View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsOZ Minerals 将来の成長Future 基準チェック /46OZ Minerals利益と収益がそれぞれ年間22.8%と10.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.5% 22.6%なると予測されています。主要情報22.8%収益成長率22.58%EPS成長率Metals and Mining 収益成長14.6%収益成長率10.1%将来の株主資本利益率12.55%アナリストカバレッジGood最終更新日30 Apr 2023今後の成長に関する最新情報Major Estimate Revision • Apr 05Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from AU$2.12b to AU$2.18b. EPS estimate increased from AU$0.997 to AU$1.10 per share. Net income forecast to grow 74% next year vs 2.2% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$27.61. Share price was steady at AU$28.11 over the past week.Price Target Changed • Aug 01Price target decreased to AU$20.35Down from AU$22.07, the current price target is an average from 19 analysts. New target price is 7.6% above last closing price of AU$18.91. Stock is down 17% over the past year. The company is forecast to post earnings per share of AU$0.90 for next year compared to AU$1.60 last year.Major Estimate Revision • Jul 26Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.06b to AU$2.00b. EPS estimate also fell from AU$1.06 per share to AU$0.95 per share. Net income forecast to shrink 41% next year vs 36% growth forecast for Metals and Mining industry in Australia . Consensus price target broadly unchanged at AU$21.46. Share price was steady at AU$17.19 over the past week.Price Target Changed • Jul 19Price target decreased to AU$21.62Down from AU$23.42, the current price target is an average from 18 analysts. New target price is 28% above last closing price of AU$16.90. Stock is down 18% over the past year. The company is forecast to post earnings per share of AU$1.06 for next year compared to AU$1.60 last year.Major Estimate Revision • Jul 13Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.15b to AU$2.09b. EPS estimate also fell from AU$1.32 per share to AU$1.18 per share. Net income forecast to shrink 28% next year vs 33% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.02 to AU$22.83. Share price fell 3.1% to AU$16.44 over the past week.Major Estimate Revision • Jul 07Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.18b to AU$2.12b. EPS estimate also fell from AU$1.39 per share to AU$1.23 per share. Net income forecast to shrink 24% next year vs 31% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.35 to AU$23.48. Share price was steady at AU$17.35 over the past week.すべての更新を表示Recent updatesMajor Estimate Revision • Apr 05Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from AU$2.12b to AU$2.18b. EPS estimate increased from AU$0.997 to AU$1.10 per share. Net income forecast to grow 74% next year vs 2.2% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$27.61. Share price was steady at AU$28.11 over the past week.Reported Earnings • Feb 22Full year 2022 earnings released: EPS: AU$0.62 (vs AU$1.60 in FY 2021)Full year 2022 results: EPS: AU$0.62 (down from AU$1.60 in FY 2021). Revenue: AU$1.92b (down 8.4% from FY 2021). Net income: AU$207.3m (down 61% from FY 2021). Profit margin: 11% (down from 25% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 21OZ Minerals Limited Announces Summary of Updated Mineral Resource & Ore Reserve StatementsOZ Minerals has released its annual Mineral Resource and Ore Reserve summary which reports changes in company Resources and Reserves over the prior year. Also released Mineral Resource and Ore Reserve Statement for Prominent Hill, Carrapateena and Pedra Branca as at 30 June 2022 and a Mineral Resource Statement for Fremantle Doctor and Pantera as at 30 June 2022 and 1 October 2022 respectively. In the past 12 months a Mineral Resource and Ore Reserve update has also been provided for West Musgrave. Prominent Hill Province: Increases in Mineral Resources since 30 June 2021 were primarily due to the inclusion of information from additional delineation and grade control drilling completed and a reduction in the cut-off grade, offset by depletion of existing surface stockpiles and ongoing mining of the underground Mineral Resource. Increases in the Ore Reserve have been reported with the inclusion of material within the Malu Deeps West and Kalaya orebodies as a result of Resource drilling partially offset by depletion through mining and stockpile processing. Underground Ore Reserve tonnes have increased by approx. 23% to 59Mt, with copper metal up approx. 5% and gold metal up approx. 12%. Ore Reserve stockpiles decreased by approx. 36% to 9Mt, with copper metal down approx. 53% and gold metal down approx. 37%. Decreases to stockpiles were attributed to stockpile processing. Carrapateena Province: The Carrapateena Mineral Resource and Ore Reserve has been updated with depletion from mining up to 30 June 2022. Decreases in the Mineral Resource and Ore Reserve were primarily due to the inclusion of data from a drilling campaign of approx. 40 kms between July 2020 and June 2022 as well as mapping and sampling information collected from underground development resulting in refined interpretation and estimation. Mineral Resource tonnes have decreased by 5% with no change to copper grade resulting in a 5% decrease in copper metal. Ore Reserve tonnes have reduced to 190Mt with copper and gold metal down approx. 13%. The Fremantle Doctor Resource Statement is an update to the Mineral Resource statement as at 12 November 2018. This update includes additional historical peripheral drillholes to influence the interpretation. The 2022 model uses a change in estimation method with the 2022 model using ordinary kriging and the 2018 model using an inverse distance weighting method. The updated Mineral Resource incorporates a change of the reasonable prospects application to report all material within the reasonable prospects shape to reflect the non-selective nature of Block Cave mining. The Fremantle Doctor Mineral Resource tonnes have decreased by approx. 4% with copper grade down 31% resulting in a approx. 33% decrease in copper tonnes. West Musgrave Province: The West Musgrave Feasibility Study, released in September 2022, was supported by an updated Ore Reserve of 270 Mt at 0.34% Cu and 0.31% Ni. The Ore Reserve tonnes have increased by approx. 7% and were due to the net result of updated operating costs based on increased processing plant throughput and updated power cost assumptions, metal payability, mining modifying factors and partially offset by economic assumptions and logistics costs. The Mineral Resource tonnes, grade and metal remained stable. Carajás Province: Decreases to the Pedra Branca Mineral Resource and Ore Reserve were primarily due to mining depletion and an increase to reporting cut-off as a result of increased project cost. The decrease in Mineral Resource has been partially offset by additional tonnes as a result of extensional drilling. The Mineral Resource tonnes have decreased by approx. 5% with copper grade stable and copper metal down approx. 6%. The Ore Reserve as at 30 June 2022 is 4Mt at 2.0% Cu and 0.5 g/t Au compared to 30 June 2021 5Mt at 2.1% Cu and 0.5 g/t Au. A maiden Mineral Resource estimate of 5.8Mt at 2.1% Cu and 0.35 g/t Au at Santa Lúcia was released in September 2021. Additional drilling has been completed and an updated Mineral Resource estimate is expected to be completed imminently.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Brazil Advisory Board of Board Member Jose Luiz Oliveira Martins was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 14OZ Minerals Limited Announces West Musgrave MHP Project Study UpdateOZ Minerals released a West Musgrave Mixed Hydroxide Precipitate (MHP) Project Study Update. The MHP Study considers the opportunity of further processing nickel concentrate from the West Musgrave copper-nickel Project in Western Australia into a high-grade nickel product via a Pressure Oxidation (POX) and precipitation process. The study confirms the technical and commercial opportunity of producing a high quality and high grade MHP product and the potential for significant value uplift to the West Musgrave Project (WMP). The value uplift includes improving road safety, reducing transport movements, costs and carbon emissions due to a 65% mass reduction of the non-valuable component of the concentrates transported to customers, a potential for improved payability for the contained metal, and its attractiveness to the battery value chain given its traceability. A decision whether to proceed to Feasibility Study phase will be made in parallel with the current West Musgrave potential strategic partner review. The MHP process plant would be constructed after the mine begins production. The West Musgrave Project commenced construction this month following final investment approval in September 2022.お知らせ • Nov 09+ 1 more updateOZ Minerals Limited to Report Q4, 2022 Results on Jan 30, 2023OZ Minerals Limited announced that they will report Q4, 2022 results on Jan 30, 2023Board Change • Nov 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Brazil Advisory Board of Board Member Jose Luiz Oliveira Martins was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 24OZ Minerals Limited Provides Update on Green Light for West Musgrave ProjectOZ Minerals announced final investment approval by the Board to develop its fourth operating asset, the West Musgrave copper-nickel Project (West Musgrave) in Western Australia, for direct capital investment of approximately $1.7 billion. In addition to the ~80% renewable energy sourced from wind and solar for power generation, the Project scope includes a pathway to net zero scope 1 emissions by 2038. The pathway is aligned with the potential transition to an electric haulage fleet at the first engine change out, together with exploring other initiatives to reduce diesel and the application of offsets.