View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsMusgrave Minerals 将来の成長Future 基準チェック /06Musgrave Mineralsの収益は年間150%で減少すると予測されていますが、年間利益は年間15.7%で増加すると予想されています。EPS は年間44.2%で増加すると予想されています。主要情報15.7%収益成長率44.21%EPS成長率Metals and Mining 収益成長18.9%収益成長率-150.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日04 Jun 2023今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Sep 29Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in FY 2022)Full year 2023 results: AU$0.004 loss per share (further deteriorated from AU$0.003 loss in FY 2022). Net loss: AU$2.38m (loss widened 51% from FY 2022). Revenue is forecast to decline by 150% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.New Risk • Sep 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Revenue is less than US$1m (AU$100k revenue, or US$64k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.9m net loss in 2 years). Shareholders have been diluted in the past year (10% increase in shares outstanding).New Risk • Sep 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Revenue is less than US$1m (AU$100k revenue, or US$64k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.9m net loss in 2 years). Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding).お知らせ • Sep 05Musgrave Minerals Limited Announces Executive ChangesMusgrave Minerals Limited announced resignations of Kelly Ross - Non-Executive Director; John Percival - Non-Executive Director; Brett Lambert - Non-Executive Director. The company welcome the following Directors and joint Company Secretary to the Board: Mark Zeptner - Non-Executive Director BEng (Hons) Mining, MAusIMM, MAICD Mr. Zeptner is a mining engineer and is the Managing Director of Ramelius Resources Ltd. He was educated at the Western Australian School of Mines in Kalgoorlie and has more than 30 years' experience including senior operational and management positions with WMC and Gold Fields Limited at their gold and nickel assets in Australia and offshore. He joined Ramelius as Chief Operating Officer in March 2012, took up the reins as Chief Executive Officer in June 2014 and was appointed Managing Director in July 2015. Tim Manners - Non-Executive Director BBus (Accounting), FCA, AGIA, MAICD. Mr. Manners is a finance professional with over 25 years' experience in accounting, corporate finance and financial management functions in the resources industry. Mr. Manners has been involved in exploration, developing and producing companies both in Australia and overseas. Mr. Manners has held the senior financial positions in companies within the precious, base and bulk commodities sectors, including Gold Road Resources Ltd, Phoenix Gold Ltd, Bathurst Resources Ltd. and Perilya Ltd. Mr. Manners joined Ramelius Resources Limited in July 2017 and is a Fellow of the Institute of Chartered Accountants in Australia and New Zealand. Alan Thom - Non-Executive Director BEng(Hons)(Mining), GDipAppFin, GradDipBus, MAusIMM, FFin, GAICD. Alan is a mining engineer with over 25 years of experience as a mining engineer, senior manager, executive and director of resource projects from concept through to bankable feasibility, development and operation. He has extensive experience as a director of resource companies on both the ASX and AIM exchanges gaining valuable experience in acquisitions, operations, business development and financing. Alan holds a Bachelor of Engineering (Hons)(Mining) from the WA School of Mines, a WA First Class Mine Mangers Certificate and additional postgraduate qualifications in Finance and Business. He is also a Member of AusIMM and a Fellow of FINSIA and is a Graduate of the AICD. Richard Jones - Joint Company Secretary LLB, FINSIA (Grad Dip), BA (Hons) Pol Sci/Econs Mr. Jones joined Ramelius in October 2018. He has more than 20 years' experience as a corporate commercial lawyer in both private and in-house capacities and across various industries. He has also served as company secretary for ASX listed and unlisted companies in the mining sector.お知らせ • Aug 31Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023, at 11:00 W. Australia Standard Time.New Risk • Aug 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Revenue is less than US$1m (AU$100k revenue, or US$65k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.9m net loss in 2 years). Shareholders have been diluted in the past year (10% increase in shares outstanding).お知らせ • Jun 06Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV)for approximately AUD 180 mullion.Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV) for approximately AUD 180 mullion on June 1, 2023. As per the transaction, Westgold Resources Limited will acquire all the shares of Musgrave Minerals Limited. Musgrave shareholders to receive 1 new fully paid Westgold ordinary share for every 5.37 Musgrave shares held. Argonaut PCF Limited acted as financial advisor and DLA Piper Australia Pty Ltd acted as legal advisor to Westgold Resources Limited. Longreach Capital Pty. Ltd. acted as financial advisor and Thomson Geer acted as legal advisor to Musgrave Minerals Limited.Reported Earnings • Mar 11First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in 1H 2022)First half 2023 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in 1H 2022). Net loss: AU$1.02m (loss widened 202% from 1H 2022). Revenue is expected to fall by 122% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.お知らせ • Feb 14Musgrave Minerals Limited Announces Amarillo and Big Sky Drilling Results Cue Gold Project in Western Australia's Murchison DistrictMusgrave Minerals Limited reported further assay results from reverse circulation ("RC") drilling across multiple prospects, on its 100% owned ground at its Cue Gold Project in Western Australia's Murchison district. These assay results are from drilling completed in December 2022 at Amarillo, Big Sky, Big Sky North and East Numbers. Additional follow-up drilling is currently being planned at these prospects. RC drilling assays for holes atWaratah and the new Break of Day North targets are expected within two weeks. Amarillo Prospect: At Amarillo, 1.2km south-west of Break of Day and 800m north of Big Sky, infill RC drilling has continued to intersect regolith gold mineralisation with new intersections including: 8m @ 4.6g/t Au from 34m (22MORC371), including: 1m @ 21.5g/t Au from 35m; 6m @ 3.4g/t Au from 48m (22MORC363), and 5m @ 3.0g/t Au from 57m (22MORC363); 4m @ 1.6g/t Au from 25m (22MORC373); 4m @ 2.2g/t Au from 29m (22MORC379); and 10m @ 2.8g/t Au from 38m (22MORC388). The results will be incorporated into the 3D resource model to determine the strike and true width of the mineralisation. These results are part of aresource definition drill program focused on delivering a maiden Mineral Resource for Amarillo in the second half of 2023. Big Sky Deposit: Further infill drilling at Big Sky, 2km south-west of Lena-Break of Day on MGV's 100% ground continues to intersect significant gold mineralisation below thin transported hardpan cover (~1-6m thick). The Cue Project hosts a total Mineral Resource Estimate of 12.3kt @ 2.3g/t Au for 927koz contained gold with 47% of this in the higher confidence Indicated Resource category. The Big Sky deposit is a subset of this resource and hosts 4.65Mt @ 1.2g/t Au for 173koz contained gold and is currently only modelled to a maximum depth of 150m where it remains open. This recent drilling (9 holes for 564m) continues to confirm and enhance the near-surface gold endowment along the Big Sky trend. Significant new RC drill hole assay results inside the current Mineral Resource Estimate boundary include; 5m @ 3.3g/t Au from 7m (22MORC395). 38m @ 1.2g/t Au from 50m (22MORC397), including: 1m @ 17.4g/t Au from 50m (22MORC397), and 8m @ 1.3g/t Au from 80m (22MORC397); 6m @ 2.9g/t Au from 18m (22MORC400) (composite sample). These intersections highlight the upside potential at Big Sky and will likely enable further resourceconversion (Inferred to Indicated) at the next resource update scheduled for second half of current year 2023. This has the capacity to further enhance the resource and future pit designs. It should be noted that there are now a significant number of drill intersections located outside the optimised pit design which is based on the May 2022 Mineral Resource. These intersections will not be included in the Stage 1 PFS scheduled for late March 2023. Big Sky North: Approximately 140m north of the Big Sky deposit RC follow-up drilling of an isolated aircore intercept intersected: 2m @ 3.3g/t Au from 34m (22MORC361). East Numbers Target: A reconnaissance RC drilling program was completed over a new target area east of the Numbersdeposit (Figure 1) where aircore drilling has identified a 1.3km long gold anomaly in Archaean regolith. First basement drilling in the area included six RC holes for 786m drilled on three 400m spaced traverse lines. Early stage basement gold intersections include: 1m @ 5.0g/t Au from 136m (22MORC390); 2m @ 2.9g/t Au from 84m (22MORC392); and 1m @ 5.7g/t Au from 121m (22MORC394). A single diamond drill hole was completed in late 2022 to better define the geological context and strike of the mineralisation. Cue Gold Project: The Cue Gold Project is located approximately 30km south of the township of Cue in the Murchison district of Western Australia. The southern area gold deposits are only 5km from the Great NorthernHighway, approximately 600km north of Perth on tenure wholly owned by Musgrave. The current Mineral Resource Estimate for the Cue Gold Project totals 12.3Mt @ 2.3g/t Au for 927koz including the Break of Day High-Grade Trend (982kt @ 10.4g/t Au for 327koz contained gold) and theMoyagee Western Trend (9.8Mt @ 1.7g/t Au for 541koz contained gold), both in the southern area of the project. The Company is working towards delivery of a Stage 1 Pre-feasibility Study (PFS) in first quarter of 2023 with focus on the technical and financial viability of the early years of the Cue Gold Project. The study will focus on the Project's current Indicated Mineral Resources whilst exploration and resource conversion drilling will continue. Ongoing Activities: Musgrave 100% tenements - RC drilling results for the Waratah and Break of Day North targets expected late-February. RC drilling of new and existing targets has recommenced with the aim of growing the current resource base. A regional aircore drilling program will commence in late February on new target areas at Cue. Works to inform the Stage 1 Pre-feasibility Study for the Cue Gold Project are continuing with final study expected late March 2023.お知らせ • Jan 24Musgrave Minerals Limited Announces Further Gold Intersections, West Island Cue JVMusgrave Minerals Ltd. reported further assay results from diamond drilling on the Cue Joint Venture with Evolution Mining Limited ("Evolution") in Western Australia's Murchison district. Diamond drilling completed by Evolution at the West Island prospect, approximately 6km north of Break of Day, continues to intersect strong gold intersections within a basement dolerite host unit. Diamond drilling continues to confirm that the geology and structure of the West Island prospect is characterised by multiple, stacked narrow high-grade intercepts within a broader lower grade envelope along the 1.6km mineralised trend. Evolution drilled a further 9 diamond holes for 4,091m on the Cue JV of which six with assays received are reported in this release. The drilling program is targeting the key mineralised gold lodes to determine the scale of the mineral system at West Island. The mineralised lodes are interpreted as a series of stacked shears and veins, with associated high-grade splays. The significant new diamond drill core intercepts at West Island and the Estimated True Width (ETW) of the intersections are as follows: o 5.5m (3.8m ETW) @ 4.16g/t Au from 349.5m (22CUDD019A) o 11.5m (8.0m ETW) @ 8.71g/t Au from 235.5m (22CUDD021), including: o 1.0m (0.9m ETW) @ 66.0g/t Au from 238m and o 7.0m (4.9m ETW) @ 5.16g/t Au from 393m (22CUDD021) o 1.0m (0.9m ETW) @ 44.5g/t Au from 87m (22CUDD022), and o 5.0m (3.5m ETW) @ 4.82g/t Au from 124m (22CUDD022), and o 12.7m (8.9m ETW) @ 3.60g/t Au from 329m (22CUDD022).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Kelly Ross was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 24Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.006 loss in FY 2021)Full year 2022 results: AU$0.003 loss per share (improved from AU$0.006 loss in FY 2021). Net loss: AU$1.58m (loss narrowed 45% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Kelly Ross was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Apr 19Insider recently bought €588k worth of stockOn the 14th of April, Ernest Albers bought around 2m shares on-market at roughly €0.24 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €2.1m more in shares than they have sold in the last 12 months.Reported Earnings • Mar 11First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.001 loss per share (up from AU$0.005 loss in 1H 2021). Net loss: AU$338.4k (loss narrowed 86% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 22% compared to a 26% growth forecast for the industry in Germany. 