Globex Mining Enterprises Stock Analysis

Globex Stock Analysis Notes

About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. Globex Mining Enterprises had not issued any dividends in recent years. 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. To learn more about Globex Mining Enterprises call AccDir BSc at 819 797 5242 or check out https://www.globexmining.com.

Globex Mining Enterprises Investment Alerts

Globex Mining Thematic Classifications

Globex Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 59.98 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 Profitablity

The company has Profit Margin (PM) of 1.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (2.92) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.92.

Management Efficiency

Globex Mining Enterprises has return on total asset (ROA) of 0.0286 % which means that it generated a profit of $0.0286 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1499 %, meaning that it generated $0.1499 on every $100 dollars invested by stockholders. Globex Mining's management efficiency ratios could be used to measure how well Globex Mining manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Globex Mining's Asset Turnover is very stable compared to the past year.

Technical Drivers

As of the 29th of November, Globex Mining retains the Downside Deviation of 2.17, risk adjusted performance of 0.1194, and Market Risk Adjusted Performance of 0.4955. Globex Mining technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Globex Mining Enterprises Price Movement Analysis

Globex Mining Outstanding Bonds

Globex Mining Predictive Daily Indicators

Globex Mining Forecast Models

Globex Mining's time-series forecasting models are one of many Globex Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Globex Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Globex Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Globex shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Globex Mining. By using and applying Globex Stock analysis, traders can create a robust methodology for identifying Globex entry and exit points for their positions.

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.