Greenwing Resources (CHIA:GW1) - Stock Price, News & Analysis

GW1 Stock Overview

Engages in the production and sale of mineral concentrates.

GW1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings have grown 14.7% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (A$8M)

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

Greenwing Resources Ltd Competitors

Cyclone Metals

ASX:CLE

AU$10.5m

Morella

ASX:1MC

AU$15.4m

Norwest Minerals

ASX:NWM

AU$10.4m

MRG Metals

ASX:MRQ

AU$7.6m

Price History & Performance

Summary of all time highs, changes and price drops for Greenwing Resources
Historical stock prices
Current Share Price	AU$0.044
52 Week High	AU$0.27
52 Week Low	AU$0.041
Beta	0.68
11 Month Change	-37.14%
3 Month Change	-37.14%
1 Year Change	-76.84%
33 Year Change	-82.40%
5 Year Change	-89.00%
Change since IPO	-1.26%

Recent updates

Shareholder Returns

	GW1	AU Metals and Mining	AU Market
7D	-17.0%	-1.5%	0.8%
1Y	-76.8%	-7.3%	10.3%

Return vs Industry: GW1 underperformed the Australian Metals and Mining industry which returned -7.3% over the past year.

Return vs Market: GW1 underperformed the Australian Market which returned 10.3% over the past year.

Price Volatility

Is GW1's price volatile compared to industry and market?
GW1 volatility
GW1 Average Weekly Movement	14.3%
Metals and Mining Industry Average Movement	11.1%
Market Average Movement	8.3%
10% most volatile stocks in AU Market	16.1%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: GW1's share price has been volatile over the past 3 months.

Volatility Over Time: GW1's weekly volatility has decreased from 20% to 14% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2004	n/a	n/a	www.greenwingresources.com

Greenwing Resources Ltd engages in the production and sale of mineral concentrates. The company primarily explores for lithium and graphite. It holds 100% interests in the Graphmada Large Flake Graphite mine located in eastern Madagascar; the San Jorge lithium brine project that includes 15 granted exploration licenses covering an area of approximately 36,600 hectares located in Catamarca, Argentina; and the Millie Reward lithium project located in central Madagascar.

Greenwing Resources Ltd Fundamentals Summary

How do Greenwing Resources's earnings and revenue compare to its market cap?
GW1 fundamental statistics
Market cap	AU$7.79m
Earnings (TTM)	-AU$2.70m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.9x

P/E Ratio

Is GW1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GW1 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$2.70m
Earnings	-AU$2.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.015
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did GW1 perform over the long term?

See historical performance and comparison

GW1 Stock Overview

Rewards

Risk Analysis

Greenwing Resources Ltd Competitors

ASX:CLE

AU$10.5m

ASX:1MC

AU$15.4m

ASX:NWM

AU$10.4m

ASX:MRQ

AU$7.6m

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

New major risk - Market cap size

Greenwing Resources Ltd, Annual General Meeting, Nov 22, 2023

Greenwing Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.7 million.

Greenwing Resources Ltd Appoints Shuxiang Zeng as Director

Greenwing Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 12 million.

Recent updates

New minor risk - Share price stability

New major risk - Market cap size

Greenwing Resources Ltd, Annual General Meeting, Nov 22, 2023

Greenwing Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.7 million.

Greenwing Resources Ltd Appoints Shuxiang Zeng as Director

Greenwing Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 12 million.

Greenwing Resources Ltd Approves Election of Alan Zeng as Non-Executive Director

No independent directors

Greenwing Resources Ltd Auditor Raises 'Going Concern' Doubt

Greenwing Resources Ltd, Annual General Meeting, Nov 24, 2022

Greenwing Resources Ltd Reports Progress At the San Jorge Lithium Brine Project Located in Argentina's Prolific Lithium Triangle

Greenwing Resources Ltd Commences A Geophysics Survey At Its San Jorge Lithium Brine Project in Argentina's Prolific Lithium Triangle

No independent directors

Greenwing Resources Ltd Commences Planning for a Maiden Drill Program at its San Jorge Lithium Brine Project in Argentina's Prolific Lithium Triangle

Greenwing Resources Ltd Provides an Update on Exploration Activities At Its Wholly Owned Graphmada Mining Complex

Greenwing Resources Ltd Announces Graphmada Graphite Mining Complex Exploration Update

Resource Finance & Investments Ordinary Shares to be Deleted from Other OTC

Greenwing Resources Ltd Commences Diamond Drilling Program at its Wholly Owned Graphmada Mining Complex, Madagascar

Greenwing Resources Ltd Announces Initial Exploration Results - San Jorge Lithium Project, Argentina

Full year 2021 earnings released: AU$0.078 loss per share (vs AU$0.23 loss in FY 2020)

No independent directors

Greenwing Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.6293 million.

Greenwing Resources Ltd announced that it expects to receive AUD 6.15 million in funding

Greenwing Resources Limited Provides Update on Development Activities at its Graphmada Mining Complex in Madagascar

Bass Metals Limited Provides Investors with an Update on the Significant Increase in the Company's Mineral Resources At the Graphmada Mining Complex

Bass Metals Limited Provides Exploration Update

Bass Metals Limited, Annual General Meeting, Mar 15, 2021

Bass Metals Limited Provide Investors with an Update Regarding Further Exploration Success At the Company's Wholly Owned Graphmada Mining Complex, Located in Eastern Madagascar

Bass Metals Limited Provides Update Regarding the Company's Progress with Ongoing Feasibility Studies into the Expansion and Downstream Development of Its 100% Owned Operations, Located in Eastern Madagascar

Bass Metals Limited Provides Update with Regard to the Key Governing Parameters of the Graphmada Mining Complex and Plans to Expand Operations, to Cater to Both the Advanced Materials Market and Traditional Markets for Its Commercially Proven Graphite Concentrates

Bass Metals Limited Concentrates Achieve Outstanding Results for Application in Critical Mineral Technologies

Bass Metals Limited, Annual General Meeting, Dec 21, 2020

Full year earnings released - AU$0.0045 loss per share

Bass Metals Limited Announces Exploration Update

Bass Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.679503 million.

Shareholder Returns

Price Volatility

About the Company

Greenwing Resources Ltd Fundamentals Summary

0.0x

-2.9x

Earnings & Revenue