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Globe Metals & Mining Limited (GBE) AI Stock Analysis
Globe Metals & Mining Limited
(ASX:GBE)
The score is held down by a pre-revenue financial profile: essentially no sales, roughly A$3m of annual losses, and A$2.64m of negative operating cash flow that leaves the company fully reliant on dilutive equity raises. Technicals reinforce the caution, with the share price trading below its 20-, 50-, 100- and 200-day moving averages alongside a negative MACD. Valuation adds no support given the negative P/E and absence of any dividend. The principal offset is a conservative, debt-free balance sheet with A$38.7m of equity providing a funding runway, together with improved cost discipline that narrowed the latest loss and sharply reduced capital spending. This remains a speculative, project-execution-dependent holding rather than one supported by current financial performance.
Globe Metals & Mining Limited (GBE) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 51.89M
- Dividend Yield
- ―
- Average Volume (3M)
- 282.09K
- Price to Earnings (P/E)
- -15.0
- Beta (1Y)
- 0.35
- Revenue Growth
- ―
- EPS Growth
- 25.00%
- Country
- Australia
- Employees
- 4
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Globe Metals & Mining Limited Business Overview & Revenue Model
Company Description
Globe Metals & Mining Limited operates within the resource sector, engaging in exploration, development, and investment across Australia and Africa. The company's primary exploration efforts are directed towards identifying niobium and tantalum depos...
Globe Metals & Mining Limited Financial Statement Overview
Summary
Globe Metals & Mining is a pre-revenue exploration company with effectively no sales, recurring annual losses near A$3m, and negative operating cash flow of A$2.64m. The income statement (9) and cash flow (12) scores are very weak, as the business is entirely dependent on equity markets to fund its A$2.5m–A$3m yearly burn. The balance sheet (73) provides meaningful offset: A$38.7m of shareholders' equity against A$39.2m of assets, a return to zero debt after clearing A$4.9m of borrowings, and improved cost control that narrowed the loss ~12%. However, equity growth has come from dilutive capital raises rather than retained earnings, and returns on equity remain negative at -7.6%.
Income Statement
9Very NegativeBalance Sheet
73PositiveCash Flow
12Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 11.00K | 0 | 0 | 0 |
| Gross Profit | -6,000 | -6,000 | 11.00K | -21.00K | -22.00K | -60.00K |
| EBITDA | -1.59M | -1.59M | -2.92M | -2.69M | -2.59M | -2.47M |
| Net Income | -2.93M | -2.93M | -3.35M | -3.43M | -2.66M | -2.75M |
Balance Sheet | ||||||
| Total Assets | 39.20M | 39.20M | 35.01M | 33.02M | 30.89M | 30.86M |
| Cash, Cash Equivalents and Short-Term Investments | 2.78M | 2.78M | 496.00K | 1.15M | 244.00K | 431.00K |
| Total Debt | 0 | 0 | 4.91M | 0 | 825.00K | 1.05M |
| Total Liabilities | 516.00K | 516.00K | 5.42M | 275.00K | 967.00K | 1.36M |
| Stockholders Equity | 38.69M | 38.69M | 29.59M | 32.74M | 29.92M | 29.50M |
Cash Flow | ||||||
| Free Cash Flow | -2.67M | -2.67M | -2.39M | -4.09M | -2.77M | -3.79M |
| Operating Cash Flow | -2.64M | -2.64M | -2.39M | -2.83M | -2.02M | -2.32M |
| Investing Cash Flow | -1.84M | -1.84M | -2.75M | -1.26M | -428.00K | -1.02M |
| Financing Cash Flow | 6.77M | 6.77M | 4.49M | 5.00M | 2.26M | 1.02M |
Globe Metals & Mining Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GBE, the sentiment is Neutral. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 48.72 is Neutral, neither overbought nor oversold. The STOCH value of 80.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:GBE.
Globe Metals & Mining Limited Peers Comparison
Overall Rating
AU:LCY66Neutral
AU:AVL46Neutral
AU:RVT46Neutral
AU:VRC45Neutral- AU:GBE40Underperform
AU:HAS40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:LCY | 66Neutral | AUD 49.59M | -70.18 | -2.00% | ― | 104.42% | ― |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:AVL | 46Neutral | AUD 64.89M | -6.58 | -7.34% | ― | -100.00% | 22.03% |
| AU:RVT | 46Neutral | AUD 18.29M | -7.16 | -6.44% | ― | ― | -36.47% |
| AU:VRC | 45Neutral | AUD 21.84M | -13.33 | -11.53% | ― | ― | -783.33% |
| AU:GBE | 40Underperform | AUD 51.89M | -15.00 | -7.44% | ― | ― | 25.00% |
| AU:HAS | 40Underperform | AUD 46.86M | -9.47 | -5.52% | ― | ― | 98.14% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:GBE | Globe Metals & Mining Limited | 0.05 | 0.00 | 8.00% | |
| AU:AVL | Australian Vanadium Limited | 0.17 | -0.13 | -41.67% | |
| AU:LCY | Legacy Iron Ore Ltd | ― | ― | ― | |
| AU:HAS | Hastings Technology Metals Limited | 0.20 | -0.36 | -63.84% | |
| AU:VRC | Volt Resources Ltd | 0.01 | 0.00 | 0.00% | |
| AU:RVT | Richmond Vanadium Technology Pty Ltd. | 0.08 | 0.02 | 23.88% |
Globe Metals & Mining Limited Corporate Events
Globe Metals & Mining Calls 2026 Annual General Meeting
Globe Metals & Mining Limited has issued a notice of its upcoming Annual General Meeting, scheduled for Friday, 27 November 2026 at 2:00 pm (AWST) in Perth, Western Australia. The company has provided shareholders with an explanatory memorandum a...
