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GFM Griffin Mining Limited

146.00
-1.00 (-0.68%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Griffin Mining Limited LSE:GFM London Ordinary Share BMG319201049 ORD $0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -1.00 -0.68% 146.00 223,786 16:27:54
Bid Price Offer Price High Price Low Price Open Price
146.00 149.00 150.00 146.00 150.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec USD 146.02M USD 15.24M USD 0.0830 17.59 269.73M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:09 O 100,000 147.00 GBX

Griffin Mining (GFM) Latest News

Griffin Mining (GFM) Discussions and Chat

Griffin Mining Forums and Chat

Date Time Title Posts
13/12/202421:14GRIFFIN Mining - Chinese Zinc & Gold (Moderated)77,061
02/12/202408:47Zinc & Gold with some Silver & Lead2,700
07/12/202321:28Chinese dragon and Sageman 13
16/1/202115:51GFM UPDATE11
23/4/202014:46Mud suckers 2

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Griffin Mining (GFM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-13 17:15:00147.00100,000147,000.00O
2024-12-13 17:15:00146.00100,000146,000.00O
2024-12-13 16:35:09146.001826.28UT
2024-12-13 16:27:54146.00524765.04AT
2024-12-13 16:07:54148.004,9467,320.08AT

Griffin Mining (GFM) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Griffin Mining Daily Update
Griffin Mining Limited is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker GFM. The last closing price for Griffin Mining was 147p.
Griffin Mining currently has 183,489,677 shares in issue. The market capitalisation of Griffin Mining is £267,894,928.
Griffin Mining has a price to earnings ratio (PE ratio) of 17.59.
This morning GFM shares opened at 150p
Posted at 13/12/2024 15:41 by theapiarist
I reckon you're doing the right thing, Phillis.

2023 was the first year of full 1.5 million tonne production.

2023 eps was 8.03 cents or 6.36 p giving a p/e of 23 based on the current price.

This is very high when compared to the likes of BHP 16.6 or RIO 9.4 and others.

But of course it gets much worse with as much as 3 months lost production for 2024.

What are the eps going to be this current year? - perhaps 4.7p.

On that basis the current p/e is 31!

What keeps the share price of 1.47 levitating at these levels is the question?

Current cash balance or the prospect of a takeover?

Even if the cash survives the stoppage AND a bidder appears, in the present predicament I don't believe the offer price would be much, if anything, above the current price.

Leaving plenty of downside risk - or should I say certainty.
Posted at 11/12/2024 15:49 by zooman
JPPP, Griffin tends to report only when they have something to say. Yes, I have said it for a long time about a sell out but can see little evidence of much else. If the company were mining elsewhere in the world my opinion may be different, but they're not. The Chinese are difficult people to deal with culturally and historically. So my question would be who then? A company outside of China? nar can't see it given the geopolitical state of the world currently. So it has to be a home grown company. Will they want to pay what it's worth, again I think not?Again if this suspension of production continues I can see the share price heading south. Looking at the long term zinc price its expected to rise until around March then to decline from there. .It's a watch and wait game, methinks.
Posted at 20/11/2024 08:43 by amt
Good morning Alan. Nexxen up again and some positive news from Cyan but no share price reaction.
Good luck with Perseus, the share price has gone up so maybe fortuitous to have a problem selling it.
Posted at 24/10/2024 20:44 by zooman
Alan, he's posted nonsense about ten times today and I've responded to him. .The guy's just like thrush. An annoying itch that won't go away whatever's said just like a Troll he'll twist it. He must have a sad life at home. You can imagine what goes on there..Clearly he's got issues. His problem is not mine hence I'm not bothered anymore. Anyone reading the BBs can see his pathetic goading and carrying on all very sick really. Sitting there all day waiting to respond and being led on by other trolls, quite a sad life for him really. Misery needs company. .The only answer is to put him on ignore and take his audience away. I've a good life and can do without an idiotic fool like that. .MATD have suggested they could be pumping oil on the 25th so tomorrow could be interesting. I'm thinking it may well be the start of a steady climb on the share price GFM may fall tomorrow as this shutdown continues and the share price will reflect it..Zoo
Posted at 22/10/2024 17:42 by alangriffbang
zoo have got home before the dark, super day just the two of us and they fed me ,how a person of 102 is so with it and alert all of the time beggars belief, we even talked about GFM which she has held for years ,I’m not bothered about GFM share price it did this a while ago when I bought more and it went back up to the level it was, I see up is at it again looks like yet more posts to report, at least it’s keeping me busy, good luck and hope you new buys come good ,
Posted at 18/10/2024 17:34 by rose_by_another_name
Do you suppose he will have to drop the "you failed to
sell at 168 pence" nonsense (which he didn't get himself
anyway) once the GFM share price goes to 170 pence and
beyond? Much more likely now than him getting his 60 pence
target.
Posted at 17/10/2024 10:44 by theapiarist
For several years I followed the iii thread, Zoo.