お知らせ • Aug 26+ 1 more updateOZ Minerals Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on September 16, 2022OZ Minerals Limited announced dividend for the six months ended June 30, 2022 of AUD 0.08000000 per share. Ex-date is August 31, 2022. Record date is September 1,2022. Payment date is September 16, 2022.お知らせ • Aug 09BHP Group Limited (ASX:BHP) cancelled the acquisition of OZ Minerals Limited (ASX:OZL).BHP Group Limited (ASX:BHP) made an offer to acquire OZ Minerals Limited (ASX:OZL) on August 5, 2022. The transaction is subject to the completion of extensive financial, legal, technical and operational due diligence over a proposed 6-week timeframe, various financial assumptions, a unanimous recommendation of the OZ Minerals Board entry into a scheme implementation agreement subject to a range of conditions including no material adverse change, regulatory, shareholder and court approvals and conduct of business restrictions. The Board has unanimously determined that the Indicative Proposal significantly undervalues OZ Minerals and, as such, is not in the best interests of shareholders. OZ Minerals has appointed Macquarie Capital and Greenhill & Co as financial advisers and Gilbert + Tobin as legal adviser in relation to the Indicative Proposal. BHP Group Limited (ASX:BHP) cancelled the acquisition of OZ Minerals Limited (ASX:OZL) on August 8, 2022.Board Change • Aug 09High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improved over the past weekAfter last week's 35% share price gain to AU$25.59, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$37.48 per share.Price Target Changed • Aug 01Price target decreased to AU$20.35Down from AU$22.07, the current price target is an average from 19 analysts. New target price is 7.6% above last closing price of AU$18.91. Stock is down 17% over the past year. The company is forecast to post earnings per share of AU$0.90 for next year compared to AU$1.60 last year.Major Estimate Revision • Jul 26Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.06b to AU$2.00b. EPS estimate also fell from AU$1.06 per share to AU$0.95 per share. Net income forecast to shrink 41% next year vs 36% growth forecast for Metals and Mining industry in Australia . Consensus price target broadly unchanged at AU$21.46. Share price was steady at AU$17.19 over the past week.Price Target Changed • Jul 19Price target decreased to AU$21.62Down from AU$23.42, the current price target is an average from 18 analysts. New target price is 28% above last closing price of AU$16.90. Stock is down 18% over the past year. The company is forecast to post earnings per share of AU$1.06 for next year compared to AU$1.60 last year.Major Estimate Revision • Jul 13Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.15b to AU$2.09b. EPS estimate also fell from AU$1.32 per share to AU$1.18 per share. Net income forecast to shrink 28% next year vs 33% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.02 to AU$22.83. Share price fell 3.1% to AU$16.44 over the past week.Major Estimate Revision • Jul 07Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.18b to AU$2.12b. EPS estimate also fell from AU$1.39 per share to AU$1.23 per share. Net income forecast to shrink 24% next year vs 31% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.35 to AU$23.48. Share price was steady at AU$17.35 over the past week.Major Estimate Revision • Jun 28Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.25b to AU$2.20b. EPS estimate also fell from AU$1.66 per share to AU$1.44 per share. Net income forecast to shrink 11% next year vs 34% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$25.84 to AU$24.57. Share price fell 9.8% to AU$18.66 over the past week.お知らせ • Jun 28OZ Minerals Limited Provides Production Guidance for the Fiscal Year 2022OZ Minerals Limited provided production guidance for the fiscal year 2022. For the year, the company expects total copper production in the range of 120,000 tonnes to 135,000 tonnes and total gold production in the range of 208,000 ounces to 230,000 ounces.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to AU$19.81, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Metals and Mining industry in Australia. Total returns to shareholders of 105% over the past three years.Board Change • Jun 05High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Brazil Advisory Board of Board Member Jose Luiz Oliveira Martins was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 24+ 2 more updatesOZ Minerals Limited to Report First Half, 2022 Results on Aug 29, 2022OZ Minerals Limited announced that they will report first half, 2022 results on Aug 29, 2022お知らせ • Apr 12OZ Minerals Limited to Report Q1, 2022 Results on Apr 22, 2022OZ Minerals Limited announced that they will report Q1, 2022 results on Apr 22, 2022Buying Opportunity • Mar 04Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$33.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% per annum over the last 3 years. Earnings per share has grown by 40% per annum over the last 3 years.Major Estimate Revision • Feb 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$2.26b to AU$2.30b. EPS estimate fell from AU$1.88 to AU$1.68 per share. Net income forecast to grow 5.7% next year vs 35% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$25.35. Share price fell 4.7% to AU$24.91 over the past week.Recent Insider Transactions • Feb 25Independent Non-Executive Chairman recently bought AU$100k worth of stockOn the 23rd of February, Rebecca McGrath bought around 4k shares on-market at roughly AU$25.08 per share. This was the largest purchase by an insider in the last 3 months. This was Rebecca's only on-market trade for the last 12 months.お知らせ • Feb 21Oz Minerals Limited Announces Fully Franked Ordinary Fully Paid Dividend for the Six Months Ended December 31, 2021, Payable on March 11, 2022OZ Minerals Limited announced fully franked Ordinary Fully Paid dividend of AUD 0.18000000 per share for the six months ended December 31, 2021, Ex Date: Feb. 24, 2022, Record Date: Feb. 25, 2022, Payment Date: March 11, 2022.Reported Earnings • Feb 21Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: AU$1.60 (up from AU$0.65 in FY 2020). Revenue: AU$2.10b (up 56% from FY 2020). Net income: AU$530.7m (up 150% from FY 2020). Profit margin: 25% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 9.6%, compared to a 760% growth forecast for the mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 12OZ Minerals Limited, Annual General Meeting, Apr 08, 2022OZ Minerals Limited, Annual General Meeting, Apr 08, 2022, at 10:00 AUS Central Standard Time.Board Change • Jan 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Dec 07High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Sep 15Oz Minerals Limited Announces Coherent Em Conductor Identified At Breena PlainsOZ Minerals, through the Breena Plains Alliance, is farming-in to the Breena Plains +1,200km tenement package adjacent the Eloise and Jericho joint venture tenements. Breena Plains is the subject of a recent acquisition by Minotaur1 where, at completion, full ownership will reside with Minotaur. The Alliance's funding arrangements and earn-in phases are detailed below. Minotaur's role is to conceive and develop exploration targets and manage program delivery. The Alliance has been seeking Cannington style and Eloise/Jericho style polymetallic base metals mineral systems within the broader JV project area using deep-penetrating SQUID EM geophysical techniques. A new basement interpretation geology model published by Karen Connors2 from the Sustainable Minerals interpreted D2-age thrusts (faults) transect favourable stratigraphy. Minotaur views D2-age faults as key to mineralisation at the Jericho Cu-Au deposit, 30km north, discovered by Minotaur under the Eloise JV with OZ Minerals in 2017, using systematic ground EM surveys along a favourable fault corridor. EM surveys were recently completed over the Murphy's Tank and Garnet Creek areas, targeting Eloise/Jericho Cu-Au style mineralisation. The Garnet Creek survey yielded 3 conductive anomalies. has modelled plate conductivity thickness values ranging 1,000-5,500 Siemens and depth extents in excess of 500m. conductor lies immediately adjacent and parallel to an interpreted D2 thrust cutting the interpreted Mount Norna Quartzite, the same stratigraphic unit hosting Jericho. The anomaly is covered by younger sediments, however historic drilling in the general area (none into the anomaly), indicates the cover is likely less than 30m thick. The Gap is a compelling drill target and will initially be investigated with up to 5 x 200m RC drill holes. D2 thrust position and is 3km long, generally has lower conductance than The Gap and an historical drill hole indicates the presence of graphitic basement rocks could be the source of this anomaly. Similarly at Bond, the conductance of the EM plate model is only modest and an adjacent historic drill hole intersected graphite. However, that hole reported a 2m zone containing 2.4% Zn. Both Maxwells and Bond conductors will be assessed for further attention. Minotaur is preparing for a maiden drill program to investigate The Gap EM target. Landholder meetings and NT Clearances are being arranged, with drilling anticipated in October-November.Recent Insider Transactions • Sep 04Independent Non-Executive Director recently bought AU$143k worth of stockOn the 2nd of September, Sarah