Globex Mining Enterprises (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof Buys 10,000 Shares

Globex Mining Enterprises Inc. (TSE:GMX) Director Johannes Henricus Cornelis Van Hoof acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average cost of C$1.79 per share, for a total transaction of C$17,900.00. Following the completion of the purchase, the director directly owned 130,000 shares of the company’s stock, valued at C$232,700. The trade was a 8.33% increase in their ownership of the stock.

Johannes Henricus Cornelis Van Hoof also recently made the following trade(s):

• On Friday, June 5th, Johannes Henricus Cornelis Van Hoof bought 10,000 shares of Globex Mining Enterprises stock. The shares were bought at an average cost of C$1.93 per share, for a total transaction of C$19,300.00.
• On Monday, June 8th, Johannes Henricus Cornelis Van Hoof bought 10,000 shares of Globex Mining Enterprises stock. The shares were bought at an average cost of C$1.89 per share, for a total transaction of C$18,900.00.

Globex Mining Enterprises Stock Up 1.1%

Shares of TSE GMX traded up C$0.02 during midday trading on Thursday, reaching C$1.81. 16,000 shares of the company were exchanged, compared to its average volume of 53,307. The stock’s 50-day moving average price is C$2.24 and its 200-day moving average price is C$2.23. The stock has a market cap of C$103.13 million, a P/E ratio of 13.92 and a beta of 0.48. Globex Mining Enterprises Inc. has a one year low of C$1.25 and a one year high of C$2.90.

Globex Mining Enterprises (TSE:GMX) last posted its earnings results on Wednesday, May 13th. The company reported C$0.04 earnings per share for the quarter. The firm had revenue of C$0.58 million for the quarter. Globex Mining Enterprises had a net margin of 495.77% and a return on equity of 18.96%.

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.