Global Energy Metals (CVE:GEMC) Sets New 52-Week Low – What’s Next?

Global Energy Metals Co. (CVE:GEMCGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1000 shares traded. The stock had previously closed at C$0.02.

Global Energy Metals Price Performance

The company has a market capitalization of C$1.35 million, a price-to-earnings ratio of -0.40 and a beta of 2.02. The firm’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.94 and a quick ratio of 2.10.

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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