Lindian Resources Limited
ASX:LIN Stock Report
Lindian Resources Past Earnings Performance Lindian Resources's earnings have been declining at an average annual rate of -38.1%, while the Metals and Mining industry saw earnings growing at 21.2% annually. Revenues have been declining at an average rate of 33% per year.
Key information
-38.1%
Earnings growth rate
Metals and Mining Industry Growth 22.3% Revenue growth rate -33.0% Return on equity -7.7% Net Margin n/a Last Earnings Update 30 Jun 2024
Recent past performance updates
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New major risk - Revenue and earnings growth Nov 08
Lindian Resources Limited, Annual General Meeting, Nov 26, 2024 Oct 04
New minor risk - Financial data availability Sep 30
New major risk - Share price stability Sep 25
Lindian Resources Limited Announces Resignation of Mr. Michael Fry Company Secretary Jul 08
Less than half of directors are independent Jun 20
New major risk - Revenue and earnings growth Mar 14
New minor risk - Market cap size Feb 06
Lindian Resources Limited, Annual General Meeting, Nov 24, 2023 Oct 20
Lindian Resources Limited Publishes an Exploration Target for the Kangankunde Rare Earths Project Oct 06
We're Not Very Worried About Lindian Resources' (ASX:LIN) Cash Burn Rate Sep 28
Lindian Resources Limited Receives Assay Results from KGKDD009 Sep 18
New major risk - Financial position Sep 12
Lindian Resources Limited Announces Appointment of Mr. Park Zuliang Wei as A Non-Executive Director Sep 05
Lindian Resources Limited Announces Board Appointments Aug 22
Lindian Resources Limited Reports Maiden Mineral Resource Estimate of 261 Million Tons At High Grade of 2.19% Treo Aug 03
Insufficient new directors Aug 01
Here's Why We're Not Too Worried About Lindian Resources' (ASX:LIN) Cash Burn Situation Jun 22
Lindian Resources Limited, Annual General Meeting, Jul 17, 2023 Jun 13
Lindian Resources Limited Appoints Brett Tucker as Joint Company Secretary Jun 01
Lindian Resources Limited Announces Receipt Further Assays from the Phase 1 Drilling Program At the Kangankunde Rare Earths Project in Malawi Feb 08
Lindian Resources Limited Announces Further Assays from the Phase 1 Drilling Program At the Kangankunde Rare Earths Project in Malawi Jan 24
Lindian Resources Limited Provides Kangankunde Project Update Jan 21
Lindian Resources Limited Announces Kangankunde Delivers More Outstanding Rare Earths Assays Jan 16
Lindian Resources Limited Announces Kangankunde Delivers Outstanding High Grade Rare Earths Assays Jan 05
Lindian Resources Limited Announces Company Secretary Changes Jan 03
Lindian Resources Limited Provides Update on the Ongoing Phase 1 Mine Development Drilling Program Dec 12
Executive Chairman exercised options to buy AU$3.1m worth of stock. Nov 22
Lindian Resources Limited Provides an Update with Respect to the Phase 1 Drilling Program at the Kangankunde Rare Earths Project Nov 17
Lindian Resources Limited Commences Drilling at Kangankunde Rare Earths Project Oct 31
Lindian Resources Limited, Annual General Meeting, Nov 28, 2022 Oct 28
Lindian Resources Limited Provides Operational Update on Comprehensive 12,500 Metre Drilling Program at Kangankunde Oct 13
Lindian Resources Limited Auditor Raises 'Going Concern' Doubt Oct 01
Insider recently bought AU$8.3m worth of stock Aug 30
Lindian Resources Limited, Annual General Meeting, Sep 27, 2022 Aug 25
Lindian Resources Limited Announces the Appointment of Alistair Stephens as Chief Executive Officer, Effective 8 August 2022 Aug 05 Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Aug 04
Lindian Resources Limited (ASX:LIN) agreed to acquire Kangankunde Rare Earths Project in Malawi from Rift Valley Resource Developments Limited for $30 million. Aug 02
Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Jun 08
Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Jun 07
Lindian Resources Limited Settles Litigation Regarding the Kangankunde Rare Earths Project in Malawi May 27 Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million. Mar 30
Lindian Resources Limited Announces Digestion Test Results Feb 04
Lindian Resources Limited Announces Execution of A Memorandum of Understanding with Reputable Construction Company China Railway Seventh Group Co. Ltd Jan 29
Lindian Resources Limited Announces Gaoual Screening Test Work Results Jan 20
Lindian Resources Limited (ASX:LIN acquired 61% stake in Woula Bauxite Project for AUD 0.22 million. Dec 17
Lindian Resources Limited Completes the Screening Test Works at the company's Gaoual High Grade Conglomerate Bauxite Project Dec 11
Lindian Resources Limited (ASX:LIN) completed the acquisition of 75% stake in Sarmin Bauxite Limited from Sarmin Mining Inc. and Kanberra Resources Limited. Nov 27
Lindian Resources Resignation of Matthew Bull as Non-Executive Director Oct 08
Lindian Resources Limited Updates Mineral Resource Estimate Oct 06
Lindian Resources Limited (ASX:LIN) entered into binding term sheet to acquire 61% stake in Woula Bauxite Project for AUD 0.02 million. Sep 24
Lindian Resources Limited Names Danny Keating as Chief Executive Officer Aug 10
Revenue & Expenses Breakdown
How Lindian Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History ASX:LIN Revenue, expenses and earnings (AUD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Jun 24 0 -5 3 0 31 Mar 24 0 -5 2 0 31 Dec 23 0 -5 0 0 30 Sep 23 0 -7 1 0 30 Jun 23 0 -8 2 0 31 Mar 23 0 -7 3 0 31 Dec 22 0 -5 3 0 30 Sep 22 0 -3 2 0 30 Jun 22 0 -1 0 0 31 Mar 22 0 -1 0 0 31 Dec 21 0 -1 0 0 30 Sep 21 0 -1 0 0 30 Jun 21 0 -1 0 0 31 Mar 21 0 -1 0 0 31 Dec 20 0 -1 0 0 30 Sep 20 0 -1 0 0 30 Jun 20 0 -2 1 0 31 Mar 20 0 -2 1 0 31 Dec 19 0 -2 1 0 30 Sep 19 0 -1 1 0 30 Jun 19 0 -1 0 0 31 Mar 19 0 -1 0 0 31 Dec 18 0 -1 0 0 30 Sep 18 0 -2 1 0 30 Jun 18 0 -3 1 0 31 Dec 17 0 -3 1 0 30 Sep 17 0 -2 1 0 30 Jun 17 0 -1 1 0 31 Dec 16 0 0 0 0 30 Sep 16 0 0 0 0 30 Jun 16 0 0 0 0 31 Dec 15 0 15 0 0 30 Sep 15 0 7 0 0 30 Jun 15 0 0 0 0 31 Dec 14 0 -16 0 0 30 Sep 14 0 -8 0 0 30 Jun 14 0 -1 1 0 31 Mar 14 0 -1 1 0
Quality Earnings: LIN is currently unprofitable.
Growing Profit Margin: LIN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LIN is unprofitable, and losses have increased over the past 5 years at a rate of 38.1% per year.
Accelerating Growth: Unable to compare LIN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LIN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (3.9%).
Return on Equity
High ROE: LIN has a negative Return on Equity (-7.73%), as it is currently unprofitable.
Return on Capital Employed
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