Gulf Manganese Corporation Limited chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/A$ (N/A)
Beta -0.11
Market capitalization 27.02M
Operating cash flow -4.08M
ESG Scores unknown

Company description

Gulf Manganese Corporation Limited focuses on developing a ferromanganese smelting business in West Timor, Indonesia. The company produces and sells low carbon ferromanganese alloys. The company was formerly known as Gulf Minerals Corporation Limited and changed its name to Gulf Manganese Corporation Limited in May 2015. Gulf Manganese Corporation Limited was incorporated in 1993 and is headquartered in Ascot, Australia.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2017-06-30 2018-06-30 2019-06-30 2020-06-30
Change To Liabilities 94.69k 1.69M 409.5k 738.95k
Total Cashflows From Investing Activities -3.02M -10.91M -5.38M -1.59M
Net Borrowings 1M 7.92M -622k 621.83k
Total Cash From Financing Activities 9.3M 12.77M 11.1M 1.71M
Change To Operating Activities -14.34k -14.34k -7.33k 31.13k
Issuance Of Stock 8.3M 4.84M 11.73M 1.09M
Net Income -5.36M -7.47M -10.02M -5.69M
Change In Cash 4.73M -1.13M -241.41k -3.96M
Effect Of Exchange Rate -13k -75.15k 112.84k 777
Total Cash From Operating Activities -1.54M -2.92M -6.08M -4.08M
Depreciation 6.52k 85.83k 62.89k 71.19k
Change To Account Receivables -167.64k -163.31k 216.42k 139.19k
Other Cashflows From Financing Activities
Change To Netincome 3.89M 2.95M 3.26M 624.43k
Capital Expenditures -3.02M -10.44M -5.55M -1.39M

Income Statement 2017-06-30 2018-06-30 2019-06-30 2020-06-30
Research Development
Income Before Tax -5.36M -7.47M -10.7M -6.42M
Net Income -5.36M -7.47M -10.02M -5.69M
Selling General Administrative 1.76M 4.39M 7.19M 5.54M
Gross Profit 21.53k 18.3k 40.66k
Ebit -5.32M -7.54M -8.18M -6.06M
Operating Income -5.32M -7.54M -8.18M -6.06M
Interest Expense -35.22k -83.28k -766.82k -375.23k
Income Tax Expense
Total Revenue 21.53k 18.3k 40.66k
Cost Of Revenue
Total Other Income ExpenseNet -47.13k 72.92k -2.52M -360.96k
Net Income From Continuing Ops -5.36M -7.47M -10.7M -6.42M
Net Income Applicable To Common Shares -5.36M -7.47M -10.02M -5.69M

Balance Sheet Statement 2017-06-30 2018-06-30 2019-06-30 2020-06-30
Total Liabilities 1.54M 10.52M 9.01M 9.11M
Total Stockholder Equity 8.64M 9.74M 17.46M 13.9M
Other Current Liabilities 114.92k 643.3k 577.33k 322.94k
Total Assets 10.18M 20.26M 25.72M 22.26M
Common Stock 32.31M 38.94M 55.79M 57.96M
Other Current Assets 44.87k 7.05k 29.14k
Retained Earnings -30.35M -37.82M -41.58M -46.3M
Treasury Stock 6.68M 8.62M 3.26M 2.24M
Cash 5.35M 4.21M 3.97M 15.6k
Total Current Liabilities 1.54M 10.52M 3.89M 8.12M
Other Stockholder Equity 6.68M 8.62M 3.26M 2.24M
Property, Plant, and Equipment 4.25M 14.78M 21.35M 21.99M
Total Current Assets 5.93M 4.86M 4.08M 60.46k
Net Tangible Assets 8.64M 9.74M 17.46M 13.9M
Net Receivables 542.3k 111.45k 33.9k 15.72k
Accounts Payable 185.76k 1.89M 2.21M 1.58M


