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GBR

Great Boulder ResourcesASX:GBR Stock Report

Market Cap

AU$62.5m

7D

-27.3%

1Y

154.0%

Updated

26 Oct, 2021

Data

Company Financials
GBR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GBR Overview

Great Boulder Resources Limited engages in the exploration, discovery, and delineation of mineral properties in Australia.

Great Boulder Resources Competitors

Strickland Metals

ASX:STK

AU$97.3m

Black Cat Syndicate

ASX:BC8

AU$81.7m

Horizon Minerals

ASX:HRZ

AU$73.8m

Ausgold

ASX:AUC

AU$72.9m

Price History & Performance

Summary of all time highs, changes and price drops for Great Boulder Resources
Historical stock prices
Current Share PriceAU$0.16
52 Week HighAU$0.033
52 Week LowAU$0.23
Beta0.38
1 Month Change-21.95%
3 Month Change88.24%
1 Year Change153.97%
3 Year Change-20.00%
5 Year Changen/a
Change since IPO-20.00%

Recent News & Updates

Shareholder Returns

GBRAU Metals and MiningAU Market
7D-27.3%-0.4%0.8%
1Y154.0%15.6%24.4%

Return vs Industry: GBR exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: GBR exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is GBR's price volatile compared to industry and market?
GBR volatility
GBR Beta0.38
Industry Beta0.97
Market Beta1

Stable Share Price: GBR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 35% a week.

Volatility Over Time: GBR's weekly volatility has increased from 25% to 35% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aAndrew Patersonhttps://www.greatboulder.com.au

Great Boulder Resources Limited engages in the exploration, discovery, and delineation of mineral properties in Australia. The company primarily explores for nickel-copper-cobalt and gold deposits. Its flagship project is the Yamarna project, which includes Mt Venn Ni-Cu-Co discovery located to the east of Laverton in the Eastern Goldfields District of Western Australia.

Great Boulder Resources Fundamentals Summary

How do Great Boulder Resources's earnings and revenue compare to its market cap?
GBR fundamental statistics
Market CapAU$62.52m
Earnings (TTM)-AU$752.37k
Revenue (TTM)n/a

0x

P/S Ratio

-76.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GBR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$83.77k
Gross Profit-AU$83.77k
ExpensesAU$668.60k
Earnings-AU$752.37k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0021
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GBR perform over the long term?

See historical performance and comparison

Valuation

Is Great Boulder Resources undervalued compared to its fair value and its price relative to the market?

3.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GBR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GBR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GBR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: GBR 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 GBR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GBR is overvalued based on its PB Ratio (3.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Great Boulder Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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 Great Boulder Resources 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.


Past Performance

How has Great Boulder Resources performed over the past 5 years?

-18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GBR is currently unprofitable.

Growing Profit Margin: GBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GBR is unprofitable, and losses have increased over the past 5 years at a rate of 18.6% per year.

Accelerating Growth: Unable to compare GBR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GBR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: GBR has a negative Return on Equity (-4.57%), as it is currently unprofitable.


Financial Health

How is Great Boulder Resources's financial position?


Financial Position Analysis

Short Term Liabilities: GBR's short term assets (A$7.2M) exceed its short term liabilities (A$548.1K).

Long Term Liabilities: GBR's short term assets (A$7.2M) exceed its long term liabilities (A$98.3K).


Debt to Equity History and Analysis

Debt Level: GBR is debt free.

Reducing Debt: GBR has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.


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: GBR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GBR has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 8.3% each year.


Dividend

What is Great Boulder Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GBR'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 GBR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GBR'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 GBR'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?

3.0yrs

Average management tenure


CEO

Andrew Paterson (49 yo)

2.33yrs

Tenure

AU$262,800

Compensation

Mr. Andrew G. Paterson, BEng Geology MAIG GAICD, has been Managing Director and Director of Great Boulder Resources Limited since June 24, 2019. Mr. Paterson served as Technical Director of Kingston Resour...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD197.00K) is below average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GBR's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: GBR's board of directors are considered experienced (5.5 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 been substantially diluted in the past year, with total shares outstanding growing by 90%.


Top Shareholders

Company Information

Great Boulder Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Great Boulder Resources Limited
  • Ticker: GBR
  • Exchange: ASX
  • Founded: 2016
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$62.516m
  • Shares outstanding: 357.24m
  • Website: https://www.greatboulder.com.au

Location

  • Great Boulder Resources Limited
  • 51 Colin Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:01
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.