Globex Mining Enterprises (TSE:GMX) Shares Cross Above 50-Day Moving Average of $0.89

Globex Mining Enterprises Inc. (TSE:GMX) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.89 and traded as high as C$0.99. Globex Mining Enterprises shares last traded at C$0.99, with a volume of 600 shares traded.

Globex Mining Enterprises Trading Up 5.3 %

The business’s 50 day simple moving average is C$0.89 and its 200 day simple moving average is C$0.87. The stock has a market cap of C$54.71 million, a price-to-earnings ratio of -33.00 and a beta of 1.34. The company has a quick ratio of 119.76, a current ratio of 165.30 and a debt-to-equity ratio of 0.30.

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.