gujarat nre coking coal ltd
(GNM:Australian Stock Exchange - SEATS)
gujarat nre coking coal ltd (GNM) Snapshot
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Open
A$0.18
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Previous Close
A$0.18
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Day High
A$0.18
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Day Low
A$0.17
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52 Week High
02/1/13 - A$0.23
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52 Week Low
07/18/12 - A$0.14
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Market Cap
233.9M
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Average Volume 10 Days
53.7K
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EPS TTM
A$0.02
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Shares Outstanding
1.4B
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EX-Date
--
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P/E TM
9.0x
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Dividend
--
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Dividend Yield
--
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No Related Businessweek News Foundgujarat nre coking coal ltd (GNM) Details
Gujarat NRE Coking Coal Limited engages in mining, producing, selling, and exporting coal. It owns and operates two hard coking coal mines comprising NRE No. 1 Colliery and NRE Wongawilli Colliery in the southern coal fields of New South Wales, Australia. The company was formerly known as Gujarat NRE Minerals Limited and changed its name to Gujarat NRE Coking Coal Limited in February 2010. The company was founded in 2004 and is based in Russell Vale, Australia. Gujarat NRE Coking Coal Limited operates as a subsidiary of Gujarat NRE Coke Ltd.
gujarat nre coking coal ltd (GNM) Top Compensated Officers
gujarat nre coking coal ltd (GNM) Key Developments
Gujarat NRE Coking Coal Limited announced consolidated earnings results for the half year ended Sep. 30, 2012. For the period, the company reported revenue from continuing operations of AUD 120,680,164, profit before income tax of AUD 2,277,964, profit of AUD 1,563,118 or AUD 0.001 per basic and diluted share as compared to revenue from continuing operations of AUD 109,850,956, loss before income tax of AUD 7,491,579, loss of AUD 7,326,485,118 or AUD 0.007 per diluted share for the same period prior year. Net cash flow from operating activities was AUD 234,634 as compared to AUD 37,291,362 for the same period prior year. Payment for property, plant and equipment was AUD 14,345,119 as compared to AUD 48,063,493 for the same period prior year. Payment for mine development was AUD 54,548,253 as compared to AUD 60,573,659 for the same period prior year. EBITDA was AUD 40,677,488 as compared to AUD 36,495,169 for the same period prior year. For the six months ended Sep. 30, 2012, the company reported total coal production of 906,000 tonnes as compared to 568,000 tonnes for the same period prior year.
Gujarat NRE Coking Coal Limited reported production results for the first quarter ended June 30, 2012. The company reported higher quarterly production of coking coal from its Australian mines. The company produced 362,000 tonnes of coal. This has been an increase of 2.36 times over the figure of 153,000 tonnes registered during the same period last year. This impressive show has been as a result of successful commissioning of longwall equipment at NRE No 1 colliery, production from which alone was 216,000 tonnes this quarter. Total longwall production in both the mines (NRE No 1 & NRE Wongawilli) stood at 297,000 tonnes. Longwall mining at NRE No 1 started in end April 2012 post receipt of approval.
Gujarat NRE Coking Coal Limited, Annual General Meeting, Aug 18, 2012., at 11:00 AUS Eastern Standard Time. Location: The Belmore/ Keira Room, Novotel Hotel. Agenda: To receive the annual report of the company including the financial statements for the year ended March 31, 2012; to approve the remuneration report; to re-elect Dr. Andrew Firek and Mr. Arun Kumar Jagatramka as directors; to receive subsequent member's approval for issue of securities; and to appoint Grant Thornton Audit Pty Ltd as the auditors of the company.
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| GNM:AU | A$0.17 AUD | -0.005 | |
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Industry Analysis
GNM
Industry Average
| Valuation | GNM | Industry Range |
| Price/Earnings | 11.6x |
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| Price/Sales | 1.3x |
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| Price/Book | 0.4x |
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| Price/Cash Flow | 11.8x |
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| TEV/Sales | NM | Not Meaningful |
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To contact GUJARAT NRE COKING COAL LTD, please visit www.gujaratnre.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.
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