Insider Buying: Globex Mining Enterprises Inc (GMX) Director Buys 50,000 Shares of Stock

Globex Mining Enterprises Inc (TSE:GMX) Director Jack Stoch bought 50,000 shares of Globex Mining Enterprises stock in a transaction dated Thursday, December 6th. The stock was acquired at an average cost of C$0.26 per share, with a total value of C$13,000.00.

Jack Stoch also recently made the following trade(s):

  • On Wednesday, November 14th, Jack Stoch bought 2,000 shares of Globex Mining Enterprises stock. The stock was acquired at an average cost of C$0.27 per share, with a total value of C$540.00.
  • On Monday, November 12th, Jack Stoch bought 39,500 shares of Globex Mining Enterprises stock. The stock was acquired at an average cost of C$0.27 per share, with a total value of C$10,665.00.
  • On Thursday, November 1st, Jack Stoch bought 20,000 shares of Globex Mining Enterprises stock. The stock was acquired at an average cost of C$0.29 per share, with a total value of C$5,800.00.
  • On Tuesday, October 30th, Jack Stoch bought 12,500 shares of Globex Mining Enterprises stock. The stock was acquired at an average cost of C$0.28 per share, with a total value of C$3,500.00.

Shares of Globex Mining Enterprises stock traded up C$0.02 during trading on Friday, reaching C$0.30. The company’s stock had a trading volume of 13,500 shares, compared to its average volume of 33,405. Globex Mining Enterprises Inc has a 52 week low of C$0.25 and a 52 week high of C$0.51. The company has a debt-to-equity ratio of 1.57, a current ratio of 17.00 and a quick ratio of 13.05.

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About Globex Mining Enterprises

Globex Mining Enterprises Inc engages in the acquisition, exploration, and development of mineral properties in North America. It has a mineral portfolio of approximately 162 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; precious metals, such as gold, silver, platinum, and palladium; specialty metals and minerals comprising manganese, titanium oxide, iron, molybdenum, and lithium, as well as rare earths and associated elements; and industrial minerals consisting of mica, silica, potash, feldspar, pyrophyllite, and talc and magnesite.

Further Reading: What is a stock buyback?

Insider Buying and Selling by Quarter for Globex Mining Enterprises (TSE:GMX)

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