Global Energy Metals (CVE:GEMC) Sets New 52-Week Low – Time to Sell?

Global Energy Metals Co. (CVE:GEMCGet Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 4700 shares trading hands. The stock had previously closed at C$0.02.

Global Energy Metals Stock Performance

The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The stock has a market capitalization of C$1.01 million, a price-to-earnings ratio of -0.30 and a beta of 2.02. The company has a current ratio of 1.94, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08.

Global Energy Metals Company Profile

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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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