GEM Stock Overview
Green Minerals AS provides offshore mining and marine minerals on the Norwegian continental shelf.
Green Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr12.00|
|52 Week High||kr29.47|
|52 Week Low||kr7.51|
|1 Month Change||-20.00%|
|3 Month Change||20.12%|
|1 Year Change||-28.14%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-60.00%|
Recent News & Updates
|GEM||NO Metals and Mining||NO Market|
Return vs Industry: GEM underperformed the Norwegian Metals and Mining industry which returned 27.5% over the past year.
Return vs Market: GEM underperformed the Norwegian Market which returned 13.3% over the past year.
|GEM Average Weekly Movement||10.1%|
|Metals and Mining Industry Average Movement||7.9%|
|Market Average Movement||7.5%|
|10% most volatile stocks in NO Market||12.7%|
|10% least volatile stocks in NO Market||4.3%|
Stable Share Price: GEM is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: GEM's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
Green Minerals AS provides offshore mining and marine minerals on the Norwegian continental shelf. It engages in deep sea mining of minerals and rare earth elements. The company was founded in 2020 and is based in Asker, Norway.
Green Minerals Fundamentals Summary
|GEM fundamental statistics|
Is GEM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GEM income statement (TTM)|
|Cost of Revenue||kr0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
May 20, 2022
|Earnings per share (EPS)||-0.83|
|Net Profit Margin||0.00%|
How did GEM perform over the long term?See historical performance and comparison
Is Green Minerals undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GEM's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate GEM's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: GEM is unprofitable, so we can't compare its PE Ratio to the European Metals and Mining industry average.
PE vs Market: GEM is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GEM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GEM is overvalued based on its PB Ratio (8.1x) compared to the NO Metals and Mining industry average (3.7x).
How is Green Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GEM is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GEM is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GEM is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if GEM's revenue is forecast to grow faster than the Norwegian market.
High Growth Revenue: GEM is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GEM's Return on Equity is forecast to be high in 3 years time
How has Green Minerals performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: GEM is currently unprofitable.
Growing Profit Margin: GEM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if GEM's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare GEM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GEM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (112.7%).
Return on Equity
High ROE: GEM has a negative Return on Equity (-55.81%), as it is currently unprofitable.
How is Green Minerals's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GEM's short term assets (NOK19.7M) exceed its short term liabilities (NOK644.8K).
Long Term Liabilities: GEM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GEM is debt free.
Reducing Debt: GEM has not had any debt for past 5 years.
Debt Coverage: GEM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GEM has no debt, therefore coverage of interest payments is not a concern.
What is Green Minerals's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GEM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GEM'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 GEM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GEM's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GEM has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Stale Monstad serves as Chief Executive Officer for Green Minerals AS since 2022. He served as Chief Geoscientist and Head of Exploration of Green Minerals AS since April 2021 until 2022. He has experi...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Green Minerals AS's employee growth, exchange listings and data sources
- Name: Green Minerals AS
- Ticker: GEM
- Exchange: OB
- Founded: 2020
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: kr154.637m
- Shares outstanding: 12.89m
- Website: https://greenminerals.no
Number of Employees
- Green Minerals AS
- Hagaløkkveien 26
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/16 00:00|
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.