As I recall, shortly after coming ashore, Rose was quickly labelled "The clueless one" by Sage for holding to the heretical belief that the GFM share price would benefit from the payment of dividends.

Meanwhile CD waded ashore uttering the battle cry "Morons the lot of them". He was cut down before reaching dry land. Whilst being medevacced out he was heard to weep "The nasty man said "boo" to me".

It wasn't long, however, before the newcomers came to the realisation that the natives were as intelligent and knowledgeable as themselves, more so in some cases, and that there could be no place for the iii hierarchical structure that they previously enjoyed.

Peace broke out.

Then, belatedly, Zoo arrived swearing vengeance.

The rest is history.
Posted at 06/9/2024 11:30 by theapiarist
Yes, Rose. Very odd to announce a programme and then do nothing. But as Phillis points out the interims may be out soon and they may pull a rabbit from the hat.
Judging from the recent rise the market may be anticipating some good news.

Maybe that will be the news that Zoo says he's been waiting for before buying.

As for me, I've sold my "falling knife" purchase (cliché #3 "a profit is a profit") and invested the proceeds in Adriatic Metals (ADT1).

Like GFM it's a multimetal resource but with the emphasis on silver and to a lesser extent gold. Recently started production, ramping up to nameplate levels by Q4.

The grades are impressive compared to those found at GFM. Listed below is the comparison with GFM Zone II shown in brackets.

Zinc 4% (3.4%)
Ag 187g/t (27.8g/t)
Au 1.4g/t (0.2g/t)
Lead 3.3% (0.9%)
Cu 0.5%
Sb 0.2%

Analysts seem to have a target price circa 250 compared to the current share price of 140.
Posted at 26/7/2024 15:33 by jppp
Good luck Alan!

I've just sold just over 20,000. You may remember I wasn't keen for you to buy at about £1.50, I don't see the price action as positive and GFM is prone to large drops. I think the China recovery trade got over bought and it isn't clear that China is getting any better. Copper and zinc are softer, gold is doing well. As I said earlier this week, I may buy some silver. We may be going into a summer lull/drift with nothing to support the GFM price, so I've taken some profits.

The inconsistency I can't figure out is what happened to all those shares that were bought a few months ago, at higher prices. No one declared a declarable stake and we still have no idea what was behind all that price action. Whoever it was is unlikely to have disappeared. If I'm lucky I get to buy back in cheaper. I still think the chart looks like 2021 although that means nothing. Good luck to you.

MrB, it just gives me more time to look into copper!

Sage is quiet at the moment, probably basking in the sun. I am leaning towards profit taking and downside protection - I feel the potential for global weakness is increasing and central banks may be too slow while they focus on service/core inflation which is stubbornly high.

JPPP
Posted at 26/7/2024 13:39 by theapiarist
Indeed, JPPP. Copper prices are down along with the shares but I wouldn't say that they are struggling. In my opinion the medium to long term prospects remain the same ie very promising.

ATYM H1 results were viewed by many as disappointing with a resultant fall in share price However I remain 25% up and confidant that both the grades and Cu price will travel north in the medium term, carrying the share price along with them.

As you point out the GFM buyback, which some believed would put a floor under the sp, has proved a disappointment. One can't help but speculate on the response if GFM had implemented a dividend policy such as ATYM who return 30% - 50% of free cash flow to shareholders.
Griffin Mining share price data is direct from the London Stock Exchange

Griffin Mining Frequently Asked Questions (FAQ)

What is the current Griffin Mining share price?
The current share price of Griffin Mining is 146p.
How many Griffin Mining shares are in issue?
Griffin Mining has 183,489,677 shares in issue.
What is the market cap of Griffin Mining?
The market capitalisation of Griffin Mining is GBP 269.73 M.
What is the 1 year trading range for Griffin Mining share price?
Griffin Mining has traded in the range of 77.20p to 175.00p during the past year.
What is the PE ratio of Griffin Mining?
The price to earnings ratio of Griffin Mining is 17.59.
What is the cash to sales ratio of Griffin Mining?
The cash to sales ratio of Griffin Mining is 1.83.
What is the reporting currency for Griffin Mining?
Griffin Mining reports financial results in USD.
What is the latest annual turnover for Griffin Mining?
The latest annual turnover of Griffin Mining is USD 146.02M.
What is the latest annual profit for Griffin Mining?
The latest annual profit of Griffin Mining is USD 15.24M.
What is the registered address of Griffin Mining?
The registered address for Griffin Mining is CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON HM 11, BERMUDA.
Which industry sector does Griffin Mining operate in?
Griffin Mining operates in the MISCELLANEOUS METAL ORES,NEC sector.

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