Back to catalogue
GFM

Griffin Mining Limited

Basic Resources First-pass screen £544m
350/1000 Overall fit
AI beneficiary 35% 15
Operating leverage 25% 56
Valuation 25% 38
Downside protection 15% 40

First-pass take

Single-asset zinc-gold mine in China with zero AI exposure. Operating profit surged 78% in 2025 on commodity price tailwinds and production constraints, but margin durability is questionable. No defensive characteristics; significant regulatory risk and concentration limit appeal.

Flags

no-ai-exposurecyclicalsingle-assetregulatory-riskchina-jurisdictionalno-valuation-data