Globe Metals & Mining Limited invests in, develops, and explores for natural resources in Australia and Africa.
Excellent balance sheet and overvalued.
Share Price & News
How has Globe Metals & Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GBE's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: GBE underperformed the Australian Metals and Mining industry which returned 5% over the past year.
Return vs Market: GBE underperformed the Australian Market which returned -7% over the past year.
Price Volatility Vs. Market
How volatile is Globe Metals & Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StCompanies Like Globe Metals & Mining (ASX:GBE) Are In A Position To Invest In Growth
5 months ago | Simply Wall StCompanies Like Globe Metals & Mining (ASX:GBE) Are In A Position To Invest In Growth
9 months ago | Simply Wall StDo Directors Own Globe Metals & Mining Limited (ASX:GBE) Shares?
Is Globe Metals & Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GBE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GBE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GBE is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: GBE is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GBE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GBE is good value based on its PB Ratio (0.1x) compared to the AU Metals and Mining industry average (1.6x).
How is Globe Metals & Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Globe Metals & Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Globe Metals & Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Globe Metals & Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Globe Metals & Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GBE is currently unprofitable.
Growing Profit Margin: GBE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GBE is unprofitable, but has reduced losses over the past 5 years at a rate of 31.5% per year.
Accelerating Growth: Unable to compare GBE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GBE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).
Return on Equity
High ROE: GBE has a negative Return on Equity (-3.73%), as it is currently unprofitable.
How is Globe Metals & Mining's financial position?
Financial Position Analysis
Short Term Liabilities: GBE's short term assets (A$6.5M) exceed its short term liabilities (A$269.0K).
Long Term Liabilities: GBE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GBE is debt free.
Reducing Debt: GBE has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GBE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GBE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Globe Metals & Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GBE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GBE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GBE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GBE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GBE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alistair Stephens (55yo)
Mr. Alistair James Stephens, BsC Hons, Grad Dip Fin. MBA, GAICD, has been the Chief Executive Officer of Globe Metals and Mining Limited since May 20, 2013 and as its Managing Director since July 08, 2013. ...
CEO Compensation Analysis
Compensation vs Market: Alistair's total compensation ($USD319.16K) is about average for companies of similar size in the Australian market ($USD261.07K).
Compensation vs Earnings: Alistair's compensation has increased whilst the company is unprofitable.
|Deputy Chairperson||7.08yrs||AU$456.84k||no data|
|Finance Manager & Company Secretary||5.33yrs||AU$264.00k||no data|
|Senior Accountant||0.67yr||no data||no data|
|Senior Geologist||no data||no data||no data|
Experienced Management: GBE's management team is seasoned and experienced (5.3 years average tenure).
|Deputy Chairperson||7.08yrs||AU$456.84k||no data|
|Independent Non-Executive Director||10.58yrs||AU$58.00k||0.27% A$14.0k|
|Independent Non-Executive Director||6.67yrs||AU$58.00k||no data|
|Non-Executive Chairperson||6.42yrs||AU$80.00k||52.79% A$2.7m|
|Independent Director||6.33yrs||AU$57.00k||no data|
Experienced Board: GBE's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Globe Metals & Mining Limited's company bio, employee growth, exchange listings and data sources
- Name: Globe Metals & Mining Limited
- Ticker: GBE
- Exchange: ASX
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$5.125m
- Shares outstanding: 465.92m
- Website: https://www.globemm.com
Number of Employees
- Globe Metals & Mining Limited
- 137 Lake Street
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GBE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2005|
|G4U||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2005|
|GBE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2005|
Globe Metals & Mining Limited invests in, develops, and explores for natural resources in Australia and Africa. The company explores for niobium and tantalum deposits. It primarily holds an interest in the Kanyika niobium project located in Malawi. The company was formerly known as Globe Uranium Limited. Globe Metals & Mining Limited is headquartered in Northbridge, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 10:40|
|End of Day Share Price||2020/06/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.