Loading...

Eclipse Metals

ASX:EPM
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EPM
ASX
A$3M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Eclipse Metals Limited explores for mineral properties in Australia. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
  • Eclipse Metals has significant price volatility in the past 3 months.
EPM Share Price and Events
7 Day Returns
20%
ASX:EPM
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
-50%
ASX:EPM
3.8%
AU Oil and Gas
4.9%
AU Market
EPM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eclipse Metals (EPM) 20% 20% 0% -50% -57.1% -72.7%
AU Oil and Gas 0.8% -1.5% 5.1% 3.8% 30.5% -32%
AU Market -0% 1% 6.3% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • EPM underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • EPM underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
EPM
Industry
5yr Volatility vs Market

Value

 Is Eclipse Metals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Eclipse Metals. This is due to cash flow or dividend data being unavailable. The share price is A$0.003.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Eclipse Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eclipse Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:EPM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:EPM Share Price ** ASX (2019-04-17) in AUD A$0
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eclipse Metals.

ASX:EPM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:EPM Share Price ÷ EPS (both in AUD)

= 0 ÷ 0.00

-6.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eclipse Metals is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Eclipse Metals is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Eclipse Metals's expected growth come at a high price?
Raw Data
ASX:EPM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Eclipse Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Eclipse Metals's assets?
Raw Data
ASX:EPM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:EPM Share Price * ASX (2019-04-17) in AUD A$0
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:EPM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:EPM Share Price ÷ Book Value per Share (both in AUD)

= 0 ÷ 0.00

1.4x

* Primary Listing of Eclipse Metals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eclipse Metals is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Eclipse Metals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Eclipse Metals has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Eclipse Metals expected to grow at an attractive rate?
  • Unable to compare Eclipse Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Eclipse Metals's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Eclipse Metals's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:EPM Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:EPM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:EPM Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 0
2018-09-30 0 0 -1
2018-06-30 0 0 -1
2018-03-31 0 0 -1
2017-12-31 0 0 -1
2017-09-30 0 0 -1
2017-06-30 0 0 -1
2017-03-31 0 0 -1
2016-12-31 0 0 0
2016-09-30 0 0 -1
2016-06-30 0 0 -1
2016-03-31 0 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Eclipse Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Eclipse Metals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:EPM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Eclipse Metals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:EPM Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Eclipse Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Eclipse Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Eclipse Metals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Eclipse Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Eclipse Metals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eclipse Metals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Eclipse Metals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Eclipse Metals's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Eclipse Metals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Eclipse Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Eclipse Metals's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Eclipse Metals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Eclipse Metals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:EPM Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.00 -0.47 0.45
2018-09-30 0.00 -0.51 0.48
2018-06-30 0.01 -0.55 0.52
2018-03-31 0.01 -0.63 0.54
2017-12-31 0.01 -0.71 0.55
2017-09-30 0.03 -0.68 0.54
2017-06-30 0.06 -0.64 0.53
2017-03-31 0.06 -0.53 0.47
2016-12-31 0.06 -0.41 0.41
2016-09-30 0.05 -0.52 0.40
2016-06-30 0.03 -0.63 0.38
2016-03-31 0.06 -1.48 0.44
2015-12-31 0.09 -2.33 0.50
2015-09-30 0.08 -2.19 0.50
2015-06-30 0.07 -2.05 0.51
2015-03-31 0.08 -1.09 0.54
2014-12-31 0.09 -0.12 0.57
2014-09-30 0.09 -0.45 0.61
2014-06-30 0.09 -0.78 0.66
2014-03-31 0.05 -8.38 0.56
2013-12-31 0.02 -15.98 0.47
2013-09-30 0.12 -15.79 0.59
2013-06-30 0.22 -15.59 0.72
2013-03-31 0.25 -8.47 1.13
2012-12-31 0.27 -1.34 1.53
2012-09-30 0.18 -1.51 1.61
2012-06-30 0.09 -1.68 1.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Eclipse Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Eclipse Metals has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Eclipse Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Eclipse Metals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eclipse Metals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Eclipse Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Eclipse Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eclipse Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Eclipse Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Eclipse Metals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Eclipse Metals has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Eclipse Metals Company Filings, last reported 3 months ago.

ASX:EPM Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.44 0.00 0.48
2018-09-30 2.44 0.00 0.48
2018-06-30 2.62 0.00 0.69
2018-03-31 2.62 0.00 0.69
2017-12-31 2.85 0.00 0.98
2017-09-30 2.85 0.00 0.98
2017-06-30 3.11 0.00 1.26
2017-03-31 3.11 0.00 1.26
2016-12-31 2.56 0.00 0.49
2016-09-30 2.56 0.00 0.49
2016-06-30 2.64 0.00 0.43
2016-03-31 2.64 0.00 0.43
2015-12-31 2.60 0.00 0.49
2015-09-30 2.60 0.00 0.49
2015-06-30 2.28 0.00 0.23
2015-03-31 2.28 0.00 0.23
2014-12-31 4.13 0.00 0.37
2014-09-30 4.13 0.00 0.37
2014-06-30 4.02 0.00 0.34
2014-03-31 4.02 0.00 0.34
2013-12-31 4.01 0.00 0.07
2013-09-30 4.01 0.00 0.07
2013-06-30 4.68 0.00 0.37
2013-03-31 4.68 0.00 0.37
2012-12-31 18.47 0.00 0.00
2012-09-30 18.47 0.00 0.00
2012-06-30 16.15 0.00 0.85
  • Eclipse Metals has no debt.
  • Eclipse Metals has not taken on any debt in the past 5 years.
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.

