Globex Mining Enterprises (TSE:GMX) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Globex Mining Enterprises Inc. (TSE:GMXGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$1.41 and traded as low as C$1.32. Globex Mining Enterprises shares last traded at C$1.42, with a volume of 28,400 shares.

Globex Mining Enterprises Trading Up 8.4 %

The stock has a market cap of C$78.61 million, a PE ratio of 17.19 and a beta of 1.20. The firm has a fifty day simple moving average of C$1.41 and a two-hundred day simple moving average of C$1.30.

About Globex Mining Enterprises

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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.

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