Globex Mining Enterprises (TSE:GMX) Hits New 1-Year High – Should You Buy?

Shares of Globex Mining Enterprises Inc. (TSE:GMXGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$1.48 and last traded at C$1.50, with a volume of 81245 shares traded. The stock had previously closed at C$1.46.

Globex Mining Enterprises Trading Up 4.1 %

The company has a debt-to-equity ratio of 1.25, a quick ratio of 119.76 and a current ratio of 128.91. The stock’s 50-day simple moving average is C$1.19 and its 200-day simple moving average is C$1.03. The firm has a market capitalization of C$85.21 million, a PE ratio of 38.00 and a beta of 1.20.

Globex Mining Enterprises Company Profile

(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.

Further Reading

Receive News & Ratings for Globex Mining Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globex Mining Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.