Global Atomic (TSE:GLO) Stock Price Down 17.9% – Time to Sell?

Global Atomic Co. (TSE:GLOGet Free Report)’s share price traded down 17.9% during trading on Tuesday . The company traded as low as C$0.73 and last traded at C$0.78. 5,420,847 shares were traded during mid-day trading, an increase of 58% from the average session volume of 3,423,547 shares. The stock had previously closed at C$0.95.

Global Atomic Stock Performance

The firm’s 50-day moving average is C$0.63 and its two-hundred day moving average is C$0.63. The stock has a market cap of C$305.85 million, a P/E ratio of -10.20 and a beta of 0.03.

About Global Atomic

(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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