Global Energy Metals Co. (CVE:GEMC – Get Free Report)’s stock price was down 25% on Monday. The company traded as low as C$0.01 and last traded at C$0.01. 145,700 shares were traded during mid-day trading, an increase of 249% from the average session volume of 41,748 shares. The stock had previously closed at C$0.02.
Global Energy Metals Stock Performance
The company has a market capitalization of C$1.01 million, a price-to-earnings ratio of -1.50 and a beta of -0.90. The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03.
About Global Energy Metals
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. It also holds interest in the Rana nickel-copper-cobalt project, which include the Bruvann nickel mine located in Northern Norway.
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