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Three Independent Reports Evaluate Globex

Written by Customer Service on . Posted in Public Companies.

ROUYN-NORANDA, Québec, Feb. 24, 2022 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that three of the largest data analytical firms have positively evaluated Globex. The firms listed have published the indicated comments reported below on the dates marked summarizing in part extensive analysis now available from many brokerage firms which pay for such analysis.

Data Analyst FirmReport DatePrincipal Comments
Morningstar Inc.February 23, 2022$2.69 (Fair Value Estimate) “Globex is valued at a 51% discount.”
CFRAFebruary 18, 2022Strong Buy, “Globex’s overall score ranked in the 3rd percentile of all stocks in the model universe. (1 = Best and 100 = Worst)”
Refinitiv Stock ReportFebruary 23, 2022Average Score 10. “GMX is among an exclusive group of 103 stocks awarded our highest score of 10.”

Shareholders wishing access to the extensive detailed reports, should contact their broker referencing the data analytical firm giving Globex’s name and report date.

This press release was written by Jack Stoch, President and CEO of Globex Mining Enterprises Inc.

We Seek Safe Harbour.  Foreign Private Issuer 12g3 – 2(b)
 CUSIP Number 379900 50 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada J9X 2J1		Tel.: 819.797.5242
Fax: 819.797.1470
info@globexmining.com
www.globexmining.com

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