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 90% per year, which means it is well ahead of earnings.Recent Insider Transactions • Oct 17Independent Non-Executive Director recently sold €115k worth of stockOn the 14th of October, John Morgan Percival sold around 500k shares on-market at roughly €0.23 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.4m more than they sold in the last 12 months.Reported Earnings • Sep 22Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.002 profit in FY 2020)Full year 2021 results: Net loss: AU$2.88m (down 390% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.Recent Insider Transactions • Sep 22Insider recently bought €1.6m worth of stockOn the 15th of September, Ernest Albers bought around 7m shares on-market at roughly €0.24 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.4m more in shares than they have sold in the last 12 months.Is New 90 Day High Low • Dec 15New 90-day low: €0.21The company is down 42% from its price of €0.37 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 10.0% over the same period.Recent Insider Transactions • Nov 29Independent Non-Executive Director recently sold €63k worth of stockOn the 26th of November, John Morgan Percival sold around 270k shares on-market at roughly €0.23 per share. In the last 3 months, they made an even bigger sale worth €150k. Insiders have been net sellers, collectively disposing of €243k more than they bought in the last 12 months.Is New 90 Day High Low • Nov 19New 90-day low: €0.23The company is down 35% from its price of €0.36 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period.Is New 90 Day High Low • Nov 03New 90-day low: €0.29The company is down 33% from its price of €0.43 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 2.0% over the same period.Recent Insider Transactions • Oct 03Independent Non-Executive Director recently sold €150k worth of stockOn the 30th of September, John Morgan Percival sold around 475k shares on-market at roughly €0.32 per share. In the last 3 months, there was an even bigger sale from another insider worth €614k. Insiders have been net sellers, collectively disposing of €179k more than they bought in the last 12 months.業績と収益の成長予測DB:6MU - 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6/30/2025N/A-1-68-116/30/2024N/A-7-3-116/30/20230-2-12-1N/A3/31/20230-2-12-1N/A12/31/20220-2-13-2N/A9/30/20220-2-12-1N/A6/30/20220-2-11-1N/A3/31/20220-1-10-1N/A12/31/20211-1-9-1N/A9/30/20210-2-8-1N/A6/30/20210-3-8-1N/A3/31/20210-2-7-1N/A12/31/20200-2-50N/A9/30/202000-40N/A6/30/202001-20N/A3/31/202000-40N/A12/31/201900-50N/A9/30/20190-1-60N/A6/30/20190-1-7-1N/A3/31/20190-1-60N/A12/31/20180-1-50N/A9/30/20180-1-50N/A6/30/201800-50N/A3/31/20180-2-50N/A12/31/20170-5-50N/A9/30/20170-5-50N/A6/30/20170-5-4-1N/A3/31/20170-6N/A0N/A12/31/20160-7N/A0N/A9/30/20160-6N/A0N/A6/30/20160-6N/A0N/A3/31/20160-6N/A0N/A12/31/20150-6N/A0N/A9/30/20150-7N/A0N/A6/30/20150-8N/A0N/A3/31/20150-5N/A0N/A12/31/20140-3N/A-1N/A9/30/20140-4N/A-1N/A6/30/20140-5N/A0N/A3/31/20140-5N/A0N/A12/31/20130-5N/A0N/A9/30/20130-3N/A0N/A6/30/20130-1N/A0N/A3/31/20130-1N/A0N/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: 6MU今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 6MU今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: 6MU今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 6MU来年は収益がないと予測されています。高い収益成長: 6MU来年は収益がないと予測されています。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: 6MUの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘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2023/10/04 14:31終値2023/09/26 00:00収益2023/06/30年間収益2023/06/30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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Musgrave Minerals Limited 1 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。1 アナリスト機関Paul HowardCanaccord Genuity
Reported Earnings • Sep 29Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in FY 2022)Full year 2023 results: AU$0.004 loss per share (further deteriorated from AU$0.003 loss in FY 2022). Net loss: AU$2.38m (loss widened 51% from FY 2022). Revenue is forecast to decline by 150% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
New Risk • Sep 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Revenue is less than US$1m (AU$100k revenue, or US$64k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.9m net loss in 2 years). Shareholders have been diluted in the past year (10% increase in shares outstanding).
New Risk • Sep 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Revenue is less than US$1m (AU$100k revenue, or US$64k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.9m net loss in 2 years). Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding).
