Shares of Global Energy Metals Co. (CVE:GEMC – Get Rating) shot up 33.3% during trading on Tuesday . The company traded as high as C$0.12 and last traded at C$0.12. 62,500 shares were traded during mid-day trading, an increase of 127% from the average session volume of 27,545 shares. The stock had previously closed at C$0.09.
Global Energy Metals Price Performance
The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.10 and a current ratio of 2.10. The firm has a market cap of C$3.90 million and a P/E ratio of -1.85. The company has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.09.
About Global Energy Metals
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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