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Globex Mining Enterprises (TSE:GMX) Stock Price Crosses Below 50-Day Moving Average - Time to Sell?

Globex Mining Enterprises logo with Basic Materials background

Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.38 and traded as low as C$1.38. Globex Mining Enterprises shares last traded at C$1.41, with a volume of 12,418 shares trading hands.

Globex Mining Enterprises Stock Performance

The stock has a market cap of C$76.40 million, a P/E ratio of 16.70 and a beta of 1.20. The business has a 50 day simple moving average of C$1.37 and a 200-day simple moving average of C$1.37.

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.

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