Greenland Minerals Limited acquires explores, develops, and commercializes mineral properties in Australia. More Details
Flawless balance sheet and overvalued.
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.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
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.
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
3 weeks ago | Simply Wall StShareholders Will Probably Hold Off On Increasing Greenland Minerals Limited's (ASX:GGG) CEO Compensation For The Time Being
2 months ago | Simply Wall StCompanies Like Greenland Minerals (ASX:GGG) Can Afford To Invest In Growth
Is Greenland Minerals 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 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).
How is Greenland Minerals 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 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.
How has Greenland Minerals performed over the past 5 years?
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.
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$346.0K).
Debt to Equity History and Analysis
Debt Level: GGG is debt free.
Reducing Debt: GGG has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GGG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GGG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 12.6% each year
What is Greenland Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GGG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GGG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GGG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GGG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dr. John Lefroy Mair, PhD (Econ Geol), Member AusIMM), has been a Non-Executive Independent Director of Rox Resources Limited since October 24, 2019. After completing the Ph.D. in 2004, Dr. Mair returned t...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($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.
Experienced Board: GGG's board of directors are considered experienced (8.2 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.
Greenland Minerals Limited's company bio, employee growth, exchange listings and data sources
- 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
- Greenland Minerals Limited
- 100 Railway Road
- Unit 7
- Western Australia
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/13 08:18|
|End of Day Share Price||2021/06/11 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.