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GobiMin

TSXV:GMN
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GMN
TSXV
CA$12M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

GobiMin Inc., together with its subsidiaries, invests in equity, debt, or other securities in China. The last earnings update was 119 days ago. More info.


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GMN Share Price and Events
7 Day Returns
0%
TSXV:GMN
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-
TSXV:GMN
-5.9%
CA Metals and Mining
0.7%
CA Market
GMN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GobiMin (GMN) 0% -4% -20% - -27.3% -40%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • No trading data on GMN.
  • No trading data on GMN.
Price Volatility
GMN
Industry
5yr Volatility vs Market

GMN Value

 Is GobiMin undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for GobiMin. This is due to cash flow or dividend data being unavailable. The share price is CA$0.24.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GobiMin's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GobiMin's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:GMN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.04
TSXV:GMN Share Price ** TSXV (2019-03-11) in CAD CA$0.24
TSXV:GMN Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.18
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GobiMin.

TSXV:GMN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:GMN Share Price ÷ EPS (both in USD)

= 0.18 ÷ -0.04

-4.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GobiMin is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • GobiMin is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does GobiMin's expected growth come at a high price?
Raw Data
TSXV:GMN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
43.5%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for GobiMin, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GobiMin's assets?
Raw Data
TSXV:GMN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $1.51
TSXV:GMN Share Price * TSXV (2019-03-11) in CAD CA$0.24
TSXV:GMN Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.18
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:GMN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:GMN Share Price ÷ Book Value per Share (both in USD)

= 0.18 ÷ 1.51

0.12x

* Primary Listing of GobiMin.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GobiMin is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess GobiMin's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. GobiMin has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GMN Future Performance

 How is GobiMin expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover GobiMin, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
43.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GobiMin expected to grow at an attractive rate?
  • GobiMin's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • GobiMin's earnings growth is expected to exceed the Canada market average.
  • Unable to compare GobiMin's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:GMN Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:GMN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 43.5%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:GMN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:GMN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 1 -2 -2
2018-06-30 0 -2 -3
2018-03-31 0 -2 -3
2017-12-31 0 -2 -3
2017-09-30 -1 2 -4
2017-06-30 10 0 6
2017-03-31 10 -2 7
2016-12-31 10 -3 7
2016-09-30 10 -8 7
2016-06-30 -7 0
2016-03-31 -5 0
2015-12-31 -5 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • GobiMin's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if GobiMin is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:GMN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GobiMin Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GMN Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.04
2018-06-30 -0.06
2018-03-31 -0.06
2017-12-31 -0.06
2017-09-30 -0.08
2017-06-30 0.12
2017-03-31 0.14
2016-12-31 0.14
2016-09-30 0.13
2016-06-30 0.01
2016-03-31 0.00
2015-12-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if GobiMin will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess GobiMin's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GobiMin has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GMN Past Performance

  How has GobiMin performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GobiMin's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GobiMin does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare GobiMin's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GobiMin's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
GobiMin's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GobiMin Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GMN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 0.92 -1.91 2.20
2018-06-30 0.01 -2.85 2.26
2018-03-31 -0.45 -3.09 2.20
2017-12-31 -0.45 -2.98 2.19
2017-09-30 -1.12 -4.11 2.15
2017-06-30 9.57 6.07 2.42
2017-03-31 10.47 7.20 2.54
2016-12-31 10.36 7.04 2.64
2016-09-30 10.13 6.90 2.50
2016-06-30 0.48 2.40
2016-03-31 0.21 2.53
2015-12-31 0.19 2.68
2015-09-30 0.14 3.19
2015-06-30 -2.72 3.33
2015-03-31 0.37 3.40
2014-12-31 0.51 3.47
2014-09-30 0.96 4.22
2014-06-30 0.20 4.84
2014-03-31 -2.94 4.89
2013-12-31 -3.13 4.86
2013-09-30 -3.24 5.40
2013-06-30 2.93 5.56
2013-03-31 2.84 5.61
2012-12-31 3.36 5.59
2012-09-30 0.63 5.47
2012-06-30 3.38 4.68
2012-03-31 3.39 4.71

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if GobiMin has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if GobiMin has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if GobiMin improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess GobiMin's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GobiMin has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GMN Health

 How is GobiMin's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GobiMin's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GobiMin is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GobiMin has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GobiMin's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • GobiMin has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GobiMin Company Filings, last reported 5 months ago.

