ASX:GSN

Stock Analysis Report

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Great Southern Mining

Executive Summary

Great Southern Mining Limited primarily engages in the exploration and evaluation of gold deposits in Australia. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Great Southern Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GSN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.3%

GSN

0.6%

AU Metals and Mining

-0.1%

AU Market


1 Year Return

122.2%

GSN

3.5%

AU Metals and Mining

-12.0%

AU Market

Return vs Industry: GSN exceeded the Australian Metals and Mining industry which returned 5.4% over the past year.

Return vs Market: GSN exceeded the Australian Market which returned -10.5% over the past year.


Shareholder returns

GSNIndustryMarket
7 Day14.3%0.6%-0.1%
30 Day-7.7%-4.3%-2.9%
90 Day25.0%11.0%1.1%
1 Year122.2%122.2%8.5%3.5%-8.7%-12.0%
3 Yearn/a68.0%44.7%17.7%2.6%
5 Year500.0%500.0%155.7%106.4%44.5%14.1%

Price Volatility Vs. Market

How volatile is Great Southern Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Great Southern Mining undervalued compared to its fair value and its price relative to the market?

6.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GSN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GSN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GSN is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.

PE vs Market: GSN 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 GSN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GSN is overvalued based on its PB Ratio (6.8x) compared to the AU Metals and Mining industry average (2.3x).


Next Steps

Future Growth

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

6.9%

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 Great Southern Mining 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 Great Southern Mining performed over the past 5 years?

-15.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GSN is currently unprofitable.

Growing Profit Margin: GSN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GSN is unprofitable, and losses have increased over the past 5 years at a rate of 15.2% per year.

Accelerating Growth: Unable to compare GSN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GSN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (7.8%).


Return on Equity

High ROE: GSN has a negative Return on Equity (-25.69%), as it is currently unprofitable.


Next Steps

Financial Health

How is Great Southern Mining's financial position?


Financial Position Analysis

Short Term Liabilities: GSN's short term assets (A$1.2M) do not cover its short term liabilities (A$1.8M).

Long Term Liabilities: GSN's short term assets (A$1.2M) exceed its long term liabilities (A$198.4K).


Debt to Equity History and Analysis

Debt Level: GSN's debt to equity ratio (8.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GSN's debt to equity ratio has reduced 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: GSN has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: GSN is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Great Southern Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GSN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GSN'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 GSN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GSN'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 GSN'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?

0.08yrs

Average management tenure


CEO

Sean Gregory

0.083

Tenure

Mr. Sean Michael Gregory, BSc (Hons) MBA serves as Chief Executive Officer at Great Southern Mining Limited since August 31, 2020. He has been Non-Executive Director at Barra Resources Ltd. since March 202 ...


Leadership Team

NamePositionTenureCompensationOwnership
John Terpu
Executive Chairman9.67yrsAU$269.65k30.63%
A$ 15.0m
Mark Petricevic
CFO & Company Secretary2.42yrsAU$209.49k0.37%
A$ 180.0k
Sean Gregory
Chief Executive Officer0.083yrno datano data
Octavio Garcia
Head of Exploration - Queensland0.083yrno datano data

0.08yrs

Average Tenure

Experienced Management: GSN's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
John Terpu
Executive Chairman9.67yrsAU$269.65k30.63%
A$ 15.0m
Andrew Caruso
Non-Executive Director2.42yrsAU$38.33k0.29%
A$ 144.0k
Kathleen Bozanic
Non-Executive Director2.42yrsAU$38.33k0.29%
A$ 144.0k

2.4yrs

Average Tenure

Experienced Board: GSN's board of directors are not considered experienced ( 2.4 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: GSN 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 diluted in the past year, with total shares outstanding growing by 34.8%.


Top Shareholders

Company Information

Great Southern Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Great Southern Mining Limited
  • Ticker: GSN
  • Exchange: ASX
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$49.091m
  • Shares outstanding: 409.10m
  • Website: https://www.gsml.com.au

Location

  • Great Southern Mining Limited
  • 213 Balcatta Road
  • Suite 4
  • Balcatta
  • Western Australia
  • 6021
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 2011
GSNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 2011

Biography

Great Southern Mining Limited primarily engages in the exploration and evaluation of gold deposits in Australia. The company also explores for silver, copper, and other minerals. It holds a 100% interest i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/17 19:04
End of Day Share Price2020/09/17 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.