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GBM Resources

ASX:GBZ
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GBZ
ASX
A$7M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

GBM Resources Limited engages in the exploration and development of mineral properties in Australia. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • GBM Resources has significant price volatility in the past 3 months.
GBZ Share Price and Events
7 Day Returns
20%
ASX:GBZ
-4.3%
AU Metals and Mining
0.3%
AU Market
1 Year Returns
-14.3%
ASX:GBZ
13.6%
AU Metals and Mining
5.2%
AU Market
GBZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GBM Resources (GBZ) 20% 0% 20% -14.3% -53.8% -76.9%
AU Metals and Mining -4.3% 1.5% 13.7% 13.6% 73.8% 7.3%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • GBZ underperformed the Metals and Mining industry which returned 13.6% over the past year.
  • GBZ underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
GBZ
Industry
5yr Volatility vs Market

Value

 Is GBM Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for GBM Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.006.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GBM Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GBM Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:GBZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:GBZ Share Price ** ASX (2019-04-18) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.54x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GBM Resources.

ASX:GBZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:GBZ Share Price ÷ EPS (both in AUD)

= 0.01 ÷ -0.01

-0.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GBM Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • GBM Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does GBM Resources's expected growth come at a high price?
Raw Data
ASX:GBZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.56x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for GBM Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GBM Resources's assets?
Raw Data
ASX:GBZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:GBZ Share Price * ASX (2019-04-18) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 584 Publicly-Listed Metals and Mining Companies 1.51x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:GBZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:GBZ Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

0.52x

* Primary Listing of GBM Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GBM Resources is good value based on assets compared to the AU Metals and Mining industry average.
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Value checks
We assess GBM Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. GBM Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is GBM Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GBM Resources expected to grow at an attractive rate?
  • Unable to compare GBM Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare GBM Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare GBM Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:GBZ Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average -0.1%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:GBZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:GBZ Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -5
2018-09-30 0 -1 -5
2018-06-30 0 -1 -6
2018-03-31 0 -1 -3
2017-12-31 0 -1 -1
2017-09-30 0 -1 -1
2017-06-30 0 -1 -2
2017-03-31 0 -1 0
2016-12-31 0 -1 2
2016-09-30 0 -1 2
2016-06-30 0 0 3
2016-03-31 0 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if GBM Resources is high growth as no earnings estimate data is available.
  • Unable to determine if GBM Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:GBZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GBM Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:GBZ Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.01
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if GBM Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. GBM Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. GBM Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess GBM Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GBM Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has GBM Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GBM Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GBM Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare GBM Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GBM Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
GBM Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GBM Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:GBZ Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.06 -5.16 1.17
2018-09-30 0.08 -5.47 1.11
2018-06-30 0.10 -5.78 1.05
2018-03-31 0.09 -3.34 0.95
2017-12-31 0.09 -0.90 0.85
2017-09-30 0.06 -1.22 0.97
2017-06-30 0.04 -1.54 1.09
2017-03-31 0.03 0.11 1.14
2016-12-31 0.02 1.76 1.18
2016-09-30 0.14 2.47 1.11
2016-06-30 0.27 3.18 1.04
2016-03-31 0.33 -0.32 1.12
2015-12-31 0.39 -3.82 1.20
2015-09-30 0.34 -4.18 1.22
2015-06-30 0.29 -4.55 1.23
2015-03-31 0.26 -3.18 1.11
2014-12-31 0.24 -1.82 0.98
2014-09-30 0.26 -4.25 1.22
2014-06-30 0.27 -6.68 1.47
2014-03-31 0.33 -7.05 1.58
2013-12-31 0.39 -7.43 1.70
2013-09-30 0.41 -4.58 1.56
2013-06-30 0.43 -1.73 1.42
2013-03-31 0.44 -1.17 1.47
2012-12-31 0.45 -0.61 1.51
2012-09-30 0.45 -0.90 1.66
2012-06-30 0.45 -1.20 1.81

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if GBM Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if GBM Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if GBM Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess GBM Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GBM Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is GBM Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GBM Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GBM Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GBM Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of GBM Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • GBM Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GBM Resources Company Filings, last reported 3 months ago.

