Global Energy Metals (CVE:GEMC) Reaches New 1-Year Low – Here’s Why

Shares of Global Energy Metals Co. (CVE:GEMCGet Free Report) 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 329000 shares. The stock had previously closed at C$0.03.

Global Energy Metals Price Performance

The firm has a market cap of C$1.35 million, a PE ratio of -2.00 and a beta of -0.26. The stock has a 50-day moving average price of C$0.02 and a 200 day moving average price of 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. 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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