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Globex Mining Enterprises (TSE:GMX) Stock Price Passes Below 50 Day Moving Average - What's Next?

Globex Mining Enterprises logo with Basic Materials background

Shares of Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 Down 5.0%

The company has a market cap of C$73.63 million, a PE ratio of 16.10 and a beta of 1.20. The stock has a 50-day moving average of C$1.40 and a 200-day moving average of C$1.31.

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.

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