ASX:GBZ Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 12.64 0.00 0.48
2018-09-30 12.64 0.00 0.48
2018-06-30 12.08 0.00 0.35
2018-03-31 12.08 0.00 0.35
2017-12-31 16.88 0.00 1.47
2017-09-30 16.88 0.00 1.47
2017-06-30 17.87 0.00 3.40
2017-03-31 17.87 0.00 3.40
2016-12-31 16.84 1.50 5.45
2016-09-30 16.84 1.50 5.45
2016-06-30 15.79 0.00 0.36
2016-03-31 15.79 0.00 0.36
2015-12-31 11.39 0.00 1.28
2015-09-30 11.39 0.00 1.28
2015-06-30 11.19 0.00 1.11
2015-03-31 11.19 0.00 1.11
2014-12-31 12.95 0.00 1.22
2014-09-30 12.95 0.00 1.22
2014-06-30 12.29 0.00 0.53
2014-03-31 12.29 0.00 0.53
2013-12-31 14.79 0.00 0.93
2013-09-30 14.79 0.00 0.93
2013-06-30 15.44 0.00 1.52
2013-03-31 15.44 0.00 1.52
2012-12-31 15.98 0.00 1.52
2012-09-30 15.98 0.00 1.52
2012-06-30 14.29 0.00 1.59
  • GBM Resources has no debt.
  • GBM Resources had no debt 5 years ago.
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.

  • GBM Resources has less than a year of cash runway based on current free cash flow.
  • GBM Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -5.1% each year.
X
Financial health checks
We assess GBM Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GBM Resources has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from GBM Resources dividends.
If you bought A$2,000 of GBM Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate GBM Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate GBM Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:GBZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as GBM Resources has not reported any payouts.
  • Unable to verify if GBM Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of GBM Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as GBM Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess GBM Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GBM Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GBM Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of GBM Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Thompson
COMPENSATION A$235,425
AGE 61
TENURE AS CEO 12 years
CEO Bio

Mr. Peter Wayne Thompson, B.Bus, CPA, FCIS, serves as the Head of External Affairs at GB Minerals Ltd.. Mr. Thompson has been the Managing Director of GBM Resources Ltd. since April 3, 2007 and has been its Executive Chairman since October 31, 2010. He serves as an Executive Director of GBM Resources Ltd. He served as General Manager of Operations at GWR Group Limited (formerly, Golden West Resources Ltd.) and served as its Director from May 28, 2007 to February 15, 2008. Mr. Thompson served as Mining and Project consultant with Xstrata Plc for a number of years. Mr. Thompson has over 30 years' experience in the mining industry in Australia, UK and South America. He has held senior roles with several major companies including Mt Edon Gold Mines and MIM Holdings Ltd. Since 2000, Mr. Thompson has been involved in the development of various infrastructure projects, including mine and refinery expansions and establishment of infrastructure including roads, rail, port and power utilities. He served as the Acting Chairman at GBM Resources Ltd. since October 31, 2010. He has been Independent & Non Executive Director at Nova MSC Berhad since June 1, 2017. He serves as a Non-Executive Director of Watpac JMS Civil and Mining Pty Ltd. He serves as a Non-Executive Director of Swift Resources Limited. He serves as Queensland based mining and civil contractor JJ McDonald & Sons Group. Mr. Thompson is a CPA qualified accountant and Fellow of Chartered Secretaries Australia.

CEO Compensation
  • Peter's compensation has been consistent with company performance over the past year.
  • Peter's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the GBM Resources management team in years:

11.5
Average Tenure
  • The average tenure for the GBM Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Peter Thompson

TITLE
MD & Executive Chairman
COMPENSATION
A$235K
AGE
61
TENURE
12 yrs

Neil Norris

TITLE
Exploration Director & Executive Director
COMPENSATION
A$225K
TENURE
11.5 yrs

Kevin Hart

TITLE
Company Secretary & CFO
AGE
56
TENURE
9.2 yrs
Board of Directors Tenure

Average tenure of the GBM Resources board of directors in years:

6.3
Average Tenure
  • The tenure for the GBM Resources board of directors is about average.
Board of Directors

Peter Thompson

TITLE
MD & Executive Chairman
COMPENSATION
A$235K
AGE
61
TENURE
8.5 yrs

Sunny Loh

TITLE
Deputy Chairman
COMPENSATION
A$3K
TENURE
0.3 yrs

Neil Norris

TITLE
Exploration Director & Executive Director
COMPENSATION
A$225K
TENURE
10 yrs

Hun Tan

TITLE
Non-Executive Director
COMPENSATION
A$48K
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
09. Oct 18 Buy Peter Thompson Individual 09. Oct 18 09. Oct 18 10,000,000 A$0.01 A$50,002
09. Oct 18 Buy Neil Norris Individual 09. Oct 18 09. Oct 18 10,000,000 A$0.01 A$50,002
X
Management checks
We assess GBM Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GBM Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Did GBM Resources Limited (ASX:GBZ) Insiders Buy Up More Shares?