お知らせ • Sep 05Musgrave Minerals Limited Announces Executive ChangesMusgrave Minerals Limited announced resignations of Kelly Ross - Non-Executive Director; John Percival - Non-Executive Director; Brett Lambert - Non-Executive Director. The company welcome the following Directors and joint Company Secretary to the Board: Mark Zeptner - Non-Executive Director BEng (Hons) Mining, MAusIMM, MAICD Mr. Zeptner is a mining engineer and is the Managing Director of Ramelius Resources Ltd. He was educated at the Western Australian School of Mines in Kalgoorlie and has more than 30 years' experience including senior operational and management positions with WMC and Gold Fields Limited at their gold and nickel assets in Australia and offshore. He joined Ramelius as Chief Operating Officer in March 2012, took up the reins as Chief Executive Officer in June 2014 and was appointed Managing Director in July 2015. Tim Manners - Non-Executive Director BBus (Accounting), FCA, AGIA, MAICD. Mr. Manners is a finance professional with over 25 years' experience in accounting, corporate finance and financial management functions in the resources industry. Mr. Manners has been involved in exploration, developing and producing companies both in Australia and overseas. Mr. Manners has held the senior financial positions in companies within the precious, base and bulk commodities sectors, including Gold Road Resources Ltd, Phoenix Gold Ltd, Bathurst Resources Ltd. and Perilya Ltd. Mr. Manners joined Ramelius Resources Limited in July 2017 and is a Fellow of the Institute of Chartered Accountants in Australia and New Zealand. Alan Thom - Non-Executive Director BEng(Hons)(Mining), GDipAppFin, GradDipBus, MAusIMM, FFin, GAICD. Alan is a mining engineer with over 25 years of experience as a mining engineer, senior manager, executive and director of resource projects from concept through to bankable feasibility, development and operation. He has extensive experience as a director of resource companies on both the ASX and AIM exchanges gaining valuable experience in acquisitions, operations, business development and financing. Alan holds a Bachelor of Engineering (Hons)(Mining) from the WA School of Mines, a WA First Class Mine Mangers Certificate and additional postgraduate qualifications in Finance and Business. He is also a Member of AusIMM and a Fellow of FINSIA and is a Graduate of the AICD. Richard Jones - Joint Company Secretary LLB, FINSIA (Grad Dip), BA (Hons) Pol Sci/Econs Mr. Jones joined Ramelius in October 2018. He has more than 20 years' experience as a corporate commercial lawyer in both private and in-house capacities and across various industries. He has also served as company secretary for ASX listed and unlisted companies in the mining sector.
お知らせ • Aug 31Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023, at 11:00 W. Australia Standard Time.
New Risk • Aug 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Revenue is less than US$1m (AU$100k revenue, or US$65k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.9m net loss in 2 years). Shareholders have been diluted in the past year (10% increase in shares outstanding).
お知らせ • Jun 06Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV)for approximately AUD 180 mullion.Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV) for approximately AUD 180 mullion on June 1, 2023. As per the transaction, Westgold Resources Limited will acquire all the shares of Musgrave Minerals Limited. Musgrave shareholders to receive 1 new fully paid Westgold ordinary share for every 5.37 Musgrave shares held. Argonaut PCF Limited acted as financial advisor and DLA Piper Australia Pty Ltd acted as legal advisor to Westgold Resources Limited. Longreach Capital Pty. Ltd. acted as financial advisor and Thomson Geer acted as legal advisor to Musgrave Minerals Limited.
