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Globex Mining Enterprises Inc

GMX.TO Canada Producer/Royalty Streaming

Outstanding management

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Bagger potential

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Share price · USD

$1.524

2.150 CAD at 0.7089

FD shares
56.94M
FD market cap
$86.7M
Metals
GoldAntimonyIronManganeseREE
Country tier
Tier 1
Insider aligned
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Project grade
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Resource size
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Optionality
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Resource

Gold (oz)
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Silver (oz)
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Copper (lb)
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Resource equivalent

Gold (oz)
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Silver (oz)
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Copper (lb)
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Scoring inputs

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Description

Globex Mining Enterprises Inc. is a Toronto-based project generator and royalty company listed on the TSX. It holds 276 mineral assets, including 106 royalties, across North America and generates income from option payments and advance royalties. Roughly C$40 million of cash and securities and no debt have let it avoid dilutive financings since 1987.

Its flagship owned asset is the Wood/Central Cadillac property near Rouyn-Noranda, Quebec, where the Ironwood deposit holds an Indicated resource of 234,800 tonnes at 14.38 g/t gold. An 11-hole, 4,800 metre drill program began in August 2026, followed by a 1,335 metre program at Rouyn-Merger. Key royalties include a 1% gross metal royalty on Cerrado Gold's Mont Sorcier iron project, and no PEA, PFS or DFS exists on Globex's own properties.

 

List of projects
Project 1: Wood/Central Cadillac (Ironwood deposit) - 100% interest, Rouyn-Noranda, Quebec, Canada; metals: Gold.
Project 2: Rouyn-Merger - 100% interest, Quebec, Canada; metals: Gold.
Project 3: Mont Sorcier - 1% gross metal royalty, operated by Cerrado Gold, Quebec, Canada; metals: Iron Ore.
Project 4: Bald Hill Antimony - royalty, operated by Antimony Resources, New Brunswick, Canada; metals: Antimony.
Project 5: O'Brien - royalty, operated by Radisson Mining, Quebec, Canada; metals: Gold.
Project 6: Golden Pike (formerly Devil's Pike) - royalty, operated by Albright Metals, New Brunswick, Canada; metals: Antimony, Gold, Manganese.

Weakness

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List of projects

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Forecast share price

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Expected timeline to full production

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Company data last reviewed 04 Oct 2026. Price updated 19 Oct 2026 12:00.