View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsMincor Resources 배당 및 자사주 매입배당 기준 점검 0/6Mincor Resources 배당금을 지급한 기록이 없습니다.핵심 정보0%배당 수익률-7.4%자사주 매입 수익률총 주주 수익률-7.4%미래 배당 수익률0%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • Jul 15Less 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 Peter Bewick was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jul 06+ 1 more updateMincor Resources NL Announces Board ChangesMincor Resources NL advised that further to the announcement on 5 July 2023, confirming that at close of the on-market takeover offer by Wyloo Consolidated Investments Pty Ltd. (Wyloo), Wyloo holds an interest and voting power in 92.71% of Mincor. Wyloo are proceeding to compulsory acquisition of the remaining Mincor shares under the compulsory acquisition provisions of the Corporations Act 2001 (Cth). In light of the effective change of control, Messrs John Hartman and Luca Giacovazzi have been appointed directors of the Company effective 6 July 2023, replacing Messrs Brett Lambert and Michael Bohm who have each resigned effective 6 July 2023.Recent Insider Transactions • May 02Insider recently sold AU$1.2m worth of stockOn the 26th of April, Michael Bohm sold around 860k shares on-market at roughly AU$1.40 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$1.8m more than they bought in the last 12 months.Breakeven Date Change • Apr 01Forecast breakeven date pushed back to 2024The 5 analysts covering Mincor Resources previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 30% to 2023. The company is expected to make a profit of AU$108.2m in 2024. Average annual earnings growth of 32% is required to achieve expected profit on schedule.Breakeven Date Change • Mar 21Forecast to breakeven in 2023The 6 analysts covering Mincor Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$32.2m in 2023. Earnings growth of 15% is required to achieve expected profit on schedule.Reported Earnings • Feb 24First half 2023 earnings released: AU$0.11 loss per share (vs AU$0.03 loss in 1H 2022)First half 2023 results: AU$0.11 loss per share (further deteriorated from AU$0.03 loss in 1H 2022). Revenue: AU$19.5m (up AU$19.5m from 1H 2022). Net loss: AU$54.7m (loss widened 295% from 1H 2022). Revenue is forecast to grow 16% 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 fallen by 17% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.공시 • Jan 19Mincor Resources NL Announces Outstanding new high-grade intercepts at Northern OperationsMincor Resources NL reported further significant assay results from underground drilling targeting extensions of the Durkin North and LN04a orebodies within the highly prospective exploration zone at the Company's Long and Durkin North Operations at Kambalda in Western Australia. Modelling and interpretation of this new geological data has led to the interpretation of a considerably broader Long-Durkin North mineralised channel. The latest interpretation suggests that Long, LN04a and Durkin North orebodies all form part of the same, broad mineralised channel, which may have a strike extent of greater than 2.5km. The high-grade massive sulphide intersections observed within this channel resemble the typical Kambalda-type ore surfaces currently being mined at Mincor's Northern Operations. This recently defined mineralised channel is believed to represent a significant exploration opportunity for the Company and further systematic step-out drilling is planned over the current financial year to determine the potential for economic mineralisation, as well as further potential strike extensions of the Durkin North orebodies. New drilling points to a broader Long-Durkin North mineralised channel: The latest drill results indicate extensions of the Durkin North orebodies with mineralised surfaces continuing beyond the existing resources and remaining open both along strike and down-dip. In particular, the significant high-grade intercepts at Durkin North highlight the potential for strike and down-dip extensions to the west, previously untested. The Company is excited about the implications of the recently defined Long-Durkin North mineralised channel and the potential to delineate further high-grade mineralisation within areas where there has been no systematic drill testing. A significant underground drilling program will continue at the Northern Operations over the remainder of FY2023 with the focus on step-out and in-fill drilling within the recently defined Long-Durkin North mineralised channel and further grade control drilling. LN04a: The latest round of drilling has provided additional confidence in the up-dip continuity of the LN04a orebody, with multiple