Gateway Mining (CHIA:GML) - Stock Price, News & Analysis

GML Stock Overview

Primarily explores for gold and base metal properties in Western Australia. More details

GML fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$-188K)

Does not have a meaningful market cap (A$9M)

Earnings have declined by 12% per year over past 5 years

Has less than 1 year of cash runway

+ 2 more risks

Gateway Mining Limited Competitors

Gold Mountain

ASX:GMN

AU$6.8m

DGR Global

ASX:DGR

AU$12.5m

Brazilian Critical Minerals

ASX:BCM

AU$9.8m

Asra Minerals

ASX:ASR

AU$6.7m

Price History & Performance

Summary of all time highs, changes and price drops for Gateway Mining
Historical stock prices
Current Share Price	AU$0.023
52 Week High	AU$0.037
52 Week Low	AU$0.015
Beta	1.71
11 Month Change	-8.00%
3 Month Change	9.52%
1 Year Change	21.05%
33 Year Change	-85.63%
5 Year Change	-86.47%
Change since IPO	-83.09%

Recent updates

Shareholder Returns

	GML	AU Metals and Mining	AU Market
7D	-11.5%	0.9%	0.9%
1Y	21.1%	-11.3%	17.7%

Return vs Industry: GML exceeded the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: GML exceeded the Australian Market which returned 17.2% over the past year.

Price Volatility

Is GML's price volatile compared to industry and market?
GML volatility
GML Average Weekly Movement	14.2%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: GML's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: GML's weekly volatility has decreased from 22% to 14% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1957	n/a	n/a	www.gatewaymining.com.au

Gateway Mining Limited primarily explores for gold and base metal properties in Western Australia. It owns 100% interest in its flagship Montague Gold project covering an area of approximately 1000 square kilometers located in the town of Sandstone, Western Australia. The company was incorporated in 1957 and is based in Subiaco, Australia.

Gateway Mining Limited Fundamentals Summary

How do Gateway Mining's earnings and revenue compare to its market cap?
GML fundamental statistics
Market cap	AU$9.10m
Earnings (TTM)	-AU$1.67m
Revenue (TTM)	n/a

-48.3x

P/S Ratio

-5.5x

P/E Ratio

Is GML overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GML income statement (TTM)
Revenue	-AU$188.48k
Cost of Revenue	AU$0
Gross Profit	-AU$188.48k
Other Expenses	AU$1.48m
Earnings	-AU$1.67m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0042
Gross Margin	100.00%
Net Profit Margin	884.20%
Debt/Equity Ratio	0%

How did GML perform over the long term?

See historical performance and comparison

GML Stock Overview

Risk Analysis

Gateway Mining Limited Competitors

ASX:GMN

AU$6.8m

ASX:DGR

AU$12.5m

ASX:BCM

AU$9.8m

ASX:ASR

AU$6.7m

Price History & Performance

Recent News & Updates

Gateway Mining Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Financial data availability

Less than half of directors are independent

Less than half of directors are independent

New major risk - Financial position

Less than half of directors are independent

Recent updates

Gateway Mining Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Financial data availability

Less than half of directors are independent

Less than half of directors are independent

New major risk - Financial position

Less than half of directors are independent

Gateway Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.547878 million.

Gateway Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.547878 million.

Gateway Mining Limited, Annual General Meeting, Nov 29, 2023

New major risk - Revenue and earnings growth

Less than half of directors are independent

Gateway Mining Limited Announces 2023 Exploration Program Commences at Montague Gold Project

DiscovEx Resources Limited and Gateway Mining Limited Announce Assay Results from Spartan Prospect

Gateway Mining Limited to Target Step-Change Discoveries Across the Montague Project in New Exploration Push

Less than half of directors are independent

DiscovEx Resources Limited Announces Initial Results from Drilling Activities At the Spartan Prospect, Part of an 80:20 Joint Venture with Gateway Mining Limited

Gateway Mining Limited Reports Significant Assay Results from Recent Reverse Circulation Drilling Along Strike and Adjacent to the 99,000 oz Indicated and Inferred Achilles Deposit

