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Globex Mining Enterprises (TSE:GMX) Hits New 52-Week 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 on Friday . The company traded as high as C$1.19 and last traded at C$1.15, with a volume of 23200 shares. The stock had previously closed at C$1.16.

Globex Mining Enterprises Trading Up 1.7 %

The company has a market cap of C$66.15 million, a PE ratio of 29.50 and a beta of 1.20. The company has a current ratio of 128.91, a quick ratio of 119.76 and a debt-to-equity ratio of 1.25. The business has a 50 day simple moving average of C$1.09 and a two-hundred day simple moving average of C$0.98.

Insider Buying and Selling

In related news, Director Chris Bryan sold 30,500 shares of Globex Mining Enterprises stock in a transaction 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. Over the last ninety days, insiders have sold 43,900 shares of company stock worth $44,468. 13.44% of the stock is 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.

Further Reading

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