Globex Mining Enterprise Stock

Globex Mining Enterprise P/S 2024

Globex Mining Enterprise P/S

10.67

Ticker

GMX.TO

ISIN

CA3799005093

WKN

A1H735

As of Oct 1, 2024, Globex Mining Enterprise's P/S ratio stood at 10.67, a -67.16% change from the 32.49 P/S ratio recorded in the previous year.

The Globex Mining Enterprise P/S history

Globex Mining Enterprise Aktienanalyse

What does Globex Mining Enterprise do?

Globex Mining Enterprises Inc is a Canadian company specializing in the exploration and development of mineral deposits. The company was founded in 1983 and has since expanded and developed its business model. Globex Mining Enterprises is active in various areas today, including mining, exploration, development, and marketing. The company operates several mines in Canada and the USA and specializes in the production of precious metals, rare earths, base metals, and other commodities. In recent years, the company has successfully developed new mines and acquired licenses for mineral exploration in Canada and other countries. Globex has also specialized in acquiring projects that could not be realized in the past due to lack of funding or lack of willingness from other investors. Globex Mining Enterprises is now one of the leading companies in mining exploration and development in Canada and the USA. The company offers a wide range of products and services tailored to the needs of the mining industry. Products offered by Globex Mining Enterprises include gold, silver, copper, cobalt, nickel, zinc, and lead, among others. The company also produces rarer commodities such as tungsten, lithium, and titanium. An important division of the company is the production of metal concentrates, which allows the company to combine and market resources from various mines. In addition to its ongoing mining projects, Globex Mining Enterprises also operates a geological laboratory where it conducts geological and metallurgical studies. These studies help the company determine the quality and value of mineral deposits and select the right mining technologies. Globex Mining Enterprises has also specialized in collaborating with other mining and resource companies to create synergies and work more effectively together. The company has established partnerships with a variety of companies and institutional investors. Globex Mining Enterprises is a pioneer and advocates high environmental standards and sustainable resource production. In recent years, the company has invested in more environmentally friendly technologies and practices to minimize its environmental impact and achieve more sustainable production. In summary, Globex Mining Enterprises is an established company with a strong position in the mining industry. The company is constantly seeking new projects and technologies to increase value creation and make mining more sustainable. Globex Mining Enterprises is an important partner in the resource and mining industry and is expected to continue to play a leading role in the future. Globex Mining Enterprise ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Globex Mining Enterprise's P/S Ratio

Globex Mining Enterprise's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Globex Mining Enterprise's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Globex Mining Enterprise's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Globex Mining Enterprise’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Globex Mining Enterprise stock

What is the price-to-earnings ratio of Globex Mining Enterprise?

The price-earnings ratio of Globex Mining Enterprise is currently 10.67.

How has the price-earnings ratio of Globex Mining Enterprise changed compared to last year?

The price-to-earnings ratio of Globex Mining Enterprise has increased by -67.16% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Globex Mining Enterprise high compared to other companies?

Yes, the price-to-earnings ratio of Globex Mining Enterprise is high compared to other companies.

How does an increase in the price-earnings ratio of Globex Mining Enterprise affect the company?

An increase in the price-earnings ratio of Globex Mining Enterprise would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Globex Mining Enterprise affect the company?

A decrease in the price-earnings ratio of Globex Mining Enterprise would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Globex Mining Enterprise?

Some factors that influence the price-earnings ratio of Globex Mining Enterprise are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Globex Mining Enterprise pay?

Over the past 12 months, Globex Mining Enterprise paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Globex Mining Enterprise is expected to pay a dividend of 0 CAD.

What is the dividend yield of Globex Mining Enterprise?

The current dividend yield of Globex Mining Enterprise is .

When does Globex Mining Enterprise pay dividends?

Globex Mining Enterprise pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Globex Mining Enterprise?

Globex Mining Enterprise paid dividends every year for the past 0 years.

What is the dividend of Globex Mining Enterprise?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Globex Mining Enterprise located?

Globex Mining Enterprise is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Globex Mining Enterprise kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Globex Mining Enterprise from 10/1/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Globex Mining Enterprise pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of Globex Mining Enterprise in the year 2023?

In the year 2023, Globex Mining Enterprise distributed 0 CAD as dividends.

In which currency does Globex Mining Enterprise pay out the dividend?

The dividends of Globex Mining Enterprise are distributed in CAD.

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Andere Kennzahlen von Globex Mining Enterprise

Our stock analysis for Globex Mining Enterprise Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Globex Mining Enterprise Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.