Greenstone Resources (ASX:GSR) - Share price, News & Analysis

GSR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

GSR Stock Overview

Greenstone Resources Limited explores for and develops mineral resources projects in Western Australia.

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (A$0)

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

+ 1 more risk

Greenstone Resources Peers

Estrella Resources

ASX:ESR

AU$25.2m

Mithril Resources

ASX:MTH

AU$20.4m

Apollo Minerals

ASX:AON

AU$37.2m

Anax Metals

ASX:ANX

AU$35.2m

Price History & Performance

Summary of all time highs, changes and price drops for Greenstone Resources
Historical stock prices
Current Share Price	AU$0.035
52 Week High	AU$0.046
52 Week Low	AU$0.018
Beta	0.82
1 Month Change	-2.78%
3 Month Change	-5.41%
1 Year Change	59.09%
3 Year Change	29.63%
5 Year Change	-23.91%
Change since IPO	-85.42%

Recent News & Updates

May 14

Is Greenstone Resources (ASX:GSR) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Jan 27

Here's Why We're Watching Greenstone Resources' (ASX:GSR) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

	GSR	AU Metals and Mining	AU Market
7D	16.7%	-5.3%	-2.1%
1Y	59.1%	-1.7%	0.5%

Return vs Industry: GSR exceeded the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: GSR exceeded the Australian Market which returned 0.5% over the past year.

Price Volatility

Is GSR's price volatile compared to industry and market?
GSR volatility
GSR Average Weekly Movement	13.3%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	9.4%
10% most volatile stocks in AU Market	16.5%
10% least volatile stocks in AU Market	4.3%

Stable Share Price: GSR is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: GSR's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2000	6	Chris Hansen	https://greenstoneresources.com.au

Greenstone Resources Limited explores for and develops mineral resources projects in Western Australia. The company explores for gold, nickel, cobalt, and manganese deposits. It holds a 100% interest in the Burbanks gold project located at the southeast of Coolgardie; and the Phillips Find gold project located in north-northwest of Coolgardie.

Greenstone Resources Fundamentals Summary

How do Greenstone Resources's earnings and revenue compare to its market cap?
GSR fundamental statistics
Market Cap	AU$32.08m
Earnings (TTM)	-AU$1.31m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-24.6x

P/E Ratio

Is GSR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GSR income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$1.31m
Earnings	-AU$1.31m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0014
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did GSR perform over the long term?

See historical performance and comparison

New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is Greenstone Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-7.2%

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 Greenstone Resources 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 Greenstone Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

12.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GSR is currently unprofitable.

Growing Profit Margin: GSR is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: GSR is unprofitable, but has reduced losses over the past 5 years at a rate of 12.3% per year.

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

Earnings vs Industry: GSR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.8%).

Return on Equity

High ROE: GSR has a negative Return on Equity (-8.73%), as it is currently unprofitable.

Financial Health

How is Greenstone Resources's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GSR's short term assets (A$1.6M) exceed its short term liabilities (A$168.1K).

Long Term Liabilities: GSR's short term assets (A$1.6M) exceed its long term liabilities (A$182.5K).

Debt to Equity History and Analysis

Debt Level: GSR is debt free.

Reducing Debt: GSR has not had any debt for 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: GSR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GSR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.8% each year

Dividend

What is Greenstone Resources's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GSR's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GSR has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Materials industry.

Management

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

0.6yrs

Average management tenure

CEO

Chris Hansen

Tenure

AU$384,412

Compensation

Mr. Christopher Hansen, also known as Chris, BSc Geology; MSc Mineral Economics, serves as the Chief Executive Officer, Managing Director & Director at Greenstone Resources Limited (formerly known as Barra...

CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD265.97K) is about average for companies of similar size in the Australian market ($USD284.65K).

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

Leadership Team

Experienced Management: GSR's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.

Board Members

Experienced Board: GSR's board of directors are not considered experienced ( 0.9 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: Insufficient data to determine if 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 35.2%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/15 00:00
End of Day Share Price	2022/05/13 00:00
Earnings	2021/12/31
Annual Earnings	2021/06/30