Globex Mining Enterprises Stock Today
| GLBXF Stock | USD 0.76 0.01 1.33% |
Performance10 of 100
| Odds Of DistressLess than 36
|
Globex Mining is trading at 0.76 as of the 20th of April 2024. This is a 1.33 percent increase since the beginning of the trading day. The stock's lowest day price was 0.73. Globex Mining has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Globex Mining Enterprises are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America. Globex Mining Enterprises Inc. was incorporated in 1949 and is headquartered in Toronto, Canada. Globex Mining is traded on OTC Exchange in the United States.. The company has 55.67 M outstanding shares. More on Globex Mining Enterprises
Moving together with Globex OTC Stock
| 0.8 | CHKEW | Chesapeake Energy | PairCorr |
Moving against Globex OTC Stock
| 0.77 | ASTSW | AST SpaceMobile | PairCorr |
| 0.75 | JNJ | Johnson Johnson Financial Report 18th of July 2024 | PairCorr |
| 0.67 | PFE | Pfizer Inc Report 7th of May 2024 | PairCorr |
| 0.67 | MCD | McDonalds Report 23rd of April 2024 | PairCorr |
| 0.67 | INTC | Intel Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Globex OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Globex Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Globex Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Jack Stoch |
| Business Concentration | Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Globex Mining Enterprises [GLBXF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.4 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 Mining Enterprises classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 55.67 M outstanding shares.
Globex Mining Enterprises has accumulated about 19.69 M in cash with 7.59 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35.
Check Globex Mining Probability Of Bankruptcy
Ownership AllocationGlobex Mining Enterprises has a total of 55.67 Million outstanding shares. Globex Mining retains 11.51 (percent) of its outstanding shares held by insiders and 3.1 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Globex Ownership Details
Globex Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Globex Mining jumping above the current price in 90 days from now is near 1%. The Globex Mining Enterprises probability density function shows the probability of Globex Mining otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Globex Mining Enterprises has a beta of -0.2394. This usually indicates as returns on the benchmark increase, returns on holding Globex Mining are expected to decrease at a much lower rate. During a bear market, however, Globex Mining Enterprises is likely to outperform the market. Additionally, globex Mining Enterprises has an alpha of 0.2967, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Globex Mining to move above the current price in 90 days from now is near 1 (This Globex Mining Enterprises probability density function shows the probability of Globex OTC Stock to fall within a particular range of prices over 90 days) .
Globex Mining Enterprises Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Globex Mining market risk premium is the additional return an investor will receive from holding Globex Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Globex Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Globex Mining's alpha and beta are two of the key measurements used to evaluate Globex Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.77 | |||
| Semi Deviation | 1.6 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.75 |
Globex Stock Against Markets
Picking the right benchmark for Globex Mining otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Globex Mining otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Globex Mining is critical whether you are bullish or bearish towards Globex Mining Enterprises at a given time. Please also check how Globex Mining's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Globex Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Equity Search Now
Equity SearchSearch for actively traded equities including funds and ETFs from over 30 global markets |
| All Next | Launch Module |
Globex Mining Corporate Executives
Elected by the shareholders, the Globex Mining's board of directors comprises two types of representatives: Globex Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Globex. The board's role is to monitor Globex Mining's management team and ensure that shareholders' interests are well served. Globex Mining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Globex Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Wilson | CFO, Treasurer, Corporate Secretary | Profile | |
| Carmelo Marrelli | CFO | Profile |
How to buy Globex OTC Stock?
Before investing in Globex Mining, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Globex Mining. To buy Globex Mining stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Globex Mining. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Globex Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Globex Mining Enterprises stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Globex Mining Enterprises stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Globex Mining Enterprises, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Globex Mining Enterprises?
The danger of trading Globex Mining Enterprises is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Globex Mining is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Globex Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Globex Mining Enterprises is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Globex OTC Stock analysis
When running Globex Mining's price analysis, check to measure Globex Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globex Mining is operating at the current time. Most of Globex Mining's value examination focuses on studying past and present price action to predict the probability of Globex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globex Mining's price. Additionally, you may evaluate how the addition of Globex Mining to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges |