GBM Resources Limited engages in the exploration and development of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.14|
|52 Week High||AU$0.093|
|52 Week Low||AU$0.20|
|1 Month Change||27.27%|
|3 Month Change||7.69%|
|1 Year Change||-26.32%|
|3 Year Change||180.00%|
|5 Year Change||-12.50%|
|Change since IPO||-93.00%|
Recent News & Updates
|GBZ||AU Metals and Mining||AU Market|
Return vs Industry: GBZ underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: GBZ underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: GBZ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: GBZ's weekly volatility (9%) has been stable over the past year.
About the Company
GBM Resources Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, silver, copper, and iron oxide. The company’s flagship project is the Mount Coolon gold project located in the Drummond basin in Queensland.
GBM Resources Fundamentals Summary
|GBZ fundamental statistics|
Is GBZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GBZ income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.00052|
|Net Profit Margin||331.20%|
How did GBZ perform over the long term?See historical performance and comparison
Is GBM Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GBZ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GBZ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GBZ is poor value based on its PE Ratio (269.2x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: GBZ is poor value based on its PE Ratio (269.2x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GBZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GBZ is good value based on its PB Ratio (2.4x) compared to the AU Metals and Mining industry average (2.6x).
How is GBM Resources 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 GBM 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.
How has GBM Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GBZ has a high level of non-cash earnings.
Growing Profit Margin: GBZ became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GBZ has become profitable over the past 5 years, growing earnings by -22.2% per year.
Accelerating Growth: GBZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GBZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: GBZ's Return on Equity (0.9%) is considered low.
How is GBM Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GBZ's short term assets (A$7.6M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: GBZ's short term assets (A$7.6M) exceed its long term liabilities (A$6.3M).
Debt to Equity History and Analysis
Debt Level: GBZ's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: GBZ's debt to equity ratio has increased from 0.1% to 0.2% over the past 5 years.
Debt Coverage: GBZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GBZ's interest payments on its debt are well covered by EBIT.
What is GBM Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GBZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GBZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GBZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GBZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GBZ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter Rohner, B.Sc (Metallurgy), Grad Dip Applied Finance & Investment, has been the Managing Director and Executive Director of GBM Resources Limited since November 25, 2019 and was its Chief Executiv...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD186.92K) is below average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Experienced Management: GBZ's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: GBZ's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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 been substantially diluted in the past year, with total shares outstanding growing by 53.9%.
GBM Resources Limited's employee growth, exchange listings and data sources
- Name: GBM Resources Limited
- Ticker: GBZ
- Exchange: ASX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: AU$73.487m
- Shares outstanding: 506.81m
- Website: https://www.gbmr.com.au
- GBM Resources Limited
- 7 The Esplanade
- Suite 8
- Mount Pleasant
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:03|
|End of Day Share Price||2021/10/20 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.