Globex Mining Ent J (TSE:GMX)
TSX:GMX
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Globex Mining Ent
(TSX:GMX)
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Rating:51Neutral
Price Target:
C$2.00
▲(16.28% Upside)
Action:Reiterated
Date:05/17/26
The score is primarily held back by weak cash flow and lower-quality earnings (negative operating and free cash flow alongside negative operating profit). The key offset is a very conservative balance sheet with zero debt, while technicals are modestly bearish and valuation appears roughly middle-of-the-road based on the provided P/E.
Positive Factors
Conservative balance sheet
Zero debt materially lowers financial risk and preserves flexibility to withstand cyclical downturns common in industrial materials. A debt-free capital structure reduces obligatory cash outflows, supports access to capital at better terms if needed, and gives management runway to pursue strategic options over the next several months.
Negative Factors
Weak cash generation
Negative operating and free cash flow undermine the firm’s ability to self-fund operations, capex, or distributions. Over 2–6 months this raises risk of liquidity strain or need for external financing; cash deficits also make sustaining investments or responding to market opportunities more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Zero debt materially lowers financial risk and preserves flexibility to withstand cyclical downturns common in industrial materials. A debt-free capital structure reduces obligatory cash outflows, supports access to capital at better terms if needed, and gives management runway to pursue strategic options over the next several months.
Read all positive factors
Globex Mining Ent (GMX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$107.12M
Dividend YieldN/A
Average Volume (3M)60.91K
Price to Earnings (P/E)14.4
Beta (1Y)1.31
Revenue Growth-5.82%
EPS Growth240.16%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.13
Shares Outstanding56,977,837
10 Day Avg. Volume105,115
30 Day Avg. Volume60,908
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)2.37
Price to Sales (P/S)65.80
P/FCF Ratio-66.24
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
Globex Mining Ent Business Overview & Revenue Model
Company Description
Globex Mining Enterprises Inc. is a North American-focused company specializing in the acquisition, exploration, and advancement of mineral properties. Its substantial portfolio comprises approximately 204 early to mid-stage assets, including expl...
Globex Mining Ent Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
78
Positive
Cash Flow
33
Negative
| Breakdown | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.45M | 1.48M | 4.13M | 2.00M | 35.27M |
| Gross Profit | 1.38M | 1.39M | 4.05M | 1.92M | 35.23M |
| EBITDA | -3.59M | -1.90M | 1.39M | -2.21M | 31.60M |
| Net Income | 6.06M | 1.32M | 1.37M | -4.13M | 23.71M |
Balance Sheet | |||||
| Total Assets | 40.44M | 34.52M | 32.42M | 31.25M | 37.51M |
| Cash, Cash Equivalents and Short-Term Investments | 37.02M | 28.95M | 24.63M | 21.62M | 26.71M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 224.42K | 848.51K | 171.40K | 209.83K | 2.61M |
| Stockholders Equity | 40.22M | 33.67M | 32.25M | 31.05M | 34.90M |
Cash Flow | |||||
| Free Cash Flow | -1.44M | 2.47M | 2.08M | -3.19M | 7.06M |
| Operating Cash Flow | -1.24M | 2.49M | 2.27M | -3.04M | 7.59M |
| Investing Cash Flow | -369.52K | -101.92K | 3.25M | -3.84M | -126.42K |
| Financing Cash Flow | 188.36K | 92.66K | -422.69K | 40.65K | -104.59K |
Globex Mining Ent Technical Analysis
Negative
1.72
Price Trends
2.25
Negative
2.39
Negative
2.04
Negative
Market Momentum
-0.09
Positive
31.07
Neutral
14.17
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GMX, the sentiment is Negative. The current price of 1.72 is below the 20-day moving average (MA) of 2.10, below the 50-day MA of 2.25, and below the 200-day MA of 2.04, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 31.07 is Neutral, neither overbought nor oversold. The STOCH value of 14.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GMX.
Globex Mining Ent 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% | |
55 Neutral | C$128.91M | -3.35 | -331.25% | ― | ― | 67.22% | |
51 Neutral | C$107.12M | 14.37 | 18.96% | ― | -5.82% | 240.16% | |
49 Neutral | C$66.77M | -12.43 | -10.54% | ― | ― | -5.06% | |
43 Neutral | C$120.60M | -17.49 | -6.82% | ― | ― | -44.87% | |
43 Neutral | C$284.98M | -13.79 | 1431.31% | ― | ― | -34.25% | |
42 Neutral | C$84.63M | -41.70 | -7.39% | ― | ― | -124.49% |
* Basic Materials Sector Average
TSE:GMX
Globex Mining Ent
1.88
0.48
34.29%
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Globex Mining Ent Corporate Events
Business Operations and Strategy
Globex Highlights Exploration and Permitting Advances at Bald Hill Antimony Project
Positive
Apr 9, 2026
Globex Mining reported that Antimony Resources has made significant exploration progress on the Bald Hill antimony property in New Brunswick, including exposing massive stibnite mineralization in the newly discovered Marcus Zone, which appears sim...
Business Operations and Strategy
Globex Highlights Q2 Feasibility Milestone on Mont Sorcier Iron Royalty
Positive
Apr 8, 2026
Globex Mining Enterprises says a feasibility study on its 1% gross metal royalty Mont Sorcier iron project, operated by Cerrado Gold’s subsidiary Voyager Metals in Quebec, is expected in the second quarter of 2026. Voyager completed 17,890 m...
Business Operations and Strategy
Globex Royalty Set to Benefit as Drilling Resumes at Berrigan Zinc‑Gold‑Silver Project
Positive
Apr 1, 2026
Globex Mining said drilling has resumed on the Berrigan zinc, gold and silver property northwest of Chibougamau, Quebec, where it holds a 2% gross metal royalty on a land package optioned to TomaGold. TomaGold has launched a program to extend five...
Business Operations and Strategy
Globex Partner Confirms High-Value Heavy Rare Earths at Arizona Project
Positive
Mar 19, 2026
Globex Mining reported that its option partner Lodestar Minerals has confirmed significant heavy rare earth mineralization at the Virgin Mountain property in Arizona, with assays from chip samples returning total rare earth oxide grades of up to 3...
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.