Griffin Mining (GFM) AI Stock Analysis

• Market Cap: £346.30M
• Dividend Yield: N/A
• Average Volume (3M): 92.41K
• Price to Earnings (P/E): 40.1
• Beta (1Y): 0.44
• Revenue Growth: -9.69%
• EPS Growth: -26.86%
• Country: UK
• Employees: 497
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 184,203,480
• 10 Day Avg. Volume: 18,091
• 30 Day Avg. Volume: 92,410
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: £206.00
• Price Target Upside: 8.99% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 71 Outperform
• Price Target: 212.00p ▲(12.17% Upside)

Griffin Mining's overall stock score of 71 reflects strong corporate events and solid technical analysis, which offset the challenges highlighted in financial performance and valuation concerns. The company's strategic moves, such as the dividend receipt and share buy-back programme, support its operational capabilities and shareholder value despite the high P/E ratio and declining profitability margins.

Griffin Mining Business Overview & Revenue Model

Company Description

Griffin Mining (GFM) is a mining company primarily engaged in the exploration and development of mineral resources, with a focus on zinc and other base metals. The company operates the Caijiaying zinc-gold-silver mine located in Hebei Province, China. Griffin Mining is committed to sustainable mining practices and aims to contribute to the local economy while adhering to environmental standards. Its core products include zinc concentrate and other metalliferous products derived from its mining operations.

How the Company Makes Money

Griffin Mining generates revenue primarily through the sale of zinc concentrate produced at its Caijiaying mine. The company benefits from the global demand for zinc, which is used in various applications including galvanization, alloys, and batteries. Revenue is significantly influenced by fluctuations in zinc prices on international markets. Additionally, Griffin Mining has established partnerships with local and international buyers to secure sales agreements for its products, which provide a stable revenue stream. The company's focus on efficient production and cost management also contributes to its profitability, allowing it to capitalize on favorable market conditions.

Griffin Mining Financial Statement Overview

Summary

Griffin Mining presents a stable financial position with a strong balance sheet, characterized by a very low debt-to-equity ratio and high equity ratio, indicating financial stability. However, declining revenue and profitability margins, alongside negative free cash flow, highlight potential operational challenges and the need for improved cost management.

Income Statement

Griffin Mining's income statement shows a mixed performance. Gross profit margin in the latest year was about 35.9%, which is healthy for the industry, but the net profit margin declined to 7.9% from 10.4% the previous year, indicating potential challenges in cost management or pricing pressures. Revenue decreased by 2.3% year-over-year, which reflects a contraction in sales. The EBIT and EBITDA margins also decreased year-over-year, suggesting declining operational efficiency.

Balance Sheet

The balance sheet is strong, with a very low debt-to-equity ratio of 0.002, indicating minimal leverage. The equity ratio is high at approximately 89.2%, showcasing strong equity financing. Return on Equity (ROE) is modest at 4.2%, reflecting stable but not exceptional shareholder returns. The company maintains a solid cash position, which supports financial flexibility.

Cash Flow

Cash flow analysis indicates some weaknesses. There was a negative free cash flow of -$1.41 million in the latest year, a decline from $25.1 million the previous year, signaling potential issues with cash generation or increased capital expenditures. The operating cash flow to net income ratio is 1.72, which is healthy, but the free cash flow to net income ratio is negative, highlighting concerns in operational cash sufficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	142.60M	146.02M	100.01M	128.87M	79.09M
Gross Profit	51.25M	51.84M	38.25M	58.42M	32.67M
EBITDA	42.55M	52.69M	35.22M	53.46M	27.68M
Net Income	11.35M	15.24M	7.70M	25.38M	8.91M
Balance Sheet
Total Assets	305.75M	321.22M	305.59M	320.53M	295.48M
Cash, Cash Equivalents and Short-Term Investments	48.76M	60.01M	34.14M	38.16M	16.43M
Total Debt	620.00K	739.00K	852.00K	971.00K	383.00K
Total Liabilities	33.08M	51.47M	60.13M	57.96M	61.77M
Stockholders Equity	272.67M	269.75M	245.47M	262.58M	233.71M
Cash Flow
Free Cash Flow	-1.41M	25.10M	-5.57M	22.88M	-37.00K
Operating Cash Flow	19.58M	48.38M	15.73M	42.88M	24.40M
Investing Cash Flow	-18.81M	-21.89M	-20.93M	-19.77M	-24.33M
Financing Cash Flow	-11.63M	-555.00K	-167.00K	-613.00K	-2.57M

Griffin Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 189.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GFM, the sentiment is Positive. The current price of 189 is above the 20-day moving average (MA) of 187.06, above the 50-day MA of 183.91, and above the 200-day MA of 169.09, indicating a bullish trend. The MACD of 0.37 indicates Positive momentum. The RSI at 51.21 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:GFM.

