Globe Metals & Mining Limited (AU:GBE)
ASX:GBE
Top Page
Globe Metals & Mining Limited
(Sydney:GBE)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.10
▲(106.00% Upside)
Action:ReiteratedDate:04/08/26
The score is held down primarily by minimal revenue, ongoing losses, and continued cash burn, which outweigh the balance-sheet strength. Technicals show strong recent momentum (price above major moving averages), but overbought readings raise near-term risk. Valuation is unattractive/unclear due to negative earnings and no indicated dividend yield.
Positive Factors
Balance sheet strength
The company holds a materially positive equity base relative to debt, providing a durable financial buffer. Manageable leverage reduces short-term solvency risk and gives management runway to progress permitting and development before needing immediate large external financing, assuming losses moderate.
Negative Factors
Pre-revenue status
The company lacks commercial revenue and has recorded losses annually, meaning it cannot self-fund development. Absent a visible revenue ramp, the business must rely on external capital to reach production, and there's no demonstrated scalable operating economics to de-risk returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
The company holds a materially positive equity base relative to debt, providing a durable financial buffer. Manageable leverage reduces short-term solvency risk and gives management runway to progress permitting and development before needing immediate large external financing, assuming losses moderate.
Read all positive factors
Globe Metals & Mining Limited (GBE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$98.48M
Dividend YieldN/A
Average Volume (3M)126.17K
Price to Earnings (P/E)―
Beta (1Y)1.23
Revenue GrowthN/A
EPS Growth11.11%
CountryAU
Employees4
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding937,909,240
10 Day Avg. Volume215,001
30 Day Avg. Volume126,174
Financial Highlights & Ratios
PEG Ratio0.52
Price to Book (P/B)0.66
Price to Sales (P/S)1763.90
P/FCF Ratio-8.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Globe Metals & Mining Limited Business Overview & Revenue Model
Company Description
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 Mala...
How the Company Makes Money
GBE’s intended business model is to generate revenue by developing the Kanyika Niobium Project into a producing mining operation and selling niobium-containing products produced from that project. Specific details on the final product mix, offtake...
Globe Metals & Mining Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
27
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 11.00K | 0.00 | 0.00 | 0.00 | 199.00 |
| Gross Profit | -5.00K | 11.00K | -21.00K | -22.00K | -60.00K | -17.00K |
| EBITDA | -2.26M | -2.92M | -2.69M | -2.59M | -2.47M | -1.36M |
| Net Income | -3.58M | -3.35M | -3.43M | -2.66M | -2.75M | -1.38M |
Balance Sheet | ||||||
| Total Assets | 40.72M | 35.01M | 33.02M | 30.89M | 30.86M | 32.68M |
| Cash, Cash Equivalents and Short-Term Investments | 5.76M | 496.00K | 1.15M | 244.00K | 431.00K | 2.82M |
| Total Debt | 0.00 | 4.91M | 0.00 | 825.00K | 1.05M | 46.00K |
| Total Liabilities | 628.00K | 5.42M | 275.00K | 967.00K | 1.36M | 404.00K |
| Stockholders Equity | 40.09M | 29.59M | 32.74M | 29.92M | 29.50M | 32.28M |
Cash Flow | ||||||
| Free Cash Flow | -2.87M | -2.39M | -4.09M | -2.77M | -3.79M | -2.29M |
| Operating Cash Flow | -2.86M | -2.39M | -2.83M | -2.02M | -2.32M | -1.23M |
| Investing Cash Flow | -1.75M | -2.75M | -1.26M | -428.00K | -1.02M | -1.06M |
| Financing Cash Flow | 10.08M | 4.49M | 5.00M | 2.26M | 1.02M | 2.29M |
Globe Metals & Mining Limited Technical Analysis
Positive
0.05
Price Trends
0.07
Positive
0.06
Positive
0.06
Positive
Market Momentum
0.01
Negative
57.56
Neutral
57.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GBE, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.07, and below the 200-day MA of 0.06, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.56 is Neutral, neither overbought nor oversold. The STOCH value of 57.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GBE.
Globe Metals & Mining Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | AU$98.48M | -4.90 | -10.28% | ― | ― | 11.11% | |
45 Neutral | AU$31.62M | -67.75 | -1.37% | ― | ― | -134.50% | |
44 Neutral | AU$55.79M | -4.47 | -9.34% | ― | ― | 18.92% | |
42 Neutral | AU$27.84M | -1.36 | -108.56% | ― | -99.90% | 81.70% | |
42 Neutral | AU$153.38M | -6.42 | -8.06% | ― | ― | 37.04% | |
42 Neutral | AU$18.41M | -24.16 | -108.69% | ― | ― | 36.67% |
* Basic Materials Sector Average
AU:GBE
Globe Metals & Mining Limited
0.11
0.07
228.13%
AU:CLA
Celsius Resources
0.02
<0.01
50.00%
AU:SVG
Laneway Resources Ltd.
0.01
<0.01
30.00%
AU:CBE
Cobre Limited
0.16
0.11
220.00%
AU:GAL
Galileo Mining Ltd.
0.16
0.05
45.45%
AU:SUH
Southern Hemisphere Mining Limited
0.03
<0.01
19.05%
Globe Metals & Mining Limited Corporate Events
Globe Metals & Mining BFS Confirms Strong Economics for Kanyika Niobium Project
Apr 1, 2026
Globe Metals Mining has released a bankable feasibility study for its Kanyika Niobium Project in Malawi, confirming robust economics and long-life potential for the critical minerals asset. The study outlines a 24-year mine life, post-tax NPV of ...
Globe Metals & Mining Halts Trading Pending Bankable Feasibility Study Results
Mar 31, 2026
Globe Metals Mining Limited has requested a trading halt in its ordinary shares on the ASX, effective from the start of trading on 31 March 2026, as it prepares to release the results of its Bankable Feasibility Study. Trading in GBE securities w...
Globe Metals & Mining Nears Key Feasibility Milestone for Malawi Niobium Project
Mar 15, 2026
Globe Metals Mining has signalled it is nearing a key milestone for its flagship Kanyika Niobium Project, with an updated Bankable Feasibility Study in the final stages and targeted for release by the end of March 2026. The revised study, which r...
Globe Metals & Mining Releases Half-Year Financial Report for December 2025
Mar 13, 2026
Globe Metals Mining Limited has released its half-year financial report for the period ended 31 December 2025. The report package includes directors’ commentary, audited consolidated financial statements, cash flow information, and the audi...
Globe Metals & Mining Wipes Out Debt and Starts Construction at Kanyika Niobium Project
Jan 30, 2026
Globe Metals Mining has significantly strengthened its financial position in the December 2025 quarter, raising A$8.67 million through a two‑tranche private placement to strategic investors and using the proceeds, alongside loan conversions...
Globe Metals & Mining Starts Construction at Kanyika Niobium Project in Malawi
Jan 28, 2026
Globe Metals Mining has commenced construction at its fully permitted Kanyika Niobium Project in Malawi, marking a shift from feasibility and permitting into active project execution, with early works beginning in January 2026 and first oxide pro...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.