Globex Mining Enterprises (TSE:GMX) Director Purchases C$18,900.00 in Stock

Globex Mining Enterprises Inc. (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof acquired 10,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was acquired at an average price of C$1.89 per share, for a total transaction of C$18,900.00. Following the purchase, the director directly owned 120,000 shares of the company’s stock, valued at approximately C$226,800. This trade represents a 9.09% increase in their ownership of the stock.

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 acquired at an average price of C$1.93 per share, for a total transaction of C$19,300.00.
• On Wednesday, June 10th, Johannes Henricus Cornelis Van Hoof acquired 10,000 shares of Globex Mining Enterprises stock. The stock was acquired at an average price of C$1.79 per share, for a total transaction of C$17,900.00.

Globex Mining Enterprises Stock Down 0.5%

TSE:GMX opened at C$1.87 on Friday. The stock’s 50 day moving average price is C$2.21 and its two-hundred day moving average price is C$2.23. The firm has a market capitalization of C$106.55 million, a price-to-earnings ratio of 14.38 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 released its quarterly earnings data on Wednesday, May 13th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm had revenue of C$0.58 million for the quarter. Globex Mining Enterprises had a return on equity of 18.96% and a net margin of 495.77%.

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.