Globex Mining Enterprises (TSE:GMX) Hits New 1-Year High – Still a Buy?

Globex Mining Enterprises Inc. (TSE:GMXGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as C$1.33 and last traded at C$1.28, with a volume of 12010 shares traded. The stock had previously closed at C$1.29.

Globex Mining Enterprises Stock Performance

The company has a quick ratio of 119.76, a current ratio of 128.91 and a debt-to-equity ratio of 1.25. The firm has a 50-day moving average price of C$1.14 and a 200 day moving average price of C$1.00. The firm has a market capitalization of C$72.88 million, a PE ratio of 32.50 and a beta of 1.20.

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.

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