GMX : Globex Mining Enterprises Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Globex Mining Enterprises Inc trades with the ticker GMX on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America. It has a mineral portfolio of approximately 220 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; precious metals, such as gold, silver, platinum, and palladium; 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, talc, and magnesite. The company was incorporated in 1949 and is headquartered in Toronto, Canada.
 

Looking to invest in Globex Mining Enterprises Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

GMX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $45.316MM

PE Ratio:

Price: 0.8 (Updated: 3/12/2024 0:47:16)



Globex Mining Enterprises Inc (GMX) vs Competitors in Other Industrial Metals & Mining

Lets see how GMX.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Globex Mining Enterprises Inc (GMX) vs Almonty Industries Inc (AII)
    • GMX has higher EPS (-0.03 vs -0.04). AII and GMX both have P/E’s under 0.
  • Globex Mining Enterprises Inc (GMX) vs Altius Minerals Corporation (ALS)
    • ALS has higher EPS (0.38 vs -0.03). ALS provides dividends, while GMX does not. GMX has a P/E under 0, indicating ALS (P/E 49.658) is in a better position.
  • Globex Mining Enterprises Inc (GMX) vs Aquila Resources Inc (AQA)
    • AQA has higher EPS (-0.024 vs -0.03). AQA provides dividends, while GMX does not. AQA and GMX both have P/E’s under 0.
  • Globex Mining Enterprises Inc (GMX) vs Ascendant Resources Inc (ASND)
    • ASND has higher EPS (0.08 vs -0.03). GMX has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
  • Globex Mining Enterprises Inc (GMX) vs Auryn Resources Inc (AUG)
    • GMX has higher EPS (-0.03 vs -0.185). AUG provides dividends, while GMX does not. AUG and GMX both have P/E’s under 0.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy GMX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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