Insider Transactions

Here are the insider transactions of stock shares related to Gulf Manganese Corporation Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Wilson (Andrew)D2020-02-28Former29.83M
Bohannan (Hamish John Lindsey)Purchase at price 0.01 per share.D2019-08-27Managing Director2M
Bohannan (Hamish John Lindsey)Sale at price 0.42 per share.D2019-07-09Managing Director11.69M
Robinson (Paul Edwin)D2019-06-30Former21.5M
Bohannan (Hamish John Lindsey)Sale at price 0.01 per share.D2019-06-26Managing Director31.94M
Wilson (Andrew)Purchase at price 0.00 per share.D2019-04-12Director (Non-Executive)3M
Wilson (Andrew)Exercise at price 0.00 per share.D2019-04-08Director (Non-Executive)3.5M
Munro (Craig Rennie)Exercise at price 0.00 per share.D2019-04-05Non Executive Chairman2M
Bohannan (Hamish John Lindsey)Exercise at price 0.00 per share.D2019-04-04Managing Director2M
Tan (Hwa Poh)D2019-03-28Director (Non-Executive)18.75M
Bohannan (Hamish John Lindsey)D2019-03-07Managing Director4.38M
Munro (Craig Rennie)D2019-03-07Non Executive Chairman10.25M
Wilson (Andrew)D2019-03-07Director (Non-Executive)850k
Bohannan (Hamish John Lindsey)Purchase at price 0.01 per share.D2019-02-22Managing Director625k
Robinson (Paul Edwin)D2018-10-30Chief Operating Officer20.82M
Wilson (Andrew)D2018-10-09Director (Non-Executive)1M
Lee (Boon Beng)D2018-09-27Director (Non-Executive)16.24M
Lee (Boon Beng)D2018-07-21Director (Non-Executive)866.67k
Bohannan (Hamish John Lindsey)D2018-07-12Managing Director25.83M
Munro (Craig Rennie)D2018-07-12Non Executive Chairman8.67M
Wilson (Andrew)D2018-07-12Director (Non-Executive)6M
Math (Leonard)D2018-06-30Former1.35M
Bohannan (Hamish John Lindsey)Sale at price 0.01 per share.D2018-06-29Managing Director2.1M
Bohannan (Hamish John Lindsey)D2017-12-20Managing Director20.83M
Munro (Craig Rennie)D2017-12-20Non Executive Chairman6.67M
Wilson (Andrew)D2017-12-20Director (Non-Executive)4M
Bohannan (Hamish John Lindsey)D2017-10-28Managing Director10M
Munro (Craig Rennie)D2017-10-28Non Executive Chairman4M
Wilson (Andrew)D2017-10-28Director (Non-Executive)4M
Bohannan (Hamish John Lindsey)Purchase at price 0.01 per share.D2017-10-13Managing Director1.7M
Bohannan (Hamish John Lindsey)Purchase at price 0.01 per share.D2017-10-11Managing Director5.29M
Bohannan (Hamish John Lindsey)D2017-08-30Managing Director29M
Math (Leonard)D2017-06-30Director (Executive)846.23k
Munro (Craig Rennie)Other at price 0.01 per share.D2017-06-21Non Executive Chairman1.33M
Wilson (Andrew)Other at price 0.01 per share.D2017-06-21Director (Non-Executive)1.33M
Bohannan (Hamish John Lindsey)Acquisition at price 0.00 per share.D2016-04-20Managing Director35M
Williams (Peter Roderick)D2016-02-17Former4.55M
Walters (Michael Owen de Courcy)Other at price 0.01 per share.D2015-10-14Director (Non-Executive)1.2M
Williams (Peter Roderick)Other at price 0.01 per share.D2015-10-14Director (Non-Executive)1.2M
Morrin (Bruce)D2015-04-02Former1M
Anderson (Graham Douglas)Other at price 0.02 per share.D2015-02-27Non Executive Chairman1M
Morrin (Bruce)Other at price 0.02 per share.D2015-02-27Chief Executive Officer1M
Walters (Michael Owen de Courcy)Other at price 0.02 per share.D2015-02-27Director (Non-Executive)1.49M
Williams (Peter Roderick)Other at price 0.02 per share.D2015-02-27Director (Non-Executive)1.56M
Williams (Peter Roderick)Other at price 0.02 per share.D2014-12-23Director (Non-Executive)213.33k
Remta (Peter John Augustin)D2014-06-30Retired1M
Smith (Peter Bennett)D2013-11-05Retired27.22M
Williams (Peter Roderick)Purchase at price 0.01 per share.D2013-10-17Director (Non-Executive)2M
Smith (Peter Bennett)Sale at price 0.01 per share.D2013-04-08Director (Non-Executive)500k
Smith (Peter Bennett)Purchase at price 0.01 per share.D2012-11-26Director (Non-Executive)500k
Remta (Peter John Augustin)Purchase at price 0.01 per share.D2012-11-12Executive Chairman500k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Gulf Manganese Corporation Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Gulf Manganese Corporation Limited

Here is the result of two systematic investment strategies applied to Gulf Manganese Corporation Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Gulf Manganese Corporation Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Gulf Manganese Corporation Limited:

Gulf Manganese Corporation Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -7.1% on the backtest period.

