ASX:GBZ

Stock Analysis Report

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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

GBZIndustryMarket
7 Day36.7%0.09%0.5%
30 Day24.2%-0.7%5.0%
90 Day105.0%-0.9%2.9%
1 Year341.9%310.0%22.9%17.4%-2.3%-5.6%
3 Year120.9%105.0%63.3%41.1%12.4%-1.2%
5 Year7.2%-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

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

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

NamePositionTenureCompensationOwnership
Peter Mullens
Executive Chairman0.92yrAU$163.55k2.42%
A$ 1.6m
Peter Rohner
MD & Executive Director0.92yrAU$163.55k2.34%
A$ 1.6m
Peter Thompson
Executive Directorno dataAU$123.15k2.34%
A$ 1.6m
Brent Cook
Independent Non-Executive Director0.083yrno datano data
Guan Loh
Non-Executive Deputy Chairman1.83yrsno data1.85%
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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBZASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2007
GBZCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2007
36GDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 10:42
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.