Table of Contents

company-logo

Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America. It has a mineral portfolio of approximately 204 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; precious metals, such as gold, silver, platinum, and palladium; specialty metals and minerals comprising manganese, vanadium, titanium oxide, iron, molybdenum, lithium, cobalt, scandium, and antimony, as well as rare earths and associated elements; and industrial minerals consisting of mica, silica, potassic feldspar, pyrophyllite, kaolin, talc, and magnesite. Globex Mining Enterprises Inc. was incorporated in 1949 and is headquartered in Toronto, Canada.

Globex Mining Enterprises Dividend Announcement

• Globex Mining Enterprises does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Globex Mining Enterprises dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Globex Mining Enterprises Dividend History

Globex Mining Enterprises Dividend Yield

Globex Mining Enterprises current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Globex Mining Enterprises stock? Use our calculator to estimate your expected dividend yield:

Globex Mining Enterprises Financial Ratios

P/E ratio22.21
PEG ratio0.95
P/B ratio1.72
ROE8.26%
Payout ratio0.00%
Current ratio128.91
Quick ratio128.91
Cash Ratio28.61

Globex Mining Enterprises Dividend FAQ

Does Globex Mining Enterprises stock pay dividends?
Globex Mining Enterprises does not currently pay dividends to its shareholders.
Has Globex Mining Enterprises ever paid a dividend?
No, Globex Mining Enterprises has no a history of paying dividends to its shareholders. Globex Mining Enterprises is not known for its dividend payments.
Why doesn't Globex Mining Enterprises pay dividends?
There are several potential reasons why Globex Mining Enterprises would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Globex Mining Enterprises ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Globex Mining Enterprises has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Globex Mining Enterprises a dividend aristocrat?
Globex Mining Enterprises is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Globex Mining Enterprises a dividend king?
Globex Mining Enterprises is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Globex Mining Enterprises a dividend stock?
No, Globex Mining Enterprises is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Globex Mining Enterprises stocks?
To buy Globex Mining Enterprises you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Globex Mining Enterprises stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.