ioneer Ltd

OTCPK:GSCC.F Stock Report

Market Cap: US$321.5m

ioneer Valuation

Is GSCC.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate GSCC.F's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GSCC.F's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GSCC.F?

Key metric: As GSCC.F is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for GSCC.F. This is calculated by dividing GSCC.F's market cap by their current book value.
What is GSCC.F's PB Ratio?
PB Ratio1.5x
BookUS$218.22m
Market CapUS$321.48m

Price to Book Ratio vs Peers

How does GSCC.F's PB Ratio compare to its peers?

The above table shows the PB ratio for GSCC.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average16.8x
EUBG Entrepreneur Universe Bright Group
42.9xn/aUS$362.2m
REEM.F Rare Element Resources
6.9xn/aUS$202.1m
LZM Lifezone Metals
15.6x101.0%US$551.6m
CMP Compass Minerals International
1.7x60.7%US$614.7m
GSCC.F ioneer
1.5x-16.5%US$494.7m

Price-To-Book vs Peers: GSCC.F is good value based on its Price-To-Book Ratio (1.5x) compared to the peer average (16.8x).

Price to Book Ratio vs Industry

How does GSCC.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
BMXI Brookmount Explorations
0.1xn/aUS$5.00m
LITM Snow Lake Resources
0.2xn/aUS$4.27m
GSCC.F 1.5xIndustry Avg. 1.7xNo. of Companies16PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: GSCC.F is good value based on its Price-To-Book Ratio (1.5x) compared to the US Metals and Mining industry average (1.7x).

Price to Book Ratio vs Fair Ratio

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

GSCC.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate GSCC.F's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

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

The above table shows the analyst GSCC.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.14
US$0.24
+78.2%
34.0%US$0.33US$0.13n/a3
Nov ’25US$0.19
US$0.26
+36.6%
20.4%US$0.33US$0.20n/a3
Oct ’25US$0.16
US$0.25
+60.9%
22.2%US$0.33US$0.20n/a3
Sep ’25US$0.079
US$0.25
+216.2%
22.2%US$0.33US$0.20n/a3
Aug ’25US$0.08
US$0.25
+213.8%
22.2%US$0.33US$0.20n/a3
Jul ’25US$0.11
US$0.25
+136.0%
22.2%US$0.33US$0.20n/a3
Jun ’25US$0.15
US$0.26
+72.7%
22.2%US$0.33US$0.20n/a3
May ’25US$0.12
US$0.32
+162.3%
46.5%US$0.53US$0.20n/a3
Apr ’25US$0.11
US$0.32
+184.5%
46.5%US$0.53US$0.20n/a3
Mar ’25US$0.096
US$0.36
+273.4%
45.5%US$0.52US$0.19n/a2
Feb ’25US$0.07
US$0.41
+486.6%
21.3%US$0.53US$0.33n/a3
Jan ’25US$0.11
US$0.36
+236.0%
26.2%US$0.51US$0.25n/a4
Dec ’24US$0.098
US$0.36
+264.9%
26.2%US$0.51US$0.25n/a4
Nov ’24US$0.10
US$0.36
+245.9%
26.2%US$0.51US$0.25US$0.194
Oct ’24US$0.13
US$0.39
+195.9%
18.4%US$0.51US$0.32US$0.164
Sep ’24US$0.17
US$0.44
+163.9%
21.1%US$0.57US$0.33US$0.0795
Aug ’24US$0.20
US$0.44
+117.1%
21.1%US$0.57US$0.33US$0.085
Jul ’24US$0.23
US$0.44
+88.7%
21.1%US$0.57US$0.33US$0.115
Jun ’24US$0.22
US$0.45
+105.3%
21.1%US$0.58US$0.34US$0.155
May ’24US$0.20
US$0.45
+127.0%
23.5%US$0.57US$0.30US$0.124
Apr ’24US$0.21
US$0.45
+116.0%
26.7%US$0.58US$0.27US$0.114
Mar ’24US$0.25
US$0.54
+116.0%
11.7%US$0.61US$0.44US$0.0964
Feb ’24US$0.31
US$0.54
+74.2%
11.7%US$0.61US$0.44US$0.074
Jan ’24US$0.28
US$0.53
+94.4%
7.6%US$0.59US$0.48US$0.114
Dec ’23US$0.40
US$0.53
+33.6%
7.6%US$0.59US$0.48US$0.0984
Nov ’23US$0.35
US$0.53
+54.0%
7.6%US$0.59US$0.48US$0.104

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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