Loading...
GMX logo

Globex Mining Enterprises Inc.TSX:GMX Stock Report

Market Cap CA$125.8m
Share Price
n/a
1Y59.7%
7D-1.8%
1D0.5%
Portfolio Value
​
View

Globex Mining Enterprises Inc.

TSX:GMX Stock Report

Market Cap: CA$125.8m

Globex Mining Enterprises (GMX) Stock Overview

Engages in the acquisition, exploration, and development of mineral properties in North America. More details

GMX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Price-To-Earnings ratio (14.9x) is below the Canadian market (17.1x)

Earnings grew by 1872.5% over the past year

Risk Analysis

High level of non-cash earnings

Earnings have declined by 31.7% per year over past 5 years

Does not have a meaningful market cap (CA$126M)

Does not have meaningful revenue (CA$3M)


GMX Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW436,082 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.
Grow your followingReal investors. The kind who actually invest, not scroll past.
Unlock free accessFree premium subscription for consistent and quality authors.
Learn moreCreate Narrative
B
BlackGoat
R
RockeTeller
I
Investingwilly
D
davidlsander
436,082 investors already sharing narratives
View all narratives

Globex Mining Enterprises Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Globex Mining Enterprises
Historical stock prices
Current Share PriceCA$2.22
52 Week HighCA$2.90
52 Week LowCA$1.37
Beta0.99
1 Month Change16.23%
3 Month Change18.09%
1 Year Change59.71%
3 Year Change196.00%
5 Year Change103.67%
Change since IPO552.94%

Recent News & Updates

Recent updates

Analysis Article • Apr 08

We Don’t Think Globex Mining Enterprises' (TSE:GMX) Earnings Should Make Shareholders Too Comfortable

Following the release of a positive earnings report recently, Globex Mining Enterprises Inc.'s ( TSE:GMX ) stock...
Analysis Article • May 22

Globex Mining Enterprises (TSE:GMX) Strong Profits May Be Masking Some Underlying Issues

Globex Mining Enterprises Inc.'s ( TSE:GMX ) healthy profit numbers didn't contain any surprises for investors. We...
Analysis Article • Nov 20

Statutory Earnings May Not Be The Best Way To Understand Globex Mining Enterprises' (TSE:GMX) True Position

Even though Globex Mining Enterprises Inc. ( TSE:GMX ) posted strong earnings recently, the stock hasn't reacted in a...
Analysis Article • Oct 10

Getting In Cheap On Globex Mining Enterprises Inc. (TSE:GMX) Is Unlikely

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 15x, you may consider...
Analysis Article • Apr 01

Statutory Profit Doesn't Reflect How Good Globex Mining Enterprises' (TSE:GMX) Earnings Are

Even though Globex Mining Enterprises Inc.'s ( TSE:GMX ) recent earnings release was robust, the market didn't seem to...

Shareholder Returns

GMXCA Metals and MiningCA Market
7D-1.8%2.6%-0.1%
1Y59.7%54.2%23.9%

Return vs Industry: GMX exceeded the Canadian Metals and Mining industry which returned 55.3% over the past year.

Return vs Market: GMX exceeded the Canadian Market which returned 24.6% over the past year.

Price Volatility

Is GMX's price volatile compared to industry and market?
GMX volatility
GMX Average Weekly Movement7.7%
Metals and Mining Industry Average Movement10.9%
Market Average Movement9.4%
10% most volatile stocks in CA Market16.3%
10% least volatile stocks in CA Market3.7%

Stable Share Price: GMX has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: GMX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1949n/aJack Stochwww.globexmining.com

Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America. The company has a mineral portfolio of approximately 271 early to mid-stage exploration, development and royalty properties containing base metals, including copper, nickel, zinc, and lead; and precious metals, such as gold, silver, platinum, and palladium. It also explores for specialty metals and minerals comprising manganese, vanadium, titanium dioxide, iron, molybdenum, lithium, cobalt, scandium, and antimony, as well as rare earths and associated elements; and industrial minerals consisting of mica, silica, potassic feldspar, pyrophyllite, kaolin, dolomite, talc, and magnesite.

Globex Mining Enterprises Inc. Fundamentals Summary

How do Globex Mining Enterprises's earnings and revenue compare to its market cap?
GMX fundamental statistics
Market capCA$125.84m
Earnings (TTM)CA$8.50m
Revenue (TTM)CA$2.72m
14.9x
P/E Ratio
46.5x
P/S Ratio

Is GMX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GMX income statement (TTM)
RevenueCA$2.72m
Cost of RevenueCA$0
Gross ProfitCA$2.72m
Other Expenses-CA$5.78m
EarningsCA$8.50m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin100.00%
Net Profit Margin312.40%
Debt/Equity Ratio0%

How did GMX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 11:01
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Globex Mining Enterprises Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.