AIM:GFM

Stock Analysis Report

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Market Cap

UK£179.6m

Last Updated

2021/06/21 05:51 UTC

Data Sources

Company Financials +

Executive Summary

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. More Details


Snowflake Analysis

Solid track record with high growth potential.

Share Price & News

How has Griffin Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GFM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GFM's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-17.9%

GFM

-7.0%

GB Metals and Mining

-1.7%

GB Market


1 Year Return

134.7%

GFM

41.2%

GB Metals and Mining

16.0%

GB Market

Return vs Industry: GFM exceeded the UK Metals and Mining industry which returned 41.2% over the past year.

Return vs Market: GFM exceeded the UK Market which returned 16% over the past year.


Shareholder returns

GFMIndustryMarket
7 Day-17.9%-7.0%-1.7%
30 Day-27.3%-6.1%-0.04%
90 Day-20.6%5.1%5.4%
1 Year134.7%134.7%48.8%41.2%21.6%16.0%
3 Year-30.2%-30.2%50.2%25.7%11.6%-1.3%
5 Year297.1%297.1%224.4%149.1%51.8%23.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Griffin Mining undervalued compared to its fair value and its price relative to the market?

12.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GFM (£1.03) is trading below our estimate of fair value (£1.17)

Significantly Below Fair Value: GFM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: GFM is poor value based on its PE Ratio (27.6x) compared to the UK Metals and Mining industry average (10.9x).

PE vs Market: GFM is poor value based on its PE Ratio (27.6x) compared to the UK market (25.1x).


Price to Earnings Growth Ratio

PEG Ratio: GFM is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: GFM is good value based on its PB Ratio (1.1x) compared to the GB Metals and Mining industry average (1.9x).


Future Growth

How is Griffin Mining forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GFM's forecast earnings growth (20.7% per year) is above the savings rate (0.9%).

Earnings vs Market: GFM's earnings (20.7% per year) are forecast to grow faster than the UK market (17.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GFM's revenue (20.1% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: GFM's revenue (20.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GFM's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Griffin Mining performed over the past 5 years?

3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GFM has high quality earnings.

Growing Profit Margin: GFM's current net profit margins (11.8%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: GFM has become profitable over the past 5 years, growing earnings by 3.2% per year.

Accelerating Growth: GFM's earnings growth over the past year (47.5%) exceeds its 5-year average (3.2% per year).

Earnings vs Industry: GFM earnings growth over the past year (47.5%) exceeded the Metals and Mining industry 23.9%.


Return on Equity

High ROE: GFM's Return on Equity (3.8%) is considered low.


Financial Health

How is Griffin Mining's financial position?


Financial Position Analysis

Short Term Liabilities: GFM's short term assets ($28.4M) do not cover its short term liabilities ($42.7M).

Long Term Liabilities: GFM's short term assets ($28.4M) exceed its long term liabilities ($19.0M).


Debt to Equity History and Analysis

Debt Level: GFM is debt free.

Reducing Debt: GFM has no debt compared to 5 years ago when its debt to equity ratio was 42.8%.

Debt Coverage: GFM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GFM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Griffin Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GFM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GFM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GFM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GFM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GFM's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Griffin Mining has no CEO, or we have no data on them.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Griffin Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Griffin Mining Limited
  • Ticker: GFM
  • Exchange: AIM
  • Founded: 1988
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: UK£179.648m
  • Shares outstanding: 173.99m
  • Website: https://www.griffinmining.com

Number of Employees


Location

  • Griffin Mining Limited
  • Royal Trust House
  • 8th Floor
  • London
  • Greater London
  • SW1Y 6LX
  • United Kingdom

Listings


Biography

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and base and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/21 05:51
End of Day Share Price2021/06/18 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.