Globex Mining Enterprises (TSE:GMX) Director Buys C$19,300.00 in Stock

Globex Mining Enterprises Inc. (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The shares were purchased at an average cost of C$1.93 per share, for a total transaction of C$19,300.00. Following the purchase, the director directly owned 110,000 shares in the company, valued at C$212,300. This trade represents a 10.00% increase in their ownership of the stock.

Johannes Henricus Cornelis Van Hoof also recently made the following trade(s):

• On Monday, June 8th, Johannes Henricus Cornelis Van Hoof purchased 10,000 shares of Globex Mining Enterprises stock. The shares were purchased at an average cost of C$1.89 per share, for a total transaction of C$18,900.00.
• On Wednesday, June 10th, Johannes Henricus Cornelis Van Hoof purchased 10,000 shares of Globex Mining Enterprises stock. The shares were purchased at an average cost of C$1.79 per share, for a total transaction of C$17,900.00.

Globex Mining Enterprises Price Performance

Globex Mining Enterprises stock traded up C$0.02 during midday trading on Thursday, hitting C$1.81. 16,000 shares of the stock were exchanged, compared to its average volume of 53,307. Globex Mining Enterprises Inc. has a 1 year low of C$1.25 and a 1 year high of C$2.90. The firm has a market cap of C$103.13 million, a P/E ratio of 13.92 and a beta of 0.48. The company has a 50 day moving average price of C$2.24 and a two-hundred day moving average price of C$2.23.

Globex Mining Enterprises (TSE:GMX) last released its quarterly earnings results on Wednesday, May 13th. The company reported C$0.04 earnings per share (EPS) for the quarter. Globex Mining Enterprises had a net margin of 495.77% and a return on equity of 18.96%. The firm had revenue of C$0.58 million for the quarter.

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.