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Globex Mining Enterprises (TSX:GMX) Market Cap : C$61.11 Mil (As of Dec. 12, 2024)


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What is Globex Mining Enterprises Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Globex Mining Enterprises's share price for the quarter that ended in Sep. 2024 was C$0.85. Globex Mining Enterprises's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 56.04 Mil. Therefore, Globex Mining Enterprises's market cap for the quarter that ended in Sep. 2024 was C$47.63 Mil.

Globex Mining Enterprises's quarterly market cap increased from Mar. 2024 (C$48.05 Mil) to Jun. 2024 (C$53.48 Mil) but then declined from Jun. 2024 (C$53.48 Mil) to Sep. 2024 (C$47.63 Mil).

Globex Mining Enterprises's annual market cap declined from Dec. 2021 (C$60.90 Mil) to Dec. 2022 (C$38.41 Mil) but then increased from Dec. 2022 (C$38.41 Mil) to Dec. 2023 (C$51.43 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Globex Mining Enterprises's Enterprise Value for Today is C$32.71 Mil.


Globex Mining Enterprises Market Cap Historical Data

The historical data trend for Globex Mining Enterprises's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Globex Mining Enterprises Market Cap Chart

Globex Mining Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.58 37.95 60.90 38.41 51.43

Globex Mining Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.60 51.43 48.05 53.48 47.63

Competitive Comparison of Globex Mining Enterprises's Market Cap

For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Globex Mining Enterprises's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Globex Mining Enterprises's Market Cap distribution charts can be found below:

* The bar in red indicates where Globex Mining Enterprises's Market Cap falls into.



Globex Mining Enterprises Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Globex Mining Enterprises's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$0.93*55.3028
=C$51.43

Globex Mining Enterprises's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=C$0.85*56.0358
=C$47.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Globex Mining Enterprises  (TSX:GMX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Globex Mining Enterprises Market Cap Related Terms

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Globex Mining Enterprises Business Description

Traded in Other Exchanges
Address
89 Belsize Drive, Toronto, ON, CAN, M4S 1L3
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is focused on exploration and development property bank which operates under the project generator business mode. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development, and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.
Executives
Chris Bryan Director
Ian Atkinson Director
Jack Stoch Director, Senior Officer
Johannes Henricus Cornelis Van Hoof Director
Globex Mining Enterprises Inc. Issuer
Dianne Stoch Director, Senior Officer

Globex Mining Enterprises Headlines

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