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The latest update is out from Globex Mining Ent ( (TSE:GMX) ).
Globex Mining Enterprises Inc. announced progress in metallurgical testing on two of its royalty properties. Radisson Mining Resources Inc. reported promising gold recovery rates from its O’Brien Project, which includes mines where Globex holds royalties, suggesting the feasibility of using the Doyon-Westwood mill for processing. Additionally, Brunswick Exploration Inc. shared positive results from initial metallurgical testing at the Mirage Project, highlighting efficient spodumene concentrate production with low impurities. These developments could enhance Globex’s stake in these projects, potentially improving its market position and stakeholder value.
More about Globex Mining Ent
Globex Mining Enterprises Inc. is a mining company operating in North America. The company holds various royalty interests in mining projects, including gold and lithium properties, and is listed on multiple stock exchanges across Canada, Europe, and the United States.
YTD Price Performance: 29.91%
Average Trading Volume: 42,348
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$85.22M
See more insights into GMX stock on TipRanks’ Stock Analysis page.
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