high-grade intercepts returned outside of the current Mineral Resource. These results further reinforce the potential of LN04a to extend beyond the original interpretation, with mineralisation remaining open along strike and, notably, up-dip. Highlights of the recent up-dip diamond drilling intercepts include: ULG-22-130 - 1.5m @ 11.8% Ni; ULG-22-120 - 5.8m @ 3.7% Ni; and ULG-22-134 - 1.4m @ 3.7% Ni. Maiden underground drill program at Cassini Mine: The Company recently announced that it had secured a third underground diamond drill rig to accelerate exploration activities at Cassini. Originally planned for later in CY2023, the arrival of an additional rig has substantially accelerated the early exploration programs at Cassini and represents the first underground exploration work to be undertaken at this new mine since development of the operation began. The new rig has commenced underground drilling at Cassini. Drilling will initially take place from existing stockpile in the main Woodall Decline, with early programs targeting the highly prospective Cassini North channel (Figure 5). Similar to the Northern Operations, the potential for resource extensions at Cassini is enhanced by the proximity to existing high-quality underground infrastructure, with Cassini offering opportunities to introduce additional near-term ore sources and materially extend mine life. Cassini North Initial Target: Cassini North is a U-shaped ultramafic channel located sub-parallel to the Cassini orebody. Mincor previously tested the uppermost portion of the interpreted channel from surface in 2020, resulting in multiple >1% Ni intersections. While the Cassini North channel is modelled to extend down-plunge, sub-parallel to the Cassini orebody, there has so far been no drill testing of the channel below approximately 550m from surface. Underground development at Cassini now provides excellent drill platforms to undertake systematic drill testing of the down-plunge extents of the Cassini North channel. Initial drilling is aimed at better defining Cassini North channel architecture and further resource development at Cassini. Hartley Prospect: Geological interpretation and modelling of the geophysical data at the Hartley prospect is ongoing. The main objective of this work is to develop a robust geological model and enable detailed understanding of the channel architecture, both of which, once completed, will be used to guide further exploration drilling. A moving loop electromagnetic (MLEM) program has been extended and now covers the broader prospect area. The MLEM program is expected to be competed in March 2023.공시 • Jan 05Mincor Resources NL has completed a Follow-on Equity Offering in the amount of AUD 8.747117 million.Mincor Resources NL has completed a Follow-on Equity Offering in the amount of AUD 8.747117 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,292,890 Price\Range: AUD 1.39Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.031 loss per share (vs AU$0.031 loss in FY 2021)Full year 2022 results: AU$0.031 loss per share (vs AU$0.031 loss in FY 2021). Revenue: AU$32.4m (up AU$32.3m from FY 2021). Net loss: AU$14.7m (loss widened 9.5% from FY 2021). Over the next year, revenue is forecast to grow 492%, compared to a 87,092% growth forecast for the Metals and Mining industry in Australia. 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 51% per year, which means it is tracking significantly ahead of earnings growth.Breakeven Date Change • Apr 27Forecast breakeven date moved forward to 2022The 4 analysts covering Mincor Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$21.7m in 2022. Earnings growth of 47% is required to achieve expected profit on schedule.Breakeven Date Change • Mar 10Forecast breakeven date pushed back to 2023The 3 analysts covering Mincor Resources previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 5.4% to 2022. The company is expected to make a profit of AU$85.3m in 2023. Average annual earnings growth of 99% is required to achieve expected profit on schedule.Buying Opportunity • Mar 05Now 20% undervaluedOver the last 90 days, the stock is up 86%. The fair value is estimated to be AU$2.