Globex Mining Enterprises (TSE:GMX) Director Buys C$17,900.00 in Stock

Globex Mining Enterprises Inc. (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was acquired at an average price of C$1.79 per share, with a total value of C$17,900.00. Following the completion of the transaction, the director owned 130,000 shares of the company’s stock, valued at C$232,700. This represents a 8.33% increase in their position.

Johannes Henricus Cornelis Van Hoof also recently made the following trade(s):

• On Friday, June 5th, Johannes Henricus Cornelis Van Hoof acquired 10,000 shares of Globex Mining Enterprises stock. The stock was purchased at an average cost of C$1.93 per share, for a total transaction of C$19,300.00.
• On Monday, June 8th, Johannes Henricus Cornelis Van Hoof acquired 10,000 shares of Globex Mining Enterprises stock. The stock was purchased at an average cost of C$1.89 per share, for a total transaction of C$18,900.00.

Globex Mining Enterprises Price Performance

TSE:GMX traded up C$0.02 during mid-day trading on Thursday, reaching C$1.81. The stock had a trading volume of 16,000 shares, compared to its average volume of 53,307. The stock has a 50-day simple moving average of C$2.24 and a two-hundred day simple moving average of C$2.23. The stock has a market capitalization of C$103.13 million, a PE ratio of 13.92 and a beta of 0.48. Globex Mining Enterprises Inc. has a 12 month low of C$1.25 and a 12 month high of C$2.90.

Globex Mining Enterprises (TSE:GMX) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.04 earnings per share (EPS) for the quarter. The business had revenue of C$0.58 million for the quarter. Globex Mining Enterprises had a net margin of 495.77% and a return on equity of 18.96%.

Globex Mining Enterprises Company Profile

Globex Mining Enterprises Inc is a Canada based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company’s mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.