Griffin Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KMR	74 Outperform	£295.81M	5.83	5.55%	7.23%	-12.22%	-49.48%
GFM	71 Outperform	£346.30M	40.13	4.18%	―	-9.69%	-26.86%
ECOR	66 Neutral	£180.05M	9.71	-2.05%	2.63%	-5.97%	-1292.31%
JLP	61 Neutral	£88.10M	7.04	1.86%	―	―	―
Sector *	57 Neutral	£2.53B	6.25	-0.23%	45.92%	10.12%	5.01%
SOLG	41 Neutral	$357.13M	―	-13.52%	―	―	44.10%

Griffin Mining Corporate Events

Griffin Mining Receives $30 Million in Dividends from Chinese Subsidiary

Griffin Mining Limited has announced the receipt of $30.3 million in dividends from its Chinese subsidiary, Hebei Hua Ao Mining Industry Company Limited. This boosts the company’s cash reserves outside China to $53.67 million, potentially strengthening its financial position and operational capabilities.

The most recent analyst rating on (GB:GFM) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.

Griffin Mining Reports Record Gold and Silver Production in Q2 2025

Griffin Mining Limited has announced record production results for gold and silver in the second quarter of 2025, following a recovery from a previous suspension of operations at the Caijiaying Mine. The high production levels, driven by historically high gold prices, have significantly increased precious metal revenues, which now constitute approximately 50% of the company’s total revenues. This development underscores the long-term potential of the Caijiaying Mine, with further expansion expected as Zone II is scheduled to begin production in the last quarter of 2025.

The most recent analyst rating on (GB:GFM) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.

Griffin Mining Secures Shareholder Approval at AGM

Griffin Mining Limited announced that all resolutions presented at their Annual General Meeting on July 2, 2025, were successfully passed. This development indicates strong shareholder support and could positively impact the company’s strategic direction and operational stability, reinforcing its position in the mining industry.

The most recent analyst rating on (GB:GFM) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.

Griffin Mining Reinstates Share Buy-Back Programme to Enhance Shareholder Value

Griffin Mining Limited has announced the reinstitution of its share buy-back programme, allowing the company to repurchase up to 10 million shares or $10 million worth of shares until December 2025. This strategic move aims to enhance shareholder value by purchasing shares on the London Stock Exchange under the Market Abuse Regulation’s safe harbour provisions. The company has also reserved the right to purchase large blocks of shares to stabilize share prices and may consider a tender offer for non-US shareholders. The announcement follows a previous buyback programme that ended in April 2025, which saw the purchase and cancellation of over 1.2 million shares.

The most recent analyst rating on (GB:GFM) stock is a Buy with a £1.80 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.

Griffin Mining Announces 38th Annual General Meeting

Griffin Mining Limited has announced the notice of its thirty-eighth Annual General Meeting, scheduled to take place on July 2, 2025, in Bermuda. This meeting is significant for shareholders as it provides an opportunity to discuss the company’s operations and future strategies, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (GB:GFM) stock is a Buy with a £1.80 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.

Griffin Mining Reports Resilient 2024 Results Amid Operational Challenges

Griffin Mining Limited reported its 2024 financial results, highlighting a challenging year due to a three-month suspension of operations following a fatal accident at the Caijiaying Mine. Despite this setback, the company achieved revenues of $135.1 million and maintained profitability with a net profit of $11.4 million. The suspension impacted production volumes, leading to a decrease in ore mined and processed compared to 2023. However, the company benefited from higher metal prices, particularly for zinc and gold. The resumption of development work in Zone II and ongoing exploration for high-grade gold deposits are expected to enhance future production capabilities. Griffin’s share buy-back program continued, aiming to improve earnings per share, and the company remains debt-free with significant cash reserves.

The most recent analyst rating on (GB:GFM) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.