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 76% per annum over the last 3 years. Earnings per share has grown by 9.7% per annum over the last 3 years.Recent Insider Transactions • Mar 04Independent Non-Executive Director recently sold AU$444k worth of stockOn the 2nd of March, Michael Bohm sold around 220k shares on-market at roughly AU$2.02 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 3 analysts covering Mincor Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$20.7m in 2022. Earnings growth of 48% is required to achieve expected profit on schedule.Reported Earnings • Sep 03Full year 2021 earnings released: AU$0.031 loss per share (vs AU$0.044 loss in FY 2020)Full year 2021 results: Net loss: AU$13.4m (loss narrowed 6.0% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Mar 05New 90-day low: AU$0.97The company is down 4.0% from its price of AU$1.02 on 04 December 2020. The Australian 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 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$15.21 per share.Reported Earnings • Feb 13First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.024 loss in 1H 2020)First half 2021 results: Net loss: AU$5.75m (loss narrowed 18% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 04New 90-day high: AU$1.18The company is up 35% from its price of AU$0.88 on 07 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$10.70 per share.Is New 90 Day High Low • Dec 08New 90-day high: AU$1.07The company is up 19% from its price of AU$0.90 on 09 September 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.94 per share.Is New 90 Day High Low • Nov 19New 90-day high: AU$1.02The company is up 38% from its price of AU$0.74 on 21 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$10.01 per share.Is New 90 Day High Low • Oct 23New 90-day high: AU$1.00The company is up 32% from its price of AU$0.76 on 24 July 2020. The Australian market is up 4.0% 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$9.89 per share.Recent Insider Transactions • Sep 25Independent Non-Executive Director recently bought AU$358k worth of stockOn the 22nd of September, Michael Bohm bought around 400k shares on-market at roughly AU$0.90 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$371k more in shares than they have sold in the last 12 months.Is New 90 Day High Low • Sep 18New 90-day high: AU$0.94The company is up 18% from its price of AU$0.79 on 19 June 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$10.02 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 MCR 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: MCR 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Mincor Resources 배당 수익률 vs 시장MCR의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (MCR)0%시장 하위 25% (AU)2.8%시장 상위 25% (AU)6.9%업계 평균 (Metals and Mining)3.2%분석가 예측 (MCR) (최대 3년)0%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 MCR 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 MCR 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: MCR Australian 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: MCR 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YAU 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/07/27 12:24종가2023/07/20 00:00수익2022/12/31연간 수익2022/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Mincor Resources NL는 9명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard KnightsBarrenjoey Markets Pty LimitedBradley WatsonBell PotterDylan KellyCLSA6명의 분석가 더 보기
Board Change • Jul 15Less 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 Peter Bewick was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jul 06+ 1 more updateMincor Resources NL Announces Board ChangesMincor Resources NL advised that further to the announcement on 5 July 2023, confirming that at close of the on-market takeover offer by Wyloo Consolidated Investments Pty Ltd. (Wyloo), Wyloo holds an interest and voting power in 92.71% of Mincor. Wyloo are proceeding to compulsory acquisition of the remaining Mincor shares under the compulsory acquisition provisions of the Corporations Act 2001 (Cth). In light of the effective change of control, Messrs John Hartman and Luca Giacovazzi have been appointed directors of the Company effective 6 July 2023, replacing Messrs Brett Lambert and Michael Bohm who have each resigned effective 6 July 2023.
Recent Insider Transactions • May 02Insider recently sold AU$1.2m worth of stockOn the 26th of April, Michael Bohm sold around 860k shares on-market at roughly AU$1.40 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$1.8m more than they bought in the last 12 months.
Breakeven Date Change • Apr 01Forecast breakeven date pushed back to 2024The 5 analysts covering Mincor Resources previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 30% to 2023. The company is expected to make a profit of AU$108.2m in 2024. Average annual earnings growth of 32% is required to achieve expected profit on schedule.
Breakeven Date Change • Mar 21Forecast to breakeven in 2023The 6 analysts covering Mincor Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$32.2m in 2023. Earnings growth of 15% is required to achieve expected profit on schedule.
