Globex Mining Ent J (TSE:GMX)
TSX:GMX
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Globex Mining Ent
(TSX:GMX)
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Rating:56Neutral
Price Target:
C$2.50
▲(45.35% Upside)
Action:ReiteratedDate:04/07/26
The score is driven primarily by mixed financial performance: a strong, low-risk balance sheet is offset by weak core profitability and negative TTM operating/free cash flow, raising concerns about earnings quality. Technical indicators are broadly neutral-to-soft in the near term, while valuation is supportive due to a low P/E.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers financial risk and preserves flexibility. Over the medium term this supports resilience through commodity and cyclical industry swings, enables self-funded investment or opportunistic M&A, and reduces refinancing pressure.
Negative Factors
Weak operating profitability
Negative EBIT/EBITDA margins indicate the core operations do not currently produce sustainable profits. Over months this limits internal reinvestment, impairs margin recovery prospects, and means any earnings are unlikely to be durable without operational turnaround.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers financial risk and preserves flexibility. Over the medium term this supports resilience through commodity and cyclical industry swings, enables self-funded investment or opportunistic M&A, and reduces refinancing pressure.
Read all positive factors
Globex Mining Ent (GMX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$140.48M
Dividend YieldN/A
Average Volume (3M)60.91K
Price to Earnings (P/E)15.7
Beta (1Y)1.36
Revenue Growth-73.34%
EPS Growth16.21%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.02
Shares Outstanding56,417,435
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. engages in the acquisition, exploration, and development of mineral properties in North America. It has a mineral portfolio of approximately 204 early to mid-stage exploration, development, and royalty properties con...
Globex Mining Ent Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
82
Very Positive
Cash Flow
40
Negative
| Breakdown | Dec 2025 | 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
Positive
1.72
Price Trends
2.52
Negative
2.21
Positive
1.85
Positive
Market Momentum
-0.01
Negative
51.22
Neutral
74.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GMX, the sentiment is Positive. The current price of 1.72 is below the 20-day moving average (MA) of 2.49, below the 50-day MA of 2.52, and below the 200-day MA of 1.85, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 51.22 is Neutral, neither overbought nor oversold. The STOCH value of 74.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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% | |
56 Neutral | C$140.48M | 15.74 | 15.34% | ― | -73.34% | 16.21% | |
55 Neutral | C$149.26M | -5.90 | -331.25% | ― | ― | -97.52% | |
55 Neutral | C$329.14M | -3.10 | 1431.31% | ― | ― | 74.10% | |
49 Neutral | C$82.48M | -12.86 | -10.54% | ― | ― | -42.86% | |
44 Neutral | C$123.86M | -28.84 | -3.65% | ― | ― | 29.51% | |
43 Neutral | C$86.79M | -211.93 | -7.39% | ― | ― | -127.89% |
* Basic Materials Sector Average
TSE:GMX
Globex Mining Ent
2.49
1.24
99.20%
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Globex Mining Ent Corporate Events
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...
Business Operations and StrategyM&A Transactions
Globex Options Quebec Gold-Copper Assets to Edison Lithium, Retains Royalty Stake
Positive
Mar 2, 2026
Globex Mining Enterprises has optioned its Joutel North-West and Gagne gold and copper properties in Quebec to Edison Lithium in a deal worth $750,000 in cash, $750,000 in Edison shares and $2 million in exploration spending over three years. Upon...
Business Operations and Strategy
Globex Highlights Advancing Work at Parbec Gold Royalty Property in Quebec
Positive
Feb 27, 2026
Globex Mining reported that Renforth Resources is advancing work on the Parbec gold property in Quebec, where Globex holds a 3% gross metal royalty on all production. The Parbec deposit, situated along the Cadillac Break about six kilometres from ...
Business Operations and Strategy
Globex Highlights Early Drilling Gains at Duquesne West Gold Project
Positive
Feb 25, 2026
Globex Mining Enterprises reported early drilling results from Emperor Metals’ 2025–2026 exploration campaign at the Duquesne West gold project, where Emperor is in the third year of a five-year option. Initial holes DQ25-01 and DQ25-0...
