ASX:GSN

Stock Analysis Report

Great Southern Mining

Executive Summary

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

Snowflake

Fundamentals

Mediocre 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


Market Performance


7 Day Return

6.7%

GSN

-3.4%

AU Metals and Mining

0.4%

AU Market


1 Year Return

77.8%

GSN

8.1%

AU Metals and Mining

9.8%

AU Market

Return vs Industry: GSN exceeded the Australian Metals and Mining industry which returned 8.1% over the past year.

Return vs Market: GSN exceeded the Australian Market which returned 9.8% over the past year.


Shareholder returns

GSNIndustryMarket
7 Day6.7%-3.4%0.4%
30 Day20.8%-7.4%-1.3%
90 Day20.8%-13.2%-0.5%
1 Year77.8%77.8%15.6%8.1%16.1%9.8%
3 Yearn/a55.8%37.1%36.1%17.9%
5 Yearn/a53.9%19.0%49.4%15.7%

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?

4.82x

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 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 (4.8x) compared to the AU Metals and Mining industry average (1.5x).


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?

2.9%

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

  • Take a look at our analysis of GSN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Great Southern Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Materials industry.

Past Performance

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

11.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GSN is unprofitable, but has reduced losses over the past 5 years at a rate of 11.7% 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 (1.3%).


Return on Equity

High ROE: GSN has a negative Return on Equity (-35.64%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: GSN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GSN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Great Southern Mining's financial position?


Financial Position Analysis

Short Term Liabilities: GSN's short term assets (A$239.5K) do not cover its short term liabilities (A$602.0K)

Long Term Liabilities: GSN has no long term liabilities


Debt to Equity History and Analysis

Debt Level: GSN is debt free.

Reducing Debt: GSN had no debt 5 years ago.


Balance Sheet

Inventory Level: GSN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GSN's debt is covered by short term assets.


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GSN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -52.8% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Great Southern Mining's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average board tenure


CEO

John Terpu 0

0yrs

Tenure

AU$269,647

Compensation

Mr. John Sotirious Terpu, M.A.I.C.D, has been an Executive Chairman of Great Southern Mining Limited (formerly, Forte Consolidated Limited) since July 1, 2013 and serves as its Chief Executive Officer. Mr. ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether John's total compensation is reasonable compared to companies of similar size in the Australian market.

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

1.5yrs

Average Tenure

Experienced Board: GSN's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: GSN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$25,00002 Oct 19
John Terpu
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares500,000
Max PriceAU$0.05
BuyAU$7,00017 Apr 19
John Terpu
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares200,000
Max PriceAU$0.035
BuyAU$26,82705 Apr 19
John Terpu
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares811,052
Max PriceAU$0.035
BuyAU$9,26629 Mar 19
John Terpu
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares288,948
Max PriceAU$0.032
BuyAU$5,80016 Nov 18
John Terpu
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares145,000
Max PriceAU$0.04
BuyAU$7,42412 Nov 18
John Terpu
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares196,634
Max PriceAU$0.04

Ownership Breakdown


Management Team

  • John Terpu

    Executive Chairman & CEO

    • Tenure: 0yrs
    • Compensation: AU$269.65k
  • Mark Petricevic

    CFO & Company Secretary

    • Tenure: 1.5yrs
    • Compensation: AU$209.49k
  • Bryce Healy

    Head of Exploration

    • Tenure: 1.4yrs

Board Members

  • John Terpu

    Executive Chairman & CEO

    • Tenure: 0yrs
    • Compensation: AU$269.65k
  • Andy Caruso

    Non-Executive Director

    • Tenure: 1.5yrs
    • Compensation: AU$38.33k
  • Kathleen Bozanic

    Non-Executive Director

    • Tenure: 1.5yrs
    • Compensation: AU$38.33k

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$19.806m
  • Shares outstanding: 304.71m
  • 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 Analysis2019/10/21 10:36
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
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.