Globex Mining Enterprises (TSE:GMX) Announces Quarterly Earnings Results

Globex Mining Enterprises (TSE:GMX) announced its earnings results on Tuesday. The company reported C$0.03 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$0.37 million for the quarter. Globex Mining Enterprises had a return on equity of 15.34% and a net margin of 457.03%.

Globex Mining Enterprises Price Performance

Shares of TSE:GMX traded down C$0.06 during midday trading on Thursday, reaching C$2.49. The company had a trading volume of 4,504 shares, compared to its average volume of 74,118. The stock’s fifty day moving average price is C$2.54 and its 200-day moving average price is C$2.04. The stock has a market capitalization of C$140.48 million, a P/E ratio of 27.67 and a beta of 0.72. Globex Mining Enterprises has a one year low of C$1.18 and a one year high of C$2.90.

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.