Reported Earnings • Mar 11First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in 1H 2022)First half 2023 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in 1H 2022). Net loss: AU$1.02m (loss widened 202% from 1H 2022). Revenue is expected to fall by 122% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
お知らせ • Feb 14Musgrave Minerals Limited Announces Amarillo and Big Sky Drilling Results Cue Gold Project in Western Australia's Murchison DistrictMusgrave Minerals Limited reported further assay results from reverse circulation ("RC") drilling across multiple prospects, on its 100% owned ground at its Cue Gold Project in Western Australia's Murchison district. These assay results are from drilling completed in December 2022 at Amarillo, Big Sky, Big Sky North and East Numbers. Additional follow-up drilling is currently being planned at these prospects. RC drilling assays for holes atWaratah and the new Break of Day North targets are expected within two weeks. Amarillo Prospect: At Amarillo, 1.2km south-west of Break of Day and 800m north of Big Sky, infill RC drilling has continued to intersect regolith gold mineralisation with new intersections including: 8m @ 4.6g/t Au from 34m (22MORC371), including: 1m @ 21.5g/t Au from 35m; 6m @ 3.4g/t Au from 48m (22MORC363), and 5m @ 3.0g/t Au from 57m (22MORC363); 4m @ 1.6g/t Au from 25m (22MORC373); 4m @ 2.2g/t Au from 29m (22MORC379); and 10m @ 2.8g/t Au from 38m (22MORC388). The results will be incorporated into the 3D resource model to determine the strike and true width of the mineralisation. These results are part of aresource definition drill program focused on delivering a maiden Mineral Resource for Amarillo in the second half of 2023. Big Sky Deposit: Further infill drilling at Big Sky, 2km south-west of Lena-Break of Day on MGV's 100% ground continues to intersect significant gold mineralisation below thin transported hardpan cover (~1-6m thick). The Cue Project hosts a total Mineral Resource Estimate of 12.3kt @ 2.3g/t Au for 927koz contained gold with 47% of this in the higher confidence Indicated Resource category. The Big Sky deposit is a subset of this resource and hosts 4.65Mt @ 1.2g/t Au for 173koz contained gold and is currently only modelled to a maximum depth of 150m where it remains open. This recent drilling (9 holes for 564m) continues to confirm and enhance the near-surface gold endowment along the Big Sky trend. Significant new RC drill hole assay results inside the current Mineral Resource Estimate boundary include; 5m @ 3.3g/t Au from 7m (22MORC395). 38m @ 1.2g/t Au from 50m (22MORC397), including: 1m @ 17.4g/t Au from 50m (22MORC397), and 8m @ 1.3g/t Au from 80m (22MORC397); 6m @ 2.9g/t Au from 18m (22MORC400) (composite sample). These intersections highlight the upside potential at Big Sky and will likely enable further resourceconversion (Inferred to Indicated) at the next resource update scheduled for second half of current year 2023. This has the capacity to further enhance the resource and future pit designs. It should be noted that there are now a significant number of drill intersections located outside the optimised pit design which is based on the May 2022 Mineral Resource. These intersections will not be included in the Stage 1 PFS scheduled for late March 2023. Big Sky North: Approximately 140m north of the Big Sky deposit RC follow-up drilling of an isolated aircore intercept intersected: 2m @ 3.3g/t Au from 34m (22MORC361). East Numbers Target: A reconnaissance RC drilling program was completed over a new target area east of the Numbersdeposit (Figure 1) where aircore drilling has identified a 1.3km long gold anomaly in Archaean regolith. First basement drilling in the area included six RC holes for 786m drilled on three 400m spaced traverse lines. Early stage basement gold intersections include: 1m @ 5.0g/t Au from 136m (22MORC390); 2m @ 2.9g/t Au from 84m (22MORC392); and 1m @ 5.7g/t Au from 121m (22MORC394). A single diamond drill hole was completed in late 2022 to better define the geological context and strike of the mineralisation. Cue Gold Project: The Cue Gold Project is located approximately 30km south of the township of Cue in the Murchison district of Western Australia. The southern area gold deposits are only 5km from the Great NorthernHighway, approximately 600km north of Perth on tenure wholly owned by Musgrave. The current Mineral Resource Estimate for the Cue Gold Project totals 12.3Mt @ 2.3g/t Au for 927koz including the Break of Day High-Grade Trend (982kt @ 10.4g/t Au for 327koz contained gold) and theMoyagee Western Trend (9.8Mt @ 1.7g/t Au for 541koz contained gold), both in the southern area of the project. The Company is working towards delivery of a Stage 1 Pre-feasibility Study (PFS) in first quarter of 2023 with focus on the technical and financial viability of the early years of the Cue Gold Project. The study will focus on the Project's current Indicated Mineral Resources whilst exploration and resource conversion drilling will continue. Ongoing Activities: Musgrave 100% tenements - RC drilling results for the Waratah and Break of Day North targets expected late-February. RC drilling of new and existing targets has recommenced with the aim of growing the current resource base. A regional aircore drilling program will commence in late February on new target areas at Cue. Works to inform the Stage 1 Pre-feasibility Study for the Cue Gold Project are continuing with final study expected late March 2023.
