Company Snapshot: Globex Mining Enterprises (GMX)

In what amounts to a breakthrough year, shares of Globex Mining Enterprises Inc. (CA: GMX – $1.08 & US: GLBXF – $0.85 & GER: G1MN – €0.72) have consolidated somewhat this month after a significant surge in price. The rise in shareholder value is no surprise as in recent months Globex has reported deals that resulted in significant capital gains […]

So far, in 2021 Globex Mining Enterprises Inc. (CA: GMX – $1.07 & US: GLBXF – $0.88 & GER: G1MN – €0.73) has achieved some significant property transactions. The Company is continuing this trend as it has now vended the Eagle Gold Mine to Maple Gold Mines Ltd. [MGM]. The transaction is valued at $1.2 million and in addition, Globex […]

Globex Mining Enterprises (CA: GMX – $1.18 & US: GLBXF – $0.94 & GER: G1MN – €0.77) is truly on a roll. After vending its Francoeur/Arntfield/Lac Fortune (FALF) gold property and Middle Tennessee Mines Royalty for over $30 million earlier this year, it now has sold its Tarmac Gold Property to Wesdome Gold Mines [WDO] for one million dollars and […]

One of the benefits of the project generator business model is that multiple properties are actively advanced at the same time through partnerships with other companies. Globex Mining Enterprises Inc. (CA: GMX – $1.15 & US: GLBXF – $0.92 & GER: G1MN – €0.74) has arranged numerous property deals in recent quarters under this strategy. Transaction terms commit partner companies […]

Earlier this year, shareholders of Globex Mining Enterprises Inc. (CA: GMX – $1.37 & US: GLBXF – $1.10 & GER: G1MN – €0.91) were the beneficiaries of a major royalty transaction. The Company announced an agreement to vend its interest in the Middle Tennessee Mines royalty to Electric Royalties Ltd. A significant cash payment has already been received by Globex. […]

In another lucrative deal, Globex Mining Enterprises Inc. (CA: GMX – $1.34 & US: GLBXF – $1.10 & GER: G1MN – €0.94) has sold the McNeely Lithium project, consisting of 66 mining claims in the La Corne, Landrienne and Figuery townships, Quebec to First Energy Metals Limited (FE). Globex sold the property for no less than a cash payment of […]

In March of this year, Globex Mining Enterprises Inc. (CA: GMX – $1.44 & US: GLBXF – $1.17 & GER: G1MN – €0.93) reported a blockbuster agreement to vend the Middle Tennessee Mines Royalty (MTM) to Electric Royalties Ltd (ELEC)>. The parties agreed that in return for the royalty, Globex would receive a non-refundable deposit of $250,000 while ELEC would […]

A bull market is now in process for nearly all resources. As the market price for various metals and minerals continues to race higher, the junior mining and exploration stocks with established leverage to mineral property interests are also becoming more attractive to investors. This trend may still be in the early stage and that is very good news for […]

With a multifaceted approach to building shareholder value, Globex Mining Enterprises Inc. (CA: GMX – $0.76 & US: GLBXF – $0.60 & GER: G1MN – €0.52) has been very active during the early stages of this resource bull market. The Company controls a large portfolio of resource properties and most of these holdings were acquired by staking. This affords Globex […]

Several transactions in recent months have contributed to the strong stock price performance of Globex Mining Enterprises Inc. (CA: GMX – $1.04 & US: GLBXF – $0.82 & GER: G1MN – €0.71). In tandem with the ongoing bull market in the resource sector, the value of these deals is also increasing. However, this week, Globex outdid itself as it announced […]