Business Operations and Strategy
Globex Royalty Claims Gain on High‑Grade Gold Hits at East Nordeau
Positive
Feb 23, 2026
Globex Mining reported that partner Cartier Resources has intersected high‑grade near‑surface gold in the newly defined East Nordeau Zone on the Cadillac property in Quebec, where Globex holds a 3% gross metal royalty. The East Nordeau...
Business Operations and Strategy
Globex Option Partner Discovers New Antimony Zone at Bald Hill
Positive
Feb 12, 2026
Globex Mining reported that its option partner Antimony Resources Corp. has discovered a new zone of massive stibnite, an antimony-bearing sulphide, on the Marcus (West) Zone of the Bald Hill property in New Brunswick. The zone, exposed over 25 me...
Business Operations and Strategy
Globex Stakes High-Grade Rare Earth Discovery at New Nevada Property
Positive
Feb 11, 2026
Globex Mining Enterprises has acquired by staking a contiguous block of unpatented lode mining claims in Lincoln County, southeastern Nevada, named the Gem Hills rare earths property, and immediately carried out prospecting and sampling on the sit...
Business Operations and Strategy
Globex Mining Gains on New High-Grade Gold Hits at Nordeau Royalty Property
Positive
Feb 4, 2026
Globex Mining Enterprises reported that partner Cartier Resources has intersected additional high-grade gold mineralization on Globex’s Nordeau royalty claims in Vauquelin Township, southeast of Val-d’Or, Quebec, where Globex holds a 3...
Business Operations and Strategy
Globex Gains From High-Grade Gold Expansion at Nordeau Royalty Claims
Positive
Feb 4, 2026
Globex Mining Enterprises reported additional high-grade gold drilling results from the Nordeau Royalty claims in Vauquelin Township, Quebec, where Cartier Resources is actively expanding the North Contact Zone (NCZ) on the Cadillac Property. New ...
Business Operations and Strategy
Globex Royalty Property Yields Major New Zinc-Gold-Silver Zone at Berrigan
Positive
Jan 30, 2026
Globex Mining Enterprises has highlighted strong drill results reported by TomaGold Corporation from the Berrigan Property near Chibougamau, Quebec, where Globex holds a 2% gross metal royalty. TomaGold’s drilling, particularly hole TOM-25-0...
Business Operations and Strategy
Globex Mining Highlights High-Grade Gold and Antimony Drill Results From New Brunswick Partners
Positive
Jan 29, 2026
Globex Mining Enterprises reported encouraging drill results from two New Brunswick properties currently under option to partner companies, signaling advancing exploration on both gold and antimony assets. At the Devils Pike Property, Albright Met...
Business Operations and StrategyFinancial Disclosures
Globex Strengthens Treasury as Partners Renew Key Gold and Antimony Options
Positive
Jan 22, 2026
Globex Mining Enterprises reported that Emperor Metals Inc. has renewed its option on the Duquesne West gold property in Quebec, paying Duparquet Assets Ltd. (50% owned by Globex) C$1 million in cash and over 3.26 million shares, as Emperor advanc...
Business Operations and Strategy
Globex Posts Strong Final Drill Results at Rouyn-Merger Gold Property
Positive
Jan 14, 2026
Globex Mining Enterprises reported final assay results from a six-hole, 1,095-metre drill program at the East O’Neil gold occurrence on its 100%-owned Rouyn-Merger property in Quebec, adjacent to the Cadillac Break. The campaign delivered se...
Business Operations and Strategy
Globex Royalty Gains Lift from Major New Lithium Resource at Mirage Project
Positive
Jan 12, 2026
Globex Mining Enterprises has reported that Brunswick Exploration has outlined a maiden inferred mineral resource of 52.2 million tonnes grading 1.08% Li2O on Globex’s Lac Escale royalty ground within the Mirage lithium project in QuebecR...
Business Operations and Strategy
Globex Reports Strong Final 2025 Drill Results at Bald Hill Antimony Project
Positive
Jan 9, 2026
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 dr...
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.