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

Shares of Globex Mining Enterprises Inc. (TSE:GMX) reached a new 52-week high on Thursday . The stock traded as high as C$1.20 and last traded at C$1.18, with a volume of 30951 shares traded. The stock had previously closed at C$1.20.

Globex Mining Enterprises Stock Performance

The firm 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 50-day simple moving average of C$1.09 and a two-hundred day simple moving average of C$0.98. The company has a quick ratio of 119.76, a current ratio of 128.91 and a debt-to-equity ratio of 1.25.

Insider Buying and Selling

In other Globex Mining Enterprises news, Director Chris Bryan sold 30,500 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of C$1.00, for a total transaction of C$30,500.00. Over the last 90 days, insiders sold 43,900 shares of company stock worth $44,468. 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.