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Globe Metals & Mining

Executive Summary

Globe Metals & Mining Limited invests in, develops, and explores for natural resources in Australia and Africa.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

GBE

-1.8%

AU Metals and Mining

3.8%

AU Market


1 Year Return

-26.7%

GBE

2.0%

AU Metals and Mining

-10.6%

AU Market

Return vs Industry: GBE underperformed the Australian Metals and Mining industry which returned 1.5% over the past year.

Return vs Market: GBE underperformed the Australian Market which returned -11.2% over the past year.


Shareholder returns

GBEIndustryMarket
7 Day0%-1.8%3.8%
30 Day10.0%11.6%9.9%
90 Day-26.7%2.4%-13.0%
1 Year-26.7%-26.7%7.2%2.0%-6.9%-10.6%
3 Year-26.7%-26.7%60.0%39.1%12.7%-2.1%
5 Year-57.7%-57.7%97.2%59.4%27.9%0.4%

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

Valuation

Is Globe Metals & Mining undervalued compared to its fair value and its price relative to the market?

0.15x

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 (1.4x).


Next Steps

Future Growth

How is Globe Metals & Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.5%

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.


Next Steps

Past Performance

How has Globe Metals & Mining performed over the past 5 years?

31.5%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Alistair Stephens (55yo)

7yrs

Tenure

AU$456,841

Compensation

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 ($USD303.77K) is about average for companies of similar size in the Australian market ($USD251.35K).

Compensation vs Earnings: Alistair's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Alistair Stephens
Deputy Chairperson7yrsAU$456.84kno data
Michael Fry
Finance Manager & Company Secretary5.25yrsAU$264.00kno data
Lisungu Banda
Senior Accountant0.58yrno datano data
Chrispine Ngwena
Senior Geologistno datano datano data

5.3yrs

Average Tenure

Experienced Management: GBE's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alistair Stephens
Deputy Chairperson7yrsAU$456.84kno data
William Hayden
Independent Non-Executive Director10.5yrsAU$58.00k0.27% A$14.0k
Bo Tan
Independent Non-Executive Director6.58yrsAU$58.00kno data
Alice Wong
Non-Executive Chairperson6.33yrsAU$80.00k52.79% A$2.7m
Po Ko
Independent Director6.25yrsAU$57.00kno data

6.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: GBE's board of directors are considered experienced (6.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Globe Metals & Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Globe Metals & Mining Limited
  • Ticker: GBE
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$5.125m
  • Shares outstanding: 465.92m
  • Website: https://www.globemm.com

Number of Employees


Location

  • Globe Metals & Mining Limited
  • 137 Lake Street
  • Northbridge
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2005
G4UDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2005
GBECHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2005

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 10:35
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.