Ryan bought around 6k shares on-market at roughly AU$23.86 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$799k more in shares than they bought in the last 12 months.Reported Earnings • Aug 22First half 2021 earnings released: EPS AU$0.81 (vs AU$0.25 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$986.1m (up 71% from 1H 2020). Net income: AU$268.6m (up 237% from 1H 2020). Profit margin: 27% (up from 14% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 20Oz Minerals Approves Construction of A Hoisting Shaft at the Prominent Hill Copper Gold MineOZ Minerals Board approved construction of a hoisting shaft at the Prominent Hill copper gold mine which will extend the mine life to 2036 at 6 million tonnes per annum. The shaft mine expansion also enables generational province potential with further mine life extensions possible as 67 million tonnes of resource remains outside the shaft expansion mine plan. Further, an exploration program has also identified that mineralisation remains open at depth beyond the current Mineral Resource boundary, potentially accessible via the shaft. The exploration update released on August 18, 2021 also provides further clarity on satellite orebodies closer to the surface that could potentially be mined simultaneously. The exploration potential is not contemplated in the shaft business case. The $600 million Wira shaft investment will increase annual copper production rates by 23% at a 20% lower operating cost over the current trucking life of mine estimates. Work on sinking the Wira shaft is expected to commence in the first quarter of 2022 and is scheduled for completion in 2024. The hoisting shaft provides access to Mineral Resource outside the current trucking mine plan that would have been uneconomical via a trucking operation from ~2033. Key project changes since the study update released in November 2020 include: Increase in the Ore Reserve of 13 million tonnes as a result of infill drilling done since July 2020 (38% increase). Extended mine life, now 15 years (previously 11 years). Site operating costs lowered by $14-$20 per tonne. Pre-production capital of circa $600 million (previously $450 million) due to an increase in scope to incorporate operational efficiencies and longer mine life, greater accuracy of estimates from suppliers, and inflation pressure on raw materials and labour costs. Prominent Hill mine began operation in 2009 as an open pit and is now an underground mine producing 4.5 million tonnes per annum moving to between 4.5 and 5 million tonnes per annum from 2022 via a trucking operation. Upon completion of the Wira shaft installation in 2024, the underground production rate will increase to 6 million tonnes per annum from 2025. The shaft operation is expected to commence in 2025 around the same time the stockpiled ore from the original open pit is fully depleted. The average annual copper production is expected to be circa 54,000 tonnes and 108,000 ounces of gold post 2025, some 23% more than expected in the current trucking operation. The key project metrics for the Wira shaft mine expansion, compared to the current trucking life of mine (LOM). Production Targets Cautionary Statement for Study Update: OZ Minerals advises that the Prominent Hill Expansion Study update is based upon a subset of the Prominent. Hill Mineral Resources and Ore Reserves. The Production Target of the expansion study case comprises: 27.8% Proved Ore Reserves; 37.3% Probable Ore Reserves; 1.4% Measured Mineral Resources; 3.6% Indicated Mineral Resources and 29.9% Inferred Mineral Resources. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised. OZ Minerals confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. OZ Minerals confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. The Ore Reserve and Mineral Resource estimates underpinning the production targets were prepared by a Competent Person in accordance with the JORC Code 2012.Major Estimate Revision • Jul 28Consensus EPS estimates increase to AU$1.52The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from AU$1.87b to AU$1.99b. EPS estimate increased from AU$1.30 to AU$1.52 per share. Net income forecast to grow 136% next year vs 67% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$24.42 to AU$25.04. Share price rose 12% to AU$23.12 over the past week.Price Target Changed • Jun 03Price target increased to AU$24.25Up from AU$22.50, the current price target is an average from 15 analysts. New target price is 7.7% below last closing price of AU$26.28. Stock is up 164% over the past year.お知らせ • May 21South32 Sets Sights on $3.9 Billion Assets in Spain, ChileSouth32 Limited (ASX:S32) is believed to be exploring offshore acquisitions collectively worth about $3 billion in Spain and Latin America. Thought to be on its shopping list is the operation of Trafigura Mining in Spain, Matsa, for which a sales process is understood to be about to start, and a stake in the Sierra Gorda copper mine in Chile. Meanwhile, speculation is mounting that other Australian groups such as OZ Minerals Limited (ASX:OZL) and potentially Sandfire Resources Limited (ASX:SFR) or IGO Limited (ASX:IGO) could also be lining up to take a look at the assets. While South32 declined to comment, sources say that the former BHP spin-off is set to be in the mix for the mines at least in the early stages of the sales processes as it positions itself to capitalise on the clean energy boom.Upcoming Dividend • Mar 04Upcoming Dividend of AU$0.17 Per ShareWill be paid on the 26th of March to those who are registered shareholders by the 11th of March. The trailing yield of 1.1% is below the top quartile of Australian dividend payers (5.5%), and is lower than industry peers (5.0%).お知らせ • Feb 26OZ Minerals Limited, Annual General Meeting, Apr 01, 2021OZ Minerals Limited, Annual General Meeting, Apr 01, 2021, at 11:00 AUS Eastern Standard Time. Location: 2 Hamra Drive Adelaide Airport South Australia Australia Agenda: To consider Re-election of Mr. Peter Wasow; to consider Adopt Remuneration Report (Non-Binding Resolution) ; to consider Long Term Incentive Grant of Performance Rights to Mr. Andrew Cole Short Term Incentive Grant of Performance Rights to Mr. Andrew Cole; and to consider others.Price Target Changed • Feb 22Price target raised to AU$19.91Up from AU$18.59, the current price target is an average from 15 analysts. The new target price is 12% below the current share price of AU$22.63. As of last close, the stock is up 135% over the past year.Reported Earnings • Feb 20Full year 2020 earnings released: EPS AU$0.65 (vs AU$0.51 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: AU$1.34b (up 21% from FY 2019). Net income: AU$212.6m (up 30% from FY 2019). Profit margin: 16% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 97,620 t Proved and probable reserves (ore): 548 Mt (175 Mt in FY 2019) Number of mines: 5 (2 in FY 2019) Gold Production: 257.99 troy koz Proved and probable reserves (ore): 548 Mt (175 Mt in FY 2019) Number of mines: 6 (2 in FY 2019) Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 20Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 28%, compared to a 132% growth forecast for the Metals and Mining industry in Australia.お知らせ • Feb 18+ 4 more updatesOZ Minerals Limited to Report First Half, 2021 Results on Aug 19, 2021OZ Minerals Limited announced that they will report first half, 2021 results on Aug 19, 2021お知らせ • Jan 28OZ Minerals Limited(ASX:OZL) dropped from S&P/ASX Small Ordinaries IndexOZ Minerals Limited(ASX:OZL) dropped from S&P/ASX Small Ordinaries IndexIs New 90 Day High Low • Jan 07New 90-day high: AU$20.77The company is up 43% from its price of AU$14.56 on 09 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.06 per share.Is New 90 Day High Low • Dec 21New 90-day high: AU$19.74The company is up 39% from its price of AU$14.20 on 22 September 2020. The Australian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.25 per share.Recent Insider Transactions • Dec 16Independent Non-Executive Director recently sold AU$942k worth of stockOn the 9th of December, Charles Sartain sold around 50k shares on-market at roughly AU$18.84 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$306k more than they bought in the last 12 months.Price Target Changed • Dec 13Price target raised to AU$17.16Up from AU$15.83, the current price target is an average from 14 analysts. The new target price is 8.4% below the current share price of AU$18.73. As of last close, the stock is up 67% over the past year.Valuation Update With 7 Day Price Move • Dec 07Market bids up stock over the past weekAfter last week's 18% share price gain to AU$19.29, the stock is trading at a trailing P/E ratio of 31.3x, up from the previous P/E ratio of 26.5x. This compares to an average P/E of 12x in the Metals and Mining industry in Australia. Total returns to shareholders over the past three years are 156%.お知らせ • Dec 04OZ Minerals Limited Announces Completion of Carrapateena Mine Production Ramp-UpOZ Minerals' Carrapateena mine has completed ramp-up with the mine production rate of 4.25Mtpa achieved consistently during November, despite a short COVID-19 South Australia-wide lockdown occurring in the period. Ramp up completed within 12 months; ~6 months earlier than originally planned.Is New 90 Day High Low • Nov 26New 90-day high: AU$16.13The company is up 13% from its price of AU$14.27 on 28 August 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$7.62 per share.