Golden Deeps Limited invests in, develops, and explores for mineral deposits in Australia, Namibia, and Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.012|
|52 Week High||AU$0.009|
|52 Week Low||AU$0.017|
|1 Month Change||9.09%|
|3 Month Change||9.09%|
|1 Year Change||-14.29%|
|3 Year Change||-74.47%|
|5 Year Change||-7.69%|
|Change since IPO||-98.31%|
Recent News & Updates
|GED||AU Metals and Mining||AU Market|
Return vs Industry: GED underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: GED underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: GED is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: GED's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Golden Deeps Limited invests in, develops, and explores for mineral deposits in Australia, Namibia, and Canada. It explores for gold, silver, copper, vanadium, lead, zinc, and cobalt deposits. The company holds 100% interests in the Havilah Project that consists of three granted tenement blocks of approximately 102 square kilometers; and the Tuckers Hill Project that covers approximately 140 square kilometers located in the Lachlan Fold Belt, New South Wales.
Golden Deeps Fundamentals Summary
|GED fundamental statistics|
Is GED overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GED income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00085|
|Net Profit Margin||-2,578.40%|
How did GED perform over the long term?See historical performance and comparison
Is Golden Deeps undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GED's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GED's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GED is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GED 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 GED's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GED is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.6x).
How is Golden Deeps 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 Golden Deeps 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 Golden Deeps performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GED is currently unprofitable.
Growing Profit Margin: GED is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GED is unprofitable, but has reduced losses over the past 5 years at a rate of 7.5% per year.
Accelerating Growth: Unable to compare GED's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GED is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: GED has a negative Return on Equity (-9.56%), as it is currently unprofitable.
How is Golden Deeps's financial position?
Financial Position Analysis
Short Term Liabilities: GED's short term assets (A$3.1M) exceed its short term liabilities (A$239.8K).
Long Term Liabilities: GED has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GED is debt free.
Reducing Debt: GED has no debt compared to 5 years ago when its debt to equity ratio was 8.5%.
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: GED has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GED has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.6% each year
What is Golden Deeps's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GED's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GED'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 GED's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GED'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 GED'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 board tenure
Mr. Lawrence Jonathon Dugdale, also known as Jon, BSc (Hons 1), FAUSIMM, MAICD, serves as Chief Executive Officer at Golden Deeps Limited since June 1, 2021. Mr. Dugdale serves as Chief Executive Officer a...
Experienced Board: GED's board of directors are considered experienced (5.4 years average tenure).
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 diluted in the past year, with total shares outstanding growing by 44.1%.
Golden Deeps Limited's employee growth, exchange listings and data sources
- Name: Golden Deeps Limited
- Ticker: GED
- Exchange: ASX
- Founded: 1991
- Industry: Gold
- Sector: Materials
- Market Cap: AU$9.310m
- Shares outstanding: 775.85m
- Website: https://www.goldendeeps.com
- Golden Deeps Limited
- 8 Parliament Place
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/18 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.