Globe Metals & Mining Advances Kanyika Project and Starts Early Mining
Globe Metals & Mining reported strong progress at its Kanyika Niobium and Tantalum Project during the September quarter, completing access road upgrades, mine area preparation and site infrastructure improvements. The company also finalised Phase...
Globe Metals & Mining Starts Early Mining at Malawi Niobium Project
Globe Metals & Mining has begun early mining activities at its Kanyika Niobium Project in Malawi, initiating a programme of progressively developed pits across the main orebody. The work is designed to extract mineralised material in batches, gui...
Globe Metals & Mining sets 2026 AGM date as it advances Kanyika niobium project
Globe Metals & Mining has scheduled its Annual General Meeting for 27 November 2026, with one of the key agenda items being the re-election of directors. The company has set 15 October 2026 as the deadline for written nominations from candidates...
Globe Metals & Mining Secures Clear Regulatory Path for Kanyika Niobium Mine Development
Globe Metals & Mining has secured a six-month regulatory pathway from Malawi’s Mining and Minerals Regulatory Authority to progress the Kanyika Niobium Project from site preparation into permanent substantial mine development. The guidance...
Globe Metals & Mining Clears Key Resettlement Milestone at Malawi Niobium Project
Globe Metals & Mining has completed compensation disbursements for 203 households affected by Phase 1 of the community resettlement program at its Kanyika Niobium Project in Malawi. The company says payments were made directly into bank accounts...
Globe Metals & Mining lodges updated ASX-aligned governance statement
Globe Metals & Mining has lodged its updated corporate governance statement for the financial year ended 30 June 2026, confirming that the document is available on its website and has been approved by the board as at 23 September 2026. Through it...
Globe Metals & Mining Clears Long-Running Legal Hurdle at Kanyika Project
Globe Metals & Mining has secured a major legal milestone for its Kanyika Project in Malawi, with long-running court proceedings brought by 243 members of the Kanyika community formally withdrawn and discontinued. The case, which centred on alleg...
Globe Metals & Mining Advances On-Site Development at Malawi Niobium Project
Globe Metals & Mining has moved into on-site development at its Kanyika Niobium Project in Malawi, signalling a transition from study phase to tangible mine preparation. Heavy machinery is now operating on the property, concentrating on road upgr...
Globe Metals & Mining in Talks on Potential US$80m Sale of Kanyika Niobium Project Vehicle
Globe Metals & Mining has confirmed it is in early-stage talks with multiple parties over potential joint venture, strategic, offtake, investment, funding and project development options for its Kanyika Niobium Project. Central to these talks are...
Globe Metals & Mining Flags Early-Stage Talks on Kanyika Project and Confirms ASX Compliance
Globe Metals & Mining has advised the ASX that equipment is being mobilised for initial site works at the Kanyika Project, alongside the relocation and compensation of affected households, with these processes still incomplete. The company is in...
Globe Metals & Mining Shares Halted Pending Price Query Announcement
Globe Metals & Mining Limited has requested and received a trading halt on its ASX-listed securities, effective 18 August 2026, in response to a price query from the exchange. The halt will remain in place until the earlier of a company announcem...
Globe Metals & Mining Seeks ASX Quotation for 13.9m New Shares
Globe Metals & Mining Limited has applied for quotation of 13,854,478 additional ordinary fully paid shares on the ASX, with an issue date of 11 August 2026. The new securities arising from the exercise of options or conversion of other instrumen...
Globe Metals & Mining boosted by fresh option exercise from Hong Kong clean energy partner
Globe Metals & Mining has received additional funding after Hong Kong Green Energy Industrial Co., Ltd exercised a further 13,854,478 options, delivering proceeds of A$955,959, following an earlier exercise of 9,249,497 options for A$638,215. The...
Globe Metals & Mining Secures US$600,000 Working Capital Facility From Director
Globe Metals & Mining Limited, the ASX-listed mining and exploration company based in West Perth, has secured an unsecured standby working capital facility with Director Bo Tan, underscoring its need for flexible short-term funding. The facility...
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.
Date of analysis: Sep 24, 2026