How does 6MV's PS Ratio compare to its peers?

6MV is expensive based on its Price-To-Sales Ratio (5.7x) compared to the peer average (0.6x).

How does 6MV's PS Ratio compare vs other companies in the European Metals and Mining Industry?

6MV is expensive based on its Price-To-Sales Ratio (5.7x) compared to the European Metals and Mining industry average (0.7x).

What is 6MV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 6MV's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 6MV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 6MV's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Grangex (DB:6MV) - Stock Price, News & Analysis

6MV Stock Overview

Operates as a mineral development company, engages in identifies, acquires, and develops portfolio of mineral projects in Europe. More details

6MV fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 55.5% per year over past 5 years

Shareholders have been substantially diluted in the past year

Shares are highly illiquid

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Grangex AB Competitors

Delignit

XTRA:DLX

€25.0m

Bio-Gate

DB:BIG1

€6.6m

IBU-tec advanced materials

XTRA:IBU

€28.9m

Battery Mineral Resources

TSXV:BMR

CA$19.9m

Price History & Performance

Summary of share price highs, lows and changes for Grangex
Historical stock prices
Current Share Price	SEK 0.96
52 Week High	SEK 0.96
52 Week Low	SEK 0.89
Beta	-1.2
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	7.54%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	6MV	DE Metals and Mining	DE Market
7D	1.7%	2.1%	-0.02%
1Y	n/a	-0.2%	15.1%

Return vs Industry: Insufficient data to determine how 6MV performed against the German Metals and Mining industry.

Return vs Market: Insufficient data to determine how 6MV performed against the German Market.

Price Volatility

Is 6MV's price volatile compared to industry and market?
6MV volatility
6MV Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	6.4%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 6MV's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine 6MV's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	41	Christer Lindqvist	grangesbergexploration.se

Grangex AB operates as a mineral development company, engages in identifies, acquires, and develops portfolio of mineral projects in Europe. It primarily explores for lead, phosphate, and iron ores. The company owns Dannemora mine located in Östhammar; and the Apatite project located in Grängesberg.

Grangex AB Fundamentals Summary

How do Grangex's earnings and revenue compare to its market cap?
6MV fundamental statistics
Market cap	€14.27m
Earnings (TTM)	-€8.97m
Revenue (TTM)	€2.49m

5.7x

P/S Ratio

-1.6x

P/E Ratio

Is 6MV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6MV income statement (TTM)
Revenue	SEK 28.17m
Cost of Revenue	SEK 13.73m
Gross Profit	SEK 14.45m
Other Expenses	SEK 115.87m
Earnings	-SEK 101.42m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-7.24
Gross Margin	51.28%
Net Profit Margin	-360.01%
Debt/Equity Ratio	1,169.2%

How did 6MV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 04:12
End of Day Share Price	2025/02/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grangex AB is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.