Globe Metals & Mining (ASX:GBE) - Stock Price, News & Analysis

GBE Stock Overview

Globe Metals & Mining Limited explores, develops, and invests in the resource sector in Australia and Africa.

GBE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Risk Analysis

Highly volatile share price over the past 3 months

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 16.3% per year over past 5 years

Has less than 1 year of cash runway

+ 2 more risks

Globe Metals & Mining Limited Competitors

Battery Age Minerals

ASX:BM8

AU$25.7m

Mineral Commodities

ASX:MRC

AU$22.8m

Pan Asia Metals

ASX:PAM

AU$31.8m

Red Metal

ASX:RDM

AU$21.8m

Price History & Performance

Summary of all time highs, changes and price drops for Globe Metals & Mining
Historical stock prices
Current Share Price	AU$0.038
52 Week High	AU$0.11
52 Week Low	AU$0.033
Beta	0.59
1 Month Change	0%
3 Month Change	-39.68%
1 Year Change	-47.22%
3 Year Change	35.71%
5 Year Change	171.43%
Change since IPO	-82.33%

Recent updates

Companies Like Globe Metals & Mining (ASX:GBE) Are In A Position To Invest In Growth

Jan 07

We're Not Very Worried About Globe Metals & Mining's (ASX:GBE) Cash Burn Rate

Sep 20

We Think Globe Metals & Mining (ASX:GBE) Can Afford To Drive Business Growth

Jun 07

Here's Why We're Not Too Worried About Globe Metals & Mining's (ASX:GBE) Cash Burn Situation

Jan 14

Shareholder Returns

	GBE	AU Metals and Mining	AU Market
7D	2.7%	0.5%	-0.6%
1Y	-47.2%	9.9%	7.7%

Return vs Industry: GBE underperformed the Australian Metals and Mining industry which returned 9.9% over the past year.

Return vs Market: GBE underperformed the Australian Market which returned 7.7% over the past year.

Price Volatility

Is GBE's price volatile compared to industry and market?
GBE volatility
GBE Average Weekly Movement	16.4%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	15.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: GBE is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: GBE's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2005	n/a	Grant Hudson	https://www.globemm.com

Globe Metals & Mining Limited explores, develops, and invests in the resource sector in Australia and Africa. The company primarily explores for niobium and tantalum deposits. It primarily holds 100% interest in the Kanyika project located in Malawi.

Globe Metals & Mining Limited Fundamentals Summary

How do Globe Metals & Mining's earnings and revenue compare to its market cap?
GBE fundamental statistics
Market Cap	AU$24.24m
Earnings (TTM)	-AU$2.66m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-9.1x

P/E Ratio

Is GBE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GBE income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$2.66m
Earnings	-AU$2.66m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0042
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	2.8%

How did GBE perform over the long term?

See historical performance and comparison