Loading...

Goldstone Resources

BST:GVL1
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GVL1
BST
£5M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Goldstone Resources Limited, through its subsidiaries, engages in the exploration and mining of gold and associated elements in West and Central Africa. The last earnings update was 240 days ago. More info.


Add to Portfolio Compare Print
  • Goldstone Resources has significant price volatility in the past 3 months.
GVL1 Share Price and Events
7 Day Returns
42.9%
BST:GVL1
-3.7%
DE Metals and Mining
-2.3%
DE Market
1 Year Returns
-4.8%
BST:GVL1
-45.7%
DE Metals and Mining
-11.5%
DE Market
GVL1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Goldstone Resources (GVL1) 42.9% 100% -13% -4.8% -75.6% -66.7%
DE Metals and Mining -3.7% -10.4% -11.3% -45.7% -30.9% -36.6%
DE Market -2.3% -4.9% 0.8% -11.5% 5.7% 6.6%
1 Year Return vs Industry and Market
  • GVL1 outperformed the Metals and Mining industry which returned -45.7% over the past year.
  • GVL1 outperformed the Market in Germany which returned -11.5% over the past year.
Price Volatility
GVL1
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Goldstone Resources's competitors could be found in our database.

Value

 Is Goldstone Resources 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 Goldstone Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.01.
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 Goldstone Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Goldstone Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:GVL1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $0.00
AIM:GRL Share Price ** AIM (2019-05-24) in GBP £0.02
AIM:GRL Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.269 $0.02
Europe Metals and Mining Industry PE Ratio Median Figure of 107 Publicly-Listed Metals and Mining Companies 8.82x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 20.2x

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

** Primary Listing of Goldstone Resources.

BST:GVL1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:GRL Share Price ÷ EPS (both in USD)

= 0.02 ÷ 0.00

-4.9x

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

  • Goldstone Resources is loss making, we can't compare its value to the Europe Metals and Mining industry average.
  • Goldstone Resources is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Goldstone Resources's expected growth come at a high price?
Raw Data
BST:GVL1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.9x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 64 Publicly-Listed Metals and Mining Companies 0.68x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.5x

*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 Goldstone Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Goldstone Resources's assets?
Raw Data
BST:GVL1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.05
AIM:GRL Share Price * AIM (2019-05-24) in GBP £0.02
AIM:GRL Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.269 $0.02
Germany Metals and Mining Industry PB Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 2.86x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.77x
BST:GVL1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:GRL Share Price ÷ Book Value per Share (both in USD)

= 0.02 ÷ 0.05

0.45x

* Primary Listing of Goldstone Resources.

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

  • Goldstone Resources is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Goldstone Resources'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. Goldstone Resources 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.

Future Performance

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

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 Goldstone Resources 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
42.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Goldstone Resources expected to grow at an attractive rate?
  • Unable to compare Goldstone Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Goldstone Resources's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Goldstone Resources's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:GVL1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 42.1%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
BST:GVL1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 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.
BST:GVL1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 0 -1 -1
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1
2016-09-30 0 -1 -1
2016-06-30 0 0 0
2016-03-31 0 -1 -1
2015-12-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Goldstone Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Goldstone Resources 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
BST:GVL1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Goldstone Resources Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:GVL1 Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 -0.01

*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 Goldstone Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Goldstone Resources'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.
  2. Goldstone Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Goldstone Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Goldstone Resources'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Goldstone Resources has a total score of 0/6, 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.

Past Performance

  How has Goldstone Resources performed over the past 5 years?

  • Goldstone Resources's last earnings update was 240 days ago.
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 Goldstone Resources'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.
  • Goldstone Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Goldstone Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Goldstone Resources's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Goldstone Resources'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 Goldstone Resources Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:GVL1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 -0.92 0.92
2018-03-31 -0.86 0.86
2017-12-31 -0.81 0.81
2017-09-30 0.00 -0.78 0.78
2017-06-30 0.00 -0.76 0.76
2017-03-31 0.00 -0.80 0.80
2016-12-31 0.00 -0.83 0.84
2016-09-30 0.01 -0.61 0.83
2016-06-30 0.01 -0.39 0.82
2016-03-31 0.02 -0.64 0.87
2015-12-31 0.03 -0.89 0.92
2014-12-31 -1.40 0.39
2014-08-31 -1.45 0.51
2014-05-31 -1.57 0.61
2014-02-28 -1.70 0.71
2013-11-30 -2.21 1.21
2013-08-31 -2.73 1.71
2013-05-31 -4.61 3.43
2013-02-28 -6.48 5.15
2012-11-30 -7.07 5.68
2012-08-31 -7.67 6.20
2012-05-31 -6.68 5.19

*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 Goldstone Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Goldstone Resources has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Goldstone Resources 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 Goldstone Resources'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.
Goldstone Resources 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.