TSXV:GMN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 75.54 0.00 18.35
2018-06-30 76.34 0.00 18.33
2018-03-31 79.65 0.97 20.74
2017-12-31 80.26 1.01 22.13
2017-09-30 77.52 1.06 26.47
2017-06-30 78.87 1.11 27.65
2017-03-31 80.87 1.16 29.72
2016-12-31 81.47 1.22 31.05
2016-09-30 85.30 1.28 32.85
2016-06-30 76.42 1.33 20.86
2016-03-31 77.50 0.06 22.51
2015-12-31 78.16 0.07 26.07
2015-09-30 81.04 0.08 28.81
2015-06-30 78.59 0.09 27.63
2015-03-31 80.60 0.10 29.75
2014-12-31 81.81 0.07 31.80
2014-09-30 84.62 0.08 35.04
2014-06-30 85.09 1.95 39.29
2014-03-31 83.10 6.94 41.11
2013-12-31 83.69 5.50 54.59
2013-09-30 83.73 5.45 60.48
2013-06-30 85.68 4.69 59.28
2013-03-31 87.17 0.07 65.69
2012-12-31 87.80 0.08 73.35
2012-09-30 88.04 0.09 52.24
2012-06-30 84.02 0.10 58.79
2012-03-31 86.12 0.11 51.63
  • GobiMin has no debt.
  • GobiMin has no debt compared to 5 years ago when it was 6.5%.
  • GobiMin has no debt, it does not need to be covered by operating cash flow.
  • GobiMin has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess GobiMin's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GobiMin has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GMN Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.55%
Current annual income from GobiMin dividends.
If you bought CA$2,000 of GobiMin shares you are expected to receive CA$111 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • GobiMin's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (2.02%).
  • GobiMin's dividend is below the markets top 25% of dividend payers in Canada (5.61%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:GMN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:GMN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-05-04 0.010 4.370
2017-04-20 0.010 2.781
2016-04-21 0.007 2.035
2015-04-27 0.007 2.581
2014-04-25 0.008 2.232
2013-07-30 0.009 2.648
2012-04-17 0.010 1.727
2011-04-19 0.010 1.480
2010-04-15 0.013 1.535
2009-04-17 0.010 1.255
2009-03-23 0.030 4.313

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of GobiMin's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess GobiMin's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GobiMin afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GobiMin has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GMN Management

 What is the CEO of GobiMin's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Felipe Tan
COMPENSATION $432,560
AGE 63
CEO Bio

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, a holding company of GobiMin Inc. He served as Compliance Officer of Loco Hong Kong Holdings Limited until September 9, 2016. He has over 36 years' experience in metals trading and related businesses in Hong Kong, the PRC and Mainland China. He served as a Deputy Managing Director of Simsen International Corporation Limited until January 19, 2006. Mr. Tan is the Founder of Simsen International Corporation Limited. He began his career as a Trading Hall Assistant for the Hong Kong Far East Exchange, served as Representative of Jebsen Co. Ltd. He was a Trader for Philipp Brothers (now known as Salomon Brothers). Mr. Tan serves as the Chairman of GobiMin Inc. He has been the Chairman of Timeless Software Ltd. since July 29, 2016. He a director of Jiangmen Proudly Water-soluble Plastic Co., Ltd. Mr. Tan served as the Chairman of the Board at Loco Hong Kong Holdings Limited since July 22, 2014 until September 9, 2016. He has been an Executive Director of Timeless Software Ltd. since September 30, 2012. He has been a Director at Loco Hong Kong Holdings Limited since February 14, 2014. He has been a Director of GobiMin Inc. since 2005. He serves as a Director of Xinjiang Tianmu Mineral Resources Development Co. Ltd. ("Xinjiang Tianmu"), Goffers Resources Limited, Kangshun HK Limited, Kangshun Investments Limited and Goffers Management Limited. He served as Director of China One Corp. from 2008 to July, 2009. He served as a Director of IND DairyTech Limited from December 29, 2008 to July 03, 2009. He is a Director of Belmont. He served as an Executive Director of Simsen International Corporation Limited (now known as Huarong International Financial Holdings Limited) from 1989 to April 30, 2006.

