Globex Mining Enterprises (TSE:GMX) Director Acquires C$18,900.00 in Stock

Globex Mining Enterprises Inc. (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof purchased 10,000 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were acquired at an average cost of C$1.89 per share, for a total transaction of C$18,900.00. Following the acquisition, the director owned 120,000 shares of the company’s stock, valued at approximately C$226,800. The trade was a 9.09% increase in their position.

Johannes Henricus Cornelis Van Hoof also recently made the following trade(s):

• On Friday, June 5th, Johannes Henricus Cornelis Van Hoof acquired 10,000 shares of Globex Mining Enterprises stock. The shares were acquired at an average price of C$1.93 per share, with a total value of C$19,300.00.
• On Wednesday, June 10th, Johannes Henricus Cornelis Van Hoof bought 10,000 shares of Globex Mining Enterprises stock. The stock was acquired at an average price of C$1.79 per share, for a total transaction of C$17,900.00.

Globex Mining Enterprises Trading Up 1.1%

GMX traded up C$0.02 during trading hours on Thursday, hitting C$1.81. The company’s stock had a trading volume of 16,000 shares, compared to its average volume of 53,307. Globex Mining Enterprises Inc. has a fifty-two week low of C$1.25 and a fifty-two week high of C$2.90. The firm has a market capitalization of C$103.13 million, a PE ratio of 13.92 and a beta of 0.48. The company has a 50-day simple moving average of C$2.24 and a 200 day simple moving average of C$2.23.

Globex Mining Enterprises (TSE:GMX) last posted its earnings results on Wednesday, May 13th. The company reported C$0.04 EPS for the quarter. Globex Mining Enterprises had a return on equity of 18.96% and a net margin of 495.77%.The firm had revenue of C$0.58 million for the quarter.

Globex Mining Enterprises Company Profile

Globex Mining Enterprises Inc is a Canada based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company’s mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.