Gibb River Diamonds Limited engages in the development and exploration of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.079|
|52 Week High||AU$0.051|
|52 Week Low||AU$0.19|
|1 Month Change||6.76%|
|3 Month Change||33.90%|
|1 Year Change||-36.80%|
|3 Year Change||58.00%|
|5 Year Change||163.33%|
|Change since IPO||-86.61%|
Recent News & Updates
There Are Some Holes In Gibb River Diamonds' (ASX:GIB) Solid Earnings Release
Gibb River Diamonds Limited ( ASX:GIB ) posted some decent earnings, but shareholders didn't react strongly. Our...
|GIB||AU Metals and Mining||AU Market|
Return vs Industry: GIB underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: GIB underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: GIB is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: GIB's weekly volatility (11%) has been stable over the past year.
About the Company
Gibb River Diamonds Limited engages in the development and exploration of mineral properties in Australia. The company holds 100% interests in the Ellendale Diamond project located in Kimberley Region, Western Australia; and the Highland Plains Phosphate project situated in Northern Territory, Australia. It also holds a 20% interest in the Horse Well Gold project located to the north-east of Wiluna, Western Australia.
Gibb River Diamonds Fundamentals Summary
|GIB fundamental statistics|
Is GIB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GIB income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0093|
|Net Profit Margin||608.24%|
How did GIB perform over the long term?See historical performance and comparison
Is Gibb River Diamonds undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GIB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GIB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GIB is good value based on its PE Ratio (8.5x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: GIB is good value based on its PE Ratio (8.5x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GIB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GIB is good value based on its PB Ratio (2x) compared to the AU Metals and Mining industry average (2.6x).
How is Gibb River Diamonds 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 Gibb River Diamonds 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 Gibb River Diamonds performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GIB has a high level of non-cash earnings.
Growing Profit Margin: GIB became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GIB has become profitable over the past 5 years, growing earnings by 46.7% per year.
Accelerating Growth: GIB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GIB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: GIB's Return on Equity (23.1%) is considered high.
How is Gibb River Diamonds's financial position?
Financial Position Analysis
Short Term Liabilities: GIB's short term assets (A$2.4M) exceed its short term liabilities (A$229.5K).
Long Term Liabilities: GIB's short term assets (A$2.4M) exceed its long term liabilities (A$8.4K).
Debt to Equity History and Analysis
Debt Level: GIB is debt free.
Reducing Debt: GIB has not had any debt for past 5 years.
Debt Coverage: GIB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GIB has no debt, therefore coverage of interest payments is not a concern.
What is Gibb River Diamonds's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GIB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GIB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GIB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GIB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GIB's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jim Richards (57 yo)
Mr. James McArthur Richards, also known as Jim, B.Sc. Hons (Geology), MAusIMM, served as the Chief Executive Officer of United Minerals Corporation NL from December 9, 2004 to November 1, 2007 and served a...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD269.08K) is about average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Experienced Board: GIB's board of directors are seasoned and experienced ( 13 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GIB 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 5.2%.
Gibb River Diamonds Limited's employee growth, exchange listings and data sources
- Name: Gibb River Diamonds Limited
- Ticker: GIB
- Exchange: ASX
- Founded: 2008
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$16.709m
- Shares outstanding: 211.51m
- Website: https://www.gibbriverdiamonds.com
Number of Employees
- Gibb River Diamonds Limited
- 1/16 Ord Street
- Ground Floor
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:28|
|End of Day Share Price||2021/10/20 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.