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 acquired 10,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was bought at an average price of C$1.89 per share, with a total value of C$18,900.00. Following the completion of the acquisition, the director directly owned 120,000 shares of the company’s stock, valued at approximately C$226,800. This represents a 9.09% increase in their ownership of the stock.

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 stock was bought 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 acquired 10,000 shares of Globex Mining Enterprises stock. The stock was bought at an average price of C$1.79 per share, with a total value of C$17,900.00.

Globex Mining Enterprises Trading Up 1.1%

GMX stock traded up C$0.02 on Thursday, hitting C$1.81. 16,000 shares of the company’s stock traded hands, compared to its average volume of 53,307. The stock has a market cap of C$103.13 million, a price-to-earnings ratio of 13.92 and a beta of 0.48. Globex Mining Enterprises Inc. has a 1-year low of C$1.25 and a 1-year high of C$2.90. The stock has a fifty day moving average of C$2.24 and a 200-day moving average of C$2.23.

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

About Globex Mining Enterprises

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.