Goldplat (GDP) AI Stock Analysis

• Market Cap: £19.21M
• Dividend Yield: 2.48%
• Average Volume (3M): 485.57K
• Price to Earnings (P/E): 18.4
• Beta (1Y): 0.41
• Revenue Growth: -22.04%
• EPS Growth: -75.70%
• Country: UK
• Employees: 474
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 170,782,670
• 10 Day Avg. Volume: 758,642
• 30 Day Avg. Volume: 485,572
• PEG Ratio: -0.14
• Price to Book (P/B): 0.46
• Price to Sales (P/S): 0.19
• P/FCF Ratio: 2.35
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: 12.00p ▲(45.45% Upside)

The score is driven primarily by solid financial resilience (strong cash flow and very low leverage), tempered by declining revenue and compressing profit margins. Technicals are supportive but appear overextended (high RSI/Stoch), while valuation is reasonable with a modest dividend yield.

Positive Factors

Strong free cash flow generation

Sustained high free cash flow growth and a 0.75 FCF-to-net-income ratio indicate durable cash conversion. This supports funding of operations, modest dividends, maintenance capex and strategic initiatives without reliance on external debt in a cyclical commodity business.

Very low financial leverage

Extremely low leverage provides balance sheet resilience through commodity cycles, reducing refinancing risk and interest burden. It preserves financial flexibility for capital allocation, partnership investments or opportunistic M&A while protecting returns in downturns.

Niche gold-recovery business model and footprint

Specialized recovery of gold from tailings and recycling gives recurring fee and product revenue with lower capital intensity than primary mining. Established plants and technology in SA and Ghana plus feed partnerships support steady throughput and a defensible service niche.

Negative Factors

Declining revenue trend

Persistent revenue decline raises concern about reduced feedstock volumes, pricing pressure or customer losses. Over months this erodes scale economics, limits margin recovery potential and constrains cash available for reinvestment and growth initiatives.

Compressing gross and net margins

Narrowing gross and net margins materially weaken the firm's ability to absorb cost inflation or lower throughput. Sustained margin compression reduces retained earnings, limits capital for efficiency projects, and heightens sensitivity to commodity price swings.

Sharp decline in earnings per share

A severe EPS contraction signals either one-off charges or structural profitability issues. Over the medium term this can suppress ROE, limit dividend sustainability, and reduce internal funding for operational improvements, making strategic recovery harder.

Goldplat Business Overview & Revenue Model

Company Description

Goldplat PLC, together with its subsidiaries, engages in the mining and exploration of gold deposits in South Africa and Ghana. Goldplat PLC was incorporated in 2005 and is based in London, the United Kingdom.

How the Company Makes Money

Goldplat generates revenue primarily through its gold recovery operations, where it processes materials from mining companies that contain residual gold and other precious metals. The company earns money by charging fees for these recovery services, as well as by selling the recovered gold and other metals on the open market. Additionally, Goldplat may benefit from partnerships with mining companies that provide them with a steady stream of material to process, thus ensuring a consistent revenue flow. Fluctuations in gold prices and operational efficiencies also significantly impact its earnings, as higher market prices for gold can lead to increased margins on their recovery operations.

Goldplat Financial Statement Overview

Summary

Mixed fundamentals: strong cash generation (free cash flow growth 56.79% and solid cash conversion) and a very low debt-to-equity ratio (0.022) support stability, but declining revenue (-12.67%) and weakening gross/net margins (14.37% / 1.79%) are meaningful profitability risks.

Income Statement

Goldplat's income statement shows a declining revenue trend with a negative growth rate of -12.67% in the latest year. Gross profit margin decreased to 14.37%, and net profit margin fell to 1.79%. Despite these challenges, the company maintains positive EBIT and EBITDA margins, indicating operational efficiency. However, the declining revenue and profit margins suggest potential risks in maintaining profitability.

Balance Sheet

The balance sheet reflects a strong financial position with a low debt-to-equity ratio of 0.022, indicating minimal leverage. The equity ratio stands at a healthy level, and the return on equity, although reduced, remains positive at 4.45%. The company's low leverage and solid equity base provide stability, though the reduced ROE suggests a need for improved profitability.

Cash Flow

Goldplat's cash flow statement highlights a robust free cash flow growth rate of 56.79%, demonstrating strong cash generation capabilities. The operating cash flow to net income ratio is healthy, and the free cash flow to net income ratio of 0.75 indicates efficient cash conversion. These metrics suggest strong cash flow management, supporting the company's financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	56.67M	56.67M	72.69M	41.88M	43.22M	35.40M
Gross Profit	8.14M	8.14M	12.84M	6.92M	9.48M	6.20M
EBITDA	3.21M	3.21M	8.38M	4.59M	7.07M	4.59M
Net Income	1.01M	1.01M	4.21M	2.80M	3.56M	1.68M
Balance Sheet
Total Assets	43.48M	43.48M	49.94M	63.48M	37.57M	36.00M
Cash, Cash Equivalents and Short-Term Investments	6.09M	6.09M	4.11M	2.98M	4.62M	3.46M
Total Debt	493.00K	493.00K	1.45M	1.55M	2.77M	436.00K
Total Liabilities	19.71M	19.71M	29.47M	46.23M	19.77M	17.59M
Stockholders Equity	22.83M	22.83M	19.39M	16.22M	16.65M	14.78M
Cash Flow
Free Cash Flow	4.48M	4.48M	2.95M	1.43M	2.15M	1.23M
Operating Cash Flow	6.01M	6.01M	3.87M	3.34M	3.00M	2.21M
Investing Cash Flow	-1.53M	-1.53M	-935.00K	-1.28M	-4.19M	-893.00K
Financing Cash Flow	-888.00K	-888.00K	-1.27M	-2.09M	1.80M	-1.28M

Goldplat Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GDP, the sentiment is Positive. The current price of 8.25 is below the 20-day moving average (MA) of 9.76, below the 50-day MA of 9.47, and above the 200-day MA of 7.88, indicating a bullish trend. The MACD of 0.52 indicates Negative momentum. The RSI at 75.61 is Negative, neither overbought nor oversold. The STOCH value of 80.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:GDP.

