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Globex Mining Enterprises (GMX) Stock Price & Analysis

GMX Stock Chart & Stats

CA$2.00-CA$0.10(-4.76%)
At close: 4:00 PM EDT
CAD 1.8CAD 2CAD 2.24 Aug17 Aug31 Aug14 Sep28 Sep13 Oct26 Oct
Day’s Range
CAD 1.98 - CAD 2.11
52-Week Range
CAD 1.63 - CAD 2.90
Previous Close
CAD 2.10
Volume
27.07K
Average Volume (3M)
21.08K
Market Cap
CAD 113.88M
Enterprise Value
CAD 74.83M
Total Cash (Recent Filing)
CAD 38.15M
Total Debt (Recent Filing)
CAD 0
Price to Earnings (P/E)
13.2
Beta
1.29
Next Earnings
Nov 18, 2026 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Debt-free Balance Sheet

A debt-free balance sheet and positive equity base provide financial resilience by limiting interest obligations and refinancing exposure. This gives the company greater flexibility to withstand operating volatility, preserve capital, and pursue opportunities without depending heavily on external borrowing.

Revenue Rebound

The sharp TTM revenue rebound indicates renewed business activity and demonstrates that the company can expand its reported top line after a weaker period. If sustained, stronger revenue can improve operating leverage, support reinvestment, and provide a broader base for future earnings.

High Gross Profitability

An exceptionally high reported gross margin suggests that revenue carries substantial gross contribution before operating expenses. That creates potential earnings leverage if the company can control its cost structure, because incremental revenue could contribute meaningfully to profitability and cash generation.

Bears Say

Deep Operating Losses

Persistently negative operating profitability indicates that the core business is not currently covering its operating cost base, despite the strong gross margin. Unless expenses become better aligned with revenue, future growth may not translate into durable operating earnings or a stable profit profile.

Negative Cash Generation

Negative operating and free cash flow weaken the quality and self-funding capacity of the business. The reversal from positive prior-year cash generation means the company currently has less internally generated capital for investment and may be more exposed to working-capital movements or other funding needs.

Low-quality Reported Earnings

The large gap between strong net income and deeply negative operating profit suggests reported earnings are not being generated primarily by recurring core operations. If non-operating gains normalize, net income could weaken materially, making profitability less predictable over the next several quarters.

Globex Mining Enterprises News

GMX FAQ

What was Globex Mining Enterprises’s price range in the past 12 months?
Globex Mining Enterprises lowest stock price was C$1.63 and its highest was C$2.90 in the past 12 months.
What is Globex Mining Enterprises’s market cap?
Globex Mining Enterprises’s market cap is C$113.88M.
When is Globex Mining Enterprises’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Globex Mining Enterprises’s earnings last quarter?
Globex Mining Enterprises released its earnings results on Aug 13, 2026. The company reported C$0.011 earnings per share for the quarter.
Is Globex Mining Enterprises overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Globex Mining Enterprises pay dividends?
Globex Mining Enterprises does not currently pay dividends.
What is Globex Mining Enterprises’s EPS estimate?
Globex Mining Enterprises’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Globex Mining Enterprises have?
Globex Mining Enterprises has 56,941,936 shares outstanding.
What happened to Globex Mining Enterprises’s price movement after its last earnings report?
Globex Mining Enterprises reported an EPS of C$0.011 in its last earnings report. Following the earnings report the stock price went down -1.563%.
Which hedge fund is a major shareholder of Globex Mining Enterprises?
Currently, no hedge funds are holding shares in TSE:GMX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology