GC

Global Atomic Corp

GLO.NE
TSXMaterials
$0.69
USD
+0.01(+1.47%)
At close: May 20, 00:00 UTC
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Market Snapshot

Market Cap

$392.23M

P/E Ratio

113.0

EPS

-0.07

Revenue

$1.09M

Employees

600

About

Global Atomic Corp. engages in the provision of combination of uranium mine development and cash-flowing zinc concentrate production. The company has two principal lines of business: the processing of electric arc furnace dust (EAFD) obtained from steel companies in Turkiye through a Waelz kiln process to recover zinc concentrates that are then treated by zinc smelters (EAFD Business) and the acquisition, exploration and development of uranium properties in Niger (Uranium Business). Its Uranium Division is developing the fully permitted, large, high grade Dasa Deposit. The Dasa is a high-grade sandstone-hosted deposit with mineralization across a range of horizons from Jurassic to Carboniferous in age. Its Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a modern zinc recycling plant, located in Iskenderun, Turkiye. Its joint venture partner, Befesa Zinc S.A.U. holds a 51% interest in and is the operator of the BST Joint Venture.

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