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Globex Mining Enterprises (TSE:GMX) Sets New 1-Year High - Time to Buy?

Globex Mining Enterprises logo with Basic Materials background
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Shares of Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$1.60 and last traded at C$1.58, with a volume of 42450 shares changing hands. The stock had previously closed at C$1.50.

Globex Mining Enterprises Stock Down 0.6 %

The firm has a 50-day moving average of C$1.46 and a two-hundred day moving average of C$1.18. The company has a market capitalization of C$87.47 million, a PE ratio of 19.12 and a beta of 1.20.

About Globex Mining Enterprises

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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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