Globex Mining Enterprises (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof Purchases 10,000 Shares of Stock

Globex Mining Enterprises Inc. (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof bought 10,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was purchased at an average price of C$1.89 per share, for a total transaction of C$18,900.00. Following the transaction, the director owned 120,000 shares of the company’s stock, valued at approximately C$226,800. This 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 bought 10,000 shares of Globex Mining Enterprises stock. The stock was purchased 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 bought 10,000 shares of Globex Mining Enterprises stock. The stock was purchased at an average price of C$1.79 per share, for a total transaction of C$17,900.00.

Globex Mining Enterprises Price Performance

TSE GMX opened at C$1.88 on Friday. The company has a market cap of C$107.12 million, a PE ratio of 14.46 and a beta of 0.48. The stock’s 50 day simple moving average is C$2.23 and its 200-day simple moving average is C$2.23. Globex Mining Enterprises Inc. has a 1-year low of C$1.25 and a 1-year high of C$2.90.

Globex Mining Enterprises (TSE:GMX) last released its earnings results on Wednesday, May 13th. The company reported C$0.04 earnings per share for the quarter. The business 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%.

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.