CEO Compensation
  • Felipe's compensation has been consistent with company performance over the past year.
  • Felipe's remuneration is higher than average for companies of similar size in Canada.
Management Team

Felipe Tan

TITLE
Chairman
COMPENSATION
$433K
AGE
63

Joyce Ko

TITLE
CFO, VP of Corporate Affairs
COMPENSATION
$154K
AGE
53
TENURE
7.9 yrs

Lingchang Kong

TITLE
Chief Geologist
Board of Directors Tenure

Average tenure and age of the GobiMin board of directors in years:

2.5
Average Tenure
58
Average Age
  • The average tenure for the GobiMin board of directors is less than 3 years, this suggests a new board.
Board of Directors

Felipe Tan

TITLE
Chairman
COMPENSATION
$433K
AGE
63

Joyce Ko

TITLE
CFO, VP of Corporate Affairs
COMPENSATION
$154K
AGE
53
TENURE
2.5 yrs

Hubert Marleau

TITLE
Director
COMPENSATION
$22K
AGE
74
TENURE
14.2 yrs

Dominic Cheng

TITLE
Director
COMPENSATION
$22K
AGE
71
TENURE
14.2 yrs

Maxime Lemieux

TITLE
Independent Non-executive Director
COMPENSATION
$6K
AGE
40
TENURE
2.2 yrs

Ma Jianqing

TITLE
Non-Executive Director
AGE
51
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess GobiMin's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GobiMin has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GMN News

Simply Wall St News

What does GobiMin Inc's (CVE:GMN) Balance Sheet Tell Us About Its Future?

GobiMin Inc (CVE:GMN), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is GMN will have to follow strict debt obligations which will reduce its financial flexibility. … Is GMN right in choosing financial flexibility over lower cost of capital.

Simply Wall St -

How Should You Think About GobiMin Inc's (CVE:GMN) Risks?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Why Buying GobiMin Inc (CVE:GMN) For Its 3.50% Dividend Could Be A Mistake

Over the past 10 years, GobiMin Inc (CVE:GMN) has returned an average of 3.00% per year to shareholders in terms of dividend yield. … Does GobiMin tick all the boxes of a great dividend stock? … 5 checks you should do on a dividend stock

Simply Wall St -

What Kind Of Risk Should You Expect For GobiMin Inc (CVE:GMN)?

For GobiMin Inc’s (CVE:GMN) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … Broadly speaking, there are two types of risk you should consider when investing in stocks such as GMN. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

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Should You Buy GobiMin Inc (TSXV:GMN) At This PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for GMN Price per share = $0.33 Earnings per share = $0.119 ∴ Price-Earnings Ratio = $0.33 ÷ $0.119 = 2.8x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … Ideally, we want to compare the stock’s P/E ratio to the average of companies that have similar characteristics as GMN, such as size and country of operation.

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GMN Company Info

Description

GobiMin Inc., together with its subsidiaries, invests in equity, debt, or other securities in China. The company operates through two segments, Mining Business and Investment Business. It is also involved in the development and exploration of gold and mineral properties; and property holding and leasing activities, as well as provision of business and consultancy services. The company is based in Toronto, Canada.

Details
Name: GobiMin Inc.
GMN
Exchange: TSXV
Founded:
CA$11,977,675
49,906,982
Website: http://www.gobimin.com
Address: GobiMin Inc.
120 Adelaide Street West,
Suite 2500,
Toronto,
Ontario, M5H 1T1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV GMN Common Shares TSX Venture Exchange CA CAD 12. Oct 2005
DB 31T Common Shares Deutsche Boerse AG DE EUR 12. Oct 2005
Number of employees
Current staff
Staff numbers
0
GobiMin employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:04
End of day share price update: 2019/03/11 00:00
Last earnings filing: 2018/11/22
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.