  • Eclipse Metals has less than a year of cash runway based on current free cash flow.
  • Eclipse Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.9% each year.
X
Financial health checks
We assess Eclipse Metals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eclipse Metals has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Eclipse Metals dividends.
If you bought A$2,000 of Eclipse Metals shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Eclipse Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Eclipse Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:EPM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Eclipse Metals has not reported any payouts.
  • Unable to verify if Eclipse Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Eclipse Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Eclipse Metals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Eclipse Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eclipse Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eclipse Metals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Eclipse Metals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Eclipse Metals has no CEO, or we have no data on them.
Management Team

Eryn Kestel

TITLE
Company Secretary
TENURE
4.8 yrs
Board of Directors Tenure

Average tenure of the Eclipse Metals board of directors in years:

0.9
Average Tenure
  • The average tenure for the Eclipse Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rod Dale

TITLE
Non-Executive Chairman
COMPENSATION
A$31K
TENURE
0.9 yrs

Carl Popal

TITLE
Non-Executive Director
COMPENSATION
A$168K
TENURE
6.1 yrs

Ibrar Idrees

TITLE
Independent Non-Executive Director
COMPENSATION
A$1,000
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
02. Nov 18 Buy Deep Yellow Limited Company 17. Oct 18 17. Oct 18 204,800,000 A$0.00 A$614,321
02. Nov 18 Sell Ghan Resources Pty Ltd Company 30. Oct 18 30. Oct 18 -204,800,000 A$0.00 A$-614,352
06. Jun 18 Sell Popal Enterprise Pty Ltd. Company 01. Jun 18 01. Jun 18 -8,000,000 A$0.01 A$-40,000
X
Management checks
We assess Eclipse Metals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eclipse Metals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Imagine Owning Eclipse Metals While The Price Tanked 67%

But long term Eclipse Metals Limited (ASX:EPM) shareholders have had a particularly rough ride in the last three year. … With just AU$5,016 worth of revenue in twelve months, we don't think the market Eclipse Metals has proven its business plan. … For example, they may be hoping that Eclipse Metals finds oil or gas with an exploration program, before it runs out of money.

Simply Wall St -

Could The Eclipse Metals Limited (ASX:EPM) Ownership Structure Tell Us Something Useful?

Every investor in Eclipse Metals Limited (ASX:EPM) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Eclipse Metals is a smaller company with a market capitalization of AU$3.4m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About Eclipse Metals Limited's (ASX:EPM) Financial Strength

Eclipse Metals Limited (ASX:EPM), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is EPM right in choosing financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

Does Eclipse Metals Limited (ASX:EPM) Have A Volatile Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What You Must Know About Eclipse Metals Limited's (ASX:EPM) Financial Strength

The direct benefit for Eclipse Metals Limited (ASX:EPM), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is EPM will have to adhere to stricter debt covenants and have less financial flexibility. … Does EPM's growth rate justify its decision for financial flexibility over lower cost of capital

Simply Wall St -

What Does Eclipse Metals Limited's (ASX:EPM) Ownership Structure Look Like?

Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. … Private Company Ownership Another important group of owners for potential investors in EPM are private companies that hold a stake of 33.81% in EPM.

Simply Wall St -

Eclipse Metals Limited (ASX:EPM): How Does It Impact Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … With a beta of 1.19, Eclipse Metals is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … A market capitalisation of AU$8.01M puts EPM in the category of small-cap stocks, which tends to possess higher beta than larger companies.

Simply Wall St -

Should You Be Concerned With Eclipse Metals Limited's (ASX:EPM) -71.95% Earnings Drop?

ASX:EPM Income Statement Apr 16th 18 We can further examine Eclipse Metals's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years Eclipse Metals has seen an annual decline in revenue of -14.75%, on average. … This means whatever tailwind the industry is enjoying, Eclipse Metals has not been able to reap as much as its industry peers.What does this mean?

Simply Wall St -

What You Must Know About Eclipse Metals Limited's (ASX:EPM) Major Investors

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in EPM should also look at another important group of investors: private companies, with a stake of 33.11%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.What this means for you: With a low level of institutional ownership, investors in EPM need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Eclipse Metals Limited (ASX:EPM): Risks You Need To Consider Before Buying

Generally, an investor should consider two types of risk that impact the market value of EPM. … Therefore, this is a type of risk which is associated with higher beta. … I test EPM’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

Simply Wall St -

Company Info

Description

Eclipse Metals Limited explores for mineral properties in Australia. The company explores for gold, manganese, iron ore, uranium, and base metals. It holds a portfolio of approximately 18,375 square kilometers over 30 exploration license areas 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.

Details
Name: Eclipse Metals Limited
EPM
Exchange: ASX
Founded: 2010
A$3,446,022
1,148,674,090
Website: http://www.eclipseuranium.com.au
Address: Eclipse Metals Limited
1060 Hay Street,
Level 3,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX EPM Ordinary Shares Australian Securities Exchange AU AUD 17. Feb 2011
BST 9EU Ordinary Shares Boerse-Stuttgart DE EUR 17. Feb 2011
CHIA EPM Ordinary Shares Chi-X Australia AU AUD 17. Feb 2011
Number of employees
Current staff
Staff numbers
0
Eclipse Metals employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 10:34
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.