Health

 How is Goldstone Resources'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 Goldstone Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Goldstone Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Goldstone Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Goldstone Resources'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.
  • Low level of unsold assets.
  • Goldstone Resources 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 Goldstone Resources Company Filings, last reported 10 months ago.

BST:GVL1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 8.03 0.00 0.74
2018-03-31 8.03 0.00 0.74
2017-12-31 8.38 0.00 1.63
2017-09-30 8.38 0.00 1.63
2017-06-30 6.22 0.51 0.32
2017-03-31 6.22 0.51 0.32
2016-12-31 6.45 0.00 0.14
2016-09-30 6.45 0.00 0.14
2016-06-30 -0.19 0.25 0.08
2016-03-31 -0.19 0.25 0.08
2015-12-31 5.95 0.00 0.24
2014-12-31 1.54 0.00 1.56
2014-08-31 -0.11 0.00 0.19
2014-05-31 -0.11 0.00 0.19
2014-02-28 0.36 0.00 0.62
2013-11-30 0.36 0.00 0.62
2013-08-31 0.55 0.00 0.54
2013-05-31 0.55 0.00 0.54
2013-02-28 0.71 0.00 0.63
2012-11-30 0.71 0.00 0.63
2012-08-31 2.62 0.00 2.72
2012-05-31 2.62 0.00 2.72
  • Goldstone Resources has no debt.
  • Goldstone Resources 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.

  • Goldstone Resources has less than a year of cash runway based on current free cash flow.
  • Goldstone Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.4% each year.
X
Financial health checks
We assess Goldstone Resources'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. Goldstone Resources has a total score of 4/6, 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.

Dividends

 What is Goldstone Resources'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
0%
Current annual income from Goldstone Resources dividends.
If you bought €2,000 of Goldstone Resources shares you are expected to receive €0 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?
  • Unable to evaluate Goldstone Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Goldstone Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
BST:GVL1 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
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Goldstone Resources has not reported any payouts.
  • Unable to verify if Goldstone Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Goldstone Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Goldstone Resources has not reported any payouts.
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 Goldstone Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Goldstone Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Goldstone Resources has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Goldstone Resources'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
Emma Priestley
COMPENSATION $128,836
AGE 45
TENURE AS CEO 3.3 years
CEO Bio

