Insider Buying: Globex Mining Enterprises Inc. (TSE:GMX) Insider Acquires 37,000 Shares of Stock

Globex Mining Enterprises Inc. (TSE:GMX) insider Globex Mining Enterprises Inc. acquired 37,000 shares of the business’s stock in a transaction on Friday, August 9th. The stock was acquired at an average cost of C$0.88 per share, for a total transaction of C$32,560.00.

Globex Mining Enterprises Price Performance

Shares of GMX opened at C$0.90 on Thursday. The firm has a fifty day moving average price of C$0.94 and a 200-day moving average price of C$0.92. The company has a current ratio of 40.30, a quick ratio of 119.76 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of C$50.66 million, a P/E ratio of 90.00 and a beta of 1.21. Globex Mining Enterprises Inc. has a 12-month low of C$0.74 and a 12-month high of C$1.18.

Globex Mining Enterprises Company Profile

Globex Mining Enterprises Inc engages in the acquisition, exploration, and development of mineral properties in North America. It has a mineral portfolio of approximately 220 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, vanadium, titanium oxide, iron, molybdenum, lithium, cobalt, scandium, and antimony, as well as rare earths and associated elements; and industrial minerals consisting of mica, silica, potassic feldspar, pyrophyllite, kaolin, talc, and magnesite.