Global Energy Metals (CVE:GEMC) Stock Price Down 25% – Time to Sell?

Global Energy Metals Co. (CVE:GEMC – Get Free Report)’s stock price traded down 25% during mid-day trading on Monday. The stock traded as low as C$0.01 and last traded at C$0.01. 145,700 shares changed hands 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 Price Performance

The firm has a market cap of C$1.35 million, a P/E ratio of -2.00 and a beta of -0.78. The stock has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.03.

About Global Energy Metals

(Get Free Report)

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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