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Globe Metals & Mining Limited
(Frankfurt:GBE)
Globe Metals & Mining Limited (GBE) vs. iShares MSCI Australia ETF (EWA)
Globe Metals & Mining Limited Business Overview & Revenue Model
Globe Metals & Mining Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 199.00 | 0.00 | Gross Profit |
| -13.00K | -21.00K | -22.00K | -60.00K | -16.80K | -13.00K | EBIT |
| -2.55K | -2.61M | -1.75M | -2.16M | -1.45M | -1.44M | EBITDA |
| -2.58K | -2.69M | -2.59M | -2.47M | -1.36M | -1.44M | Net Income Common Stockholders |
| -3.32K | -3.43M | -2.66M | -2.75M | -1.38M | -1.45M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 289.00K | 1.15M | 244.00K | 431.00K | 2.82M | 5.18M | Total Assets |
| 33.41M | 33.02M | 30.89M | 30.86M | 32.68M | 33.98M | Total Debt |
| 1.56M | 0.00 | 825.00K | 1.05M | 46.00K | 0.00 | Net Debt |
| 1.27M | -1.15M | 581.00K | 616.00K | -2.77M | -5.18M | Total Liabilities |
| 2.15M | 275.00K | 967.00K | 1.36M | 404.00K | 312.00K | Stockholders Equity |
| 31.26M | 32.74M | 29.92M | 29.50M | 32.28M | 33.67M |
| Cash Flow | Free Cash Flow | ||||
| -2.21K | -4.09M | -2.77M | -3.79M | -2.29M | -2.15M | Operating Cash Flow |
| -2.64K | -2.83M | -2.02M | -2.32M | -1.23M | -1.36M | Investing Cash Flow |
| -1.92K | -1.26M | -428.00K | -1.02M | -1.06M | -794.00K | Financing Cash Flow |
| 1.49K | 5.00M | 2.26M | 1.02M | 2.29M | 2.15M |
Globe Metals & Mining Limited Technical Analysis
Globe Metals & Mining Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $439.02M | 23.77 | 5.86% | ― | 10.37% | -39.24% | |
66 Neutral | $1.59B | 6.85 | 10.39% | 2.16% | -9.35% | -32.77% | |
60 Neutral | $8.68B | 170.59 | 2.27% | ― | -20.07% | -74.91% | |
51 Neutral | $1.98B | -1.26 | -21.11% | 5.99% | 2.92% | -30.46% | |
47 Neutral | AU$101.55M | ― | -15.33% | ― | -52.53% | -27.29% | |
46 Neutral | $418.94M | ― | -33.33% | ― | ― | 65.19% | |
37 Underperform | AU$20.14M | ― | -10.14% | ― | ― | 18.64% |
Globe Metals & Mining Limited Corporate Events
Globe Metals & Mining Limited announced the issuance of 300,000 unquoted convertible notes as part of a previously announced transaction. This move reflects the company’s ongoing efforts to manage its financial resources and potentially expand its operational capabilities, which may have implications for its market positioning and stakeholder interests.
Globe Metals & Mining Limited has announced a proposed issue of 300,000 convertible notes as part of a new securities placement. This strategic move is aimed at raising capital to support the company’s growth initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
Globe Metals & Mining Limited has issued a convertible note to raise A$300,000 for short-term working capital needs. The note, issued to an overseas investor, carries a 20% annual coupon rate and offers conversion options into ordinary shares at a discounted price. This financial move is aimed at bolstering the company’s liquidity, potentially impacting its market position and offering flexibility in managing its financial obligations.
Globe Metals & Mining Limited announced significant progress in its Kanyika Niobium Project, with two non-binding MOUs signed for up to 100% of Phase 1 production of niobium and tantalum pentoxide. These agreements, with Myst Trading Pte Ltd and Neo Performance Materials Inc, position Globe to secure substantial offtake commitments, supporting the project’s economic feasibility and enhancing its market positioning.
Globe Metals & Mining Limited has announced an increase in the loan facility with Director Bo Tan, raising the limit from US$1.2 million to US$1.4 million, with the additional amount available for drawdown on June 1, 2025. Additionally, the repayment date for a separate A$2.3 million loan facility with Mr. Tan has been extended by three months to August 25, 2025. These changes reflect the strong support and commitment from Mr. Tan, which is appreciated by the company’s board, and are expected to positively impact the company’s financial flexibility and operational stability.
Globe Metals & Mining Limited has signed a non-binding Memorandum of Understanding with Neo Performance Materials Inc. for the offtake of 150 metric tonnes of Niobium Pentoxide from the Kanyika Project’s Phase 1 production. This agreement, along with other MOUs and letters of intent, covers up to 100% of the project’s Phase 1 output, supporting the company’s updated Bankable Feasibility Study and enhancing its commercial viability. The partnership with Neo is expected to strengthen Globe’s market position and provide a significant boost to its funding efforts.
Globe Metals & Mining Limited announced the cessation of 2,000,000 securities, which were options expiring at various dates with an exercise price of $0.13. This cessation was due to a cancellation agreement between the entity and the holder, effective March 27, 2025. This move might impact the company’s capital structure and could have implications for stakeholders regarding the company’s financial strategy.
Globe Metals & Mining Limited has issued a total of 9,500,000 unlisted performance rights to its CEO and CFO under its Employee Awards Plan. These performance rights are tied to specific milestones, including the signing of binding offtake agreements, completion of feasibility studies, and the commencement of mine development for the Kanyika Niobium Project. This strategic move aims to align executive incentives with the company’s growth objectives and project execution, potentially enhancing its market position and operational efficiency.
Globe Metals & Mining Limited has released its half-year financial report for the period ending December 31, 2024. The report provides insights into the company’s financial performance, including profit or loss, cash flows, and changes in equity. This announcement is crucial for stakeholders as it reflects the company’s operational efficiency and financial health, impacting its industry positioning and future strategies.
Globe Metals & Mining Limited has signed a non-binding memorandum of understanding with Myst Trading Pte Ltd for the purchase of 100% of the Kanyika Project’s annual tantalum pentoxide production and a right of first refusal for 25% of its niobium pentoxide production. This agreement marks a significant step in securing offtake agreements for the Kanyika Project’s Phase 1 production, enhancing Globe’s access to Asian markets and supporting the project’s funding and development. The MOU is expected to lead to a binding agreement by September 2025, aligning with the company’s strategic goals and market expansion plans.