Global Atomic Co. (TSE:GLO – Get Free Report)’s share price rose 6.1% during mid-day trading on Wednesday . The stock traded as high as C$0.53 and last traded at C$0.52. Approximately 777,495 shares traded hands during trading, a decline of 52% from the average daily volume of 1,610,726 shares. The stock had previously closed at C$0.49.
Analysts Set New Price Targets
Separately, Cormark downgraded shares of Global Atomic from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 18th.
Read Our Latest Analysis on GLO
Global Atomic Stock Performance
About Global Atomic
Global Atomic Corporation engages in the acquisition, exploration, and development of uranium properties in Niger. It also explores for zinc. The company owns 80% interest in the Dasa deposit located in the Republic of Niger. It also processes electric arc furnace dust into zinc concentrates, which is sold to zinc smelters.
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