Ikwezi Mining Limited engages in the coal mining and development activities in South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.90|
|52 Week High||AU$0.18|
|52 Week Low||AU$0.97|
|1 Month Change||20.00%|
|3 Month Change||373.68%|
|1 Year Change||n/a|
|3 Year Change||200.00%|
|5 Year Change||-10.00%|
|Change since IPO||-95.81%|
Recent News & Updates
Investors Will Want Ikwezi Mining's (ASX:IKW) Growth In ROCE To Persist
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
We Like These Underlying Return On Capital Trends At Ikwezi Mining (ASX:IKW)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
|IKW||AU Oil and Gas||AU Market|
Return vs Industry: Insufficient data to determine how IKW performed against the Australian Oil and Gas industry.
Return vs Market: Insufficient data to determine how IKW performed against the Australian Market.
Stable Share Price: IKW is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 27% a week.
Volatility Over Time: IKW's weekly volatility has decreased from 34% to 27% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Ikwezi Mining Limited engages in the coal mining and development activities in South Africa. The company holds a 70% interest in the Newcastle project covering an area of 12,182 hectares located in KwaZulu-Natal Province. It also operates the Kliprand Colliery and Emoyeni coal bene
Ikwezi Mining Fundamentals Summary
|IKW fundamental statistics|
Is IKW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IKW income statement (TTM)|
|Cost of Revenue||AU$18.20m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.023|
|Net Profit Margin||-5.12%|
How did IKW perform over the long term?See historical performance and comparison
Is Ikwezi Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IKW's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IKW's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IKW is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: IKW 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 IKW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IKW is good value based on its PB Ratio (1.4x) compared to the AU Oil and Gas industry average (2.5x).
How is Ikwezi Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Ikwezi Mining 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.
How has Ikwezi Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IKW is currently unprofitable.
Growing Profit Margin: IKW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IKW is unprofitable, but has reduced losses over the past 5 years at a rate of 48.8% per year.
Accelerating Growth: Unable to compare IKW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IKW is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: IKW has a negative Return on Equity (-6.7%), as it is currently unprofitable.
How is Ikwezi Mining's financial position?
Financial Position Analysis
Short Term Liabilities: IKW's short term assets (A$12.7M) exceed its short term liabilities (A$8.8M).
Long Term Liabilities: IKW's short term assets (A$12.7M) exceed its long term liabilities (A$941.2K).
Debt to Equity History and Analysis
Debt Level: IKW's debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IKW's debt to equity ratio has reduced over 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.
Stable Cash Runway: Insufficient data to determine if IKW has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IKW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Ikwezi Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IKW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IKW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IKW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IKW'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 IKW's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ikwezi Mining has no CEO, or we have no data on them.
Experienced Board: IKW's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ikwezi Mining Limited's employee growth, exchange listings and data sources
- Name: Ikwezi Mining Limited
- Ticker: IKW
- Exchange: ASX
- Founded: 2011
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$36.585m
- Shares outstanding: 40.65m
- Website: https://ikwezimining.com
- Ikwezi Mining Limited
- Cedar House
- 3rd Floor
- HM 12
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:03|
|End of Day Share Price||2021/10/15 00:00|
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.