Globex Mining Enterprises (TSE:GMX) Hits New 12-Month High – Here’s Why

Globex Mining Enterprises Inc. (TSE:GMXGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$1.60 and last traded at C$1.58, with a volume of 42450 shares trading hands. The stock had previously closed at C$1.50.

Globex Mining Enterprises Stock Performance

The company’s fifty day moving average price is C$1.45 and its two-hundred day moving average price is C$1.18. The firm has a market capitalization of C$88.03 million, a PE ratio of 19.24 and a beta of 1.20.

Globex Mining Enterprises Company Profile

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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.

Further Reading

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