Gold and GemStone Mining Inc. - GGSM

GGSM Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
GGSM	-14.3	-7.7	-25	-25	-53.8	33.3	-71.4	-59.2	200	-98.8
S&P 500	0.9	0.9	2.0	3.4	8.7	24.7	37.2	82.1	193.2	34153.9

Compare GGSM with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	GGSM
name	Gold and GemStone Mining Inc.
price	0.0006
changes percentage	-14.2857
change	-0.0001
day low	0.0006
day high	0.0007
year high	0.0017
year low	0.00044
market cap	435334
price avg 50	0.000625
price avg 200	0.001019
exchange	PNK
volume	4043000
avg volume	7485836
open	0.0007
previous close	0.0007
eps	0
pe	None
earnings announcement	None
shares outstanding	725555850
timestamp	2025-01-21 19:26:15

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 48.3%

Overall Quarterly Financial Health: 47.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2021	Y/Y change %
0000000000
revenue	2946634	7246047	-59.33
gross profit	1364564	5174085	-73.63
gross profit ratio	0.46	0.71	-35.15
research and development expenses	0	0	NaN
operating expenses	571732	1218725	-53.09
interest income	0	0	NaN
interest expense	0	6897	-100.00
ebitda	594769	3932944	-84.88
ebitdaratio	0.2	0.55	-63.21
operating income	792831	3955360	-79.96
operating income ratio	0.27	0.55	-50.71
net income	593076	3906273	-84.82
net income ratio	0.2	0.54	-62.66
eps	0.0	0.0	-85.71

Overall Score of Annual Income Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 3 million in 2023 from 7 million in 2021 representing a change of -59.33%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 1 million in 2023 from 5 million in 2021 representing a change of -73.63%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 1 million in 2023 from 1 million in 2021 representing a change of -53.09%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• 📈 Positive Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 1 million in 2023 from 4 million in 2021 representing a change of -84.88%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 1 million in 2023 from 4 million in 2021 representing a change of -79.96%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 1 million in 2023 from 4 million in 2021 representing a change of -84.82%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
revenue	2760970	2837406	-2.69
gross profit	1278577	1313965	-2.69
gross profit ratio	0.46	0.46	0.00
research and development expenses	0	0	NaN
operating expenses	535708	550539	-2.69
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	557297	572727	-2.69
ebitdaratio	0.2	0.27	-25.14
operating income	742868	763430	-2.69
operating income ratio	0.27	0.27	0.00
net income	555699	571075	-2.69
net income ratio	0.2	0.2	0.00
eps	0.0	0.0	0.00

Overall Score of Quarterly Income Statement

0.17 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 3 million in 2024Q2 from 3 million in 2024Q1 representing a change of -2.69%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 1 million in 2024Q2 from 1 million in 2024Q1 representing a change of -2.69%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 1 million in 2024Q2 from 1 million in 2024Q1 representing a change of -2.69%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 1 million in 2024Q2 from 1 million in 2024Q1 representing a change of -2.69%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 1 million in 2024Q2 from 1 million in 2024Q1 representing a change of -2.69%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 1 million in 2024Q2 from 1 million in 2024Q1 representing a change of -2.69%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2021	Y/Y change %
0000000000
total assets	8774634	4331671	102.57
total liabilities	0	164227	-100.00
total equity	8774634	4167443	110.55
cash and cash equivalents	2413245	2798242	-13.76
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	5872855	3909659	50.21
total non current assets	2901778	422012	587.61
total current liabilities	0	164227	-100.00
total non current liabilities	0	0	NaN
common stock	19324	125816	-84.64
retained earnings	8774634	4005561	119.06
total debt	0	108887	-100.00

Overall Score of Annual Balance Sheet

0.78 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 9 million in 2023 from 4 million in 2021 representing a change of 102.57%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 0 million in 2023 from 0 million in 2021 representing a change of -100.0%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 9 million in 2023 from 4 million in 2021 representing a change of 110.55%. This indicates an increase in shareholders' equity.