お知らせ • Nov 16+ 3 more updatesOZ Minerals Limited Announces an Update on the Prominent Hill Expansion StudyOZ Minerals Limited announced an update on the Prominent Hill Expansion Study released on November 16, 2020 shows installation of a vertical hoisting shaft to replace truck haulage (Study Update) is technically and economically feasible. The Study Update is based on a conservative interim case (Interim Case) containing only a third of the total Prominent Hill Inferred Resource of 59 million tonnes outside the current life of mine plan. OZ Minerals will now invest $47 million to progress the study. The largest portion of the investment will be directed towards further infill drilling to potentially convert Inferred Resources to Reserves to inform a final investment decision expected in mid-2021. Over the past decade, Prominent Hill has seen a positive conversion of Inferred Mineral Resources to Indicated Mineral Resources (or better) with a conversion rate of greater than 1:1 on a contained metal basis. The Study Update confirms the installation of a 1,360 metre, 7.5 metre diameter vertical shaft at Prominent Hill is technically and economically feasible with capital investment consistent across the interim and strengthened cases. The robustness of the investment into the shaft was tested by examining the feasibility of mining the existing Ore Reserves with a production target based on approximately 6 Mtpa from 2025 comprising less than 30% Inferred Mineral Resource. The Interim Case shows that converting to a vertical shaft would lower the operational risks of mining at depth and be NPV and cashflow positive over the current truck haulage mining operation. The economics thus far support continued investment in the expansion study to undertake further infill drilling to increase mine life and inform a final investment decision. The Study Update shows a shaft haulage expansion would require capital cost of approximately $450 million (not expected to materially increase if there is conversion of Inferred Resources to Reserves to expand the scale of the Study) to be spent over four years from 2021 and potential for: improved safety and productivity as mining conditions become deeper and hotter enabling access to more of the total Inferred Mineral Resource; lower site operating costs by between $10 and $15 per tonne; seamless conversion to vertical shaft haulage from 2025; potential to extend mine life upon further conversion of Mineral Resources to Reserves consolidating Prominent Hill as a low-cost, long-life open stoping mine; improved greenhouse gas emissions intensity by progressively shifting to an electrified shaft and underground fleet; the existing processing plant to accommodate the new throughput rates without major modification; and access to exploration beyond the Resource limits to provide further growth potential.Price Target Changed • Oct 23Price target raised to AU$15.27Up from AU$14.03, the current price target is an average from 15 analysts. The new target price is close to the current share price of AU$15.81. As of last close, the stock is up 57% over the past year.Is New 90 Day High Low • Oct 19New 90-day high: AU$15.16The company is up 17% from its price of AU$12.98 on 21 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$22.68 per share.お知らせ • Oct 05+ 1 more updateOZ Minerals Limited (ASX:OZL) completed the acquisition of Cassini Resources Limited (ASX:CZI) from Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) and others.OZ Minerals Limited (ASX:OZL) entered into a binding scheme implementation deed to acquire Cassini Resources Limited (ASX:CZI) from Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) and others for AUD 67.5 million on June 21, 2020. As a part of transaction, OZ Minerals will pay one new OZ Minerals share for every 68.5 Cassini Resources Limited shares and AUD 0.01 per share in cash will be returned Cassini’s shareholders out of Cassini’s existing cash balance. OZ Minerals will also pay an additional cash payment of up to AUD 20 million in total in the event of a potential future sale of all or a portion of OZ Minerals’ interest in West Musgrave. OZ Minerals will acquire 6.1 million of unlisted options of Cassini Resources Limited to be expire on June 10, 2022, with an issue price of AUD 0.1235 at a price of AUD 0.265 million per option, 5 million out of the money options at AUD 0.0372 per option and 5 million in the money option with an issue price of AUD 0.15 at nil consideration. OZ Minerals will also acquire 2.8 million of performance rights of Cassini Resources Limited. In a related transaction, Cassini Resources Limited and Caspin have entered into a separate scheme implementation deed to demerge Yarawindah Brook and Mount Squires assets via a pro rata distribution of Caspin shares. A break fee of AUD 0.76 million is payable by Cassini in certain circumstances, including where the board of Cassini alters or modifies its recommendation to vote in favor of all resolutions required to effect the Transaction. OZ Minerals will pay a break fee of AUD 0.76 in case of termination under certain circumstances. Transaction is subject to approval being received from the shareholders of Cassini and court approvals in relation to both the acquisition scheme and the demerger scheme, each holder of Cassini Options has either exercised its Cassini Options or entered into a deed with Cassini and OZ Minerals regarding the Cassini Options held by them, all necessary regulatory approvals being obtained, the Independent Expert concluding that the scheme is in the best interest of Cassini shareholders, and not changing that conclusion. The acquisition scheme and demerger scheme will be inter-conditional and completed in conjunction with a capital reduction to effect the demerger. The Board of Cassini has unanimously recommended that, in the absence of a superior proposal and subject to the independent expert to be appointed by Cassini opining that the transaction is in the best interests of Cassini shareholders, all Cassini shareholders vote in favor of the transaction. As of August 12, 2020, court approved the convening of scheme meeting of shareholders of Cassini Resources Limited to be held on September 21, 2020. Supreme Court of Western Australia also approved the dispatch of scheme booklet. Second court hearing to be held on September 23, 2020. On September 21, 2020, the transaction is approved by shareholders of Cassini Resources Limited. Transaction is expected to close on October 5, 2020. As on September 23, 2020, the Supreme Court of Western Australia has approved the transaction. Acquisition will become legally effective upon lodgement of the Court orders with the Australian Securities and Investments Commission. It is expected that transaction will become effective on September 24, 2020. As on September 24, 2020, the acquisition scheme and the demerger scheme have become legally effective. Implementation date of the transaction and consideration will be issue on October 5, 2020. Goldman Sachs Australia Pty Ltd acted as financial advisor to OZ Minerals Limited. Gilbert and Tobin acted as legal advisor to OZ Minerals Limited. DLA Piper Australia Pty Ltd acted as legal advisor, Sternship Advisers Pty Ltd. and Infrastructure Capital Australia Partners Pty Ltd acted as financial advisors to Cassini Resources Limited. OZ Minerals Limited (ASX:OZL) completed the acquisition of Cassini Resources Limited (ASX:CZI) from Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) and others on October 2, 2020.お知らせ • Sep 19OZ Minerals Limited to Report Fiscal Year 2006 Results on Apr 02, 2007OZ Minerals Limited announced that they will report fiscal year 2006 results at 10:29 PM, GMT Standard Time on Apr 02, 2007業績と収益の成長予測ASX:OZL - アナリストの将来予測と過去の財務データ ( )AUD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20252,698584-4451,000712/31/20242,338487-472779912/31/20232,258411-577806912/31/20221,921207-294648N/A9/30/20221,970289-91768N/A6/30/20222,018371112888N/A3/31/20222,057451220930N/A12/31/20212,096531327971N/A9/30/20211,924466291914N/A6/30/20211,752401255857N/A3/31/20211,547307121704N/A12/31/20201,342213-13550N/A9/30/20201,303206-49555N/A6/30/20201,264200-85560N/A3/31/20201,185182-169535N/A12/31/20191,107164-253511N/A9/30/20191,056151-224453N/A6/30/20191,006139-196396N/A3/31/20191,061180-86423N/A12/31/20181,11722223450N/A9/30/20181,11225056427N/A6/30/20181,10827889404N/A3/31/20181,065255117373N/A12/31/20171,023231146343N/A9/30/2017947195154322N/A6/30/2017871159162302N/A3/31/2017847133181313N/A12/31/2016823108199324N/A9/30/2016855108N/A352N/A6/30/2016888108N/A381N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: OZLの予測収益成長率 (年間22.8% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: OZLの収益 ( 22.8% ) はAustralian市場 ( 11.9% ) よりも速いペースで成長すると予測されています。高成長収益: OZLの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: OZLの収益 ( 10.1% ) Australian市場 ( 6.1% ) よりも速いペースで成長すると予測されています。高い収益成長: OZLの収益 ( 10.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: OZLの 自己資本利益率 は、3年後には低くなると予測されています ( 12.5 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/05/01 14:24終値2023/04/18 00:00収益2022/12/31年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋OZ Minerals Limited 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関David CotterellBMO Capital Markets Equity ResearchJames RedfernBofA Global ResearchTimothy HoffCanaccord Genuity15 その他のアナリストを表示
Major Estimate Revision • Apr 05Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from AU$2.12b to AU$2.18b. EPS estimate increased from AU$0.997 to AU$1.10 per share. Net income forecast to grow 74% next year vs 2.2% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$27.61. Share price was steady at AU$28.11 over the past week.