Goldplat Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SRB	86 Outperform	£248.03M	7.25	35.69%	―	44.89%	120.82%
GDP	70 Outperform	£19.21M	18.44	4.81%	2.48%	-22.04%	-75.70%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ORR	54 Neutral	£17.30M	-7.10	-16.46%	―	―	―
XTR	48 Neutral	£10.11M	-3.86	-10.29%	―	―	―
LEX	44 Neutral	£18.24M	-32.08	-4.26%	―	―	―

Goldplat Corporate Events

Goldplat Shareholders Approve Adjourned AGM Resolution on 2025 Accounts

Goldplat plc reported that shareholders have approved the previously adjourned first resolution at its reconvened Annual General Meeting held on 20 January 2026, formally receiving the directors’ report and the audited financial statements for the year ended 30 June 2025. The adjournment from the original 29 December 2025 meeting had been called to allow investors more time to review the report and accounts published on 15 December 2025, and the successful passage of the resolution removes a procedural overhang, signalling shareholder endorsement of the company’s latest financial disclosures and governance processes.

The most recent analyst rating on (GB:GDP) stock is a Hold with a £10.00 price target. To see the full list of analyst forecasts on Goldplat stock, see the GB:GDP Stock Forecast page.

Goldplat Sets Reconvened AGM to Approve 2025 Accounts

Goldplat plc has reconvened its Annual General Meeting solely to consider the outstanding first resolution to receive the directors’ report and audited financial statements for the year ended 30 June 2025, after adjourning this item in December to give shareholders more time to review the accounts. The reconvened AGM will be held on 20 January 2026 in London, with previously submitted proxies for the first resolution remaining valid unless amended, and updated meeting documentation made available on the company’s website and by post to shareholders, underscoring the group’s focus on procedural compliance and shareholder engagement.

The most recent analyst rating on (GB:GDP) stock is a Hold with a £8.50 price target. To see the full list of analyst forecasts on Goldplat stock, see the GB:GDP Stock Forecast page.

Goldplat Adjourns Accounts Resolution as AGM Approves Remaining Motions

Goldplat Plc reported that shareholders approved all but one resolution at its latest Annual General Meeting, with the exception being the routine motion to receive the directors’ report and audited financial statements for the year ended 30 June 2025. That item was adjourned to allow investors more time to review the recently published accounts, with a new meeting date yet to be set, while the company also confirmed that Douglas Davidson has stepped down from the board but will remain as Group Chief Operating Officer, signalling continuity in operational management despite the boardroom change.

The most recent analyst rating on (GB:GDP) stock is a Hold with a £8.50 price target. To see the full list of analyst forecasts on Goldplat stock, see the GB:GDP Stock Forecast page.

Goldplat Reports Decreased Profits Amid Operational Changes

Goldplat plc announced its audited results for the year ended 30 June 2025, revealing a significant decrease in revenue and profit due to operational changes in Ghana. Despite these challenges, the company maintained a robust cash flow and increased cash reserves, highlighting the resilience of its operations. The company is focused on long-term earnings visibility through strengthened partnerships and improved processing methods, while also committing to sustainability and returning excess cash to shareholders.

The most recent analyst rating on (GB:GDP) stock is a Buy with a £7.50 price target. To see the full list of analyst forecasts on Goldplat stock, see the GB:GDP Stock Forecast page.

Goldplat Announces AGM and Board Restructuring

Goldplat Plc has announced its Annual General Meeting will be held on December 29, 2025, in London. The company is restructuring its board to align with best corporate governance practices by having a majority of non-executive directors, leading to Douglas Davidson stepping down from the board but continuing as Group COO.

The most recent analyst rating on (GB:GDP) stock is a Buy with a £7.50 price target. To see the full list of analyst forecasts on Goldplat stock, see the GB:GDP Stock Forecast page.

Goldplat Announces Strong Q1 Results and Dividend Declaration

Goldplat plc reported strong first-quarter operating results for the period ended 30 September 2025, with a combined operating profit of £2,086,000, driven by increased gold prices and improved material supply. The company declared an interim dividend and plans to assess dividend distribution quarterly. The Ghanaian operation benefited from a weakened Cedi and increased gold prices, while the South African operation saw profits rise due to material supply from South America and cost management. Strategic initiatives include expanding market share in South Africa, enhancing operations in Ghana, and progressing the Tailings Storage Facility project. The company maintains strong cash balances to support working capital and capital expenditure.

The most recent analyst rating on (GB:GDP) stock is a Buy with a £7.50 price target. To see the full list of analyst forecasts on Goldplat stock, see the GB:GDP Stock Forecast page.