Reported Earnings • Feb 24First half 2023 earnings released: AU$0.11 loss per share (vs AU$0.03 loss in 1H 2022)First half 2023 results: AU$0.11 loss per share (further deteriorated from AU$0.03 loss in 1H 2022). Revenue: AU$19.5m (up AU$19.5m from 1H 2022). Net loss: AU$54.7m (loss widened 295% from 1H 2022). Revenue is forecast to grow 16% 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 fallen by 17% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
공시 • Jan 19Mincor Resources NL Announces Outstanding new high-grade intercepts at Northern OperationsMincor Resources NL reported further significant assay results from underground drilling targeting extensions of the Durkin North and LN04a orebodies within the highly prospective exploration zone at the Company's Long and Durkin North Operations at Kambalda in Western Australia. Modelling and interpretation of this new geological data has led to the interpretation of a considerably broader Long-Durkin North mineralised channel. The latest interpretation suggests that Long, LN04a and Durkin North orebodies all form part of the same, broad mineralised channel, which may have a strike extent of greater than 2.5km. The high-grade massive sulphide intersections observed within this channel resemble the typical Kambalda-type ore surfaces currently being mined at Mincor's Northern Operations. This recently defined mineralised channel is believed to represent a significant exploration opportunity for the Company and further systematic step-out drilling is planned over the current financial year to determine the potential for economic mineralisation, as well as further potential strike extensions of the Durkin North orebodies. New drilling points to a broader Long-Durkin North mineralised channel: The latest drill results indicate extensions of the Durkin North orebodies with mineralised surfaces continuing beyond the existing resources and remaining open both along strike and down-dip. In particular, the significant high-grade intercepts at Durkin North highlight the potential for strike and down-dip extensions to the west, previously untested. The Company is excited about the implications of the recently defined Long-Durkin North mineralised channel and the potential to delineate further high-grade mineralisation within areas where there has been no systematic drill testing. A significant underground drilling program will continue at the Northern Operations over the remainder of FY2023 with the focus on step-out and in-fill drilling within the recently defined Long-Durkin North mineralised channel and further grade control drilling. LN04a: The latest round of drilling has provided additional confidence in the up-dip continuity of the LN04a orebody, with multiple high-grade intercepts returned outside of the current Mineral Resource. These results further reinforce the potential of LN04a to extend beyond the original interpretation, with mineralisation remaining open along strike and, notably, up-dip. Highlights of the recent up-dip diamond drilling intercepts include: ULG-22-130 - 1.5m @ 11.8% Ni; ULG-22-120 - 5.8m @ 3.7% Ni; and ULG-22-134 - 1.4m @ 3.7% Ni. Maiden underground drill program at Cassini Mine: The Company recently announced that it had secured a third underground diamond drill rig to accelerate exploration activities at Cassini. Originally planned for later in CY2023, the arrival of an additional rig has substantially accelerated the early exploration programs at Cassini and represents the first underground exploration work to be undertaken at this new mine since development of the operation began. The new rig has commenced underground drilling at Cassini. Drilling will initially take place from existing stockpile in the main Woodall Decline, with early programs targeting the highly prospective Cassini North channel (Figure 5). Similar to the Northern Operations, the potential for resource extensions at Cassini is enhanced by the proximity to existing high-quality underground infrastructure, with Cassini offering opportunities to introduce additional near-term ore sources and materially extend mine life. Cassini North Initial Target: Cassini North is a U-shaped ultramafic channel located sub-parallel to the Cassini orebody. Mincor previously tested the uppermost portion of the interpreted channel from surface in 2020, resulting in multiple >1% Ni intersections. While the Cassini North channel is modelled to extend down-plunge, sub-parallel to the Cassini orebody, there has so far been no drill testing of the channel below approximately 550m from surface. Underground development at Cassini now provides excellent drill platforms to undertake systematic drill testing of the down-plunge extents of the Cassini North channel. Initial drilling is aimed at better defining Cassini North channel architecture and further resource development at Cassini. Hartley Prospect: Geological interpretation and modelling of the geophysical data at the Hartley prospect is ongoing. The main objective of this work is to develop a robust geological model and enable detailed understanding of the channel architecture, both of which, once completed, will be used to guide further exploration drilling. A moving loop electromagnetic (MLEM) program has been extended and now covers the broader prospect area. The MLEM program is expected to be competed in March 2023.