Price Target Changed • Aug 01Price target decreased to AU$20.35Down from AU$22.07, the current price target is an average from 19 analysts. New target price is 7.6% above last closing price of AU$18.91. Stock is down 17% over the past year. The company is forecast to post earnings per share of AU$0.90 for next year compared to AU$1.60 last year.
Major Estimate Revision • Jul 26Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.06b to AU$2.00b. EPS estimate also fell from AU$1.06 per share to AU$0.95 per share. Net income forecast to shrink 41% next year vs 36% growth forecast for Metals and Mining industry in Australia . Consensus price target broadly unchanged at AU$21.46. Share price was steady at AU$17.19 over the past week.
Price Target Changed • Jul 19Price target decreased to AU$21.62Down from AU$23.42, the current price target is an average from 18 analysts. New target price is 28% above last closing price of AU$16.90. Stock is down 18% over the past year. The company is forecast to post earnings per share of AU$1.06 for next year compared to AU$1.60 last year.
Major Estimate Revision • Jul 13Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.15b to AU$2.09b. EPS estimate also fell from AU$1.32 per share to AU$1.18 per share. Net income forecast to shrink 28% next year vs 33% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.02 to AU$22.83. Share price fell 3.1% to AU$16.44 over the past week.
Major Estimate Revision • Jul 07Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.18b to AU$2.12b. EPS estimate also fell from AU$1.39 per share to AU$1.23 per share. Net income forecast to shrink 24% next year vs 31% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.35 to AU$23.48. Share price was steady at AU$17.35 over the past week.
Major Estimate Revision • Apr 05Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from AU$2.12b to AU$2.18b. EPS estimate increased from AU$0.997 to AU$1.10 per share. Net income forecast to grow 74% next year vs 2.2% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$27.61. Share price was steady at AU$28.11 over the past week.
Reported Earnings • Feb 22Full year 2022 earnings released: EPS: AU$0.62 (vs AU$1.60 in FY 2021)Full year 2022 results: EPS: AU$0.62 (down from AU$1.60 in FY 2021). Revenue: AU$1.92b (down 8.4% from FY 2021). Net income: AU$207.3m (down 61% from FY 2021). Profit margin: 11% (down from 25% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 21OZ Minerals Limited Announces Summary of Updated Mineral Resource & Ore Reserve StatementsOZ Minerals has released its annual Mineral Resource and Ore Reserve summary which reports changes in company Resources and Reserves over the prior year. Also released Mineral Resource and Ore Reserve Statement for Prominent Hill, Carrapateena and Pedra Branca as at 30 June 2022 and a Mineral Resource Statement for Fremantle Doctor and Pantera as at 30 June 2022 and 1 October 2022 respectively. In the past 12 months a Mineral Resource and Ore Reserve update has also been provided for West Musgrave. Prominent Hill Province: Increases in Mineral Resources since 30 June 2021 were primarily due to the inclusion of information from additional delineation and grade control drilling completed and a reduction in the cut-off grade, offset by depletion of existing surface stockpiles and ongoing mining of the underground Mineral Resource. Increases in the Ore Reserve have been reported with the inclusion of material within the Malu Deeps West and Kalaya orebodies as a result of Resource drilling partially offset by depletion through mining and stockpile processing. Underground Ore Reserve tonnes have increased by approx. 23% to 59Mt, with copper metal up approx. 5% and gold metal up approx. 12%. Ore Reserve stockpiles decreased by approx. 36% to 9Mt, with copper metal down approx. 53% and gold metal down approx. 37%. Decreases to stockpiles were attributed to stockpile processing. Carrapateena Province: The Carrapateena Mineral Resource and Ore Reserve has been updated with depletion from mining up to 30 June 2022. Decreases in the Mineral Resource and Ore Reserve were primarily due to the inclusion of data from a drilling campaign of approx. 40 kms between July 2020 and June 2022 as well as mapping and sampling information collected from underground development resulting in refined interpretation and estimation. Mineral Resource tonnes have decreased by 5% with no change to copper grade resulting in a 5% decrease in copper metal. Ore Reserve tonnes have reduced to 190Mt with copper and gold metal down approx. 13%. The Fremantle Doctor Resource Statement is an update to the Mineral Resource statement as at 12 November 2018. This update includes additional historical peripheral drillholes to influence the interpretation. The 2022 model uses a change in estimation method with the 2022 model using ordinary kriging and the 2018 model using an inverse distance weighting method. The updated Mineral Resource incorporates a change of the reasonable prospects application to report all material within the reasonable prospects shape to reflect the non-selective nature of Block Cave mining. The Fremantle Doctor Mineral Resource tonnes have decreased by approx. 4% with copper grade down 31% resulting in a approx. 33% decrease in copper tonnes. West Musgrave Province: The West Musgrave Feasibility Study, released in September 2022, was supported by an updated Ore Reserve of 270 Mt at 0.34% Cu and 0.31% Ni. The Ore Reserve tonnes have increased by approx. 7% and were due to the net result of updated operating costs based on increased processing plant throughput and updated power cost assumptions, metal payability, mining modifying factors and partially offset by economic assumptions and logistics costs. The Mineral Resource tonnes, grade and metal remained stable. Carajás Province: Decreases to the Pedra Branca Mineral Resource and Ore Reserve were primarily due to mining depletion and an increase to reporting cut-off as a result of increased project cost. The decrease in Mineral Resource has been partially offset by additional tonnes as a result of extensional drilling. The Mineral Resource tonnes have decreased by approx. 5% with copper grade stable and copper metal down approx. 6%. The Ore Reserve as at 30 June 2022 is 4Mt at 2.0% Cu and 0.5 g/t Au compared to 30 June 2021 5Mt at 2.1% Cu and 0.5 g/t Au. A maiden Mineral Resource estimate of 5.8Mt at 2.1% Cu and 0.35 g/t Au at Santa Lúcia was released in September 2021. Additional drilling has been completed and an updated Mineral Resource estimate is expected to be completed imminently.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Brazil Advisory Board of Board Member Jose Luiz Oliveira Martins was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 14OZ Minerals Limited Announces West Musgrave MHP Project Study UpdateOZ Minerals released a West Musgrave Mixed Hydroxide Precipitate (MHP) Project Study Update. The MHP Study considers the opportunity of further processing nickel concentrate from the West Musgrave copper-nickel Project in Western Australia into a high-grade nickel product via a Pressure Oxidation (POX) and precipitation process. The study confirms the technical and commercial opportunity of producing a high quality and high grade MHP product and the potential for significant value uplift to the West Musgrave Project (WMP). The value uplift includes improving road safety, reducing transport movements, costs and carbon emissions due to a 65% mass reduction of the non-valuable component of the concentrates transported to customers, a potential for improved payability for the contained metal, and its attractiveness to the battery value chain given its traceability. A decision whether to proceed to Feasibility Study phase will be made in parallel with the current West Musgrave potential strategic partner review. The MHP process plant would be constructed after the mine begins production. The West Musgrave Project commenced construction this month following final investment approval in September 2022.
