Globex Mining Enterprises Stock Buy Hold or Sell Recommendation
| GMX Stock | CAD 1.11 0.04 3.74% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Globex Mining Enterprises is 'Strong Buy'. The recommendation algorithm takes into account all of Globex Mining's available fundamental, technical, and predictive indicators you will find on this site.
Check out Globex Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Globex and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Globex Mining Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Globex |
Execute Globex Mining Buy or Sell Advice
The Globex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Globex Mining Enterprises. Macroaxis does not own or have any residual interests in Globex Mining Enterprises or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Globex Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Globex Mining Trading Alerts and Improvement Suggestions
| Globex Mining may become a speculative penny stock | |
| Globex Mining is unlikely to experience financial distress in the next 2 years | |
| About 13.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Globex Mining Announces New Drilling by O3 Mining - TipRanks |
Globex Mining Returns Distribution Density
The distribution of Globex Mining's historical returns is an attempt to chart the uncertainty of Globex Mining's future price movements. The chart of the probability distribution of Globex Mining daily returns describes the distribution of returns around its average expected value. We use Globex Mining Enterprises price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Globex Mining returns is essential to provide solid investment advice for Globex Mining.
| Mean Return | 0.44 | Value At Risk | -2.91 | Potential Upside | 4.76 | Standard Deviation | 2.49 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Globex Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Globex Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (597.7K) | 1.9M | 7.4M | (6.8M) | 5.1M | 5.3M | |
| Free Cash Flow | (1.5M) | 536.4K | 7.1M | (3.2M) | 2.1M | 2.2M | |
| Capital Expenditures | 10.2K | 23.5K | 523.0K | 157.9K | 186.5K | 177.2K | |
| Net Income | (1.0M) | 6.0M | 23.7M | (4.1M) | 1.4M | 1.4M | |
| End Period Cash Flow | 2.9M | 4.8M | 12.1M | 1.5M | 6.6M | 6.9M | |
| Other Non Cash Items | (159.5K) | (5.4M) | (9.7M) | 1.3M | (1.5M) | (1.4M) | |
| Depreciation | 29.5K | 33.4K | 40.7K | 82.8K | 77.5K | 42.7K | |
| Investments | 102.6K | 1.2M | 468.6K | (3.8M) | (5.2M) | (4.9M) | |
| Change To Netincome | (135.7K) | (5.5M) | (9.7M) | 1.3M | 1.2M | 1.3M | |
| Net Borrowings | 10.4K | (101.3K) | 60K | (50K) | (57.5K) | (60.4K) |
Globex Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Globex Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Globex Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Globex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 2.44 | |
Ir | Information ratio | 0.12 |
Globex Mining Volatility Alert
Globex Mining Enterprises currently demonstrates below-average downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.33. Globex Mining Enterprises is a potential penny stock. Although Globex Mining may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Globex Mining Enterprises. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Globex instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Globex Mining Fundamentals Vs Peers
Comparing Globex Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Globex Mining's direct or indirect competition across all of the common fundamentals between Globex Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Globex Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Globex Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Globex Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Globex Mining to competition |
| Fundamentals | Globex Mining | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0286 | -0.14 |
| Profit Margin | 1.03 % | (1.27) % |
| Operating Margin | (2.92) % | (5.51) % |
| Current Valuation | 33.82 M | 16.62 B |
| Shares Outstanding | 56.06 M | 571.82 M |
| Shares Owned By Insiders | 13.21 % | 10.09 % |
| Number Of Shares Shorted | 37.84 K | 4.71 M |
| Price To Earning | 43.57 X | 28.72 X |
| Price To Book | 1.88 X | 9.51 X |
| Price To Sales | 13.97 X | 11.42 X |
| Revenue | 4.13 M | 9.43 B |
| Gross Profit | 35.27 M | 27.38 B |
| EBITDA | 1.39 M | 3.9 B |
| Net Income | 1.37 M | 570.98 M |
| Cash And Equivalents | 3.28 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 171.4 K | 5.32 B |
| Debt To Equity | 1.10 % | 48.70 % |
| Current Ratio | 12.63 X | 2.16 X |
| Book Value Per Share | 0.58 X | 1.93 K |
| Cash Flow From Operations | 2.27 M | 971.22 M |
| Short Ratio | 0.18 X | 4.00 X |
| Earnings Per Share | 0.08 X | 3.12 X |
| Beta | 1.2 | -0.15 |
| Market Capitalization | 62.23 M | 19.03 B |
| Total Asset | 32.42 M | 29.47 B |
| Retained Earnings | (29.06 M) | 9.33 B |
| Working Capital | 24.54 M | 1.48 B |
| Net Asset | 32.42 M |
Globex Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Globex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Globex Mining Buy or Sell Advice
When is the right time to buy or sell Globex Mining Enterprises? Buying financial instruments such as Globex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.