Gold Mountain Limited acquires, explores for, and develops mineral properties in Australia and Papua New Guinea.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.02|
|52 Week High||AU$0.018|
|52 Week Low||AU$0.05|
|1 Month Change||0%|
|3 Month Change||-4.76%|
|1 Year Change||-50.00%|
|3 Year Change||-75.90%|
|5 Year Change||-85.19%|
|Change since IPO||-90.48%|
Recent News & Updates
|GMN||AU Metals and Mining||AU Market|
Return vs Industry: GMN underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.
Return vs Market: GMN underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: GMN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: GMN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Gold Mountain Limited acquires, explores for, and develops mineral properties in Australia and Papua New Guinea. The company explores for gold, copper, and precious and base metal ores. Its flagship property is the Wabag project comprising 7 exploration licenses covering an area of approximately 1,456 square kilometers located in the Enga Province, Papua New Guinea.
Gold Mountain Fundamentals Summary
|GMN fundamental statistics|
Is GMN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GMN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0013|
|Net Profit Margin||-177.00%|
How did GMN perform over the long term?See historical performance and comparison
Is Gold Mountain 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 GMN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GMN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GMN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GMN 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 GMN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GMN is good value based on its PB Ratio (0.8x) compared to the AU Metals and Mining industry average (2.6x).
How is Gold Mountain 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 Gold Mountain 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 Gold Mountain performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GMN is currently unprofitable.
Growing Profit Margin: GMN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GMN is unprofitable, and losses have increased over the past 5 years at a rate of 3.1% per year.
Accelerating Growth: Unable to compare GMN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GMN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: GMN has a negative Return on Equity (-5.03%), as it is currently unprofitable.
How is Gold Mountain's financial position?
Financial Position Analysis
Short Term Liabilities: GMN's short term assets (A$914.1K) do not cover its short term liabilities (A$1.4M).
Long Term Liabilities: GMN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GMN's debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: GMN's debt to equity ratio has increased from 0.1% to 2.1% over the 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: GMN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GMN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year
What is Gold Mountain current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GMN'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 GMN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GMN'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 GMN'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
Mr. Tim Cameron is the Chief Executive Officer of Gold Mountain Limited since October 25, 2019 and serves as its Executive Director since December 01, 2020. Mr Cameron’s previous work has seen him involved...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD155.02K) is below average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
Experienced Board: GMN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 55.2%.
Gold Mountain Limited's employee growth, exchange listings and data sources
- Name: Gold Mountain Limited
- Ticker: GMN
- Exchange: ASX
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Market Cap: AU$21.403m
- Shares outstanding: 1.07b
- Website: https://www.goldmountainltd.com.au
- Gold Mountain Limited
- 31 Market Street
- Suite 2501
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:04|
|End of Day Share Price||2021/10/22 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.