Insider Buying: Global Atomic Co. (TSE:GLO) Director Acquires C$30,900.00 in Stock

Global Atomic Co. (TSE:GLOGet Free Report) Director Dean Ronald Chambers acquired 15,000 shares of the business’s stock in a transaction on Wednesday, June 26th. The stock was acquired at an average cost of C$2.06 per share, for a total transaction of C$30,900.00.

Global Atomic Price Performance

Global Atomic stock opened at C$2.06 on Friday. Global Atomic Co. has a twelve month low of C$1.28 and a twelve month high of C$3.91. The company has a market cap of C$431.80 million and a PE ratio of -51.50.

Global Atomic (TSE:GLOGet Free Report) last announced its quarterly earnings data on Wednesday, March 27th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$0.19 million during the quarter.

Analysts Set New Price Targets

Separately, Cormark cut Global Atomic from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, May 15th.

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Global Atomic Company Profile

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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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