Global Energy Metals (CVE:GEMC) Reaches New 12-Month Low – Here’s Why

Global Energy Metals Co. (CVE:GEMCGet Free Report) shares reached 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 1400 shares changing hands. The stock had previously closed at C$0.02.

Global Energy Metals Trading Down 25.0 %

The company has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.10 and a current ratio of 1.94. The company has a market capitalization of C$1.01 million, a P/E ratio of -0.30 and a beta of 2.02.

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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