ASX:EPM

Stock Analysis Report

Executive Summary

Eclipse Metals Limited explores for mineral properties in Australia.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Eclipse Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EPM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

33.3%

EPM

8.5%

AU Oil and Gas

7.1%

AU Market


1 Year Return

60.0%

EPM

-46.9%

AU Oil and Gas

-19.4%

AU Market

Return vs Industry: EPM exceeded the Australian Oil and Gas industry which returned -46.7% over the past year.

Return vs Market: EPM exceeded the Australian Market which returned -18.8% over the past year.


Shareholder returns

EPMIndustryMarket
7 Day33.3%8.5%7.1%
30 Day-20.0%-34.9%-21.3%
90 Day0%-46.5%-24.8%
1 Year60.0%60.0%-44.8%-46.9%-15.8%-19.4%
3 Year-33.3%-33.3%-37.4%-45.0%-2.4%-15.8%
5 Year-12.7%-20.0%-38.5%-49.5%8.4%-16.0%

Price Volatility Vs. Market

How volatile is Eclipse Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Eclipse Metals undervalued compared to its fair value and its price relative to the market?

3.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EPM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EPM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EPM is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: EPM is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EPM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EPM is overvalued based on its PB Ratio (3.5x) compared to the AU Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Eclipse Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.5%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eclipse Metals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Eclipse Metals performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EPM is currently unprofitable.

Growing Profit Margin: EPM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EPM is unprofitable, but has reduced losses over the past 5 years at a rate of 19.3% per year.

Accelerating Growth: Unable to compare EPM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EPM is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16%).


Return on Equity

High ROE: EPM has a negative Return on Equity (-97.92%), as it is currently unprofitable.


Next Steps

Financial Health

How is Eclipse Metals's financial position?


Financial Position Analysis

Short Term Liabilities: EPM's short term assets (A$500.6K) do not cover its short term liabilities (A$505.2K).

Long Term Liabilities: EPM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EPM is debt free.

Reducing Debt: EPM has not had any debt for past 5 years.


Balance Sheet

Inventory Level: EPM has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EPM's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EPM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EPM has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 4.5% each year.


Next Steps

Dividend

What is Eclipse Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EPM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EPM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EPM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EPM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EPM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Eclipse Metals has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.8%.


Top Shareholders

Company Information

Eclipse Metals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eclipse Metals Limited
  • Ticker: EPM
  • Exchange: ASX
  • Founded: 2010
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$4.323m
  • Shares outstanding: 1.24b
  • Website: https://www.eclipseuranium.com.au

Location

  • Eclipse Metals Limited
  • 1060 Hay Street
  • Level 3
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EPMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 2011
EPMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 2011
9EUBST (Boerse-Stuttgart)YesOrdinary SharesDEEURFeb 2011

Biography

Eclipse Metals Limited explores for mineral properties in Australia. The company explores for uranium, gold, manganese, vanadium, palladium, platinum, iron, and precious metals. It holds a portfolio of approximately 8,044 square kilometers over 19 mineral tenements and applications in the Northern Territory and Queensland. The company was formerly known as Eclipse Uranium Limited and changed its name to Eclipse Metals Limited in June 2012. Eclipse Metals Limited was incorporated in 2010 and is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 10:51
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.