Green Minerals (OB:GEM) - Share price, News & Analysis

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

GEM Stock Overview

Green Minerals AS provides offshore mining and marine minerals on the Norwegian continental shelf.

Risk Analysis

Earnings are forecast to decline by an average of 57.5% per year for the next 3 years

Makes less than USD$1m in revenue (NOK0)

Currently unprofitable and not forecast to become profitable over the next 3 years

Volatile share price over the past 3 months

+ 2 more risks

Green Minerals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Green Minerals
Historical stock prices
Current Share Price	kr12.00
52 Week High	kr29.47
52 Week Low	kr7.51
Beta	0
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%

Shareholder Returns

	GEM	NO Metals and Mining	NO Market
7D	-2.8%	-1.1%	2.6%
1Y	-28.1%	27.6%	11.9%

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.

Price Volatility

Is GEM's price volatile compared to industry and market?
GEM volatility
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

Founded	Employees	CEO	Website
2020	3	Stale Monstad	https://greenminerals.no

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

How do Green Minerals's earnings and revenue compare to its market cap?
GEM fundamental statistics
Market Cap	kr154.64m
Earnings (TTM)	-kr10.65m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-14.5x

P/E Ratio

Is GEM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GEM income statement (TTM)
Revenue	kr0
Cost of Revenue	kr0
Gross Profit	kr0
Other Expenses	kr10.65m
Earnings	-kr10.65m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 20, 2022

Earnings per share (EPS)	-0.83
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did GEM perform over the long term?

See historical performance and comparison

Valuation

Is Green Minerals undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

8.11x

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).

Future Growth

How is Green Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-57.5%

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

Past Performance

How has Green Minerals performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-1,671.7%

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.

Financial Health

How is Green Minerals's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

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.

Balance Sheet

Dividend

What is Green Minerals's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
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.

Next Steps

Explore strong dividend paying companies in the Materials industry.

Management

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

CEO

Stale Monstad

0.33

Tenure

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...

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/16 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31