| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
GTE Stock Overview
Great Western Exploration Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia.
Great Western Exploration Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.15 |
| 52 Week High | AU$0.33 |
| 52 Week Low | AU$0.10 |
| Beta | 0.57 |
| 1 Month Change | 29.17% |
| 3 Month Change | -27.91% |
| 1 Year Change | -38.00% |
| 3 Year Change | -56.94% |
| 5 Year Change | -87.08% |
| Change since IPO | -99.07% |
Recent News & Updates
We're Not Very Worried About Great Western Exploration's (ASX:GTE) Cash Burn Rate
We can readily understand why investors are attracted to unprofitable companies. For example, although...
Shareholder Returns
| GTE | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 10.7% | 2.5% | 0.5% |
| 1Y | -38.0% | 9.1% | 10.3% |
Return vs Industry: GTE underperformed the Australian Metals and Mining industry which returned 9% over the past year.
Return vs Market: GTE underperformed the Australian Market which returned 10.4% over the past year.
Price Volatility
| GTE volatility | |
|---|---|
| GTE Average Weekly Movement | 16.8% |
| Metals and Mining Industry Average Movement | 10.6% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: GTE is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: GTE's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | n/a | Tom Ridges | https://greatwesternexploration.com.au |
Great Western Exploration Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. It operates through Mineral Exploration, and Finance and Administration segments. The company primarily explores for gold, copper, cobalt, lead, zinc, nickel, and base metals.
Great Western Exploration Fundamentals Summary
| GTE fundamental statistics | |
|---|---|
| Market Cap | AU$21.11m |
| Earnings (TTM) | -AU$2.26m |
| Revenue (TTM) | AU$81.00k |
262.7x
P/S Ratio-9.3x
P/E RatioIs GTE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTE income statement (TTM) | |
|---|---|
| Revenue | AU$81.00k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$81.00k |
| Expenses | AU$2.34m |
| Earnings | -AU$2.26m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.017 |
| Gross Margin | 100.00% |
| Net Profit Margin | -2,794.05% |
| Debt/Equity Ratio | 0.0% |
How did GTE perform over the long term?
See historical performance and comparisonValuation
Is Great Western Exploration undervalued compared to its fair value and its price relative to the market?
1.34x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GTE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GTE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GTE is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GTE 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 GTE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GTE is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.8x).
Future Growth
How is Great Western Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
1.3%
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 Western Exploration 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 Western Exploration performed over the past 5 years?
-4.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTE is currently unprofitable.
Growing Profit Margin: GTE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GTE is unprofitable, and losses have increased over the past 5 years at a rate of 4.2% per year.
Accelerating Growth: Unable to compare GTE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTE 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: GTE has a negative Return on Equity (-14.36%), as it is currently unprofitable.
Financial Health
How is Great Western Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: GTE's short term assets (A$5.4M) exceed its short term liabilities (A$223.2K).
Long Term Liabilities: GTE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTE is debt free.
Reducing Debt: GTE 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: GTE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GTE has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 14.3% each year.
Dividend
What is Great Western Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GTE'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 GTE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTE'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 GTE'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?
1.6yrs
Average management tenure
CEO
Tom Ridges
1.25yrs
Tenure
AU$754,183
Compensation
Mr. Thomas Ridges, also known as Tom, has been Managing Director and Director of Great Western Exploration Limited since October 12, 2020. He held the role of Exploration Manager at Mineral Resources Limit...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD544.89K) is above average for companies of similar size in the Australian market ($USD291.63K).
Compensation vs Earnings: Insufficient data to compare Tom's compensation with company performance.
Leadership Team
Experienced Management: GTE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: GTE's board of directors are not considered experienced ( 1.6 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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.2%.
Top Shareholders
Company Information
Great Western Exploration Limited's employee growth, exchange listings and data sources
Key Information
- Name: Great Western Exploration Limited
- Ticker: GTE
- Exchange: ASX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$21.111m
- Shares outstanding: 136.20m
- Website: https://greatwesternexploration.com.au
Location
- Great Western Exploration Limited
- 160 St Georges Terrace
- Level 2
- Perth
- Western Australia
- 6000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:30 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.