Global Atomic (TSE:GLO) Trading Up 13.9% – Here’s Why

Global Atomic Co. (TSE:GLOGet Free Report)’s share price shot up 13.9% during mid-day trading on Friday . The stock traded as high as C$0.82 and last traded at C$0.82. 1,394,307 shares were traded during trading, a decline of 16% from the average session volume of 1,661,148 shares. The stock had previously closed at C$0.72.

Global Atomic Stock Up 20.8%

The company has a market capitalization of C$354.79 million, a PE ratio of -10.20 and a beta of 0.07. The company’s 50 day moving average is C$0.56 and its two-hundred day moving average is C$0.62.

Global Atomic Company Profile

(Get Free Report)

Global Atomic Corp is a Canadian-based company that operates along with its subsidiaries. Its business activities include processing of electric arc furnace dust (EAFD) obtained from steel companies in Turkey, through a Waelz kiln process to recover zinc concentrates that are then treated by zinc smelters; and acquisition, exploration, and development of uranium properties in Niger. The majority of its revenue comes from its EAFD business.

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