Free Trial
TSE:GMX

Globex Mining Enterprises (GMX) Stock Price, News & Analysis

Globex Mining Enterprises logo
C$1.15 +0.01 (+0.88%)
(As of 12/20/2024 05:17 PM ET)

About Globex Mining Enterprises Stock (TSE:GMX)

Key Stats

Today's Range
C$1.12
C$1.16
50-Day Range
C$1.00
C$1.17
52-Week Range
C$0.77
C$1.18
Volume
16,210 shs
Average Volume
30,603 shs
Market Capitalization
C$64.47 million
P/E Ratio
28.75
Dividend Yield
3.72%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America. The company has a mineral portfolio of approximately 232 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; and precious metals, such as gold, silver, platinum, and palladium. It also explores for specialty metals and minerals comprising manganese, vanadium, titanium oxide, iron, molybdenum, lithium, cobalt, scandium, and antimony, as well as rare earths and associated elements; and industrial minerals consisting of mica, silica, potassic feldspar, pyrophyllite, kaolin, dolomite, talc, and magnesite. The company was incorporated in 1949 and is headquartered in Toronto, Canada.

Receive GMX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Globex Mining Enterprises and its competitors with MarketBeat's FREE daily newsletter.

GMX Stock News Headlines

Globex Again Intersects High-Grade Gold at Ironwood
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
More High-grade Gold Results from Globex’s Ironwood Project
Bankable Feasibility Study in The Cards for Mont Sorcier Iron Deposit
Globex Reports First Four Infill Ironwood Drill Holes
Renforth Advancing Globex’s Parbec Gold Royalty Property
See More Headlines

GMX Stock Analysis - Frequently Asked Questions

Globex Mining Enterprises' stock was trading at C$0.93 at the start of the year. Since then, GMX shares have increased by 23.7% and is now trading at C$1.15.
View the best growth stocks for 2024 here
.

Shares of GMX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Globex Mining Enterprises investors own include Alliance Resource Partners (ARLP), ARC Resources (ARX), ATS Automation Tooling Systems (ATA), Fission Uranium (FCU), Merck & Co., Inc. (MRK), Kraken Robotics (PNG) and AutoCanada (ACQ).

Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
C$2.61 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.79 million
Cash Flow
C$0.63 per share
Book Value
C$0.60 per share

Miscellaneous

Free Float
N/A
Market Cap
C$64.47 million
Optionable
Not Optionable
Beta
1.20
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

This page (TSE:GMX) was last updated on 12/22/2024 by MarketBeat.com Staff
From Our Partners