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Globex Mining Up More Than 1% As Provides and Update On Its Financial Portfolio
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Globex Mining Up More Than 1% As Provides and Update On Its Financial Portfolio
Sep 11, 2025 7:55 AM

10:16 AM EDT, 09/11/2025 (MT Newswires) -- Globex Mining Enterprises ( GLBXF ) was at last look up more than 1% on Thursday after providing an update on its financial portfolio, option/royalty portfolio and property portfolio.

The company said it has a financial portfolio totalling about $34.73 million, up 8% from the end of June 2025, and has a royalty portfolio totalling 110 royalties of which 61 cover gold projects, and also has a property portfolio of which 80 are gold focused and six of the total are currently under option to partners.

Globex added option payments and property sale payments received to-date in 2025 total $3.65 million in cash and $666,895 in shares, added the company. It noted that it expenses all of its exploration costs on its projects and therefore "does not build up significant book values on any of the assets."

In Globex Mining's ( GLBXF ) portfolio, the senior liquid precious metal names make up about 31%, including 23,215 Agnico Eagle Mines ( AEM ) shares, 100,785 Pan American Silver ( PAAS ) shares and 20,000 Alamos Gold ( AGI ) shares, 13% of the portfolio is in the junior and mid-tier gold and other commodity mining names, 29% is in fixed income debt instruments and about 26% is in cash.

Shares of the company were last seen up 1.4% at $1.41 on the Toronto Stock Exchange.

Price: 1.41, Change: +0.02, Percent Change: +1.44

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