Want to see GB:GFM full AI Analyst Report?
Top Page
Griffin Mining
(LSE:GFM)
Select Model
Select Model
Rating:66Neutral
Price Target:
293.00 p
▲(2.45% Upside)
Action:Downgraded
Date:08/17/26
The score is supported primarily by strong financial strength (very low leverage) and improved 2025 profitability/cash flow, but is held back by very weak technical momentum (price below key moving averages with negative MACD) and a relatively high P/E without a provided dividend yield.
Positive Factors
Very Low Leverage
Minimal debt and a large equity base give Griffin Mining substantial financial resilience. This reduces interest and refinancing pressure, preserves flexibility for mine investment, and provides a stronger buffer against cyclical metal prices or operational disruptions.
Negative Factors
Revenue Volatility
Large year-to-year revenue swings make earnings visibility less reliable. This volatility can reflect changing production, grades, realized metal prices, or customer terms, complicating planning and increasing the risk that strong reported results will not persist consistently.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Minimal debt and a large equity base give Griffin Mining substantial financial resilience. This reduces interest and refinancing pressure, preserves flexibility for mine investment, and provides a stronger buffer against cyclical metal prices or operational disruptions.
Read all positive factors
Griffin Mining (GFM) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£502.53M
Dividend YieldN/A
Average Volume (3M)24.64K
Price to Earnings (P/E)30.7
Beta (1Y)0.27
Revenue Growth28.80%
EPS Growth286.76%
CountryUK
Employees589
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.13
Shares Outstanding173,287,830
10 Day Avg. Volume12,821
30 Day Avg. Volume24,637
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)2.37
Price to Sales (P/S)4.70
P/FCF Ratio33.13
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£360.00Price Target Upside25.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.19
Revenue Forecast (FY)£140.00M
Griffin Mining Business Overview & Revenue Model
Company Description
Griffin Mining Limited functions as both a mineral extraction and investment enterprise, dedicating its efforts to the exploration, development, and operation of mineral-rich sites. The company's prospecting activities largely target deposits of z...
How the Company Makes Money
Griffin Mining primarily makes money by mining ore and selling produced metal concentrates, with zinc concentrate as the main revenue driver and by-product credits from associated metals (including gold, silver, and lead) contributing additional r...
Griffin Mining Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 140.38M | 142.60M | 146.02M | 100.01M | 128.87M |
| Gross Profit | 59.67M | 51.25M | 51.84M | 38.25M | 58.42M |
| EBITDA | 53.94M | 42.55M | 52.69M | 35.00M | 53.46M |
| Net Income | 22.52M | 11.35M | 15.24M | 7.70M | 25.38M |
Balance Sheet | |||||
| Total Assets | 324.80M | 305.75M | 321.22M | 305.59M | 320.53M |
| Cash, Cash Equivalents and Short-Term Investments | 47.56M | 48.76M | 60.01M | 34.14M | 38.16M |
| Total Debt | 457.16K | 620.00K | 739.00K | 852.00K | 971.00K |
| Total Liabilities | 46.39M | 33.08M | 51.47M | 60.13M | 57.96M |
| Stockholders Equity | 278.41M | 272.67M | 269.75M | 245.47M | 262.58M |
Cash Flow | |||||
| Free Cash Flow | 19.93M | -1.41M | 25.10M | -5.57M | 22.88M |
| Operating Cash Flow | 56.81M | 19.58M | 48.38M | 15.73M | 42.88M |
| Investing Cash Flow | -36.54M | -18.81M | -21.89M | -20.93M | -19.77M |
| Financing Cash Flow | -20.95M | -11.63M | -555.00K | -167.00K | -613.00K |
Griffin Mining Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | £502.53M | 30.75 | 8.42% | ― | 28.80% | 286.76% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | £168.57M | -29.75 | -67.90% | ― | ― | -37.29% | |
54 Neutral | £167.14M | -0.84 | -33.21% | 8.99% | -28.42% | -411.33% | |
50 Neutral | £159.68M | -35.88 | -9.10% | ― | ― | 14.29% | |
46 Neutral | £121.83M | -31.18 | -15.04% | ― | ― | 36.62% | |
42 Neutral | £234.73M | -0.08 | -18.08% | ― | ― | ― |
* Basic Materials Sector Average
GB:GFM
Griffin Mining
294.00
96.00
48.48%
GB:ALL
Atlantic Lithium
14.90
4.50
43.27%
GB:SAV
Savannah Resources
6.10
1.60
35.56%
GB:KMR
Kenmare Resources
186.60
-124.01
-39.92%
GB:RBW
Rainbow Rare Earths
24.00
8.00
50.00%
GB:PRE
Pensana Rare Earths PLC
65.00
-55.00
-45.83%
Griffin Mining Corporate Events
Business Operations and Strategy
Griffin Mining Shifts Registered Office Within Bermuda
Neutral
Aug 3, 2026
Griffin Mining Limited has changed its registered office in Bermuda from Clarendon House on Church Street to Richmond House on Par-la-Ville Road in Hamilton. The move aligns the company’s registered address with the relocation of its Bermuda...
Stock BuybackRegulatory Filings and Compliance
Griffin Mining Cancels 3.3 Million Shares After Reverse Bookbuild Buyback
Positive
Jun 23, 2026
Griffin Mining has completed a reverse accelerated bookbuild share buyback, agreeing to acquire 3,304,340 ordinary shares at 318 pence each for a total consideration of $13.87 million, with all repurchased shares to be cancelled. Following the can...
Business Operations and StrategyStock Buyback
Griffin Mining Launches Reverse Accelerated Buyback to Cancel Shares
Positive
Jun 19, 2026
Griffin Mining has launched a reverse accelerated bookbuild share buyback, alongside its previously announced on-market programme, as part of a capital management drive that could see up to $15 million deployed to repurchase as many as 3.7 million...
Business Operations and StrategyShareholder Meetings
Griffin Mining Shareholders Approve All Resolutions at 2026 AGM
Positive
Jun 11, 2026
Griffin Mining said all resolutions proposed at its 11 June 2026 annual general meeting were duly passed by shareholders. The approvals signal continued investor support for the board and its strategy at the China-focused base and precious metals ...
Business Operations and StrategyStock Buyback
Griffin Mining Revives Share Buyback Plan Worth Up to $15m
Positive
Jun 3, 2026
Griffin Mining has reinstated its share buy-back programme, authorising the repurchase on the London Stock Exchange of up to 3.7 million ordinary shares or up to $15 million worth of stock for cancellation until 30 November 2026. The company says ...
Business Operations and StrategyShareholder Meetings
Griffin Mining Sets Date and Venue for 39th Annual General Meeting
Neutral
May 28, 2026
Griffin Mining has dispatched notice of its thirty ninth Annual General Meeting to shareholders, with the meeting scheduled for 11 June 2026 at Clarendon House in Hamilton, Bermuda, at 11:00 a.m. local time. The AGM documentation is now available ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.