  Total Current Assets: Total Current Assets increased to 6 million in 2023 from 4 million in 2021 representing a change of 50.21%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2023 from 0 million in 2021 representing a change of -100.0%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 9 million in 2023 from 4 million in 2021 representing a change of 119.06%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 0 million in 2023 from 0 million in 2021 representing a change of -100.0%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 2 million in 2023 from 3 million in 2021 representing a change of -13.76%. This indicates a decrease in available liquid assets.

  Common Stock: Common Stock decreased to 0 in 2023 from 0 in 2021 representing a change of -84.64%. This indicates a decrease in ownership interest.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	8813575	8528933	3.34
total liabilities	0	0	NaN
total equity	9084624	8528933	6.52
cash and cash equivalents	2259444	2218489	1.85
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	5972574	5708146	4.63
total non current assets	2841000	2820786	0.72
total current liabilities	0	0	NaN
total non current liabilities	0	0	NaN
common stock	19324	19324	0.00
retained earnings	9065300	8528933	6.29
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 9 million in 2024Q2 from 9 million in 2024Q1 representing a change of 3.34%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 9 million in 2024Q2 from 9 million in 2024Q1 representing a change of 6.52%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 2 million in 2024Q2 from 2 million in 2024Q1 representing a change of 1.85%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 6 million in 2024Q2 from 6 million in 2024Q1 representing a change of 4.63%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 9 million in 2024Q2 from 9 million in 2024Q1 representing a change of 6.29%. This indicates an accumulated profits.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2021	Y/Y change %
0000000000
net change in cash	-384997	2795947	-113.77
operating cash flow	963757	2866786	-66.38
free cash flow	963757	2562071	-62.38
capital expenditure	0	-304715	100.00
depreciation and amortization	1698.42	19774	-91.41
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	44514	-100.00
inventory	0	0	NaN
acquisitions net	0	567	-100.00
investments in property plant and equipment	0	-304715	100.00
net cash used for investing activites	0	-304148	100.00
debt repayment	0	96272	-100.00
common stock issued	0	56676	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	152948	-100.00
cash at end of period	2413245	2798242	-13.76
accounts receivables	334963	0	NaN
cash at beginning of period	2798242	2295	121827.76

Overall Score of Annual Cashflow Statement

0.17 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 0 million in 2023 from 3 million in 2021 representing a change of -113.77%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 1 million in 2023 from 3 million in 2021 representing a change of -66.38%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 1 million in 2023 from 3 million in 2021 representing a change of -62.38%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to 0 million in 2023 from 0 million in 2021 representing a change of 100.0%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Receivables: Accounts Receivables increased to 0 in 2023 from 0 million in 2021 representing a change of nan%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 0 million in 2021 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	111458	448088	-75.13
free cash flow	111458	448088	-75.13
capital expenditure	0	0	NaN
depreciation and amortization	1599.48	1651.98	-3.18
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	222916	-124638	278.85
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	0	0	NaN
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	0	NaN
net change in cash	40955	37816	8.30
cash at end of period	2259444	2218489	1.85
cash at beginning of period	2218489	2180673	1.73

