Shares of General Moly, Inc. (TSE:GMO) (NYSEMKT:GMO) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.25 and last traded at C$0.25, with a volume of 4802 shares traded. The stock had previously closed at C$0.27.
The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.97 and a current ratio of 0.97.
General Moly (TSE:GMO) (NYSEMKT:GMO) last issued its quarterly earnings results on Wednesday, August 22nd. The company reported C($0.03) earnings per share (EPS) for the quarter. As a group, analysts predict that General Moly, Inc. will post -0.08 EPS for the current fiscal year.
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General Moly, Inc, together with its subsidiary, Eureka Moly, LLC, engages in the exploration, development, and mining of mineral properties in the United States. The company explores for molybdenum and copper deposits. It primarily has an 80% interests in the Mt. Hope project consisting of 13 patented lode claims and 1 mill site claim with proven and probable molybdenum reserves totaling approximately 1.4 billion pounds located in Eureka County, Nevada.
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