DB:6G4

Stock Analysis Report

Gascoyne Resources

Executive Summary

Gascoyne Resources Limited engages in the exploration, evaluation, and development of gold and base metal projects in Australia.

Snowflake

Fundamentals

High growth potential and overvalued.

Risks

  • Gascoyne Resources has significant price volatility in the past 3 months.
  • Gascoyne Resources is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Gascoyne Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

DB:6G4

-0.6%

DE Metals and Mining

0.7%

DE Market


1 Year Return

-92.6%

DB:6G4

-42.5%

DE Metals and Mining

-8.7%

DE Market

6G4 underperformed the Metals and Mining industry which returned -42.5% over the past year.

6G4 underperformed the Market in Germany which returned -8.7% over the past year.


Share holder returns

6G4IndustryMarket
7 Day0%-0.6%0.7%
30 Day0%-2.2%-1.2%
90 Dayn/a-8.2%0.2%
1 Year-92.4%-92.6%-41.6%-42.5%-5.8%-8.7%
3 Year-93.8%-93.9%-24.3%-26.9%20.5%10.0%
5 Year-68.3%-69.1%-31.3%-35.1%25.6%8.1%

Price Volatility Vs. Market

How volatile is Gascoyne Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

0.22x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Gascoyne Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Gascoyne Resources to establish if it is available at substantial discount.


Price Based on Earnings

Gascoyne Resources is loss making, we can't compare its value to the Europe Metals and Mining industry average.

Gascoyne Resources is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Gascoyne Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Gascoyne Resources is good value based on assets compared to the DE Metals and Mining industry average.


Next Steps

Future Growth

How is Gascoyne Resources expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

105.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Gascoyne Resources's revenue is expected to grow by 15.8% yearly, however this is not considered high growth (20% yearly).

Gascoyne Resources's earnings are expected to grow significantly at over 20% yearly.

Gascoyne Resources's revenue growth is expected to exceed the Germany market average.

Gascoyne Resources's earnings growth is expected to exceed the Germany market average.

Gascoyne Resources's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Gascoyne Resources is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Gascoyne Resources performed over the past 5 years?

-71.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gascoyne Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Gascoyne Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Gascoyne Resources's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Gascoyne Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Gascoyne 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.


Return on Capital Employed

It is difficult to establish if Gascoyne Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Gascoyne Resources's financial position?


Financial Position Analysis

Gascoyne Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Gascoyne Resources's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Gascoyne Resources's level of debt (75.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (0% vs 75.8% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x debt.


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.

Gascoyne Resources has less than a year of cash runway based on current free cash flow.

Gascoyne Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 90.3% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Gascoyne Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Gascoyne Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Gascoyne Resources has not reported any payouts.

Unable to verify if Gascoyne Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Gascoyne 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.


Next Steps

Management

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


CEO

Gascoyne Resources has no CEO, or we have no data on them.


Insider Trading

More shares have been bought than sold by Gascoyne Resources insiders in the past 3 months.


Recent Insider Transactions

Buy€17,51613 May 19
Sally-Anne Layman
EntityIndividual
Shares560,000
Max Price€0.031
Buy€2,81513 May 19
Simon Le Messurier
EntityIndividual
Shares90,000
Max Price€0.031
Buy€134,49813 May 19
Rodney Joyce
EntityIndividual
Role
Member of the Board of Directors
Shares4,300,000
Max Price€0.031
Buy€66,76118 Apr 19
LIM Advisors Limited
EntityCompany
Shares887,757
Max Price€0.084
Buy€4,865,68716 Apr 19
DELPHI Unternehmensberatung AG
EntityCompany
Shares47,916,103
Max Price€0.10
Buy€3,909,99319 Dec 18
Colonial First State Asset Management (Australia) Limited
EntityCompany
Shares18,018,750
Max Price€0.30
Buy€903,44805 Dec 18
LIM Advisors Limited
EntityCompany
Shares12,901,042
Max Price€0.076
Buy€11,49509 Nov 18
Rodney Joyce
EntityIndividual
Role
Member of the Board of Directors
Shares150,000
Max Price€0.077
Buy€7,20031 Oct 18
Simon Le Messurier
EntityIndividual
Shares100,000
Max Price€0.072
Buy€54,15730 Oct 18
Sally-Anne Layman
EntityIndividual
Shares700,000
Max Price€0.077
Buy€18,78330 Oct 18
Rodney Joyce
EntityIndividual
Role
Member of the Board of Directors
Shares250,000
Max Price€0.075
Sell€193,96205 Oct 18
Renaissance Smaller Companies Pty Ltd
EntityCompany
Shares943,592
Max Price€0.21
Buy€1,142,84030 Aug 18
Renaissance Smaller Companies Pty Ltd
EntityCompany
Shares5,525,967
Max Price€0.21

Ownership Breakdown


Management Team

  • Eva O’Malley

    Company Secretary

    • Tenure: 8.4yrs
    • Compensation: A$97.22k
  • Julian Goldsworthy

    Chief Geologist & General Manager of Business Development

    • Compensation: A$239.40k
  • Ian Kerr

    Executive Director of Operations & Development and Executive Director

    • Tenure: 1.0yrs
    • Compensation: A$357.49k

Board Members

  • Mike Joyce

    Non-Executive Director

    • Tenure: 8.2yrs
    • Compensation: A$90.00k
  • Ian Kerr

    Executive Director of Operations & Development and Executive Director

    • Tenure: 0.9yrs
    • Compensation: A$357.49k

Company Information

Gascoyne Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gascoyne Resources Limited
  • Ticker: 6G4
  • Exchange: DB
  • Founded: 2009
  • Industry: gold
  • Sector: materials
  • Market Cap: AU$39.190m
  • Listing Market Cap: AU$24.002m
  • Shares outstanding: 1.00b
  • Website: Click here

Number of Employees


Location

  • Gascoyne Resources Limited
  • 41-47 Colin Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GCYASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2009
6G4DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2009
GCYCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2009
6G4BST (Boerse-Stuttgart)YesOrdinary SharesDEEURDec 2009

Biography

Gascoyne Resources Limited engages in the exploration, evaluation, and development of gold and base metal projects in Australia. The company holds 100% interests in the Dalgaranga gold project covering 1,0 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/19 21:20
End of Day Share Price2019/05/29 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.