Globex Mining Enterprises Inc (TSE:GMX) Director Buys C$13,110.00 in Stock

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Globex Mining Enterprises Inc (TSE:GMX) Director Jack Stoch bought 23,000 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was purchased at an average price of C$0.57 per share, with a total value of C$13,110.00. Following the completion of the purchase, the director now directly owns 3,727,662 shares of the company’s stock, valued at approximately C$2,124,767.34.

TSE GMX opened at C$0.58 on Friday. Globex Mining Enterprises Inc has a 12 month low of C$0.26 and a 12 month high of C$0.60. The company has a debt-to-equity ratio of 0.63, a current ratio of 47.46 and a quick ratio of 33.68. The company has a market capitalization of $31.69 million and a price-to-earnings ratio of -21.48. The company’s fifty day moving average price is C$0.43 and its two-hundred day moving average price is C$0.37.

About Globex Mining Enterprises

Globex Mining Enterprises Inc engages in the acquisition, exploration, and development of mineral properties in North America. It has a mineral portfolio of approximately 162 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; precious metals, such as gold, silver, platinum, and palladium; specialty metals and minerals comprising manganese, titanium oxide, iron, molybdenum, and lithium, as well as rare earths and associated elements; and industrial minerals consisting of mica, silica, potash, feldspar, pyrophyllite, and talc and magnesite.

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