1.01 million, a price-to-earnings ratio of -0.30 and a beta of 2.02. The company has a current ratio of 1.94, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08.

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.