Performance at glance

Performance

-7.1 %

Latent gain

-177.53 $

Invested capital

2500.01 $

Annualized return

-1.68 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Gulf Manganese Corporation Limited

This is the result of two momentum investment strategies applied to Gulf Manganese Corporation Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Gulf Manganese Corporation Limited

The following chart shows all the entries opened by the momentum investment system on Gulf Manganese Corporation Limited:

Gulf Manganese Corporation Limited momentum entries
  • The first momentum investment strategy would give -16.05% of return on Gulf Manganese Corporation Limited. That represents -922.94$ of latent gain with 5750.01$ of employed capital.
  • The second momentum investment strategy would give -23.23% of return on Gulf Manganese Corporation Limited. That represents -987.39$ of latent gain with 4250.02$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-16.05 %

Latent gain

-922.94 $

Invested capital

5750.01 $

Annualized return

-17.29 %
Performance at glance (2Q Momentum)

Performance

-23.23 %

Latent gain

-987.39 $

Invested capital

4250.02 $

Annualized return

-6.21 %

Momentum equity curve on Gulf Manganese Corporation Limited

The following chart shows the equity curve of the two momentum strategies applied to Gulf Manganese Corporation Limited:

Gulf Manganese Corporation Limited momentum equity

Note: the dividends potentially given by Gulf Manganese Corporation Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Gulf Manganese Corporation Limited

The following chart shows the employed capital evolution of the two momentum strategies on Gulf Manganese Corporation Limited since the beginning:

Gulf Manganese Corporation Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Gulf Manganese Corporation Limited

Buy the dip entry openings on Gulf Manganese Corporation Limited

Gulf Manganese Corporation Limited

The performance achieved by the robo-advisor on Gulf Manganese Corporation Limited is -38.38%. That represents -287.85$ of latent gain with 750.0$ of employed capital. The following chart shows Gulf Manganese Corporation Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Gulf Manganese Corporation Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-38.38 %

Latent gain

-287.85 $

Invested capital

750.0 $

Annualized return

-17.29 %

Equity curve of the strategy applied to Gulf Manganese Corporation Limited

The following chart shows the result of the investment strategy applied to Gulf Manganese Corporation Limited:

Gulf Manganese Corporation Limited

Note: the dividends potentially given by Gulf Manganese Corporation Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Gulf Manganese Corporation Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Gulf Manganese Corporation Limited:

Gulf Manganese Corporation Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Gulf Manganese Corporation Limited

In this section, I will compare the three previous investment strategies applied to Gulf Manganese Corporation Limited.

Equity curve comparison on Gulf Manganese Corporation Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Gulf Manganese Corporation Limited investment strategy comparison

Employed capital comparison on Gulf Manganese Corporation Limited

Gulf Manganese Corporation Limited investment comparison

Performance comparison on Gulf Manganese Corporation Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -7.1% -177.53$ 2500.01$ -1.68%
Momentum 1 quarter -16.05% -922.94$ 5750.01$ -4.03%
Momentum 2 quarters -23.23% -987.39$ 4250.02$ -6.21%
Non-directional -38.38% -287.85$ 750.0$ -17.29%
Annualized return comparison

Automatic investment

-1.68 %

Momentum 1Q

-6.21 %

Momentum 2Q

-6.21 %

Non-directional

-17.29 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Gulf Manganese Corporation Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Gulf Manganese Corporation Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Gulf Manganese Corporation Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Gulf Manganese Corporation Limited
Country Australia
City Ascot
Address T4/152 Great Eastern Highway
Phone 61 8 9367 9228
Website www.gulfmanganese.com
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XASX
Ticker GMC.XASX
Market www2.asx.com.au

Gulf Manganese Corporation Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown