Globex Mining Enterprises (TSE:GMX) Releases Earnings Results

Globex Mining Enterprises (TSE:GMX) announced its earnings results on Tuesday. The company reported C$0.03 earnings per share for the quarter, FiscalAI reports. Globex Mining Enterprises had a net margin of 457.03% and a return on equity of 15.34%. The firm had revenue of C$0.37 million for the quarter.

Globex Mining Enterprises Price Performance

Shares of GMX opened at C$2.50 on Wednesday. Globex Mining Enterprises has a one year low of C$1.18 and a one year high of C$2.90. The company has a 50-day simple moving average of C$2.54 and a two-hundred day simple moving average of C$2.04. The firm has a market capitalization of C$141.04 million, a PE ratio of 27.78 and a beta of 0.72.

About Globex Mining Enterprises

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.