お知らせ • Jan 24Musgrave Minerals Limited Announces Further Gold Intersections, West Island Cue JVMusgrave Minerals Ltd. reported further assay results from diamond drilling on the Cue Joint Venture with Evolution Mining Limited ("Evolution") in Western Australia's Murchison district. Diamond drilling completed by Evolution at the West Island prospect, approximately 6km north of Break of Day, continues to intersect strong gold intersections within a basement dolerite host unit. Diamond drilling continues to confirm that the geology and structure of the West Island prospect is characterised by multiple, stacked narrow high-grade intercepts within a broader lower grade envelope along the 1.6km mineralised trend. Evolution drilled a further 9 diamond holes for 4,091m on the Cue JV of which six with assays received are reported in this release. The drilling program is targeting the key mineralised gold lodes to determine the scale of the mineral system at West Island. The mineralised lodes are interpreted as a series of stacked shears and veins, with associated high-grade splays. The significant new diamond drill core intercepts at West Island and the Estimated True Width (ETW) of the intersections are as follows: o 5.5m (3.8m ETW) @ 4.16g/t Au from 349.5m (22CUDD019A) o 11.5m (8.0m ETW) @ 8.71g/t Au from 235.5m (22CUDD021), including: o 1.0m (0.9m ETW) @ 66.0g/t Au from 238m and o 7.0m (4.9m ETW) @ 5.16g/t Au from 393m (22CUDD021) o 1.0m (0.9m ETW) @ 44.5g/t Au from 87m (22CUDD022), and o 5.0m (3.5m ETW) @ 4.82g/t Au from 124m (22CUDD022), and o 12.7m (8.9m ETW) @ 3.60g/t Au from 329m (22CUDD022).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Kelly Ross was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 24Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.006 loss in FY 2021)Full year 2022 results: AU$0.003 loss per share (improved from AU$0.006 loss in FY 2021). Net loss: AU$1.58m (loss narrowed 45% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Kelly Ross was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Apr 19Insider recently bought €588k worth of stockOn the 14th of April, Ernest Albers bought around 2m shares on-market at roughly €0.24 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €2.1m more in shares than they have sold in the last 12 months.
Reported Earnings • Mar 11First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.001 loss per share (up from AU$0.005 loss in 1H 2021). Net loss: AU$338.4k (loss narrowed 86% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 22% compared to a 26% growth forecast for the industry in Germany. 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 90% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Oct 17Independent Non-Executive Director recently sold €115k worth of stockOn the 14th of October, John Morgan Percival sold around 500k shares on-market at roughly €0.23 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.4m more than they sold in the last 12 months.
Reported Earnings • Sep 22Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.002 profit in FY 2020)Full year 2021 results: Net loss: AU$2.88m (down 390% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Sep 22Insider recently bought €1.6m worth of stockOn the 15th of September, Ernest Albers bought around 7m shares on-market at roughly €0.24 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.4m more in shares than they have sold in the last 12 months.
Is New 90 Day High Low • Dec 15New 90-day low: €0.21The company is down 42% from its price of €0.37 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 10.0% over the same period.
Recent Insider Transactions • Nov 29Independent Non-Executive Director recently sold €63k worth of stockOn the 26th of November, John Morgan Percival sold around 270k shares on-market at roughly €0.23 per share. In the last 3 months, they made an even bigger sale worth €150k. Insiders have been net sellers, collectively disposing of €243k more than they bought in the last 12 months.
Is New 90 Day High Low • Nov 19New 90-day low: €0.23The company is down 35% from its price of €0.36 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Nov 03New 90-day low: €0.29The company is down 33% from its price of €0.43 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 2.0% over the same period.
Recent Insider Transactions • Oct 03Independent Non-Executive Director recently sold €150k worth of stockOn the 30th of September, John Morgan Percival sold around 475k shares on-market at roughly €0.32 per share. In the last 3 months, there was an even bigger sale from another insider worth €614k. Insiders have been net sellers, collectively disposing of €179k more than they bought in the last 12 months.