Globex Mining Enterprises (TSE:GMX) Hits New 1-Year High – What’s Next?

Globex Mining Enterprises Inc. (TSE:GMXGet Free Report)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$1.34 and last traded at C$1.34, with a volume of 5800 shares changing hands. The stock had previously closed at C$1.34.

Globex Mining Enterprises Trading Up 6.7 %

The firm has a 50-day moving average price of C$1.16 and a 200-day moving average price of C$1.02. The stock has a market cap of C$80.17 million, a PE ratio of 35.75 and a beta of 1.20. The company has a debt-to-equity ratio of 1.25, a quick ratio of 119.76 and a current ratio of 128.91.

About Globex Mining Enterprises

(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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