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Globex Mining Enterprises (TSE:GMX) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Globex Mining Enterprises logo with Basic Materials background

Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.43 and traded as low as C$1.25. Globex Mining Enterprises shares last traded at C$1.25, with a volume of 81,500 shares trading hands.

Globex Mining Enterprises Trading Down 4.6 %

The stock has a market capitalization of C$68.65 million, a PE ratio of 15.01 and a beta of 1.20. The stock has a 50 day moving average price of C$1.42 and a 200-day moving average price of C$1.29.

Globex Mining Enterprises Company Profile

(Get Free Report)

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.

Further Reading

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