Gibb River Diamonds Limited (GIB) AI Stock Analysis

• Market Cap: €7.29M
• Dividend Yield: N/A
• Average Volume (3M): 89.84K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.79
• Revenue Growth: N/A
• EPS Growth: 31.25%
• Country: AU
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 214,509,450
• 10 Day Avg. Volume: 160,018
• 30 Day Avg. Volume: 89,840
• PEG Ratio: -220.19
• Price to Book (P/B): 6.38
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.62K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Gibb River Diamonds Limited struggles with significant financial issues, including no revenue generation and consistent losses, which severely impacts its stock score. While technically there is some positive short-term price action, the valuation is poor due to a negative P/E ratio. The company's financial health requires immediate strategic changes.

Gibb River Diamonds Limited Business Overview & Revenue Model

Company Description

Gibb River Diamonds Limited engages in the mineral exploration business in Australia. It holds 100% interests in the Ellendale Diamond project located in Kimberley Region, Western Australia; and the Highland Plains Phosphate project situated in Northern Territory, Australia. The company also has a 20% interest in the Iroquois Zinc-Lead project in the Earaheedy Basin (tenement E69/2820) located to the north-east of Wiluna, Western Australia. In addition, it holds an option to acquire a 100% interest in the Edjudina Gold project situated in the Eastern Goldfields region of Western Australia. The company was formerly known as POZ Minerals Limited and changed its name to Gibb River Diamonds Limited in November 2018. Gibb River Diamonds Limited was incorporated in 2008 and is based in West Perth, Australia.

How the Company Makes Money

Gibb River Diamonds Limited generates revenue primarily through the exploration and potential future extraction and sale of diamond resources. The company's revenue streams are expected to arise from successful exploration and development of its diamond projects, which could lead to the sale of diamond resources in the market. Additionally, Gibb River Diamonds may engage in strategic partnerships, joint ventures, or agreements with other mining companies to further develop their projects and share in the profits generated from these collaborations. These partnerships could provide additional funding or technical expertise, enhancing the company's ability to monetize its mineral assets. As an exploration company, Gibb River Diamonds' earnings are highly dependent on its ability to discover economically viable diamond deposits and advance these projects towards production.

Gibb River Diamonds Limited Financial Statement Overview

Summary

Gibb River Diamonds Limited faces significant financial challenges with no revenue generation and persistent losses. The company's balance sheet is relatively stable due to low debt levels, but cash flow issues and negative profitability indicate financial distress. Immediate strategic changes are necessary to improve financial health.

Income Statement

Gibb River Diamonds Limited has consistently reported zero revenue over the years, indicating a lack of sales or operational income. The company is also experiencing significant net losses, with a negative net profit margin. EBIT and EBITDA margins are negative, highlighting ongoing operational challenges. Revenue growth is nonexistent due to no reported revenue.

Balance Sheet

The company's debt-to-equity ratio is low, indicating minimal reliance on debt, which is a positive aspect. However, the return on equity is negative due to continuous losses, and the equity ratio has shown a declining trend, raising concerns about financial stability.

Cash Flow

Operating cash flow is consistently negative, suggesting operational cash management issues. Free cash flow is also negative and shows a declining trend, indicating potential financial strain. The company's ability to generate cash from operations is limited.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	325.00	0.00
	Gross Profit
-41.59K	-64.47K	-56.57K	-48.16K	-36.14K	-9.44K
	EBIT
―	-1.44M	-1.65M	-2.08M	-1.31M	-655.23K
	EBITDA
-796.61K	-1.44M	-627.34K	-940.58K	2.01M	-669.02K
	Net Income Common Stockholders
―	-1.59M	-683.91K	-988.74K	1.98M	-521.62K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.14M	1.74M	759.03K	2.11M	2.32M	683.11K
	Total Assets
1.43M	2.05M	3.41M	3.79M	8.78M	3.08M
	Total Debt
11.31K	28.27K	27.53K	54.80K	33.61K	0.00
	Net Debt
-1.13M	-1.71M	-731.50K	-2.05M	-2.28M	-683.11K
	Total Liabilities
185.34K	363.93K	296.65K	390.34K	237.87K	114.35K
	Stockholders Equity
1.24M	1.68M	3.11M	3.40M	8.54M	2.96M
Cash Flow		Free Cash Flow
―	-1.17M	-1.32M	-404.17K	-1.89M	-589.74K
	Operating Cash Flow
―	-1.16M	-1.27M	-400.56K	-343.27K	-193.04K
	Investing Cash Flow
0.00	2.17M	-52.86K	216.39K	477.67K	-396.69K
	Financing Cash Flow
―	-34.84K	-29.58K	-23.72K	1.50M	0.00

Gibb River Diamonds Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GIB, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 28.88 is Positive, neither overbought nor oversold. The STOCH value of 17.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GIB.

Gibb River Diamonds Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GEM	66 Neutral	AU$1.05B	15.45	7.43%	4.25%	3.24%	21.10%
Sector *	50 Neutral	$1.97B	-1.14	-21.33%	3.61%	1.59%	-30.68%
GIB	35 Underperform	€7.29M	―	-76.62%	―	―	31.25%

Gibb River Diamonds Limited Corporate Events

Gibb River Diamonds Advances Edjudina Gold Project with Mining Proposal

Gibb River Diamonds Limited has submitted a Mining Proposal for the Neta Prospect within the Edjudina Gold Project to the West Australian Mines Department. This step is crucial for the company as it aims to commence mining operations and monetize the Neta resource, which holds significant gold reserves. The company is also working on finalizing a heritage survey with the WTAC Native Title group and engaging in discussions with local groups for mine, haul, and toll milling operations, indicating a strategic move to enhance its operational capabilities and market position.

Gibb River Diamonds Limited Releases Interim Financial Report for 2024

Gibb River Diamonds Limited has released its interim financial report for the period ending December 31, 2024. The report provides insights into the company’s financial performance, including statements of profit or loss, financial position, cash flows, and changes in equity. This release is crucial for stakeholders as it offers a comprehensive overview of the company’s financial health and operational efficiency during the period, potentially impacting investor confidence and strategic decision-making.

Gibb River Diamonds Expands Gold Resource at Edjudina Project

Gibb River Diamonds Limited has announced a maiden JORC Inferred Resource of 24,800 tonnes at 1.51g/t for 1,200 ounces of gold at the historic leach pads of its Edjudina Gold Project in Western Australia. This resource complements the existing JORC Indicated and Inferred Resource at the Neta Prospect, enhancing the company’s Mine & Haul operation plans. The leach pads, which are easily accessible and situated above ground, offer a straightforward opportunity for transportation and processing, potentially impacting the company’s operational efficiency and market positioning.

Gibb River Diamonds Secures Mining Lease for Edjudina Gold Project

Gibb River Diamonds Limited has been granted a crucial mining lease for the Neta Resource at the Edjudina Gold Project, marking a significant milestone for the company. This advancement allows Gibb River to focus on mining or monetizing the Neta gold resource, with plans underway to submit a Mining Proposal to the West Australian Mines Department. The company is also coordinating with Aboriginal groups for heritage surveys and is in discussions with a West Australian group for mine operations and toll milling.