Globex Mining Enterprises Stock Today
| GMX Stock | CAD 1.05 0.03 2.78% |
Performance10 of 100
| Odds Of DistressLess than 2
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Globex Mining is selling at 1.05 as of the 28th of November 2024; that is 2.78% down since the beginning of the trading day. The stock's open price was 1.08. Globex Mining has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Globex Mining Enterprises are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America. The company was founded in 1949 and is headquartered in Toronto, Canada. GLOBEX MINING operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange.. The company has 56.06 M outstanding shares of which 37.84 K shares are currently shorted by private and institutional investors with about 0.18 days to cover all short positions. More on Globex Mining Enterprises
Moving together with Globex Stock
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Moving against Globex Stock
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Globex Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Globex Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Globex Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Silver (View all Themes) | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Silver, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Globex Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Globex Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsGlobex Mining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Globex Mining's financial leverage. It provides some insight into what part of Globex Mining's total assets is financed by creditors.
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Globex Mining Enterprises (GMX) is traded on Toronto Exchange in Canada and employs 4 people. Globex Mining is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 60.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Globex Mining's market, we take the total number of its shares issued and multiply it by Globex Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Globex Mining Enterprises operates under Metals & Mining sector and is part of Materials industry. The entity has 56.06 M outstanding shares of which 37.84 K shares are currently shorted by private and institutional investors with about 0.18 days to cover all short positions.
Globex Mining Enterprises has accumulated about 3.28 M in cash with 2.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
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Ownership AllocationGlobex Mining Enterprises has a total of 56.06 Million outstanding shares. Globex Mining retains 13.21 (percent) of its outstanding shares held by insiders and 0.0 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Globex Mining Enterprises Risk Profiles
Although Globex Mining's alpha and beta are two of the key measurements used to evaluate Globex Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.98 | |||
| Semi Deviation | 1.83 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.05 |
Globex Stock Against Markets
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Globex Mining Corporate Management
Elected by the shareholders, the Globex Mining's board of directors comprises two types of representatives: Globex Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Globex. The board's role is to monitor Globex Mining's management team and ensure that shareholders' interests are well served. Globex Mining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Globex Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew Newbury | Corporate Secretary | Profile | |
| AccDir BSc | CEO Pres | Profile | |
| ACIS BComm | Chief Officer | Profile | |
| Andrew CPA | Corporate Secretary | Profile |
Other Information on Investing in Globex Stock
Globex Mining financial ratios help investors to determine whether Globex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Globex with respect to the benefits of owning Globex Mining security.