Globex Mining Enterprises (TSE:GMX) Reaches New 52-Week High – What’s Next?

Globex Mining Enterprises Inc. (TSE:GMXGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as C$1.60 and last traded at C$1.58, with a volume of 42450 shares changing hands. The stock had previously closed at C$1.50.

Globex Mining Enterprises Stock Up 0.6 %

The stock has a market cap of C$88.03 million, a price-to-earnings ratio of 19.24 and a beta of 1.20. The stock has a fifty day moving average of C$1.45 and a two-hundred day moving average of C$1.18.

Globex Mining Enterprises Company Profile

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Globex Mining Enterprises Inc engages in the acquisition, exploration, and development of mineral properties in North America. The company has a mineral portfolio of approximately 232 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; and precious metals, such as gold, silver, platinum, and palladium.

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