Globex Mining Enterprises (TSE:GMX) Sets New 1-Year High – Here’s What Happened

Globex Mining Enterprises Inc. (TSE:GMXGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.24 and last traded at C$1.24, with a volume of 23700 shares trading hands. The stock had previously closed at C$1.19.

Globex Mining Enterprises Price Performance

The company has a debt-to-equity ratio of 1.25, a quick ratio of 119.76 and a current ratio of 128.91. The stock’s 50 day simple moving average is C$1.12 and its 200 day simple moving average is C$1.00. The firm has a market cap of C$74.56 million, a P/E ratio of 33.25 and a beta of 1.20.

Insider Transactions at Globex Mining Enterprises

In other Globex Mining Enterprises news, Director Chris Bryan sold 30,500 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of C$1.00, for a total transaction of C$30,500.00. 13.44% of the stock is currently owned by insiders.

About Globex Mining Enterprises

(Get Free Report)

Globex Mining Enterprises Inc engages in the acquisition, exploration, and development of mineral properties in North America. The company has a mineral portfolio of approximately 232 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; and precious metals, such as gold, silver, platinum, and palladium.

Further Reading

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