Griffin Mining Ltd. (GFM)

Sector:

Mining

Index:

FTSE AIM All-Share

150.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 167.00
  • 52 Week Low: 82.00
  • Currency: UK Pounds
  • Shares Issued: 183.26m
  • Volume: 79,906
  • Market Cap: £274.90m
  • RiskGrade: 291
  • Beta: 0.20

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Total Dividendn/an/an/an/an/a
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 146.02 94.40 121.65 75.40 82.27
Operating Profit/(Loss) 23.84 15.62 36.92 15.15 14.23
Net Interest 1.22 0.23 (0.17) (0.25) n/a
Profit Before Tax 24.49 15.27 36.53 14.52 11.71
Profit After Tax 15.24 7.70 25.38 8.91 6.08
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 15.24 7.70 25.38 8.91 6.08
Attributable to:          
Equity Holders of Parent Company 15.24 7.70 25.38 8.91 6.08
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 8.03¢ 4.41¢ 14.53¢ 5.16¢ 3.52¢
Earnings per Share - Diluted 7.98¢ 4.11¢ 13.47¢ 4.88¢ 3.24¢
Earnings per Share - Adjusted 8.03¢ 4.10¢ 14.53¢ 5.16¢ 3.52¢
Continuing and Discontinued EPS          
Earnings per Share - Basic 8.03¢ 4.41¢ 14.53¢ 5.16¢ 3.52¢
Earnings per Share - Diluted 7.98¢ 4.11¢ 13.47¢ 4.88¢ 3.24¢
Earnings per Share - Adjusted 8.03¢ 4.10¢ 14.53¢ 5.16¢ 3.52¢
           
Dividend per Share n/a n/a n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 250.37 258.04 275.30 266.71 228.29
Intangible Assets 0.57 0.41 0.39 0.32 0.32
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 1.55 1.49 n/a n/a n/a
  252.50 259.94 275.68 267.03 228.61
Current Assets          
Inventories 5.83 8.08 4.52 5.33 3.84
Trade & Other Receivables 2.89 3.43 2.17 6.68 1.86
Cash at Bank & in Hand 60.01 34.14 38.16 16.43 19.89
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  68.72 45.65 44.85 28.44 25.59
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 321.22 305.59 320.53 295.48 254.19
           
Liabilities          
Current Liabilities          
Borrowings 0.17 0.17 0.18 0.38 2.12
Other Current Liabilities 43.69 47.59 40.73 42.34 31.77
  43.86 47.76 40.90 42.72 33.89
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 0.57 0.68 0.79 n/a 0.48
Provisions 3.93 2.65 5.91 5.56 4.88
Other Non-Current Liabilities 3.11 9.03 10.35 13.49 n/a
  7.60 12.37 17.05 19.05 5.36
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 51.47 60.12 57.96 61.77 39.25
           
Net Assets 269.75 245.46 262.58 233.71 214.94
           
Capital & Reserves          
Share Capital 1.93 1.75 1.75 1.73 1.73
Share Premium Account 78.55 69.33 69.33 68.47 68.46
Other Reserves (24.51) (24.79) (7.70) (10.31) (20.30)
Retained Earnings 213.79 199.17 199.19 173.81 165.06
Shareholders Funds 269.75 245.46 262.58 233.71 214.94
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 269.75 245.46 262.58 233.71 214.94
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 48.38 15.73 42.88 24.40 21.64
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (21.89) (20.93) (19.76) (24.33) (27.28)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (0.56) (0.17) (0.61) (2.57) (2.73)
Net Increase/Decrease In Cash 25.94 (5.36) 22.50 (2.49) (8.38)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 13.5 23.0 7.8 23.2 24.4
PEG - Adjusted 0.1 n/a 0.0 0.5 n/a
Earnings per Share Growth - Adjusted 96% -72% 182% 47% -76%
Dividend Cover n/a n/a n/a n/a n/a
Revenue per Share 79.68¢ 51.51¢ 0.67¢ 41.15¢ 44.89¢
Pre-Tax Profit per Share 13.36¢ 8.33¢ 0.20¢ 7.92¢ 6.39¢
Operating Margin 16.32% 16.55% 30.35% 20.09% 17.29%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 13.5 23.0 773.3 23.2 24.4
PEG - Adjusted 0.1 0.0 n/a 0.5 n/a
Earnings per Share Growth - Adjusted 96% 2,696% -97% 47% -76%
Dividend Cover n/a n/a n/a n/a n/a
           
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend per Share Growth n/a n/a n/a n/a n/a
Operating Cash Flow per Share 26.40¢ 8.59¢ 23.40¢ 13.31¢ 11.81¢
Cash Incr/Decr per Share 14.15¢ (2.93¢) 0.12¢ (1.36¢) (4.57¢)
Net Asset Value per Share (exc. Intangibles) 146.88¢ 133.72¢ 143.07¢ 127.35¢ 117.11¢
Net Gearing -21.97% -13.56% -14.16% -6.87% -8.04%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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