Globex Mining Enterprises (TSE:GMX) Trading Down 1.8% - Here's What Happened

Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report)'s share price fell 1.8% during trading on Tuesday . The company traded as low as C$1.12 and last traded at C$1.12. 16,261 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 30,457 shares. The stock had previously closed at C$1.14.

Globex Mining Enterprises Stock Up 1.8 %

The firm has a market cap of C$63.91 million, a PE ratio of 28.00 and a beta of 1.20. The company has a debt-to-equity ratio of 1.25, a current ratio of 128.91 and a quick ratio of 119.76. The business has a fifty day moving average price of C$1.05 and a two-hundred day moving average price of C$0.96.

Insider Transactions at Globex Mining Enterprises

In other Globex Mining Enterprises news, Director Chris Bryan sold 30,500 shares of the 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 transaction of C$30,500.00. Insiders sold 43,900 shares of company stock valued at $44,468 in the last three months. Corporate insiders own 13.44% of the company's stock.

About Globex Mining Enterprises

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.