Executive Summary
GBM Resources Limited engages in the exploration and development of mineral properties in Australia. More Details
Snowflake Analysis
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has GBM Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GBZ's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
36.7%
GBZ
0.09%
AU Metals and Mining
0.5%
AU Market
1 Year Return
310.0%
GBZ
17.4%
AU Metals and Mining
-5.6%
AU Market
Return vs Industry: GBZ exceeded the Australian Metals and Mining industry which returned 17.4% over the past year.
Return vs Market: GBZ exceeded the Australian Market which returned -5.6% over the past year.
Shareholder returns
| GBZ | Industry | Market | |
|---|---|---|---|
| 7 Day | 36.7% | 0.09% | 0.5% |
| 30 Day | 24.2% | -0.7% | 5.0% |
| 90 Day | 105.0% | -0.9% | 2.9% |
| 1 Year | 341.9%310.0% | 22.9%17.4% | -2.3%-5.6% |
| 3 Year | 120.9%105.0% | 63.3%41.1% | 12.4%-1.2% |
| 5 Year | 7.2%-6.8% | 130.7%86.7% | 41.5%12.9% |
Price Volatility Vs. Market
How volatile is GBM Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Read This Before Selling GBM Resources Limited (ASX:GBZ) Shares6 months ago | Simply Wall St
Did Changing Sentiment Drive GBM Resources's (ASX:GBZ) Share Price Down A Painful 71%?7 months ago | Simply Wall St
Do Insiders Own Lots Of Shares In GBM Resources Limited (ASX:GBZ)?Valuation
Is GBM Resources undervalued compared to its fair value and its price relative to the market?
3.78x
Price to Book (PB) 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 unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: GBZ 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 GBZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GBZ is overvalued based on its PB Ratio (3.8x) compared to the AU Metals and Mining industry average (2.6x).
Next Steps
Future Growth
How is GBM Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
3.6%
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.
Next Steps
- Take a look at our analysis of GBZ’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- GBM Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has GBM Resources performed over the past 5 years?
-20.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GBZ is currently unprofitable.
Growing Profit Margin: GBZ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GBZ is unprofitable, and losses have increased over the past 5 years at a rate of 20.6% per year.
Accelerating Growth: Unable to compare GBZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GBZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).
Return on Equity
High ROE: GBZ has a negative Return on Equity (-9.82%), as it is currently unprofitable.
Next Steps
Financial Health
How is GBM Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GBZ's short term assets (A$1.4M) do not cover its short term liabilities (A$1.6M).
Long Term Liabilities: GBZ's short term assets (A$1.4M) exceed its long term liabilities (A$754.3K).
Debt to Equity History and Analysis
Debt Level: GBZ's debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GBZ's debt to equity ratio has reduced over the 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: GBZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GBZ has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.2% each year.
Next Steps
Dividend
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average board tenure
CEO
Peter Rohner
0.92
Tenure
AU$163,546
Compensation
Mr. Peter Rohner has been the Managing Director and Executive Director of GBM Resources Limited since November 25, 2019 and was its Chief Executive Officer. Mr. Rohner serves as Chief Executive Officer of ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD115.89K) is below average for companies of similar size in the Australian market ($USD277.02K).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.92yr | AU$163.55k | 2.42% A$ 1.6m | |
| MD & Executive Director | 0.92yr | AU$163.55k | 2.34% A$ 1.6m | |
| Executive Director | no data | AU$123.15k | 2.34% A$ 1.6m | |
| Independent Non-Executive Director | 0.083yr | no data | no data | |
| Non-Executive Deputy Chairman | 1.83yrs | no data | 1.85% A$ 1.2m |
0.9yrs
Average Tenure
Experienced Board: GBZ's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GBZ insiders have only sold shares 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 178.7%.
Top Shareholders
Company Information
GBM Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: GBM Resources Limited
- Ticker: GBZ
- Exchange: ASX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: AU$67.501m
- Shares outstanding: 329.27m
- Website: https://www.gbmr.com.au
Location
- GBM Resources Limited
- 7 The Esplanade
- Suite 8
- Mt Pleasant
- Western Australia
- 6153
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GBZ | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Oct 2007 |
| GBZ | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Oct 2007 |
| 36G | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2007 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/20 10:42 |
| End of Day Share Price | 2020/10/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.