ASX:GMD

Stock Analysis Report

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Executive Summary

Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GMD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GMD's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-3.7%

GMD

4.6%

AU Metals and Mining

1.3%

AU Market


1 Year Return

143.8%

GMD

14.7%

AU Metals and Mining

-1.7%

AU Market

Return vs Industry: GMD exceeded the Australian Metals and Mining industry which returned 14.7% over the past year.

Return vs Market: GMD exceeded the Australian Market which returned -1.7% over the past year.


Shareholder returns

GMDIndustryMarket
7 Day-3.7%4.6%1.3%
30 Day-7.1%9.5%10.4%
90 Day6.8%2.7%8.8%
1 Year151.7%143.8%20.8%14.7%1.7%-1.7%
3 Year183.3%169.0%59.4%37.5%23.1%7.9%
5 Year310.7%290.0%200.7%143.5%57.2%26.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

9.94x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GMD is overvalued based on its PB Ratio (9.9x) compared to the AU Metals and Mining industry average (2.5x).


Next Steps

Future Growth

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

2.7%

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 Genesis 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.


Next Steps

Past Performance

How has Genesis Minerals performed over the past 5 years?

-40.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GMD is currently unprofitable.

Growing Profit Margin: GMD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GMD is unprofitable, and losses have increased over the past 5 years at a rate of 40.9% per year.

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

Earnings vs Industry: GMD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).


Return on Equity

High ROE: GMD has a negative Return on Equity (-89.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is Genesis Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: GMD's short term assets (A$11.3M) exceed its short term liabilities (A$665.0K).

Long Term Liabilities: GMD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GMD is debt free.

Reducing Debt: GMD 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: GMD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GMD has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 35.8% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

2.7yrs

Average board tenure


CEO

Michael Fowler

13.42yrs

Tenure

AU$304,248

Compensation

Mr. Michael John Fowler, BSc(Geol), MSc (Ore Deposit Geology) UWA, MAusIMM, serves as the Chief Executive Officer and Managing Director for Genesis Minerals Limited. Mr. Fowler served as the Chief Executiv...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD224.92K) is about average for companies of similar size in the Australian market ($USD282.32K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Michael Fowler
MD, CEO & Director13.42yrsAU$304.25k0.72%
A$ 1.1m
Gerard Kaczmarek
Non-Executive Director2.67yrsAU$46.94k0.055%
A$ 83.6k
Craig Bradshaw
Non-Executive Director3.17yrsAU$36.67kno data
Thomas McKeith
Non-Executive Chairman2yrsAU$75.37k0.32%
A$ 482.3k
Nicolas Earner
Non-Executive Director1.08yrsAU$22.61kno data

2.7yrs

Average Tenure

Experienced Board: GMD's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Genesis Minerals Limited
  • Ticker: GMD
  • Exchange: ASX
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$151.149m
  • Shares outstanding: 1.94b
  • Website: https://genesisminerals.com.au

Location

  • Genesis Minerals Limited
  • 1 Clive Street
  • Unit 6
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GMDASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 2007
GMDCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 2007

Biography

Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. The company's flagship project is the Ulysses project located to the north of Kalgoorlie. Genesis ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 07:05
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.