お知らせ • Nov 09+ 1 more updateOZ Minerals Limited to Report Q4, 2022 Results on Jan 30, 2023OZ Minerals Limited announced that they will report Q4, 2022 results on Jan 30, 2023
Board Change • Nov 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Brazil Advisory Board of Board Member Jose Luiz Oliveira Martins was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 24OZ Minerals Limited Provides Update on Green Light for West Musgrave ProjectOZ Minerals announced final investment approval by the Board to develop its fourth operating asset, the West Musgrave copper-nickel Project (West Musgrave) in Western Australia, for direct capital investment of approximately $1.7 billion. In addition to the ~80% renewable energy sourced from wind and solar for power generation, the Project scope includes a pathway to net zero scope 1 emissions by 2038. The pathway is aligned with the potential transition to an electric haulage fleet at the first engine change out, together with exploring other initiatives to reduce diesel and the application of offsets.
お知らせ • Aug 26+ 1 more updateOZ Minerals Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on September 16, 2022OZ Minerals Limited announced dividend for the six months ended June 30, 2022 of AUD 0.08000000 per share. Ex-date is August 31, 2022. Record date is September 1,2022. Payment date is September 16, 2022.
お知らせ • Aug 09BHP Group Limited (ASX:BHP) cancelled the acquisition of OZ Minerals Limited (ASX:OZL).BHP Group Limited (ASX:BHP) made an offer to acquire OZ Minerals Limited (ASX:OZL) on August 5, 2022. The transaction is subject to the completion of extensive financial, legal, technical and operational due diligence over a proposed 6-week timeframe, various financial assumptions, a unanimous recommendation of the OZ Minerals Board entry into a scheme implementation agreement subject to a range of conditions including no material adverse change, regulatory, shareholder and court approvals and conduct of business restrictions. The Board has unanimously determined that the Indicative Proposal significantly undervalues OZ Minerals and, as such, is not in the best interests of shareholders. OZ Minerals has appointed Macquarie Capital and Greenhill & Co as financial advisers and Gilbert + Tobin as legal adviser in relation to the Indicative Proposal. BHP Group Limited (ASX:BHP) cancelled the acquisition of OZ Minerals Limited (ASX:OZL) on August 8, 2022.
Board Change • Aug 09High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improved over the past weekAfter last week's 35% share price gain to AU$25.59, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$37.48 per share.
Price Target Changed • Aug 01Price target decreased to AU$20.35Down from AU$22.07, the current price target is an average from 19 analysts. New target price is 7.6% above last closing price of AU$18.91. Stock is down 17% over the past year. The company is forecast to post earnings per share of AU$0.90 for next year compared to AU$1.60 last year.
Major Estimate Revision • Jul 26Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.06b to AU$2.00b. EPS estimate also fell from AU$1.06 per share to AU$0.95 per share. Net income forecast to shrink 41% next year vs 36% growth forecast for Metals and Mining industry in Australia . Consensus price target broadly unchanged at AU$21.46. Share price was steady at AU$17.19 over the past week.
Price Target Changed • Jul 19Price target decreased to AU$21.62Down from AU$23.42, the current price target is an average from 18 analysts. New target price is 28% above last closing price of AU$16.90. Stock is down 18% over the past year. The company is forecast to post earnings per share of AU$1.06 for next year compared to AU$1.60 last year.
Major Estimate Revision • Jul 13Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.15b to AU$2.09b. EPS estimate also fell from AU$1.32 per share to AU$1.18 per share. Net income forecast to shrink 28% next year vs 33% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.02 to AU$22.83. Share price fell 3.1% to AU$16.44 over the past week.
Major Estimate Revision • Jul 07Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.18b to AU$2.12b. EPS estimate also fell from AU$1.39 per share to AU$1.23 per share. Net income forecast to shrink 24% next year vs 31% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$24.35 to AU$23.48. Share price was steady at AU$17.35 over the past week.
Major Estimate Revision • Jun 28Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$2.25b to AU$2.20b. EPS estimate also fell from AU$1.66 per share to AU$1.44 per share. Net income forecast to shrink 11% next year vs 34% growth forecast for Metals and Mining industry in Australia . Consensus price target down from AU$25.84 to AU$24.57. Share price fell 9.8% to AU$18.66 over the past week.
お知らせ • Jun 28OZ Minerals Limited Provides Production Guidance for the Fiscal Year 2022OZ Minerals Limited provided production guidance for the fiscal year 2022. For the year, the company expects total copper production in the range of 120,000 tonnes to 135,000 tonnes and total gold production in the range of 208,000 ounces to 230,000 ounces.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to AU$19.81, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Metals and Mining industry in Australia. Total returns to shareholders of 105% over the past three years.
Board Change • Jun 05High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Brazil Advisory Board of Board Member Jose Luiz Oliveira Martins was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 24+ 2 more updatesOZ Minerals Limited to Report First Half, 2022 Results on Aug 29, 2022OZ Minerals Limited announced that they will report first half, 2022 results on Aug 29, 2022
お知らせ • Apr 12OZ Minerals Limited to Report Q1, 2022 Results on Apr 22, 2022OZ Minerals Limited announced that they will report Q1, 2022 results on Apr 22, 2022
Buying Opportunity • Mar 04Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$33.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% per annum over the last 3 years. Earnings per share has grown by 40% per annum over the last 3 years.
Major Estimate Revision • Feb 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$2.26b to AU$2.30b. EPS estimate fell from AU$1.88 to AU$1.68 per share. Net income forecast to grow 5.7% next year vs 35% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$25.35. Share price fell 4.7% to AU$24.91 over the past week.
Recent Insider Transactions • Feb 25Independent Non-Executive Chairman recently bought AU$100k worth of stockOn the 23rd of February, Rebecca McGrath bought around 4k shares on-market at roughly AU$25.08 per share. This was the largest purchase by an insider in the last 3 months. This was Rebecca's only on-market trade for the last 12 months.
お知らせ • Feb 21Oz Minerals Limited Announces Fully Franked Ordinary Fully Paid Dividend for the Six Months Ended December 31, 2021, Payable on March 11, 2022OZ Minerals Limited announced fully franked Ordinary Fully Paid dividend of AUD 0.18000000 per share for the six months ended December 31, 2021, Ex Date: Feb. 24, 2022, Record Date: Feb. 25, 2022, Payment Date: March 11, 2022.
Reported Earnings • Feb 21Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: AU$1.60 (up from AU$0.65 in FY 2020). Revenue: AU$2.10b (up 56% from FY 2020). Net income: AU$530.7m (up 150% from FY 2020). Profit margin: 25% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 9.6%, compared to a 760% growth forecast for the mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 12OZ Minerals Limited, Annual General Meeting, Apr 08, 2022OZ Minerals Limited, Annual General Meeting, Apr 08, 2022, at 10:00 AUS Central Standard Time.
