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GIB

Gibb River DiamondsASX:GIB Stock Report

Market Cap

AU$16.7m

7D

-12.2%

1Y

-36.8%

Updated

20 Oct, 2021

Data

Company Financials
GIB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

GIB Overview

Gibb River Diamonds Limited engages in the development and exploration of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Gibb River Diamonds
Historical stock prices
Current Share PriceAU$0.079
52 Week HighAU$0.051
52 Week LowAU$0.19
Beta0.96
1 Month Change6.76%
3 Month Change33.90%
1 Year Change-36.80%
3 Year Change58.00%
5 Year Change163.33%
Change since IPO-86.61%

Recent News & Updates

Oct 06
There Are Some Holes In Gibb River Diamonds' (ASX:GIB) Solid Earnings Release

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...

Shareholder Returns

GIBAU Metals and MiningAU Market
7D-12.2%3.6%1.7%
1Y-36.8%11.3%20.2%

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.

Price Volatility

Is GIB's price volatile compared to industry and market?
GIB volatility
GIB Beta0.96
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
20085Jim Richardshttps://www.gibbriverdiamonds.com

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

How do Gibb River Diamonds's earnings and revenue compare to its market cap?
GIB fundamental statistics
Market CapAU$16.71m
Earnings (TTM)AU$1.98m
Revenue (TTM)AU$325.00k

8.5x

P/E Ratio

51.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GIB income statement (TTM)
RevenueAU$325.00k
Cost of RevenueAU$0
Gross ProfitAU$325.00k
Expenses-AU$1.65m
EarningsAU$1.98m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0093
Gross Margin100.00%
Net Profit Margin608.24%
Debt/Equity Ratio0%

How did GIB perform over the long term?

See historical performance and comparison

Valuation

Is Gibb River Diamonds undervalued compared to its fair value and its price relative to the market?

8.46x

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).


Future Growth

How is Gibb River Diamonds forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

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.


Past Performance

How has Gibb River Diamonds performed over the past 5 years?

46.7%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.0yrs

Average board tenure


CEO

Jim Richards (57 yo)

no data

Tenure

AU$359,900

Compensation

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.


Board Members

Experienced Board: GIB's board of directors are seasoned and experienced ( 13 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.


Top Shareholders

Company Information

Gibb River Diamonds Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Gibb River Diamonds Limited
  • 1/16 Ord Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:28
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.