Global Atomic (TSE:GLO) Stock Price Down 17.9% – What’s Next?

Global Atomic Co. (TSE:GLOGet Free Report) traded down 17.9% on Tuesday . The stock traded as low as C$0.73 and last traded at C$0.78. 5,420,847 shares traded hands during 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 stock has a market cap of C$314.01 million, a PE ratio of -10.20 and a beta of 0.03. The stock has a fifty day moving average price of C$0.62 and a 200 day moving average price of C$0.63.

Global Atomic Company Profile

(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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