Globex Mining Enterprises (TSE:GMX) Shares Up 0.5% – Here’s What Happened

Shares of Globex Mining Enterprises Inc. (TSE:GMXGet Free Report) shot up 0.5% during trading on Tuesday . The company traded as high as C$1.90 and last traded at C$1.87. 54,550 shares traded hands during trading, a decline of 9% from the average session volume of 59,802 shares. The stock had previously closed at C$1.86.

Globex Mining Enterprises Trading Up 0.5%

The company has a market capitalization of C$105.37 million, a price-to-earnings ratio of 20.78 and a beta of 1.48. The company has a fifty day moving average of C$1.74 and a 200-day moving average of C$1.56.

Globex Mining Enterprises (TSE:GMXGet Free Report) last announced its earnings results on Thursday, November 13th. The company reported C$0.08 EPS for the quarter. The business had revenue of C$0.45 million during the quarter. Globex Mining Enterprises had a return on equity of 14.02% and a net margin of 108.26%.

Globex Mining Enterprises Company Profile

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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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