Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Great Boulder Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Great Boulder Resources's
is considered below, and whether this is a fair price.
Price based on past earnings
Great Boulder Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Great Boulder Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Great Boulder Resources
expected to grow at an
Unable to compare Great Boulder Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Great Boulder Resources's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Great Boulder Resources's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Great Boulder Resources is high growth as no earnings estimate data is available.
Unable to determine if Great Boulder Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Great Boulder Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Great Boulder Resources
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Great Boulder Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Great Boulder Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Great Boulder Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Great Boulder Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Great Boulder Resources has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Andrew G. Paterson, BEng Geology MAIG GAICD, has been Managing Director and Director of Great Boulder Resources Limited since June 24, 2019. Mr. Paterson served as Technical Director of Kingston Resources Limited until June 20, 2019 and was its Executive Director and Chief Geologist from March 1, 2017 and June 2016 to June 20, 2019 respectively. Mr. Paterson served as the General Manager of Geology of Atlas Iron Limited. Mr. Paterson served as Geology Manager of Atlas Iron Limited until October 6, 2008. Mr. Paterson served as Managing Director of Mount Magnet South NL from November 13, 2006 to April 4, 2008. Mr. Paterson is a geologist with experience in mining and exploration geology, encompassing surface and underground operations and greenfields exploration projects. He served as a Senior Consultant with BM Geological Services. He has gained extensive experience in gold and nickel industries in the Yilgarn and Murchison gold fields. For the majority of his career, he has had broad exposure working in the Eastern Goldfields, predominantly in Coolgardie, Kalgoorlie and Widgimooltha. Mr. Paterson has gained an extensive knowledge in a wide range of mineralisation styles whilst working for Herald Resources, New Hampton Goldfields and Mincor. He was employed by Harmony Gold. He served as Geology Manager of Harmony's Mt Magnet Gold operations where he was responsible for the Geology team in the Underground, Open Pits and Resource Development departments. He served as Director of Mount Magnet South NL from November 13, 2006 to April 4, 2008. He is a member of the Executive Council of The Association of Mining and Exploration Companies (AMEC). He has a Bachelor of Engineering in Geology and a Graduate Diploma in Mining, both from the Western Australian School of Mines.
Insufficient data for Andrew to compare compensation growth.
Andrew's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure
Average tenure of the
Great Boulder Resources
management team in years:
The average tenure for the Great Boulder Resources management team is less than 2 years, this suggests a new team.
MD & Director
Board of Directors Tenure
Average tenure and age of the
Great Boulder Resources
board of directors in years:
The tenure for the Great Boulder Resources board of directors is about average.
Board of Directors
MD & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Great Boulder Resources Limited engages in the exploration, discovery, and delineation of mineral properties in Australia. It primarily explores for nickel-copper-cobalt and gold resources. Its principal property is the Mt Venn Project that consists of six granted exploration licenses and one granted prospecting license located in east of Laverton in the Eastern Goldfields District of Western Australia. The company was incorporated in 2016 and is based in West Perth, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.