company background image
GGP

Greatland GoldAIM:GGP Stock Report

Market Cap

UK£681.9m

7D

-3.9%

1Y

-25.1%

Updated

22 Oct, 2021

Data

Company Financials +
GGP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

GGP Overview

Greatland Gold plc engages in the exploration and development of natural resources in the United Kingdom and Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Greatland Gold
Historical stock prices
Current Share PriceUK£0.17
52 Week HighUK£0.15
52 Week LowUK£0.39
Beta0.13
1 Month Change3.66%
3 Month Change-5.98%
1 Year Change-25.11%
3 Year Change1,509.30%
5 Year Change8,339.02%
Change since IPO668.89%

Recent News & Updates

Shareholder Returns

GGPGB Metals and MiningGB Market
7D-3.9%-3.0%-0.3%
1Y-25.1%27.4%23.1%

Return vs Industry: GGP underperformed the UK Metals and Mining industry which returned 28% over the past year.

Return vs Market: GGP underperformed the UK Market which returned 24.4% over the past year.

Price Volatility

Is GGP's price volatile compared to industry and market?
GGP volatility
GGP Beta0.13
Industry Beta0.98
Market Beta1

Stable Share Price: GGP is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: GGP's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
20058Shaun Dayhttps://greatlandgold.com

Greatland Gold plc engages in the exploration and development of natural resources in the United Kingdom and Australia. It explores for gold, nickel, cobalt, and copper deposits. The company holds 100% interest in the Paterson project, Panorama project, Ernest Giles project, and Bromus project located in Western Australia.

Greatland Gold Fundamentals Summary

How do Greatland Gold's earnings and revenue compare to its market cap?
GGP fundamental statistics
Market CapUK£681.90m
Earnings (TTM)-UK£5.20m
Revenue (TTM)n/a

0x

P/S Ratio

-132.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GGP income statement (TTM)
RevenueUK£0
Cost of RevenueUK£0
Gross ProfitUK£0
ExpensesUK£5.20m
Earnings-UK£5.20m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.0013
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GGP perform over the long term?

See historical performance and comparison

Valuation

Is Greatland Gold undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GGP (£0.17) is trading below our estimate of fair value (£2.36)

Significantly Below Fair Value: GGP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GGP is unprofitable, so we can't compare its PE Ratio to the UK Metals and Mining industry average.

PE vs Market: GGP is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GGP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GGP is overvalued based on its PB Ratio (92x) compared to the GB Metals and Mining industry average (2x).


Future Growth

How is Greatland Gold forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

67.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GGP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: GGP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GGP's is expected to become profitable in the next 3 years.

Revenue vs Market: GGP is forecast to have no revenue next year.

High Growth Revenue: GGP is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GGP's Return on Equity is forecast to be very high in 3 years time (164.4%).


Past Performance

How has Greatland Gold performed over the past 5 years?

-40.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GGP is currently unprofitable.

Growing Profit Margin: GGP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GGP is unprofitable, and losses have increased over the past 5 years at a rate of 40.1% per year.

Accelerating Growth: Unable to compare GGP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GGP is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (143.5%).


Return on Equity

High ROE: GGP has a negative Return on Equity (-69.59%), as it is currently unprofitable.


Financial Health

How is Greatland Gold's financial position?


Financial Position Analysis

Short Term Liabilities: GGP's short term assets (£6.1M) exceed its short term liabilities (£792.3K).

Long Term Liabilities: GGP's short term assets (£6.1M) exceed its long term liabilities (£1.7M).


Debt to Equity History and Analysis

Debt Level: GGP is debt free.

Reducing Debt: GGP has not had any debt for past 5 years.


Balance Sheet


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.

Stable Cash Runway: Insufficient data to determine if GGP has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GGP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Greatland Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate GGP'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 GGP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GGP'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 GGP'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?

0.2yrs

Average board tenure


CEO

Shaun Day (47 yo)

0.67

Tenure

Mr. Shaun Day, B.Com. CA, AICD, CFA, is Non-Executive Director at Aurumin Limited since 19 May 2020. He serves as Chief Executive Officer and Director at Greatland Gold Plc since February 8, 2021. He has b...


Board Members

Experienced Board: GGP's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

Greatland Gold plc's employee growth, exchange listings and data sources


Key Information

  • Name: Greatland Gold plc
  • Ticker: GGP
  • Exchange: AIM
  • Founded: 2005
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£681.902m
  • Shares outstanding: 3.96b
  • Website: https://greatlandgold.com

Number of Employees


Location

  • Greatland Gold plc
  • 33 St. James's Square
  • London
  • Greater London
  • SW1Y 4JS
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 21:02
End of Day Share Price2021/10/22 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.