Gateway Mining Limited (GML) AI Stock Analysis

• Market Cap: AU$12.67M
• Dividend Yield: N/A
• Average Volume (3M): 669.98K
• Price to Earnings (P/E): 4.9
• Beta (1Y): 1.35
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Gold
• EPS (TTM): <0.01
• Shares Outstanding: 408,820,280
• 10 Day Avg. Volume: 781,442
• 30 Day Avg. Volume: 669,984
• PEG Ratio: 0.03
• Price to Book (P/B): 0.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.27
• 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

• Rating: 56 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

The overall stock score of 56 reflects significant financial challenges, particularly declining revenues and negative cash flows, which are major concerns for sustainability. Technical analysis shows some positive momentum, slightly offsetting financial weaknesses. The valuation suggests the stock may be undervalued, but the lack of a dividend yield indicates caution. Overall, financial performance remains the most pressing issue.

Gateway Mining Limited Business Overview & Revenue Model

Company Description

Gateway Mining Limited primarily explores for gold and base metal properties in Western Australia. It owns 100% interest in its flagship Montague Gold project covering an area of approximately 1000 square kilometers located in the town of Sandstone. Gateway Mining Limited was incorporated in 1957 and is based in Subiaco, Australia.

How the Company Makes Money

Gateway Mining Limited generates revenue primarily through the exploration and potential sale or joint venture of its mineral projects. The company invests in exploratory activities to discover economically viable mineral resources, particularly gold and base metals. Once significant deposits are identified, GML may sell the rights to these deposits to larger mining companies or enter into joint ventures where they partner with other firms to develop and eventually produce the minerals. Revenue may also be generated through the sale of any produced minerals if the company decides to engage in mining operations directly. Strategic partnerships with other mining and exploration companies can also contribute to their revenue stream by sharing exploration costs and risks, and potentially benefiting from shared technical expertise and resources.

Gateway Mining Limited Financial Statement Overview

Summary

Gateway Mining Limited faces significant financial challenges with declining revenues, negative profitability, and negative cash flow. These issues raise concerns about sustainability and long-term financial health. Despite a strong equity ratio and low leverage, the continuous losses and operational inefficiencies are critical problems.

Income Statement

Gateway Mining Limited has experienced negative revenue growth, with total revenue dropping significantly over the years, culminating in negative revenue in 2024. The company consistently reports negative net income and EBIT, indicating ongoing unprofitability. Gross profit margins are also negative, further highlighting profitability challenges.

Balance Sheet

The company's debt-to-equity ratio is low, suggesting limited reliance on debt financing, which is a positive sign. However, the return on equity is negative due to continuous losses, impacting shareholder value. The equity ratio is strong, indicating a healthy proportion of equity financing relative to assets.

Cash Flow

Gateway Mining Limited exhibits negative free cash flow, reflecting cash outflows exceeding inflows from operations and capital expenditures. The operating cash flow is consistently negative, indicating challenges in generating cash from core operations. Despite these challenges, the company has managed to maintain positive financing cash flow, suggesting some ability to secure financing.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
3.98M	-188.00K	42.80K	10.00K	50.00K	73.82K
	Gross Profit
3.76M	-440.00K	10.17K	-46.91K	18.00K	73.24K
	EBIT
2.62M	-1.22M	-1.19M	-1.36M	-1.05M	-969.50K
	EBITDA
2.72M	-1.26M	-1.21M	-1.30M	-1.56M	-969.50K
	Net Income Common Stockholders
2.54M	-1.67M	-1.24M	-1.36M	-1.59M	-666.84K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.75M	1.40M	1.41M	3.73M	3.57M	1.26M
	Total Assets
32.42M	28.38M	27.07M	26.31M	20.66M	12.80M
	Total Debt
101.82K	120.57K	46.41K	90.12K	123.21K	0.00
	Net Debt
-4.64M	-1.28M	-1.37M	-3.64M	-3.45M	-1.26M
	Total Liabilities
364.56K	2.14M	1.81M	1.87M	835.74K	334.01K
	Stockholders Equity
32.06M	26.24M	25.26M	24.44M	19.82M	12.46M
Cash Flow		Free Cash Flow
-3.19M	-3.24M	-4.98M	-5.47M	-6.39M	-4.20M
	Operating Cash Flow
-1.41M	-1.07M	-997.91K	-1.08M	-1.00M	-815.46K
	Investing Cash Flow
3.22M	-1.33M	-3.69M	-4.39M	-5.15M	-3.14M
	Financing Cash Flow
1.01M	2.39M	2.37M	5.62M	8.47M	3.37M

Gateway Mining Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GML, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 61.28 is Neutral, neither overbought nor oversold. The STOCH value of -16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GML.

Gateway Mining Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GML	56 Neutral	AU$12.67M	4.92	8.76%	―	―	―
Sector *	51 Neutral	$2.04B	-1.23	-21.09%	3.96%	2.90%	-30.45%
NESRF		$19.88B	28.03	11.01%	2.27%	―	―
RMGGF		$788.57M	41.67	-5.02%	―	―	―
ELKMF		$2.39B	28.31	13.42%	0.77%	―	―
SMI	45 Neutral	AU$440.86M	―	-5.89%	―	―	63.46%

Gateway Mining Limited Corporate Events

Gateway Mining Appoints Experienced Geologist to Board

Gateway Mining Limited has announced the appointment of David Crook as a Non-Executive Director. With over 40 years of experience in geology and mining, Mr. Crook brings significant expertise in gold and base metals, which aligns with Gateway’s strategic focus. His previous roles include Managing Director of Pioneer Resources Limited and current Managing Director of Tyranna Resources Ltd. This appointment is expected to enhance Gateway’s exploration ambitions and contribute to the company’s growth and development.

Gateway Mining Limited Ceases Substantial Holding in Brightstar Resources

Gateway Mining Limited announced that it has ceased to be a substantial shareholder in Brightstar Resources Limited due to an administrative oversight that delayed the lodgement of the necessary Form 605. The company assures stakeholders that this was an isolated incident and that it maintains robust reporting and compliance practices to meet ASX Listing Rules and the Corporations Act 2001 requirements.

Gateway Mining Advances Exploration at Barrelmaker Gold Project

Gateway Mining Limited has completed high-quality magnetic, geochemical, and field programs at its Barrelmaker Gold Project in Western Australia, setting the stage for the next phase of exploration. The acquisition of comprehensive airborne magnetic survey data and regional geochemical sampling, along with field assessments, will aid in understanding gold mineralization and designing future exploration programs. This development positions the Barrelmaker Project as a significant opportunity within an area of active mergers and acquisitions, potentially impacting the company’s strategic positioning and stakeholder interests.

Gateway Mining Advances Exploration at Barrelmaker Gold Project

Gateway Mining Limited has completed foundational exploration programs at its Barrelmaker Gold Project in Western Australia, which is considered a large-scale exploration opportunity. The company has acquired high-quality magnetic and geochemical data, completed field assessments, and is preparing for future drilling programs. These efforts are aimed at systematically assessing and targeting potential gold mineralization areas, positioning the company for further exploration and potential discoveries.