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GNM

Great Northern MineralsASX:GNM Stock Report

Market Cap

AU$10.9m

7D

0%

1Y

-50.0%

Updated

26 Oct, 2021

Data

Company Financials
GNM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

GNM Overview

Great Northern Minerals Limited explores for and develops gold mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Great Northern Minerals
Historical stock prices
Current Share PriceAU$0.008
52 Week HighAU$0.008
52 Week LowAU$0.02
Beta0.14
1 Month Change0%
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

Jan 31
Are Insiders Buying Great Northern Minerals Limited (ASX:GNM) Stock?

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...

Shareholder Returns

GNMAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Y-50.0%15.6%24.4%

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.

Price Volatility

Is GNM's price volatile compared to industry and market?
GNM volatility
GNM Beta0.14
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
1899n/aCameron McLeanhttps://www.greatnorthernminerals.com.au

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

How do Great Northern Minerals's earnings and revenue compare to its market cap?
GNM fundamental statistics
Market CapAU$10.88m
Earnings (TTM)-AU$3.51m
Revenue (TTM)n/a

0x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GNM income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$3.51m
Earnings-AU$3.51m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0029
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GNM perform over the long term?

See historical performance and comparison

Valuation

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

2.05x

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).


Future Growth

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

-0.5%

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.


Past Performance

How has Great Northern Minerals performed over the past 5 years?

0.7%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Cameron McLean

3yrs

Tenure

AU$219,000

Compensation

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.


Leadership Team

Experienced Management: GNM's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: GNM's board of directors are not considered experienced ( 2.3 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: GNM insiders have only sold shares 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 33.9%.


Top Shareholders

Company Information

Great Northern Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Great Northern Minerals Limited
  • 33 Colin Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:01
End of Day Share Price2021/10/26 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.