Free Trial

Globex Mining Enterprises (TSE:GMX) Stock Crosses Below 50 Day Moving Average - Here's Why

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 Thursday . The stock has a 50-day moving average of C$1.40 and traded as low as C$1.40. Globex Mining Enterprises shares last traded at C$1.40, with a volume of 18,900 shares.

Globex Mining Enterprises Stock Up 3.6%

The stock's fifty day simple moving average is C$1.40 and its 200-day simple moving average is C$1.32. The company has a market capitalization of C$79.72 million, a PE ratio of 17.43 and a beta of 1.20.

About Globex Mining Enterprises

(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.

Featured Articles

Should You Invest $1,000 in Globex Mining Enterprises Right Now?

Before you consider Globex Mining Enterprises, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Globex Mining Enterprises wasn't on the list.

While Globex Mining Enterprises currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines