Jefferies Financial Group Analysts Give Global Atomic (TSE:GLO) a C$0.60 Price Target

Jefferies Financial Group set a C$0.60 target price on Global Atomic (TSE:GLO) in a research report sent to investors on Thursday morning, MarketBeat Ratings reports. The firm currently has a hold rating on the stock.

Global Atomic Stock Performance

Shares of GLO opened at C$0.54 on Thursday. Global Atomic has a fifty-two week low of C$0.44 and a fifty-two week high of C$1.03. The business has a 50-day moving average of C$0.59 and a 200 day moving average of C$0.71. The firm has a market cap of C$264.75 million, a P/E ratio of 27.00 and a beta of 0.05.

Global Atomic (TSE:GLO) last issued its earnings results on Thursday, August 13th. The company reported C$0.01 earnings per share (EPS) for the quarter. Global Atomic had a net margin of 759.08% and a return on equity of 2.10%. The business had revenue of C$0.14 million for the quarter.

Global Atomic Company Profile

Global Atomic Corporation ( www.globalatomiccorp.com ) is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production. The Company’s Uranium Division is developing the fully permitted, large, high-grade Dasa Deposit, discovered in 2010 by Global Atomic geologists through grassroots field exploration. The Deposit is in the uranium-rich Tim Mersoï Basin in the Agadez Region of the Republic of Niger. The Dasa Project is operated by SOMIDA, a Niger-based company which is owned 80% by Global Atomic and 20% by the Niger Government.