Globex Mining Enterprises Inc. (TSE:GMX – Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.96 and traded as low as C$1.90. Globex Mining Enterprises shares last traded at C$1.94, with a volume of 31,186 shares trading hands.
Globex Mining Enterprises Price Performance
The company has a market cap of C$110.59 million, a price-to-earnings ratio of 14.92 and a beta of 0.51. The business’s 50-day simple moving average is C$1.96 and its 200-day simple moving average is C$2.26.
Globex Mining Enterprises (TSE:GMX – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported C$0.04 EPS for the quarter. Globex Mining Enterprises had a net margin of 495.77% and a return on equity of 18.96%. The business had revenue of C$0.58 million for the quarter.
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.
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