Board Change • Jan 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Dec 07High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Rebecca McGrath is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Sep 15Oz Minerals Limited Announces Coherent Em Conductor Identified At Breena PlainsOZ Minerals, through the Breena Plains Alliance, is farming-in to the Breena Plains +1,200km tenement package adjacent the Eloise and Jericho joint venture tenements. Breena Plains is the subject of a recent acquisition by Minotaur1 where, at completion, full ownership will reside with Minotaur. The Alliance's funding arrangements and earn-in phases are detailed below. Minotaur's role is to conceive and develop exploration targets and manage program delivery. The Alliance has been seeking Cannington style and Eloise/Jericho style polymetallic base metals mineral systems within the broader JV project area using deep-penetrating SQUID EM geophysical techniques. A new basement interpretation geology model published by Karen Connors2 from the Sustainable Minerals interpreted D2-age thrusts (faults) transect favourable stratigraphy. Minotaur views D2-age faults as key to mineralisation at the Jericho Cu-Au deposit, 30km north, discovered by Minotaur under the Eloise JV with OZ Minerals in 2017, using systematic ground EM surveys along a favourable fault corridor. EM surveys were recently completed over the Murphy's Tank and Garnet Creek areas, targeting Eloise/Jericho Cu-Au style mineralisation. The Garnet Creek survey yielded 3 conductive anomalies. has modelled plate conductivity thickness values ranging 1,000-5,500 Siemens and depth extents in excess of 500m. conductor lies immediately adjacent and parallel to an interpreted D2 thrust cutting the interpreted Mount Norna Quartzite, the same stratigraphic unit hosting Jericho. The anomaly is covered by younger sediments, however historic drilling in the general area (none into the anomaly), indicates the cover is likely less than 30m thick. The Gap is a compelling drill target and will initially be investigated with up to 5 x 200m RC drill holes. D2 thrust position and is 3km long, generally has lower conductance than The Gap and an historical drill hole indicates the presence of graphitic basement rocks could be the source of this anomaly. Similarly at Bond, the conductance of the EM plate model is only modest and an adjacent historic drill hole intersected graphite. However, that hole reported a 2m zone containing 2.4% Zn. Both Maxwells and Bond conductors will be assessed for further attention. Minotaur is preparing for a maiden drill program to investigate The Gap EM target. Landholder meetings and NT Clearances are being arranged, with drilling anticipated in October-November.
Recent Insider Transactions • Sep 04Independent Non-Executive Director recently bought AU$143k worth of stockOn the 2nd of September, Sarah Ryan bought around 6k shares on-market at roughly AU$23.86 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$799k more in shares than they bought in the last 12 months.
Reported Earnings • Aug 22First half 2021 earnings released: EPS AU$0.81 (vs AU$0.25 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$986.1m (up 71% from 1H 2020). Net income: AU$268.6m (up 237% from 1H 2020). Profit margin: 27% (up from 14% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 20Oz Minerals Approves Construction of A Hoisting Shaft at the Prominent Hill Copper Gold MineOZ Minerals Board approved construction of a hoisting shaft at the Prominent Hill copper gold mine which will extend the mine life to 2036 at 6 million tonnes per annum. The shaft mine expansion also enables generational province potential with further mine life extensions possible as 67 million tonnes of resource remains outside the shaft expansion mine plan. Further, an exploration program has also identified that mineralisation remains open at depth beyond the current Mineral Resource boundary, potentially accessible via the shaft. The exploration update released on August 18, 2021 also provides further clarity on satellite orebodies closer to the surface that could potentially be mined simultaneously. The exploration potential is not contemplated in the shaft business case. The $600 million Wira shaft investment will increase annual copper production rates by 23% at a 20% lower operating cost over the current trucking life of mine estimates. Work on sinking the Wira shaft is expected to commence in the first quarter of 2022 and is scheduled for completion in 2024. The hoisting shaft provides access to Mineral Resource outside the current trucking mine plan that would have been uneconomical via a trucking operation from ~2033. Key project changes since the study update released in November 2020 include: Increase in the Ore Reserve of 13 million tonnes as a result of infill drilling done since July 2020 (38% increase). Extended mine life, now 15 years (previously 11 years). Site operating costs lowered by $14-$20 per tonne. Pre-production capital of circa $600 million (previously $450 million) due to an increase in scope to incorporate operational efficiencies and longer mine life, greater accuracy of estimates from suppliers, and inflation pressure on raw materials and labour costs. Prominent Hill mine began operation in 2009 as an open pit and is now an underground mine producing 4.5 million tonnes per annum moving to between 4.5 and 5 million tonnes per annum from 2022 via a trucking operation. Upon completion of the Wira shaft installation in 2024, the underground production rate will increase to 6 million tonnes per annum from 2025. The shaft operation is expected to commence in 2025 around the same time the stockpiled ore from the original open pit is fully depleted. The average annual copper production is expected to be circa 54,000 tonnes and 108,000 ounces of gold post 2025, some 23% more than expected in the current trucking operation. The key project metrics for the Wira shaft mine expansion, compared to the current trucking life of mine (LOM). Production Targets Cautionary Statement for Study Update: OZ Minerals advises that the Prominent Hill Expansion Study update is based upon a subset of the Prominent. Hill Mineral Resources and Ore Reserves. The Production Target of the expansion study case comprises: 27.8% Proved Ore Reserves; 37.3% Probable Ore Reserves; 1.4% Measured Mineral Resources; 3.6% Indicated Mineral Resources and 29.9% Inferred Mineral Resources. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised. OZ Minerals confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. OZ Minerals confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. The Ore Reserve and Mineral Resource estimates underpinning the production targets were prepared by a Competent Person in accordance with the JORC Code 2012.
Major Estimate Revision • Jul 28Consensus EPS estimates increase to AU$1.52The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from AU$1.87b to AU$1.99b. EPS estimate increased from AU$1.30 to AU$1.52 per share. Net income forecast to grow 136% next year vs 67% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$24.42 to AU$25.04. Share price rose 12% to AU$23.12 over the past week.
Price Target Changed • Jun 03Price target increased to AU$24.25Up from AU$22.50, the current price target is an average from 15 analysts. New target price is 7.7% below last closing price of AU$26.28. Stock is up 164% over the past year.
お知らせ • May 21South32 Sets Sights on $3.9 Billion Assets in Spain, ChileSouth32 Limited (ASX:S32) is believed to be exploring offshore acquisitions collectively worth about $3 billion in Spain and Latin America. Thought to be on its shopping list is the operation of Trafigura Mining in Spain, Matsa, for which a sales process is understood to be about to start, and a stake in the Sierra Gorda copper mine in Chile. Meanwhile, speculation is mounting that other Australian groups such as OZ Minerals Limited (ASX:OZL) and potentially Sandfire Resources Limited (ASX:SFR) or IGO Limited (ASX:IGO) could also be lining up to take a look at the assets. While South32 declined to comment, sources say that the former BHP spin-off is set to be in the mix for the mines at least in the early stages of the sales processes as it positions itself to capitalise on the clean energy boom.
Upcoming Dividend • Mar 04Upcoming Dividend of AU$0.17 Per ShareWill be paid on the 26th of March to those who are registered shareholders by the 11th of March. The trailing yield of 1.1% is below the top quartile of Australian dividend payers (5.5%), and is lower than industry peers (5.0%).
お知らせ • Feb 26OZ Minerals Limited, Annual General Meeting, Apr 01, 2021OZ Minerals Limited, Annual General Meeting, Apr 01, 2021, at 11:00 AUS Eastern Standard Time. Location: 2 Hamra Drive Adelaide Airport South Australia Australia Agenda: To consider Re-election of Mr. Peter Wasow; to consider Adopt Remuneration Report (Non-Binding Resolution) ; to consider Long Term Incentive Grant of Performance Rights to Mr. Andrew Cole Short Term Incentive Grant of Performance Rights to Mr. Andrew Cole; and to consider others.
Price Target Changed • Feb 22Price target raised to AU$19.91Up from AU$18.59, the current price target is an average from 15 analysts. The new target price is 12% below the current share price of AU$22.63. As of last close, the stock is up 135% over the past year.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS AU$0.65 (vs AU$0.51 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: AU$1.34b (up 21% from FY 2019). Net income: AU$212.6m (up 30% from FY 2019). Profit margin: 16% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 97,620 t Proved and probable reserves (ore): 548 Mt (175 Mt in FY 2019) Number of mines: 5 (2 in FY 2019) Gold Production: 257.99 troy koz Proved and probable reserves (ore): 548 Mt (175 Mt in FY 2019) Number of mines: 6 (2 in FY 2019) Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 28%, compared to a 132% growth forecast for the Metals and Mining industry in Australia.
お知らせ • Feb 18+ 4 more updatesOZ Minerals Limited to Report First Half, 2021 Results on Aug 19, 2021OZ Minerals Limited announced that they will report first half, 2021 results on Aug 19, 2021
お知らせ • Jan 28OZ Minerals Limited(ASX:OZL) dropped from S&P/ASX Small Ordinaries IndexOZ Minerals Limited(ASX:OZL) dropped from S&P/ASX Small Ordinaries Index
Is New 90 Day High Low • Jan 07New 90-day high: AU$20.77The company is up 43% from its price of AU$14.56 on 09 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.06 per share.
