Golden Mile Resources Share Price and Company Fundamentals



Price
$0.05
Change
-0.001 (-1.961%)
52 week
0.04 - 0.13

Last traded: Today at 2:02 AM

Golden Mile Resources Limited engages in the acquisition, exploration, and development of mineral properties in Australia. It explores for nickel, cobalt, gold, and base metal deposits. The company holds interests in the Leonora East Gold Project, Darlot Gold Project, and the Yuinmery Gold Project in the North-Eastern Goldfields of Western Australia; Ironstone Well Gold Project located to the northeast of the town of Leonora; and Minara Nickel-Cobalt Project to the east of Leonora, as well as Gidgee Project is located in the North-Eastern Goldfields of Western Australia. The company was incorporated in 2016 and is based in Melbourne, Australia.

Key Metrics

PE ratio

-

PB ratio

2.50

Dividend yield

Beta

1.17

Market cap

$7M

Enterprise value

$4.61M

Company profile

Primary activitiesMineral and resources exploration
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.goldenmileresources.com.au
Mailing address2 Queen Street Suite 103, Level 1 Melbourne VIC 3000 Australia
Phone / Fax61 3 8395 5446 / 61 3 8678 1747
Share registryAUTOMIC REGISTRY SERVICES

Dividends

Golden Mile Resources does not pay dividends.

Company Executives

As of Jul 2021, following are the company executives and directors listed on Golden Mile Resources.

NameTitleAgeTotal Pay
Mr. James MerrilleesManaging Director52
Mr. Justyn Peter Stedwell B.Com, B.Com.Company Sec.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

1,289,500.59%

Return on assets

-73.72%

Return on equity

-119.06%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Golden Mile Resources is 7M and its enterprise value is 4.61M. The enterprise value to revenue ratio of G88 is -13,475.67.

The G88's stocks Beta value is 1.17 making it 17% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Golden Mile Resources (G88)

Golden Mile Resources (ASX:G88) Frequently Asked Questions

1. What is Golden Mile Resources's Stock Symbol?

Golden Mile Resources trades on ASX under the ticker symbol "G88".

2. What is Golden Mile Resources's stock price today?

One share of G88 stock can currently be purchased for approximately $0.05.

3. How can I contact Golden Mile Resources?

Golden Mile Resources's mailing address is 2 Queen Street Suite 103, Level 1 Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 8395 5446.

4. What is Golden Mile Resources's official website?

The official website of Golden Mile Resources is http://www.goldenmileresources.com.au.

5. Which share registry manages Golden Mile Resources's stock?

Golden Mile Resources's stock is managed by AUTOMIC REGISTRY SERVICES.