Globex Mining Enterprises (TSE:GMX) Hits New 52-Week High – Should You Buy?

Globex Mining Enterprises Inc. (TSE:GMXGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$1.34 and last traded at C$1.34, with a volume of 5800 shares trading hands. The stock had previously closed at C$1.34.

Globex Mining Enterprises Stock Up 6.7 %

The company has a current ratio of 128.91, a quick ratio of 119.76 and a debt-to-equity ratio of 1.25. The stock has a market cap of C$80.17 million, a P/E ratio of 35.75 and a beta of 1.20. The company’s 50 day moving average price is C$1.16 and its two-hundred day moving average price is C$1.02.

About Globex Mining Enterprises

(Get Free Report)

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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