GobiMin Inc., together with its subsidiaries, invests in equity, debt, or other securities in China.
Flawless balance sheet unattractive dividend payer.
Share Price & News
How has GobiMin's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GMN has not had significant price volatility in the past 3 months.
7 Day Return
CA Capital Markets
1 Year Return
CA Capital Markets
Return vs Industry: GMN underperformed the Canadian Capital Markets industry which returned 2.8% over the past year.
Return vs Market: GMN exceeded the Canadian Market which returned -12.4% over the past year.
Price Volatility Vs. Market
How volatile is GobiMin's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StCan We See Significant Insider Ownership On The GobiMin Inc. (CVE:GMN) Share Register?
3 months ago | Simply Wall StDid You Manage To Avoid GobiMin's (CVE:GMN) 49% Share Price Drop?
4 months ago | Simply Wall StDoes The GobiMin Inc. (CVE:GMN) Share Price Fall With The Market?
Is GobiMin undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GMN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GMN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GMN is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: GMN is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GMN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GMN is good value based on its PB Ratio (0.1x) compared to the CA Capital Markets industry average (0.9x).
How is GobiMin forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 GobiMin 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.
- Examine GobiMin's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- GobiMin competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has GobiMin performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GMN is currently unprofitable.
Growing Profit Margin: GMN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GMN is unprofitable, and losses have increased over the past 5 years at a rate of -27.2% per year.
Accelerating Growth: Unable to compare GMN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GMN is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-5.4%).
Return on Equity
High ROE: GMN has a negative Return on Equity (-3.23%), as it is currently unprofitable.
How is GobiMin's financial position?
Financial Position Analysis
Short Term Liabilities: GMN's short term assets ($23.5M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: GMN's short term assets ($23.5M) exceed its long term liabilities ($351.9K).
Debt to Equity History and Analysis
Debt Level: GMN is debt free.
Reducing Debt: GMN had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GMN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GMN has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 47.4% each year
What is GobiMin current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GMN's dividend (5.21%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: GMN's dividend (5.21%) is low compared to the top 25% of dividend payers in the Canadian market (6.02%).
Stability and Growth of Payments
Stable Dividend: GMN's dividends per share have been stable in the past 10 years.
Growing Dividend: GMN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: GMN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Felipe Tan (65yo)
Mr. Felipe Tan has been the Chief Executive Officer and President at GobiMin Inc. (formerly Alexis Resources Limited) since September 2005. Mr. Tan serves as the President of Belmont Holdings Group Limited ...
CEO Compensation Analysis
Compensation vs Market: Felipe's total compensation ($USD221.19K) is about average for companies of similar size in the Canadian market ($USD173.14K).
Compensation vs Earnings: Felipe's compensation has been consistent with company performance over the past year.
|Chairman||no data||US$299.51k||7.65% $978.0k|
|CFO, VP of Corporate Affairs||3.83yrs||US$155.93k||0.24% $31.2k|
|Independent Director||15.5yrs||US$22.00k||no data|
|Independent Director||15.5yrs||US$22.00k||no data|
|Independent Non-executive Director||3.5yrs||US$22.00k||no data|
|Non-Executive Director||2.33yrs||US$2.00k||no data|
Experienced Board: GMN's board of directors are considered experienced (3.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
GobiMin Inc.'s company bio, employee growth, exchange listings and data sources
- Name: GobiMin Inc.
- Ticker: GMN
- Exchange: TSXV
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: CA$12.791m
- Shares outstanding: 49.19m
- Website: https://www.gobimin.com
- GobiMin Inc.
- 1000 Sherbrooke Street West
- Suite 2700
- H3A 3G4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GMN||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Oct 2005|
|31T||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2005|
|GMNF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Oct 2005|
GobiMin Inc., together with its subsidiaries, invests in equity, debt, or other securities in China. The company operates through two segments, Investment Business and Mining Business. It is also involved in the development and exploration of gold and mineral properties; and property holding and leasing activities, as well as in the provision of business and consultancy services. The company is based in Montreal, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/07 00:10|
|End of Day Share Price||2020/06/23 00:00|
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.