Globex Mining Ent ( (TSE:GMX) ) has provided an announcement.
Globex Mining Enterprises Inc. announced that it has sold its shares in O3 Mining Inc. to Agnico Eagle Mines Ltd. for a total of $1,980,447.99, representing a 58% premium per share. This transaction, stemming from previous claims sales, allows Globex to continue holding significant royalties on the lands involved, potentially impacting its future revenue streams positively.
More about Globex Mining Ent
Globex Mining Enterprises Inc. operates in the mining industry, primarily focusing on exploration and royalty acquisition. The company is engaged in the North American market and holds a diversified portfolio of mineral properties.
YTD Price Performance: 24.79%
Average Trading Volume: 39,097
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$79.61M
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