공시 • Jan 05Mincor Resources NL has completed a Follow-on Equity Offering in the amount of AUD 8.747117 million.Mincor Resources NL has completed a Follow-on Equity Offering in the amount of AUD 8.747117 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,292,890 Price\Range: AUD 1.39
Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.031 loss per share (vs AU$0.031 loss in FY 2021)Full year 2022 results: AU$0.031 loss per share (vs AU$0.031 loss in FY 2021). Revenue: AU$32.4m (up AU$32.3m from FY 2021). Net loss: AU$14.7m (loss widened 9.5% from FY 2021). Over the next year, revenue is forecast to grow 492%, compared to a 87,092% growth forecast for the Metals and Mining industry in Australia. 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 51% per year, which means it is tracking significantly ahead of earnings growth.
Breakeven Date Change • Apr 27Forecast breakeven date moved forward to 2022The 4 analysts covering Mincor Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$21.7m in 2022. Earnings growth of 47% is required to achieve expected profit on schedule.
Breakeven Date Change • Mar 10Forecast breakeven date pushed back to 2023The 3 analysts covering Mincor Resources previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 5.4% to 2022. The company is expected to make a profit of AU$85.3m in 2023. Average annual earnings growth of 99% is required to achieve expected profit on schedule.
Buying Opportunity • Mar 05Now 20% undervaluedOver the last 90 days, the stock is up 86%. The fair value is estimated to be AU$2.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 76% per annum over the last 3 years. Earnings per share has grown by 9.7% per annum over the last 3 years.
Recent Insider Transactions • Mar 04Independent Non-Executive Director recently sold AU$444k worth of stockOn the 2nd of March, Michael Bohm sold around 220k shares on-market at roughly AU$2.02 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 3 analysts covering Mincor Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$20.7m in 2022. Earnings growth of 48% is required to achieve expected profit on schedule.
Reported Earnings • Sep 03Full year 2021 earnings released: AU$0.031 loss per share (vs AU$0.044 loss in FY 2020)Full year 2021 results: Net loss: AU$13.4m (loss narrowed 6.0% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Mar 05New 90-day low: AU$0.97The company is down 4.0% from its price of AU$1.02 on 04 December 2020. The Australian 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 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$15.21 per share.
Reported Earnings • Feb 13First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.024 loss in 1H 2020)First half 2021 results: Net loss: AU$5.75m (loss narrowed 18% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 04New 90-day high: AU$1.18The company is up 35% from its price of AU$0.88 on 07 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$10.70 per share.
Is New 90 Day High Low • Dec 08New 90-day high: AU$1.07The company is up 19% from its price of AU$0.90 on 09 September 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.94 per share.
Is New 90 Day High Low • Nov 19New 90-day high: AU$1.02The company is up 38% from its price of AU$0.74 on 21 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$10.01 per share.
Is New 90 Day High Low • Oct 23New 90-day high: AU$1.00The company is up 32% from its price of AU$0.76 on 24 July 2020. The Australian market is up 4.0% 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$9.89 per share.
Recent Insider Transactions • Sep 25Independent Non-Executive Director recently bought AU$358k worth of stockOn the 22nd of September, Michael Bohm bought around 400k shares on-market at roughly AU$0.90 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$371k more in shares than they have sold in the last 12 months.
Is New 90 Day High Low • Sep 18New 90-day high: AU$0.94The company is up 18% from its price of AU$0.79 on 19 June 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$10.02 per share.