Globex Mining Enterprises Inc. (GMX) fair value: what the stock is really worth
As of Sep 28, 2026: fair value of Globex Mining Enterprises Inc. C$1.81, price C$2.27, upside -20.3%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range C$0.6000 – C$2.86 · fair‑value band C$1.36 – C$2.26 · the C$2.27 price screens above the C$1.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 27, 2026.
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Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America.
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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 271 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 dioxide, 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. Globex Mining Enterprises Inc. was incorporated in 1949 and is headquartered in Toronto, Canada.
Stock analysis
Globex Mining Enterprises Inc. (GMX) currently trades at C$2.27, while our model-based Fair Value estimate is C$1.81, implying the stock looks roughly 25.4% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of C$4.58 per share, and 5 of the 10 models we run sit above the C$2.27 price.
Bear case: the Asset-Based group reads lowest at C$0.4700, and 5 of the 10 models stay below the price. Evidence for this calculation is medium.
Scenario range: C$1.36 (bear) to C$2.26 (bull), the price of C$2.27 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Globex Mining Enterprises Inc. reported revenue of C$1.5M in FY2025 versus C$35.3M in FY2021, a compound −55.0%/yr. Reported net income was C$6.1M in FY2025, compounding −28.9%/yr from FY2021.
Key figures
Market cap C$129M (≈ $91.3M) · P/E ratio 17.5 · P/S ratio 73.0 · EPS (TTM) C$0.1300 · Net margin 496% · Return on equity 19.1% · Return on assets (EBIT) 13.3% · Operating margin −141%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 21% below its 52-week high and 52% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −11% fair-value upside, at −20%, GMX screens richer than that median.
Fair Value models
Bear C$1.36Fair Value C$1.81Bull C$2.26
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (C$0.0969 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.16/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−2.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−27.8%
Start year 2020 (pandemic). Over 10 years: +2.3% a year
Revenue growth 29 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.7%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
−17.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.2%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.61% → −252%
2025 sits 345% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
Compare Globex Mining Enterprises Inc. with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other Industrial Metals & Mining · 450 stocks
Beats the industry median on 3/9 measures
Overall it trails its industry peers.
Valuation
Quality Score46 · Above median
Fair Value upside−20.3% · Above median
Profitability
Return on equity (TTM)19.1% · Top 25%
Return on assets−5.9% · Below median
Operating margin (TTM)−141.2% · Bottom 25%
Growth and dividend
Revenue growth7.2% · Below median
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Globex Mining Enterprises Inc. Fair Value". https://www.fairvalue-calculator.com/stock/GMX
Frequently asked questions
Is Globex Mining Enterprises Inc. (GMX) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of C$1.81 versus a price of C$2.27, about −20% upside (overvalued).
What is the fair value of GMX?
Our model-based fair value for Globex Mining Enterprises Inc. is C$1.81 (as of Sep 27, 2026), built from audited fundamentals. The current price: C$2.27.
What is the quality score of GMX?
Globex Mining Enterprises Inc. has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Globex Mining Enterprises Inc. (GMX)?
Our model-based price target is the fair value of C$1.81 (as of Sep 27, 2026) from 10 valuation models. Cautious scenario C$1.36, optimistic scenario C$2.26. It is a calculation from audited fundamentals, not an analyst target.
What is the Globex Mining Enterprises Inc. stock forecast for 2026?
Our models put fair value at C$1.81, about −20% upside versus a price of C$2.27 (overvalued). Cautious scenario C$1.36, optimistic scenario C$2.26. The calculation is refreshed regularly with new filings.
What is the revenue of Globex Mining Enterprises Inc. (GMX)?
Globex Mining Enterprises Inc. reported trailing-twelve-month revenue of about C$1.5M (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of Globex Mining Enterprises Inc. (GMX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Globex Mining Enterprises Inc. it is C$1.81 per share (as of Sep 27, 2026), against a price of C$2.27. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is Globex Mining Enterprises Inc. stock overvalued or undervalued in 2026?
