Executive Summary
GBM Resources Limited engages in the exploration and development of mineral properties in Australia.
Risk Analysis
+ 3 more risks
Snowflake Analysis
Overvalued with worrying balance sheet.
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
-4.6%
GBZ
0.3%
AU Metals and Mining
1.5%
AU Market
1 Year Return
55.0%
GBZ
6.2%
AU Metals and Mining
15.6%
AU Market
Return vs Industry: GBZ exceeded the Australian Metals and Mining industry which returned 7.9% over the past year.
Return vs Market: GBZ exceeded the Australian Market which returned 16.1% over the past year.
Shareholder returns
| GBZ | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.6% | 0.3% | 1.5% |
| 30 Day | 5.1% | -4.7% | 0.4% |
| 90 Day | n/a | 3.8% | 4.1% |
| 1 Year | 55.0%55.0% | 11.6%6.2% | 20.6%15.6% |
| 3 Year | -63.5%-63.5% | 50.2%31.6% | 37.1%18.7% |
| 5 Year | -69.9%-71.8% | 88.6%44.4% | 50.9%17.1% |
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
2 weeks ago | Simply Wall St
Peter Rohner Is The MD, CEO & Executive Director of GBM Resources Limited (ASX:GBZ) And They Just Spent AU$174k On Shares1 month ago | Simply Wall St
Imagine Owning GBM Resources (ASX:GBZ) While The Price Tanked 70%3 months ago | Simply Wall St
Could GBM Resources Limited's (ASX:GBZ) Investor Composition Influence The Stock Price?Valuation
Is GBM Resources undervalued compared to its fair value and its price relative to the market?
0.75x
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 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 good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (1.4x).
Next Steps
Future Growth
How is GBM Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
1.0%
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?
-4.5%
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 -4.5% 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 (19.1%).
Return on Equity
High ROE: GBZ has a negative Return on Equity (-46.88%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is GBM Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GBZ's short term assets (A$339.8K) do not cover its short term liabilities (A$1.1M).
Long Term Liabilities: GBZ's short term assets (A$339.8K) do not cover its long term liabilities (A$754.3K).
Debt to Equity History and Analysis
Debt Level: GBZ's debt to equity ratio (3.9%) 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
Inventory Level: GBZ has a high level of physical assets or inventory.
Debt Coverage by Assets: GBZ's debt is not covered by short term assets (assets are 1x debt).
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 6.8% each year.
Next Steps
Dividend
What is GBM Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GBZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GBZ's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
10.0yrs
Average management tenure
CEO
Peter Rohner 0
0.3yrs
Tenure
Mr. Peter Rohner has been the Managing Director Chief Executive Officer and Executive Director of GBM Resources Limited since November 25, 2019. Mr. serves as Chief Executive Officer of the Core Group of c ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 0yrs | AU$245.28k | 4% A$478.1k | |
| Exploration Director & Executive Director | 10.8yrs | AU$241.72k | 3.56% A$425.4k | |
| Executive Chairman | 0.3yrs | no data | 3.93% A$469.7k | |
| MD, CEO & Executive Director | 0.3yrs | no data | 3.42% A$408.8k | |
| Company Secretary & CFO | 10yrs | no data | no data |
10.0yrs
Average Tenure
58yo
Average Age
Experienced Management: GBZ's management team is seasoned and experienced (10 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 0yrs | AU$245.28k | 4% A$478.1k | |
| Exploration Director & Executive Director | 10.8yrs | AU$241.72k | 3.56% A$425.4k | |
| Executive Chairman | 0.3yrs | no data | 3.93% A$469.7k | |
| MD, CEO & Executive Director | 0.3yrs | no data | 3.42% A$408.8k | |
| Deputy Chairman | 1.2yrs | AU$28.00k | 3.15% A$377.0k |
0.7yrs
Average Tenure
Experienced Board: GBZ's board of directors are not considered experienced ( 0.7 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 bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.5%.
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$11.959m
- Shares outstanding: 192.89m
- Website: https://www.gbmr.com.au
Number of Employees
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 |
Biography
GBM Resources Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, silver, copper, iron oxide, tungsten, and molybdenum. The company’s flagship project is the Mount Coolon gold project located in the Drummond basin in Queensland. Its tenements cover an area of approximately 3,200 square kilometers in seven project areas in Queensland and Victoria. The company was incorporated in 2007 and is based in Mt Pleasant, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 10:35 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.