Gateway Mining Limited, Annual General Meeting, Nov 23, 2022

Less than half of directors are independent

Gateway Mining Limited Announces Shallow Gold Hits of Up to 8.7g/t Highlight Extensions to Cornerstone Montague-Boulder Deposit

Gateway Mining Limited Reports an Initial Mineral Resource Estimate (MRE) for the Julias Deposit

Gateway Mining Limited Reports Outstanding New High-Grade Assay Results from In-Fill Reverse Circulation (RC) Drilling Completed At Its Emerging Julias Oxide Gold Deposit, Within the 449,000oz1 Gidgee Gold Project in the Murchison Region of Western Australia

Gateway Mining Limited Announces Executive Changes

Gateway Mining Limited Appoints Peter Lester as Director

Gateway Mining Limited Reports Significant Shallow Gold Intercepts from Recent Air-Core Drilling Completed Adjacent to the Achilles/Airport Deposit at its 449,000oz2 Gidgee Gold Project

Gateway Mining Limited Reports Highly Encouraging Initial Assay Results from Air-Core Drilling Completed in March 2022 at Its 449,000Oz1 Gidgee Gold Project Located in the Murchison Region of Western Australia

Less than half of directors are independent

Non-Executive Chairman recently bought AU$60k worth of stock

Gateway Mining Limited Reports Intercepts from Reverse Circulation Drilling at the Julias Target Area, Within its 1,000Km Gidgee Gold Project

Gateway Mining Limited Announces Composite Assay Results Returns from Aircore Drilling Completed At the Octavia Prospect

Gateway Mining Limited Intersects Significant Bedrock Gold Mineralisation in Initial Wide-Spaced Reverse Circulation Drilling at the Kashmir Target

Gateway Mining Limited Provides Update on RC Drilling at the Evermore Deposit

Non-Executive Chairman recently bought AU$232k worth of stock

Gateway Mining Limited Updates on Shallow Oxide Zone Extended At Achilles North

Gateway Mining Limited Commences A New Program of Reverse Circulation Drilling at its 100%-Owned Gidgee Gold Project in the Murchison District of WA

Gateway Mining Limited Reports Initial Results from the Recently Completed 22,000M Air-Core Drilling Program At Gidgee Gold Project in the Murchison District of WA

Non-Executive Chairman recently bought AU$80k worth of stock

Executive Chairman Peter Langworthy has left the company

Gateway Mining Limited Announces Significant New Gold Mineralisation Discovered Between Montague-Boulder and Northeast Pits

Gateway Mining Limited Announces Continuity of High-Grade Mineralisation At Evermore

Gateway Mining Limited's Major New Drilling Campaign Underway at Gidgee

Alto Metals Limited (ASX:AME) signed an agreement to acquire E57/1108 Tenement from Gateway Mining Limited (ASX:GML) for AUD 0.05 million.

Gateway Mining Limited Announces Board Changes

Gateway Mining Limited Announces Significant Extension to High Grade Gold Discovery at Gidgee

Gateway Mining Limited Announces Outstanding High Grade Results at Montague Boulder Deposit

OreCorp Limited (ASX:ORR) signed an agreement to acquire E31/1134 and E31/1150 Tenements from Gateway Mining Limited (ASX:GML) and DiscovEx Resources Limited (ASX:DCX) for AUD 0.2 million.

Gateway Mining Limited Announces New High Grade Zones At Montague, Resource Growth Potential

Gateway Mining Limited Announces Intersection of Significant New Zones of High-Grade Gold Mineralization Between the Cornerstone Whistler and Montague-Boulder Deposits

Gateway Mining Limited Identifies Major New Gold Exploration Opportunity Within Gidgee Gold Project

Gateway Mining Limited Reports Results of Limited Program of Reverse Circulation At Montague

Gateway Mining Limited Announces Shallow Mineralisation At Achilles Target

Gateway Mining Limited announced that it has received AUD 7 million in funding from Harman Family Trust, and other investors

Gateway Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Gateway Mining Limited announced that it expects to receive AUD 7 million in funding

Shareholder Returns

Price Volatility

About the Company

Gateway Mining Limited Fundamentals Summary

-48.3x

-5.5x