TSX:GLOMetals and Mining
Global Atomic (TSX:GLO) Valuation Check As New Financing Backs Dasa Uranium Project Progress
Global Atomic (TSX:GLO) is back in focus after launching a non brokered private placement of up to 56,818,182 units for roughly C$50 million to advance its Dasa uranium project and support working capital.
See our latest analysis for Global Atomic.
The C$50 million financing comes after a period of mixed trading, with the share price at C$0.75 showing a 36.36% 90 day share price return but a 3 year total shareholder return decline of 80.42%. This suggests short term momentum alongside a...