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GSN

Great Southern MiningASX:GSN Stock Report

Market Cap

AU$37.4m

7D

-3.8%

1Y

-21.1%

Updated

20 Oct, 2021

Data

Company Financials
GSN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

GSN Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Great Southern Mining
Historical stock prices
Current Share PriceAU$0.075
52 Week HighAU$0.038
52 Week LowAU$0.10
Beta1.51
1 Month Change50.00%
3 Month Change47.06%
1 Year Change-21.05%
3 Year Change102.70%
5 Year Changen/a
Change since IPO-68.75%

Recent News & Updates

Shareholder Returns

GSNAU Metals and MiningAU Market
7D-3.8%3.6%1.7%
1Y-21.1%11.3%20.2%

Return vs Industry: GSN underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: GSN underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is GSN's price volatile compared to industry and market?
GSN volatility
GSN Beta1.51
Industry Beta0.97
Market Beta1

Stable Share Price: GSN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: GSN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011n/aSean Gregoryhttps://www.gsml.com.au

Great Southern Mining Limited primarily engages in the exploration and evaluation of gold deposits in Australia. The company also explores for silver, nickel, and other minerals. It holds a 100% interest in the Mon Ami gold project, the Cox's Find project, and the Duketon gold project, Southern Star project, and East Laverton project located in Western Australia.

Great Southern Mining Fundamentals Summary

How do Great Southern Mining's earnings and revenue compare to its market cap?
GSN fundamental statistics
Market CapAU$37.42m
Earnings (TTM)-AU$4.57m
Revenue (TTM)n/a

0x

P/S Ratio

-8.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GSN income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$4.57m
Earnings-AU$4.57m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.009
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio1.8%

How did GSN perform over the long term?

See historical performance and comparison

Valuation

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

5.13x

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 Australian 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 (5.1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

0.7%

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.


Past Performance

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

-53.3%

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 53.3% 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 (35.3%).


Return on Equity

High ROE: GSN has a negative Return on Equity (-61.79%), as it is currently unprofitable.


Financial Health

How is Great Southern Mining's financial position?


Financial Position Analysis

Short Term Liabilities: GSN's short term assets (A$1.4M) do not cover its short term liabilities (A$1.5M).

Long Term Liabilities: GSN's short term assets (A$1.4M) exceed its long term liabilities (A$225.0K).


Debt to Equity History and Analysis

Debt Level: GSN's debt to equity ratio (1.8%) 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 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 32.8% each year


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?

1.1yrs

Average management tenure


CEO

Sean Gregory

1.08yrs

Tenure

AU$412,977

Compensation

Mr. Sean Michael Gregory, BSc (Hons) MBA, serves as Chief Executive Officer at Great Southern Mining Limited since September 02, 2020. Mr. Gregory serves as Non-Executive Director at Kogi Iron Limited sinc...


CEO Compensation Analysis

Compensation vs Market: Sean's total compensation ($USD308.77K) is about average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Insufficient data to compare Sean's compensation with company performance.


Leadership Team

Experienced Management: GSN's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: GSN's board of directors are considered experienced (3.5 years average tenure).


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 23.6%.


Top Shareholders

Company Information

Great Southern Mining Limited's 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$37.419m
  • Shares outstanding: 505.66m
  • Website: https://www.gsml.com.au

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:03
End of Day Share Price2021/10/20 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.