Globex Mining Enterprises (GMX) Stock Price Down 17.6%

Globex Mining Enterprises Inc (TSE:GMX) fell 17.6% during trading on Thursday . The company traded as low as C$0.26 and last traded at C$0.28. 101,500 shares changed hands during trading, an increase of 215% from the average session volume of 32,270 shares. The stock had previously closed at C$0.34.

The company has a current ratio of 17.00, a quick ratio of 13.05 and a debt-to-equity ratio of 1.57.

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Globex Mining Enterprises Company Profile (TSE:GMX)

Globex Mining Enterprises Inc engages in the acquisition, exploration, and development of mineral properties in North America. It has a mineral portfolio of approximately 162 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, titanium oxide, iron, molybdenum, and lithium, as well as rare earths and associated elements; and industrial minerals consisting of mica, silica, potash, feldspar, pyrophyllite, and talc and magnesite.

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