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
Gateway Mining. 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
is considered below, and whether this is a fair price.
Price based on past earnings
Gateway Mining'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 Gateway Mining 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
expected to grow at an
Unable to compare Gateway Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Gateway Mining's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Gateway Mining's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Gateway Mining is high growth as no earnings estimate data is available.
Unable to determine if Gateway Mining 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.
Gateway Mining'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.
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.
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. Peter James Langworthy, B.Sc. (Geology) (Hons), MAusIMM, is the Founder and Principal Consultant of the exploration consulting firm OMNI GeoX Pty Ltd. Mr. Langworthy is Managing Director at Gateway Mining Limited since March 15, 2018 and serves as its Director. He served as Executive General Manager of Geology at Capricorn Metals Limited since March 14, 2017 until February 02, 2018. He served as Technical Director at Capricorn Metals Limited since July 2013 until March 14, 2017. He served as an Executive General Manager of Exploration of Xstrata Nickel Australasia Pty Ltd. since November 20, 2003. His career spans 30 years in mineral exploration and project development both in Australia and internationally. The first decade of his career was with Western Mining Corporation, commencing as a geologist and reaching exploration management positions. He was part of the management team at Pacmin Mining Corporation Ltd which grew to be one of Australia’s larger gold mining companies until taken over. His industry experience includes senior management roles with WMC Resources Limited and Jubilee Mines NL. He led the management team that was responsible for numerous discoveries that led to the outstanding success of Jubilee Mines. He served as Technical Director of Talisman Mining Ltd. from June 17, 2009 to November 9, 2011. He was Geology Manager for the Leinster Nickel Operation and prior to this was Exploration Manager for all nickel exploration in the Mount Keith Leinster belt for WMC. He served as General Manager of Sipa Resources Ltd. until November 19, 2003. Mr. Langworthy has been the Independent Non-Executive Chairman and Independent Director of DiscovEx Resources Limited since March 20, 2012. He served as the Non Executive Chairman of Falcon Minerals Ltd. from February 18, 2008 to July 31, 2009. He has been an Independent Non-Executive Director of Silver Mines Limited since June 20, 2016. He serves as Director of Jericho Exploration Pty Ltd. He was Non Executive Director of Capricorn Metals Limited since February 02, 2018 until November 8, 2018. He served as Executive Director of Capricorn Metals Limited since July 24, 2013 until March 14, 2017. He served as an Executive Director of Talisman Mining Ltd., from June 17, 2009 to November 9, 2011. He served as Non-Executive Director of Northern Star Resources Limited from June 16, 2006 to April 22, 2009, Falcon Minerals Ltd., from February 18, 2008 to 2009 and Pioneer Resources Limited from November 29, 2004 to July 22, 2009. He graduated with a Bachelor of Science (Geology) degree (Hons) from Macquarie University in 1986.
Peter's compensation has been consistent with company performance over the past year, both up more than 20%.
Peter's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Gateway Mining management team is about average.
Executive MD & Director
Executive Technical Director & Director
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Gateway Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors
Executive MD & Director
Executive Technical Director & Director
Independent Non-Executive Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Gateway Mining Limited primarily explores for gold and base metal properties in Western Australia. It also explores for copper, lead, zinc, nickel, and lithium deposits. The company owns a 100% interest in the Gidgee Gold project covering an area of approximately 700 square kilometers located in the township of Sandstone. It also has interests in a portfolio of six exploration projects, including the Bryah Basin, Cunyu, Edjudina, Edna May, Southern Cross, and Sylvania projects located in the Yilgarn, Bryah, and Pilbara districts. Gateway Mining Limited is based in Sydney, Australia.
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