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The latest update is out from Globex Mining Ent ( (TSE:GMX) ).
Globex Mining Enterprises Inc. announced promising results from Emperor Metals Inc.’s 2024 drill program at the Duquesne West property in Quebec, with significant gold mineralization detected. This development, which is crucial for future open-pit mining potential, reinforces the opportunity to optimize and expand mining boundaries, potentially enhancing the value of the deposit and impacting Globex’s operations as a 50% owner.
More about Globex Mining Ent
Globex Mining Enterprises Inc. is a North American mining company listed on various stock exchanges including Toronto Stock Exchange and OTCQX International in the US. The company focuses on mining activities, with a significant market focus on gold exploration and development projects.
YTD Price Performance: 1.71%
Average Trading Volume: 37,966
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$66.44M
Find detailed analytics on GMX stock on TipRanks’ Stock Analysis page.