So before you buy or sell GBM Resources Limited (ASX:GBZ), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last twelve months there was more buying than selling by GBM Resources insiders

Simply Wall St -

How Financially Strong Is GBM Resources Limited (ASX:GBZ)?

The direct benefit for GBM Resources Limited (ASX:GBZ), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is GBZ will have to adhere to stricter debt covenants and have less financial flexibility. … Is GBZ growing fast enough to value financial flexibility over lower cost of capital.

Simply Wall St -

Do Institutions Own GBM Resources Limited (ASX:GBZ) Shares?

A look at the shareholders of GBM Resources Limited (ASX:GBZ) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … With a market capitalization of AU$6.5m, GBM Resources is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Is GBM Resources Limited (ASX:GBZ) Overpaying Its CEO?

How Does Peter Thompson's Compensation Compare With Similar Sized Companies. … According to our data, GBM Resources Limited has a market capitalization of AU$4.4m, and pays its CEO total annual compensation worth AU$235k. … We examined a group of similar sized companies, with market capitalizations of below AU$282m

Simply Wall St -

Should You Be Concerned About GBM Resources Limited's (ASX:GBZ) Investors?

In this article, I'm going to take a look at GBM Resources Limited’s (ASX:GBZ) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine GBZ's ownership structure in more detail.

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Who Are GBM Resources Limited's (ASX:GBZ) Major Shareholders?

In this article, I'm going to take a look at GBM Resources Limited’s (ASX:GBZ) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Insider Ownership Another important group of shareholders are company insiders. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: With a low level of institutional ownership, investors in GBZ need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Is GBM Resources Limited's (ASX:GBZ) CEO Paid Enough To Stay Motivated?

Profitability of a company is a strong indication of GBZ's ability to generate returns on shareholders' funds through corporate activities. … In the situation of negative earnings, the company may be facing a period of reinvestment and growth, or it can be a sign of some headwind. … Normally I'd use market cap and profit as factors determining performance, however, GBZ's negative earnings reduces the usefulness of my formula.

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GBM Resources Limited's (ASX:GBZ) Earnings Dropped -148.44%, How Did It Fare Against The Industry?

I prefer to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For GBM Resources, its most recent earnings (trailing twelve month) is -AU$1.54M, which, in comparison to the prior year's figure, has turned from positive to negative. … Each year, for the past five years GBM Resources has seen an annual decline in revenue of -16.72%, on average.

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Why GBM Resources Limited's (ASX:GBZ) Ownership Structure Is Important

Check out our latest analysis for GBM Resources ASX:GBZ Ownership_summary Feb 8th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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GBM Resources Limited (ASX:GBZ) And The Basic Materials Sector Outlook 2018

ASX:GBZ PE PEG Gauge Jan 11th 18 The metals and mining industry is trading at a PE ratio of 15x, in-line with the Australian stock market PE of 18x. … If your initial investment thesis is around the growth prospects of GBM Resources, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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Company Info

Description

GBM Resources Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, silver, copper, 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 2,600 square kilometers in seven project areas in Queensland and Victoria. The company was incorporated in 2007 and is based in Mt Pleasant, Australia.

Details
Name: GBM Resources Limited
GBZ
Exchange: ASX
Founded: 2007
A$6,543,581
1,090,596,975
Website: http://www.gbmr.com.au
Address: GBM Resources Limited
7 The Esplanade,
Suite 8,
Mt Pleasant,
Western Australia, 6153,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX GBZ Ordinary Shares Australian Securities Exchange AU AUD 24. Oct 2007
CHIA GBZ Ordinary Shares Chi-X Australia AU AUD 24. Oct 2007
Number of employees
Current staff
Staff numbers
0
GBM Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:33
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.