Ms. Emma Kinder Priestley, BEng, CEng, CRICS, has been the Chief Executive Officer of Goldstone Resources Ltd. since June 30, 2016. Ms. Priestley serves as the President of the Southern Counties Branch of the Institute of Materials, Minerals & Mining. Ms. Priestley served as a Corporate Broker and Adviser of Ambrian Partners since 2004. Previously, she served as Interim Chief Executive Officer of Goldstone Resources Ltd. from February 18, to June 30, 2016. She served for VSA Resources in their research and equity sales departments. She has a background in mining and financial services having worked with consultants GVA Grimley, IMC Mackay & Schnellmann, investment bank CSFB and advisers VSA Resources. While her background is in mining engineering and mineral surveying, she made the transition to mining research in 2001 when she joined Credit Suisse First Boston, as a Mining Analyst. She has been an Executive Director of Goldstone Resources Ltd. since June 30, 2016. She was Non-Executive Director of Oriole Resources PLC (formerly, Stratex International Plc) since November 28, 2014 and served as its Executive Director from November 28, 2014 to November 01, 2016. She serves as a Director of African Resource Capital Ltd. and Santon Consultancy Services Limited. She served as an Executive Director of Obtala Resources Limited from March 10, 2015 to April 30, 2016. She served as a Director of Celsys Ltd., Aldeamento Turistico de Macuti SARL, Blueberry International Services Limited, Complete Enterprise Solutions Limited, Complete Enterprise Solutions (Pty) Limited, Five Forty Africa (BVI) Limited, Five Forty Aviation Limited, ForgetMeNot Africa Limited, Gardoserve (Pvt) Limited (trading as Millpal Chamicals), Indit Technology Distribution (Pty) Limited, Lonrho Africa (Holdings) Limited, Lonrho Agribusiness (BVI) Limited, Lonrho Air Africa (BVI) Limited, Lonrho Air (BVI) Limited, Lonrho Air (2) BVI Limited, Lonrho Air (3) BVI limited, Lonrho Aviation (BVI) Limited, Lonrho Food Supply Chain Management Limited, Lonrho Holdings Limited, Lonrho Hotels Management Services BVI Limited, Lonrho Infrastructure (BVI) Limited, Lonrho Investments Limited, Lonrho Management Services Limited, Lonrho Oil (Malawi) Limited, Lonrho Springs Limited, Lonzim Air (BVI) Limited, Luba Freeport Limited, Morningdale Properties (Pvt) Limited, Peak Mine (Pvt) Limited, Rex Mining (Pvt) Limited, Sociadade Commercial Bytes & Pieces Limitada, Southern Africa Management Services Limited, Swissta Holdings Limited, Swissta Mozambique Lda and Wardlaw (1989) Limited. She served as an Executive Director of Stellar Resources PLC since October 2014 until November 30, 2015. She served as an Independent Non-Executive Director of Goldstone Resources Ltd. from October 30, 2014 to November 28, 2014. She served as an Executive Director of Lonrho Plc since February 24, 2006, where she worked on business development in infrastructure, natural resources and support services in Africa. She also conducted a restructuring programme at one of Lonrho's subsidiary companies. She served as an Executive Director of LonZim Plc (now Cambria Africa plc) since November 7, 2007 until February 24, 2012. She is a Chartered Mining Engineer, Chartered Mineral Surveyor and a Graduate of Camborne School of Mines. She is a graduate of the Camborne School of Mines, with a BEng in Mineral Surveying and Resources Management.

CEO Compensation
  • Emma's compensation has increased whilst company is loss making.
  • Emma's remuneration is lower than average for companies of similar size in Germany.
Management Team

Emma Priestley

TITLE
CEO & Executive Director
COMPENSATION
$129K
AGE
45
TENURE
3.3 yrs

Darryl Norton

TITLE
Chief Operating Officer
AGE
57
TENURE
1.8 yrs

Issouf Ouedraogo

TITLE
General Manager
Board of Directors Tenure

Average tenure and age of the Goldstone Resources board of directors in years:

1.6
Average Tenure
52.5
Average Age
  • The average tenure for the Goldstone Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bill Trew

TITLE
Non-Executive Chairman
AGE
60
TENURE
1.6 yrs

Emma Priestley

TITLE
CEO & Executive Director
COMPENSATION
$129K
AGE
45
TENURE
2.9 yrs

Richard Lloyd

TITLE
Independent Non-Executive Director
COMPENSATION
$31K
TENURE
2.7 yrs

Angela List

TITLE
Non-Executive Director
AGE
44
TENURE
1.5 yrs

Richard Vaughan Wilkins

TITLE
Independent Non-Executive Director
AGE
60
TENURE
1.5 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 (€) Value (€)
X
Management checks
We assess Goldstone Resources'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. Goldstone Resources 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.

News

Simply Wall St News

Company Info

Description

Goldstone Resources Limited, through its subsidiaries, engages in the exploration and mining of gold and associated elements in West and Central Africa. The company’s flagship property is the Akrokeri-Homase project located in south-western Ghana. The company was incorporated in 1998 and is based in Saint Helier, Jersey.

Details
Name: Goldstone Resources Limited
GVL1
Exchange: BST
Founded: 1998
£5,228,804
249,707,991
Website: http://www.goldstoneresources.com
Address: Goldstone Resources Limited
15 Esplanade,
Saint Helier,
JE1 1RB,
Jersey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM GRL Ordinary Shares London Stock Exchange AIM Market GB GBP 25. Mar 2004
BST GVL1 Ordinary Shares Boerse-Stuttgart DE EUR 25. Mar 2004
Number of employees
Current staff
Staff numbers
0
Goldstone Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 21:41
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2018/09/28
Last earnings reported: 2018/06/30
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.