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Globex Mining Enterprises TSX:GMX Stock Report

Last Price

CA$0.95

Market Cap

CA$52.4m

7D

-4.0%

1Y

25.0%

Updated

03 Jun, 2024

Data

Company Financials

Globex Mining Enterprises Inc.

TSX:GMX Stock Report

Market Cap: CA$52.4m

Globex Mining Enterprises Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Globex Mining Enterprises
Historical stock prices
Current Share PriceCA$0.95
52 Week HighCA$1.18
52 Week LowCA$0.71
Beta1.3
1 Month Change-4.04%
3 Month Change9.20%
1 Year Change25.00%
3 Year Change-35.37%
5 Year Change163.89%
Change since IPO179.41%

Recent News & Updates

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

Apr 01
Statutory Profit Doesn't Reflect How Good Globex Mining Enterprises' (TSE:GMX) Earnings Are

Recent updates

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

Apr 01
Statutory Profit Doesn't Reflect How Good Globex Mining Enterprises' (TSE:GMX) Earnings Are

A Look At The Fair Value Of Globex Mining Enterprises Inc. (TSE:GMX)

Aug 30
A Look At The Fair Value Of Globex Mining Enterprises Inc. (TSE:GMX)

Do Globex Mining Enterprises's (TSE:GMX) Earnings Warrant Your Attention?

Feb 16
Do Globex Mining Enterprises's (TSE:GMX) Earnings Warrant Your Attention?

Are Strong Financial Prospects The Force That Is Driving The Momentum In Globex Mining Enterprises Inc.'s TSE:GMX) Stock?

Feb 05
Are Strong Financial Prospects The Force That Is Driving The Momentum In Globex Mining Enterprises Inc.'s TSE:GMX) Stock?

We're Not So Sure You Should Rely on Globex Mining Enterprises's (TSE:GMX) Statutory Earnings

Dec 28
We're Not So Sure You Should Rely on Globex Mining Enterprises's (TSE:GMX) Statutory Earnings

A Look At The Fair Value Of Globex Mining Enterprises Inc. (TSE:GMX)

Dec 01
A Look At The Fair Value Of Globex Mining Enterprises Inc. (TSE:GMX)

Shareholder Returns

GMXCA Metals and MiningCA Market
7D-4.0%-1.1%-0.5%
1Y25.0%8.8%11.9%

Return vs Industry: GMX exceeded the Canadian Metals and Mining industry which returned 8.2% over the past year.

Return vs Market: GMX exceeded the Canadian Market which returned 11.4% over the past year.

Price Volatility

Is GMX's price volatile compared to industry and market?
GMX volatility
GMX Average Weekly Movement7.3%
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.7%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: GMX's weekly volatility (7%) 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 232 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 oxide, 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$52.44m
Earnings (TTM)CA$856.20k
Revenue (TTM)CA$4.45m

61.3x

P/E Ratio

11.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GMX income statement (TTM)
RevenueCA$4.45m
Cost of RevenueCA$0
Gross ProfitCA$4.45m
Other ExpensesCA$3.59m
EarningsCA$856.20k

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.016
Gross Margin100.00%
Net Profit Margin19.25%
Debt/Equity Ratio0%

How did GMX perform over the long term?

See historical performance and comparison
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