Overall Score of Quarterly Cashflow Statement

0.25 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of 8.3%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -75.13%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -75.13%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from 0 million in 2024Q1 representing a change of 278.85%. This suggests that the company is less capable of collecting payments from its customers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-01-31	Y/Y change %
FY
calendar year	2023	2021	NaN
revenue per share	0.0	0.0	-61.53
net income per share	0.0	0.0	-85.64
operating cash flow per share	0.0	0.0	-68.20
free cash flow per share	0.0	0.0	-64.41
cash per share	0.0	0.0	-18.41
book value per share	0.0	0.0	99.19
tangible book value per share	0.0	0.0	99.19
shareholders equity per share	0.0	0.0	99.19
interest debt per share	0	0.0	-100.00
market cap	1159436.33	4021953.93	-71.17
enterprise value	-1253808.67	1332598.93	-194.09
pe ratio	1.95	1.03	89.87
price to sales ratio	0.39	0.56	-29.11
pocfratio	1.2	1.4	-14.25
pfcf ratio	1.2	1.57	-23.36
pb ratio	0.13	0.97	-86.31
ptb ratio	0.13	0.97	-86.31
ev to sales	-0.43	0.18	-331.37
enterprise value over ebitda	-2.11	0.34	-722.16
ev to operating cash flow	-1.3	0.46	-379.87
ev to free cash flow	-1.3	0.52	-350.12
earnings yield	0.51	0.97	-47.33
free cash flow yield	0.83	0.64	30.49
debt to equity	0	0.03	-100.00
debt to assets	0	0.03	-100.00
net debt to ebitda	-4.06	-0.68	-493.37
current ratio	0	23.81	-100.00
interest coverage	0	573.49	-100.00
income quality	1.63	0.73	121.42
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0.11	-100.00
capex to revenue	0	0.04	-100.00
capex to depreciation	0	15.41	-100.00
stock based compensation to revenue	0	0	NaN
graham number	0.01	0.01	-46.51
roic	0.09	0.92	-90.23
return on tangible assets	0.07	0.9	-92.50
graham net net	0.0	0.0	3.18
working capital	5872855	3745432	56.80
tangible asset value	8774634	4167444	110.55
net current asset value	5872855	3745432	56.80
invested capital	6238093	4172444	49.51
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	226.03	55.98	303.74
days payables outstanding	0	7.84	-100.00
days of inventory on hand	0	0	NaN
receivables turnover	1.61	6.52	-75.23
payables turnover	0	46.55	-100.00
inventory turnover	0	0	NaN
roe	0.07	0.94	-92.79
capex per share	0	0.0	-100.00

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 1.95 on 2023-12-31 from 1.03 on 2022-01-31, representing a change of 89.87%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2023-12-31 from 0.03 on 2022-01-31, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Negative

  Current Ratio: Current Ratio decreased to 0.00 on 2023-12-31 from 23.81 on 2022-01-31, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
GGSM
calendar year	2024	2024	NaN
revenue per share	0.0	0.0	-2.69
net income per share	0.0	0.0	-2.69
operating cash flow per share	0.0	0.0	-75.13
free cash flow per share	0.0	0.0	-75.13
cash per share	0.0	0.0	1.85
book value per share	0.0	0.0	3.34
tangible book value per share	0.0	0.0	3.34
shareholders equity per share	0.0	0.0	6.52
interest debt per share	0	0	NaN
market cap	1932393.88	2801971.12	-31.03
enterprise value	-327050.12	583482.12	-156.05
pe ratio	0.87	1.23	-29.13
price to sales ratio	0.7	0.99	-29.13
pocfratio	17.34	6.25	177.26
pfcf ratio	17.34	6.25	177.26
pb ratio	0.21	0.33	-35.25
ptb ratio	0.21	0.33	-35.25
ev to sales	-0.12	0.21	-157.60
enterprise value over ebitda	-0.59	1.02	-157.60
ev to operating cash flow	-2.93	1.3	-325.34
ev to free cash flow	-2.93	1.3	-325.34
earnings yield	0.29	0.2	41.10
free cash flow yield	0.06	0.16	-63.93
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	-4.05	-3.87	-4.67
current ratio	0	0	NaN
interest coverage	0	0	NaN
income quality	0.2	0.78	-74.44
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0.01	0.01	1.81
roic	0.08	0.09	-5.84
return on tangible assets	0.06	0.07	-5.84
graham net net	0.0	0.0	4.47
working capital	5972574	5708146	4.63
tangible asset value	8813575	8528933	3.34
net current asset value	5972574	5708146	4.63
invested capital	6313337	6061746	4.15
average receivables	1980759.5	None	NaN
average payables	0	None	NaN
average inventory	1.5	None	NaN
days sales outstanding	67.22	60.25	11.56
days payables outstanding	0	0	NaN
days of inventory on hand	0.0	0.0	-48.62
receivables turnover	1.34	1.49	-10.36
payables turnover	0	0	NaN
inventory turnover	1482393	761720.5	94.61
roe	0.06	0.07	-8.64
capex per share	0	0	NaN

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 0.87 on 2024-06-30 Q2 from 1.23 on 2024-03-31 Q1, representing a change of -29.13%. Indicating a decrease in the relative valuation of the company's stock.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None