Global Energy Metals (CVE:GEMC) Reaches New 1-Year Low – Should You Sell?

Global Energy Metals Co. (CVE:GEMCGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1920 shares traded. The stock had previously closed at C$0.02.

Global Energy Metals Stock Up 33.3 %

The company has a debt-to-equity ratio of 0.08, a current ratio of 1.94 and a quick ratio of 2.10. The company has a market cap of C$1.35 million, a price-to-earnings ratio of -0.40 and a beta of 2.02. The firm’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02.

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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