Global Energy Metals (CVE:GEMC) Sets New 12-Month Low – Should You Sell?

Global Energy Metals Co. (CVE:GEMCGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 4782 shares changing hands. The stock had previously closed at C$0.02.

Global Energy Metals Price Performance

The firm’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The firm has a market capitalization of C$1.69 million, a P/E ratio of -2.22 and a beta of 2.02.

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.

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