Griffin Mining Limited

Griffin Mining Limited

GFM.L
Griffin Mining LimitedGB flagLondon Stock Exchange
300.00
GBp
-12.00
- -
529.78MMarket Cap
Griffin Mining Limited
GFM.L
(London Stock Exchange)

Recent

price

300.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.23
0.45
0.44
0.4
0.26
0.33
0.37
0.72
0.6
0.49
0.46
0.74
0.57
0.81
0.76
0.79
Revenue per Share
0.02
0.09
0.08
0.05
- -
-0.01
0.03
0.25
0.15
0.04
0.05
0.15
0.04
0.08
0.06
0.12
Basic EPS, GAAP
0.01
0.19
0.14
0.1
-0.06
0.05
0.06
0.36
0.02
-0.03
- -
0.13
-0.03
0.13
-0.01
0.1
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.27
0.37
0.45
0.49
0.49
0.49
0.52
0.77
0.94
0.97
1.02
1.15
1.15
1.14
1.22
1.36
Book Value per Share
0.8
0.93
0.8
0.83
0.83
0.77
0.8
1.09
1.23
1.24
1.35
1.5
1.4
1.42
1.46
1.53
Tangible Book Value per Share
182
176
175
176
175
179
179
176
172
173
173
175
175
190
187
182
Basic Weighted Avg Shares
41
79
77
71
46
60
66
127
104
85
79
129
100
154
143
144
Sales/Revenue/Turnover
31.92
46.59
40.56
26.3
14.77
7.19
22.94
50.35
34.27
16.64
19.15
28.65
15.83
15.66
12.49
21.57
Operating Margin (%)
2
6
7
7
6
7
9
10
10
12
13
17
20
28
25
22
Depreciation Expense
3
16
15
8
- -
-2
6
43
25
6
9
25
8
15
11
22
Net Income, GAAP
21.14
30.68
27.65
38.34
81.39
- -
43.04
28.84
26.79
48.05
38.62
30.53
49.55
37.78
36.6
32.35
Effective Tax Rate (%)
6.69
20
19.3
11.48
0.42
-3.66
8.92
34.2
24.56
7.12
11.27
19.69
7.7
9.87
7.96
15.29
Profit Margin (%)
64
76
-36
-31
-47
-60
-54
-19
1
-8
-14
4
-2
25
28
14
Working Capital
- -
- -
- -
12
11
7
4
1
- -
- -
- -
1
1
1
- -
- -
LT Debt
146
166
143
148
148
140
143
191
211
215
234
263
245
270
273
278
Total Equity
7.26
15.74
12.17
5.68
0.57
- -
4.23
22.4
12.09
3.33
4.04
10.15
3.1
5.74
4.1
7.6
Return on Invested Capital (%)
-6.71
5.91
11.96
6.26
0.62
- -
5.5
31.59
16.97
3.78
5.29
13.58
3.85
7.34
5.12
9.26
Return on Capital (%)
5.99
27.67
20.68
9.89
0.22
-2.52
6.57
37.9
17.18
3.71
5.21
13.48
3.83
7.31
5.13
9.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.57%
3.77%
2.07%
Free Cash Flow
-6,401.05%
-12,814.69%
-1,360.23%
Net Income, GAAP
47.29%
56.36%
94.36%
Sales/Revenue/Turnover
14.73%
17.7%
1.22%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
154
2024
- -
- -
- -
- -
143
2025
43
- -
- -
- -
144

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.08
2024
- -
- -
- -
- -
0.06
2025
0.06
- -
- -
- -
0.12

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Griffin Mining Limited is a Bermuda-incorporated mining and investment company listed on the AIM market of the London Stock Exchange under the ticker GFM.L; it focuses on the mining, exploration, and development of mineral properties, primarily zinc, gold, silver, lead, and precious metal deposits in China. The company holds an 88.8% interest in Hebei Hua Ao Mining Industry Company Limited through its wholly-owned Hong Kong subsidiary China Zinc Limited, which operates the Caijiaying Mine and processing facilities near Caijiaying Village in Hebei Province, approximately 250 kilometers northwest of Beijing; it also maintains a 90% interest in Hebei Sino Anglo Mining Development Company Limited for surrounding exploration licenses. Founded in 1988 with headquarters in Hamilton, Bermuda, and operational offices in London, United Kingdom, Griffin Mining produces zinc, gold, silver, and lead concentrates from the Caijiaying Mine, which has a nameplate mill throughput capacity of 1.5 million tonnes of ore per annum following multiple upgrades since its 2005 commissioning. The Caijiaying Mine, Griffin's principal asset developed since 1997, extracts and processes ore from Zone III, yielding high-grade zinc-lead and precious metal concentrates sold to smelters; recent drilling in 2024-2025 has confirmed significant high-grade gold domains below existing development, including intercepts such as 4m at 24.4 g/t Au and 7m at 8.90 g/t Au, with ongoing exploration testing multiple shoots. The company sustains operations with supporting infrastructure including a processing plant, camp, and ventilation systems, while emphasizing sustainability, safety, and environmental care, as evidenced by its 2021 Green Mine certification and 2010-2011 China Mining conference awards. In recent developments, Griffin Mining completed infrastructure for Zone II at Caijiaying, securing an additional mining license in 2022 and advancing commissioning on schedule for the first quarter of 2026, with underground workings, services installation, and the South Ventilation Shaft nearing completion to enable ore extraction in late 2025. The company faced a complete operational shutdown in Q4 2024 following an underground incident, impacting Q1 2025 production, but recovered to process 588,852 tonnes of ore in H1 2025, producing 17,093 tonnes of zinc, 8,703 ounces of gold, 163,220 ounces of silver, and 708 tonnes of lead in concentrate. Griffin continues its share buyback program, repurchasing $12.5 million in ordinary shares in 2024 to enhance earnings per share, while maintaining a debt-free balance sheet with cash balances exceeding $69 million as of June 2025; it ceased quarterly trading updates in favor of half-yearly reporting.