Is New 90 Day High Low • Dec 21New 90-day high: AU$19.74The company is up 39% from its price of AU$14.20 on 22 September 2020. The Australian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.25 per share.
Recent Insider Transactions • Dec 16Independent Non-Executive Director recently sold AU$942k worth of stockOn the 9th of December, Charles Sartain sold around 50k shares on-market at roughly AU$18.84 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$306k more than they bought in the last 12 months.
Price Target Changed • Dec 13Price target raised to AU$17.16Up from AU$15.83, the current price target is an average from 14 analysts. The new target price is 8.4% below the current share price of AU$18.73. As of last close, the stock is up 67% over the past year.
Valuation Update With 7 Day Price Move • Dec 07Market bids up stock over the past weekAfter last week's 18% share price gain to AU$19.29, the stock is trading at a trailing P/E ratio of 31.3x, up from the previous P/E ratio of 26.5x. This compares to an average P/E of 12x in the Metals and Mining industry in Australia. Total returns to shareholders over the past three years are 156%.
お知らせ • Dec 04OZ Minerals Limited Announces Completion of Carrapateena Mine Production Ramp-UpOZ Minerals' Carrapateena mine has completed ramp-up with the mine production rate of 4.25Mtpa achieved consistently during November, despite a short COVID-19 South Australia-wide lockdown occurring in the period. Ramp up completed within 12 months; ~6 months earlier than originally planned.
Is New 90 Day High Low • Nov 26New 90-day high: AU$16.13The company is up 13% from its price of AU$14.27 on 28 August 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$7.62 per share.
お知らせ • Nov 16+ 3 more updatesOZ Minerals Limited Announces an Update on the Prominent Hill Expansion StudyOZ Minerals Limited announced an update on the Prominent Hill Expansion Study released on November 16, 2020 shows installation of a vertical hoisting shaft to replace truck haulage (Study Update) is technically and economically feasible. The Study Update is based on a conservative interim case (Interim Case) containing only a third of the total Prominent Hill Inferred Resource of 59 million tonnes outside the current life of mine plan. OZ Minerals will now invest $47 million to progress the study. The largest portion of the investment will be directed towards further infill drilling to potentially convert Inferred Resources to Reserves to inform a final investment decision expected in mid-2021. Over the past decade, Prominent Hill has seen a positive conversion of Inferred Mineral Resources to Indicated Mineral Resources (or better) with a conversion rate of greater than 1:1 on a contained metal basis. The Study Update confirms the installation of a 1,360 metre, 7.5 metre diameter vertical shaft at Prominent Hill is technically and economically feasible with capital investment consistent across the interim and strengthened cases. The robustness of the investment into the shaft was tested by examining the feasibility of mining the existing Ore Reserves with a production target based on approximately 6 Mtpa from 2025 comprising less than 30% Inferred Mineral Resource. The Interim Case shows that converting to a vertical shaft would lower the operational risks of mining at depth and be NPV and cashflow positive over the current truck haulage mining operation. The economics thus far support continued investment in the expansion study to undertake further infill drilling to increase mine life and inform a final investment decision. The Study Update shows a shaft haulage expansion would require capital cost of approximately $450 million (not expected to materially increase if there is conversion of Inferred Resources to Reserves to expand the scale of the Study) to be spent over four years from 2021 and potential for: improved safety and productivity as mining conditions become deeper and hotter enabling access to more of the total Inferred Mineral Resource; lower site operating costs by between $10 and $15 per tonne; seamless conversion to vertical shaft haulage from 2025; potential to extend mine life upon further conversion of Mineral Resources to Reserves consolidating Prominent Hill as a low-cost, long-life open stoping mine; improved greenhouse gas emissions intensity by progressively shifting to an electrified shaft and underground fleet; the existing processing plant to accommodate the new throughput rates without major modification; and access to exploration beyond the Resource limits to provide further growth potential.
Price Target Changed • Oct 23Price target raised to AU$15.27Up from AU$14.03, the current price target is an average from 15 analysts. The new target price is close to the current share price of AU$15.81. As of last close, the stock is up 57% over the past year.
Is New 90 Day High Low • Oct 19New 90-day high: AU$15.16The company is up 17% from its price of AU$12.98 on 21 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$22.68 per share.
お知らせ • Oct 05+ 1 more updateOZ Minerals Limited (ASX:OZL) completed the acquisition of Cassini Resources Limited (ASX:CZI) from Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) and others.OZ Minerals Limited (ASX:OZL) entered into a binding scheme implementation deed to acquire Cassini Resources Limited (ASX:CZI) from Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) and others for AUD 67.5 million on June 21, 2020. As a part of transaction, OZ Minerals will pay one new OZ Minerals share for every 68.5 Cassini Resources Limited shares and AUD 0.01 per share in cash will be returned Cassini’s shareholders out of Cassini’s existing cash balance. OZ Minerals will also pay an additional cash payment of up to AUD 20 million in total in the event of a potential future sale of all or a portion of OZ Minerals’ interest in West Musgrave. OZ Minerals will acquire 6.1 million of unlisted options of Cassini Resources Limited to be expire on June 10, 2022, with an issue price of AUD 0.1235 at a price of AUD 0.265 million per option, 5 million out of the money options at AUD 0.0372 per option and 5 million in the money option with an issue price of AUD 0.15 at nil consideration. OZ Minerals will also acquire 2.8 million of performance rights of Cassini Resources Limited. In a related transaction, Cassini Resources Limited and Caspin have entered into a separate scheme implementation deed to demerge Yarawindah Brook and Mount Squires assets via a pro rata distribution of Caspin shares. A break fee of AUD 0.76 million is payable by Cassini in certain circumstances, including where the board of Cassini alters or modifies its recommendation to vote in favor of all resolutions required to effect the Transaction. OZ Minerals will pay a break fee of AUD 0.76 in case of termination under certain circumstances. Transaction is subject to approval being received from the shareholders of Cassini and court approvals in relation to both the acquisition scheme and the demerger scheme, each holder of Cassini Options has either exercised its Cassini Options or entered into a deed with Cassini and OZ Minerals regarding the Cassini Options held by them, all necessary regulatory approvals being obtained, the Independent Expert concluding that the scheme is in the best interest of Cassini shareholders, and not changing that conclusion. The acquisition scheme and demerger scheme will be inter-conditional and completed in conjunction with a capital reduction to effect the demerger. The Board of Cassini has unanimously recommended that, in the absence of a superior proposal and subject to the independent expert to be appointed by Cassini opining that the transaction is in the best interests of Cassini shareholders, all Cassini shareholders vote in favor of the transaction. As of August 12, 2020, court approved the convening of scheme meeting of shareholders of Cassini Resources Limited to be held on September 21, 2020. Supreme Court of Western Australia also approved the dispatch of scheme booklet. Second court hearing to be held on September 23, 2020. On September 21, 2020, the transaction is approved by shareholders of Cassini Resources Limited. Transaction is expected to close on October 5, 2020. As on September 23, 2020, the Supreme Court of Western Australia has approved the transaction. Acquisition will become legally effective upon lodgement of the Court orders with the Australian Securities and Investments Commission. It is expected that transaction will become effective on September 24, 2020. As on September 24, 2020, the acquisition scheme and the demerger scheme have become legally effective. Implementation date of the transaction and consideration will be issue on October 5, 2020. Goldman Sachs Australia Pty Ltd acted as financial advisor to OZ Minerals Limited. Gilbert and Tobin acted as legal advisor to OZ Minerals Limited. DLA Piper Australia Pty Ltd acted as legal advisor, Sternship Advisers Pty Ltd. and Infrastructure Capital Australia Partners Pty Ltd acted as financial advisors to Cassini Resources Limited. OZ Minerals Limited (ASX:OZL) completed the acquisition of Cassini Resources Limited (ASX:CZI) from Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) and others on October 2, 2020.
お知らせ • Sep 19OZ Minerals Limited to Report Fiscal Year 2006 Results on Apr 02, 2007OZ Minerals Limited announced that they will report fiscal year 2006 results at 10:29 PM, GMT Standard Time on Apr 02, 2007