As of Sep 27, 2026, GMX trades above its calculated fair value: price C$2.27, fair value C$1.81, a gap of about −20% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GMX?
No. The price is what the market pays today (C$2.27); the fair value is what the company's own numbers justify (C$1.81). For Globex Mining Enterprises Inc. the two are C$0.4600 per share apart. That gap is exactly why we show both numbers side by side.
How much is Globex Mining Enterprises Inc. worth?
The market values Globex Mining Enterprises Inc. at about C$129M (market capitalisation, as of Sep 27, 2026). Per share that is C$2.27; our models calculate a fair value of C$1.81 per share.
What do the bullish and bearish scenarios say about GMX?
Our models span a range for Globex Mining Enterprises Inc.: cautious scenario C$1.36, base C$1.81, optimistic C$2.26 per share (as of Sep 27, 2026, price C$2.27). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GMX?
Globex Mining Enterprises Inc. trades at a price-to-earnings ratio of 17.5 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$1.81 is built from several models across several years. Other multiples: P/B 2.3, P/S 61.3.
How solid is the balance sheet of Globex Mining Enterprises Inc. (GMX)?
Balance-sheet figures for Globex Mining Enterprises Inc. (as of Sep 27, 2026): return on equity 19.1%. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is GMX from its 52-week high?
Globex Mining Enterprises Inc. trades at C$2.27, about 21% below its 52-week high of C$2.86 and 52% above the low of C$1.49 (as of Sep 28, 2026). Distance from the high says nothing about value: that is what the fair value of C$1.81 is for.
Which stocks are comparable to Globex Mining Enterprises Inc.?
From the same area (Basic Materials) we also value Saudi Arabian Mining Company, Vale S.A, CMOC Group, Hindustan Zinc Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Globex Mining Enterprises Inc. stock attractive at the current price?
The data as of Sep 27, 2026: price C$2.27, calculated fair value C$1.81 (−20%), Quality Score 46/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GMX calculated?
We run Globex Mining Enterprises Inc. through 10 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of C$1.81, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.9 % above its aggregate fair value. Globex Mining Enterprises Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Globex Mining Enterprises Inc. (GMX)?
The closing price on Sep 28, 2026 was C$2.27. Our model-based fair value is C$1.81, about −20% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Globex Mining Enterprises Inc. right now?
Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder. The price sits above our optimistic bull case: the favourable scenario is already priced in. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Globex Mining Enterprises Inc.
How large is the market capitalisation of Globex Mining Enterprises Inc. (GMX)?
The market capitalisation of Globex Mining Enterprises Inc. is C$129M (≈ $91.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Globex Mining Enterprises Inc. (GMX)?
The price-to-sales ratio of Globex Mining Enterprises Inc. is 73.0 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Globex Mining Enterprises Inc. (GMX)?
Earnings per share at Globex Mining Enterprises Inc. are C$0.1300 (price ÷ EPS = P/E 17.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Globex Mining Enterprises Inc. (GMX)?
The net margin of Globex Mining Enterprises Inc. is 496% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Globex Mining Enterprises Inc. (GMX)?
The return on equity (ROE) of Globex Mining Enterprises Inc. is 19.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Globex Mining Enterprises Inc. (GMX)?
On an EBIT basis the return on assets of Globex Mining Enterprises Inc. is 13.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Globex Mining Enterprises Inc. (GMX)?
The operating margin of Globex Mining Enterprises Inc. is −141% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Globex Mining Enterprises Inc. (GMX)?
Revenue at Globex Mining Enterprises Inc. is growing +7.2% versus a year earlier (3y avg −10.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Globex Mining Enterprises Inc. (GMX)?
Earnings per share at Globex Mining Enterprises Inc. are growing +285% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Globex Mining Enterprises Inc. (GMX) generate?
The free cash flow of Globex Mining Enterprises Inc. is −C$1.4M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Globex Mining Enterprises Inc. (GMX) hold?
Globex Mining Enterprises Inc. holds more cash than debt, C$1.4M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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