Great Northern Minerals Limited explores for and develops gold mineral properties.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.008|
|52 Week High||AU$0.008|
|52 Week Low||AU$0.02|
|1 Month Change||0%|
|3 Month Change||-27.27%|
|1 Year Change||-50.00%|
|3 Year Change||-80.00%|
|5 Year Change||-96.36%|
|Change since IPO||-99.20%|
Recent News & Updates
Are Insiders Buying Great Northern Minerals Limited (ASX:GNM) Stock?
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
|GNM||AU Metals and Mining||AU Market|
Return vs Industry: GNM underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: GNM underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: GNM is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: GNM's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Great Northern Minerals Limited explores for and develops gold mineral properties. It has 100% interests in the Golden Ant Project comprising Camel Creek, Golden Cup, and Big Rush located in Northern Queensland. The company was formerly known as Greenpower Energy Limited and changed its name to Great Northern Minerals Limited in October 2019.
Great Northern Minerals Fundamentals Summary
|GNM fundamental statistics|
Is GNM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GNM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0029|
|Net Profit Margin||0.00%|
How did GNM perform over the long term?See historical performance and comparison
Is Great Northern Minerals 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 GNM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GNM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GNM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GNM 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 GNM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GNM is good value based on its PB Ratio (2.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Great Northern Minerals 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 Great Northern 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.
How has Great Northern Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GNM is currently unprofitable.
Growing Profit Margin: GNM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GNM is unprofitable, but has reduced losses over the past 5 years at a rate of 0.7% per year.
Accelerating Growth: Unable to compare GNM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GNM 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: GNM has a negative Return on Equity (-100.56%), as it is currently unprofitable.
How is Great Northern Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: GNM's short term assets (A$2.3M) exceed its short term liabilities (A$151.2K).
Long Term Liabilities: GNM's short term assets (A$2.3M) exceed its long term liabilities (A$274.4K).
Debt to Equity History and Analysis
Debt Level: GNM is debt free.
Reducing Debt: GNM had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GNM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GNM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.3% each year
What is Great Northern Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GNM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GNM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GNM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GNM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GNM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Cameron McLean serves as Chief Executive Officer, Managing Director and Director at Great Northern Minerals Limited (Formerly known as Greenpower Energy Ltd.) since October 12, 2018. Mr. McLean is a se...
CEO Compensation Analysis
Compensation vs Market: Cameron's total compensation ($USD164.17K) is below average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Cameron's compensation has increased whilst the company is unprofitable.
Experienced Management: GNM's management team is considered experienced (2.6 years average tenure).
Experienced Board: GNM's board of directors are not considered experienced ( 2.3 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: GNM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.9%.
Great Northern Minerals Limited's employee growth, exchange listings and data sources
- Name: Great Northern Minerals Limited
- Ticker: GNM
- Exchange: ASX
- Founded: 1899
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$10.881m
- Shares outstanding: 1.21b
- Website: https://www.greatnorthernminerals.com.au
- Great Northern Minerals Limited
- 33 Colin Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 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.