Globex Mining Enterprises Stock Price Crosses Below 50 Day Moving Average Of $0.71

Globex Mining Enterprises Inc. (TSE:GMX – Get Rating)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.71 and traded as low as C$0.62. Globex Mining Enterprises shares last traded at C$0.64, with a volume of 272,770 shares trading hands.

The stock has a 50 day simple moving average of C$0.71 and a 200-day simple moving average of C$0.95. The company has a current ratio of 159.62, a quick ratio of 158.80 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of C$35.64 million and a P/E ratio of 2.91.

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 204 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.

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