Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report) hit a new 52-week high during 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 traded. The stock had previously closed at C$1.19.
Globex Mining Enterprises Stock Performance
The stock's 50 day moving average price is C$1.11 and its two-hundred day moving average price is C$0.99. 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 firm has a market capitalization of C$70.64 million, a price-to-earnings ratio of 31.50 and a beta of 1.20.
Insiders Place Their Bets
In related news, Director Chris Bryan sold 30,500 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of C$1.00, for a total value of C$30,500.00. Over the last three months, insiders have sold 43,900 shares of company stock worth $44,468. 13.44% of the stock is owned by company insiders.
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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