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GMN

Gold MountainASX:GMN Stock Report

Market Cap

AU$21.4m

7D

0%

1Y

-50.0%

Updated

22 Oct, 2021

Data

Company Financials
GMN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

GMN Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Gold Mountain
Historical stock prices
Current Share PriceAU$0.02
52 Week HighAU$0.018
52 Week LowAU$0.05
Beta0.92
1 Month Change0%
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

Shareholder Returns

GMNAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Y-50.0%12.5%21.4%

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.

Price Volatility

Is GMN's price volatile compared to industry and market?
GMN volatility
GMN Beta0.92
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2005n/aTim Cameronhttps://www.goldmountainltd.com.au

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

How do Gold Mountain's earnings and revenue compare to its market cap?
GMN fundamental statistics
Market CapAU$21.40m
Earnings (TTM)-AU$1.39m
Revenue (TTM)AU$788.12k

27.4x

P/S Ratio

-15.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GMN income statement (TTM)
RevenueAU$788.12k
Cost of RevenueAU$0
Gross ProfitAU$788.12k
ExpensesAU$2.18m
Earnings-AU$1.39m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0013
Gross Margin100.00%
Net Profit Margin-177.00%
Debt/Equity Ratio2.1%

How did GMN perform over the long term?

See historical performance and comparison

Valuation

Is Gold Mountain undervalued compared to its fair value and its price relative to the market?

0.77x

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).


Future Growth

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

-0.07%

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.


Past Performance

How has Gold Mountain performed over the past 5 years?

-3.1%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

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

1.4yrs

Average board tenure


CEO

Tim Cameron

2yrs

Tenure

AU$207,004

Compensation

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.


Board Members

Experienced Board: GMN's board of directors are not considered experienced ( 1.4 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 substantially diluted in the past year, with total shares outstanding growing by 55.2%.


Top Shareholders

Company Information

Gold Mountain Limited's 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$21.403m
  • Shares outstanding: 1.07b
  • Website: https://www.goldmountainltd.com.au

Location

  • Gold Mountain Limited
  • 31 Market Street
  • Suite 2501
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:04
End of Day Share Price2021/10/22 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.