ASX:GGG

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Greenland Minerals

Market Cap

AU$154.3m

Last Updated

2021/06/13 08:18 UTC

Data Sources

Company Financials

Executive Summary

Greenland Minerals Limited acquires explores, develops, and commercializes mineral properties in Australia. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.


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Share Price & News

How has Greenland Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GGG is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 23% a week.

Volatility Over Time: GGG's weekly volatility has increased from 16% to 23% over the past year.


Market Performance


7 Day Return

16.2%

GGG

1.1%

AU Metals and Mining

0.5%

AU Market


1 Year Return

-4.2%

GGG

39.9%

AU Metals and Mining

29.7%

AU Market

Return vs Industry: GGG underperformed the Australian Metals and Mining industry which returned 39.9% over the past year.

Return vs Market: GGG underperformed the Australian Market which returned 29.7% over the past year.


Shareholder returns

GGGIndustryMarket
7 Day16.2%1.1%0.5%
30 Day27.8%0.4%4.8%
90 Day-34.3%7.1%7.8%
1 Year-4.2%-4.2%47.3%39.9%34.0%29.7%
3 Year51.3%51.3%73.1%48.7%36.1%19.8%
5 Year259.4%259.4%177.3%127.0%73.3%40.3%

Long-Term Price Volatility Vs. Market

How volatile is Greenland Minerals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Greenland Minerals undervalued compared to its fair value and its price relative to the market?

1.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GGG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GGG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GGG is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: GGG 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 GGG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GGG is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.7x).


Future Growth

How is Greenland Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-3.2%

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 Greenland Minerals 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.


Past Performance

How has Greenland Minerals performed over the past 5 years?

0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GGG is currently unprofitable.

Growing Profit Margin: GGG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GGG is unprofitable, but has reduced losses over the past 5 years at a rate of 0.3% per year.

Accelerating Growth: Unable to compare GGG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GGG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.6%).


Return on Equity

High ROE: GGG has a negative Return on Equity (-2.47%), as it is currently unprofitable.


Financial Health

How is Greenland Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: GGG's short term assets (A$36.7M) exceed its short term liabilities (A$2.2M).

Long Term Liabilities: GGG's short term assets (A$36.7M) exceed its long term liabilities (A$346.0K).


Debt to Equity History and Analysis

Debt Level: GGG is debt free.

Reducing Debt: GGG has not had any debt for 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: GGG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: GGG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 12.6% each year


Dividend

What is Greenland Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GGG'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 GGG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GGG'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 GGG'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?

8.2yrs

Average board tenure


CEO

John Mair

6.75yrs

Tenure

AU$413,088

Compensation

Dr. John Lefroy Mair, PhD (Econ Geol), Member AusIMM), has been a Non-Executive Independent Director of Rox Resources Limited since October 24, 2019. After completing the Ph.D. in 2004, Dr. Mair returned t...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD317.86K) is about average for companies of similar size in the Australian market ($USD282.59K).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: GGG's board of directors are considered experienced (8.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GGG 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 12.6%.


Top Shareholders

Company Information

Greenland Minerals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Greenland Minerals Limited
  • Ticker: GGG
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$154.279m
  • Shares outstanding: 1.34b
  • Website: https://www.ggg.gl

Number of Employees


Location

  • Greenland Minerals Limited
  • 100 Railway Road
  • Unit 7
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Biography

Greenland Minerals Limited acquires explores, develops, and commercializes mineral properties in Australia. The company primarily explores for rare earth elements, uranium, zinc, and fluorspar. It owns a 1...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/13 08:18
End of Day Share Price2021/06/11 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.