ASX:GMN

Stock Analysis Report

Executive Summary

Gold Mountain Limited acquires, explores for, and develops mineral properties in Australia, Papua New Guinea, and Peru.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Risks

  • Gold Mountain has significant price volatility in the past 3 months.
  • Gold Mountain is not covered by any analysts.

Share Price & News

How has Gold Mountain's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

ASX:GMN

-5.3%

AU Metals and Mining

-1.7%

AU Market


1 Year Return

-54.5%

ASX:GMN

11.4%

AU Metals and Mining

1.5%

AU Market

GMN underperformed the Metals and Mining industry which returned 11.4% over the past year.

GMN underperformed the Market in Australia which returned 1.5% over the past year.


Share holder returns

GMNIndustryMarket
7 Day0%-5.3%-1.7%
30 Day-27.5%-11.8%-3.2%
90 Day-13.8%-1.9%-0.1%
1 Year-54.5%-54.5%19.1%11.4%7.3%1.5%
3 Year-69.7%-69.7%63.9%46.1%30.7%13.8%
5 Year78.6%78.6%38.6%8.0%37.6%7.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Gold Mountain undervalued based on future cash flows and its price relative to the stock market?

1.37x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Gold Mountain to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Gold Mountain to establish if it is available at substantial discount.


Price Based on Earnings

Gold Mountain is loss making, we can't compare its value to the AU Metals and Mining industry average.

Gold Mountain is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Gold Mountain, we can't assess if its growth is good value.


Price Based on Value of Assets

Gold Mountain is good value based on assets compared to the AU Metals and Mining industry average.


Next Steps

Future Growth

How is Gold Mountain expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.9%

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.


Next Steps

Past Performance

How has Gold Mountain performed over the past 5 years?

-13.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gold Mountain does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Gold Mountain's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Gold Mountain's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Gold Mountain has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Gold Mountain has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Gold Mountain improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Gold Mountain's financial position?


Financial Position Analysis

Gold Mountain's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Gold Mountain's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Gold Mountain's level of debt (1.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (28.9% vs 1.9% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.4x debt.


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.

Gold Mountain has less than a year of cash runway based on current free cash flow.

Gold Mountain has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.6% each year.


Next Steps

Dividend

What is Gold Mountain's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Gold Mountain's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Gold Mountain's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Gold Mountain has not reported any payouts.

Unable to verify if Gold Mountain's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Gold Mountain has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Gold Mountain's salary, the management and board of directors tenure and is there insider trading?

5.1yrs

Average board tenure


CEO

Tony Teng (65yo)

3.6yrs

Tenure

AU$144,664

Compensation

Mr. Sin Pyng Teng, also known as Tony, has been Managing Director at Gold Mountain Limited since 2016 and has been its Director since July 9, 2014. He is a Certified Practising Accountant, a Fellow of the  ...


CEO Compensation Analysis

Tony's remuneration is lower than average for companies of similar size in Australia.

Tony's compensation has increased whilst company is loss making.


Board Age and Tenure

5.1yrs

Average Tenure

The tenure for the Gold Mountain board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyAU$7,54020 Jan 19
Sin Teng
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares100,000
Max PriceAU$0.075

Ownership Breakdown


Management Team

  • Tony Teng (65yo)

    MD & Director

    • Tenure: 3.6yrs
    • Compensation: AU$144.66k
  • Eric Kam

    Company Secretary

    • Tenure: 5.1yrs
    • Compensation: AU$108.00k
  • Doug Macdonald Smith

    Exploration & In-Country Operations Director and Director

    • Tenure: 2.7yrs
    • Compensation: AU$233.14k

Board Members

  • Tony Teng (65yo)

    MD & Director

    • Tenure: 3.6yrs
    • Compensation: AU$144.66k
  • Graham Kavanagh

    Chairman

    • Tenure: 5.1yrs
    • Compensation: AU$71.52k
  • Doug Macdonald Smith

    Exploration & In-Country Operations Director and Director

    • Tenure: 2.7yrs
    • Compensation: AU$233.14k

Company Information

Gold Mountain Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gold Mountain Limited
  • Ticker: GMN
  • Exchange: ASX
  • Founded: 2005
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$26.772m
  • Shares outstanding: 535.44m
  • Website: https://www.goldmountainltd.com.au

Location

  • Gold Mountain Limited
  • St Martins Tower
  • Suite 2501
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GMNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2011
GMNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 2011
8CGBST (Boerse-Stuttgart)YesOrdinary SharesDEEURSep 2011

Biography

Gold Mountain Limited acquires, explores for, and develops mineral properties in Australia, Papua New Guinea, and Peru. The company explores for gold, copper, and precious and base metal ores. Its flagship ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 10:35
End of Day Share Price2019/08/20 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.