Griffin Mining (GFM) AI Stock Analysis

• Market Cap: £467.96M
• Dividend Yield: N/A
• Average Volume (3M): 566.76K
• Price to Earnings (P/E): 72.7
• Beta (1Y): 0.12
• Revenue Growth: -32.18%
• EPS Growth: -58.29%
• Country: UK
• Employees: 497
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.04
• Shares Outstanding: 176,590,160
• 10 Day Avg. Volume: 528,413
• 30 Day Avg. Volume: 566,764
• PEG Ratio: -1.24
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 2.39
• P/FCF Ratio: -241.23
• 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: £250.00
• Price Target Upside: -7.06% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: 263.00p ▼(-2.23% Downside)

Griffin Mining's overall stock score reflects a mix of strong technical momentum and strategic corporate actions, offset by high valuation concerns and operational cash flow challenges. The stock's technical indicators are positive, but the high P/E ratio and recent executive share sale introduce risks.

Positive Factors

Strong Balance Sheet

A strong balance sheet with minimal leverage provides financial stability and flexibility, allowing the company to invest in growth opportunities without significant financial risk.

High Equity Ratio

A high equity ratio indicates a robust capital structure, reducing dependency on external debt and enhancing the company's ability to weather economic downturns.

Healthy Operating Cash Flow

Strong operating cash flow relative to net income suggests efficient core operations, providing the company with the necessary liquidity to fund operations and invest in future growth.

Negative Factors

Declining Revenue

A decline in revenue indicates potential challenges in maintaining market share or demand, which could impact long-term growth prospects if not addressed.

Negative Free Cash Flow

Negative free cash flow suggests potential issues in cash generation or increased capital expenditures, which may limit the company's ability to invest in growth or return capital to shareholders.

Declining Profit Margins

Decreasing profit margins can indicate rising costs or pricing pressures, which may erode profitability and affect the company's ability to sustain long-term earnings growth.

Griffin Mining Business Overview & Revenue Model

Company Description

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People's Republic of China. The company was formerly known as European Mining Finance Ltd. and changed its name to Griffin Mining Limited in January 1998. Griffin Mining Limited was founded in 1988 and is based in London, the United Kingdom.

How the Company Makes Money

Griffin Mining generates revenue primarily through the extraction and sale of zinc and lead concentrates from its Caijiaying mine. The company benefits from selling these concentrates to smelters and traders in China and other international markets, capitalizing on the fluctuating market prices of zinc and lead. Key revenue streams include the direct sales of the mined concentrates, any associated by-products, and potentially, long-term contracts with strategic partners or customers in the mining and metal industries, which can help stabilize revenue and secure consistent sales. Additionally, factors such as efficient mining operations, cost management, and market demand for zinc and lead significantly contribute to the company's earnings.

Griffin Mining Financial Statement Overview

Summary

Griffin Mining shows a stable financial position with a strong balance sheet and adequate liquidity. However, declining revenue and profitability margins, coupled with negative free cash flow, highlight potential operational challenges and the need for improved cost management and revenue growth strategies.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	162.25M	142.60M	146.02M	100.01M	128.87M	79.09M
Gross Profit	68.56M	51.25M	51.84M	38.25M	58.42M	32.67M
EBITDA	62.06M	42.55M	52.69M	35.00M	53.46M	27.68M
Net Income	21.34M	11.35M	15.24M	7.70M	25.38M	8.91M
Balance Sheet
Total Assets	324.43M	305.75M	321.22M	305.59M	320.53M	295.48M
Cash, Cash Equivalents and Short-Term Investments	65.25M	48.76M	60.01M	34.14M	38.16M	16.43M
Total Debt	677.00K	620.00K	739.00K	852.00K	971.00K	383.00K
Total Liabilities	51.26M	33.08M	51.47M	60.13M	57.96M	61.77M
Stockholders Equity	273.16M	272.67M	269.75M	245.47M	262.58M	233.71M
Cash Flow
Free Cash Flow	27.02M	-1.41M	25.10M	-5.57M	22.88M	-37.00K
Operating Cash Flow	50.96M	19.58M	48.38M	15.73M	42.88M	24.40M
Investing Cash Flow	-22.78M	-18.81M	-21.89M	-20.93M	-19.77M	-24.33M
Financing Cash Flow	-10.99M	-11.63M	-555.00K	-167.00K	-613.00K	-2.57M

Griffin Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 269.00
• 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 269 is above the 20-day moving average (MA) of 250.32, above the 50-day MA of 220.38, and above the 200-day MA of 192.21, indicating a bullish trend. The MACD of 12.94 indicates Positive momentum. The RSI at 69.08 is Neutral, neither overbought nor oversold. The STOCH value of 70.30 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
GFM	68 Neutral	£467.96M	72.70	3.23%	―	-32.18%	-58.29%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KMR	56 Neutral	£227.72M	-5.89	-4.64%	7.30%	6.65%	-159.09%
ALL	48 Neutral	£77.68M	-22.60	-17.14%	―	―	54.72%
SAV	47 Neutral	£126.13M	-26.11	-10.02%	―	―	―
RBW	46 Neutral	£119.51M	-48.95	-21.81%	―	―	28.30%

Griffin Mining Corporate Events

Griffin Mining on Track for Zone II Commissioning at Caijiaying Mine

Griffin Mining Limited has announced that the commissioning of ore extraction from Zone II at the Caijiaying Mine is on track to begin in the first quarter of 2026. The company continues to support government safety measures, which have impacted production and financial results until the end of 2025, but have also strengthened its relationship with Chinese regulators, paving the way for future approvals and operational advancements.

The most recent analyst rating on (GB:GFM) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.

Griffin Mining COO Sells Entire Shareholding

Griffin Mining Limited announced that its Chief Operating Officer, John Steel, has sold a total of 200,000 ordinary shares in the company on the London Stock Exchange’s Alternative Investment Market. The transactions, which took place on November 4th and 6th, 2025, resulted in John Steel no longer holding any interest in Griffin’s share capital. This move may impact the company’s stock perception among investors and stakeholders, as it involves a significant sale by a key executive.

The most recent analyst rating on (GB:GFM) stock is a Hold 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 Reduces Share Count with Recent Buyback

Griffin Mining Limited announced the purchase and cancellation of 20,000 of its own ordinary shares at a price of 185 pence per share. This transaction reduces the total number of shares in issue to 176,610,171, which shareholders should use as the new denominator for calculating their interests in the company.

The most recent analyst rating on (GB:GFM) stock is a Hold 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 Reduces Share Count with Recent Buyback

Griffin Mining Limited has announced the purchase and cancellation of 20,000 of its own ordinary shares at a price of 185 pence per share. This transaction reduces the total number of shares in issue to 176,630,171, which shareholders should now use as the denominator for calculating their interests in the company.

The most recent analyst rating on (GB:GFM) stock is a Hold 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.