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Globex Mining Enterprises (TSE:GMX) Hits New 1-Year High - Here's What Happened

Globex Mining Enterprises logo with Basic Materials background

Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The company traded as high as C$1.33 and last traded at C$1.28, with a volume of 12010 shares changing hands. The stock had previously closed at C$1.29.

Globex Mining Enterprises Stock Performance

The stock has a market cap of C$72.32 million, a PE ratio of 32.25 and a beta of 1.20. The firm's 50-day moving average is C$1.13 and its 200 day moving average is C$1.00. The company has a debt-to-equity ratio of 1.25, a quick ratio of 119.76 and a current ratio of 128.91.

Insider Buying and Selling at Globex Mining Enterprises

In other news, Director Chris Bryan sold 30,500 shares of the business's stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of C$1.00, for a total value of C$30,500.00. 13.44% of the stock is currently owned by company insiders.

Globex Mining Enterprises Company Profile

(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.

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