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Globex Mining Ent ( (TSE:GMX) ) just unveiled an announcement.
Globex Mining Enterprises reported that option partner Antimony Resources Corp. has delivered final 2025 drill results from the Bald Hill antimony property, confirming extensive high-grade stibnite mineralization across most of the 8,150 metres drilled in 34 holes. Multiple wide intersections grading around 2%–5% antimony, with standout intervals of up to 11.74% Sb over 1.65 metres and robust grade-thickness figures, suggest a potentially significant antimony zone averaging more than 4.5 metres in thickness, strengthening the project’s prospects and underlining Globex’s exposure to a key critical metal used in strategic and industrial applications.
The most recent analyst rating on (TSE:GMX) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Globex Mining Ent stock, see the TSE:GMX Stock Forecast page.
Spark’s Take on TSE:GMX Stock
According to Spark, TipRanks’ AI Analyst, TSE:GMX is a Neutral.
The score is driven primarily by financials: a very conservative, low-debt balance sheet is a major positive, but it is offset by negative TTM operating and free cash flow and uneven profitability (negative EBIT). Technically, the stock’s uptrend (price above key moving averages) provides support, while valuation appears moderate with a ~19 P/E and no dividend yield data.
To see Spark’s full report on TSE:GMX stock, click here.
More about Globex Mining Ent
Globex Mining Enterprises Inc. is a North America-focused mining and exploration company listed on multiple exchanges in Canada, Europe and the U.S. The company builds value by acquiring, exploring and optioning mineral properties, including the Bald Hill antimony project, to partners such as Antimony Resources Corp., leveraging demand for critical and specialty metals.
Average Trading Volume: 43,434
Technical Sentiment Signal: Buy
Current Market Cap: C$108M
Learn more about GMX stock on TipRanks’ Stock Analysis page.