Ikwezi Mining
Ikwezi Mining Limited engages in the acquisition, exploration, and development of coal projects in South Africa. The last earnings update was 94 days ago. More info.
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IKW Share Price and Events
7 Day Returns
1 Year Returns
IKW Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Ikwezi Mining (IKW) | 0% | 0% | - | -75% | -50% | -92.3% |
| AU Oil and Gas | 1.6% | -5.5% | -7.3% | -8.2% | 29.7% | -35.1% |
| AU Market | 1.7% | 2.8% | 5.5% | 5.4% | 25% | 12.3% |
1 Year Return vs Industry and Market
- IKW underperformed the Oil and Gas industry which returned -8.2% over the past year.
- IKW underperformed the Market in Australia which returned 5.4% over the past year.
Price Volatility
Related Companies
Sorry, no analysis for Ikwezi Mining's competitors could be found in our database.
IKW Value
Is Ikwezi Mining 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.
- It is not possible to calculate the future cash flow value for Ikwezi Mining. This is due to cash flow or dividend data being unavailable. The share price is A$0.001.
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 Ikwezi Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Ikwezi Mining's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in AUD | A$0.00 |
| ASX:IKW Share Price ** | ASX (2019-06-14) in AUD | A$0 |
| Australia Oil and Gas Industry PE Ratio | Median Figure of 23 Publicly-Listed Oil and Gas Companies | 7.58x |
| Australia Market PE Ratio | Median Figure of 545 Publicly-Listed Companies | 16.2x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Ikwezi Mining.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:IKW Share Price ÷ EPS (both in AUD) = 0 ÷ 0.00 |
-3.66x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ikwezi Mining is loss making, we can't compare its value to the AU Oil and Gas industry average.
- Ikwezi Mining is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does
Ikwezi Mining's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -3.66x |
| 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 | -0x |
| Australia Market PEG Ratio | Median Figure of 357 Publicly-Listed Companies | 1.4x |
*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 Ikwezi Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Ikwezi Mining's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in AUD | A$0.01 |
| ASX:IKW Share Price * | ASX (2019-06-14) in AUD | A$0 |
| Australia Oil and Gas Industry PB Ratio | Median Figure of 144 Publicly-Listed Oil and Gas Companies | 1.19x |
| Australia Market PB Ratio | Median Figure of 1,687 Publicly-Listed Companies | 1.65x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:IKW Share Price ÷ Book Value per Share (both in AUD) = 0 ÷ 0.01 |
0.11x |
* Primary Listing of Ikwezi Mining.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ikwezi Mining is good value based on assets compared to the AU Oil and Gas industry average.
Value checks
We assess Ikwezi Mining's value by looking at:- 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. )
- 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)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) Ikwezi Mining has a total score of 1/6, 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.
IKW Future Performance
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 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!
Earnings growth vs Low Risk Savings
- Unable to compare Ikwezi Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Ikwezi Mining's earnings growth to the Australia market average as no estimate data is available.
- Unable to compare Ikwezi Mining's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Australia Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 3.2% |
| Australia Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 2.3% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 6.9% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3.3% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 0 | -1 | 0 |
| 2018-09-30 | 0 | -1 | 0 |
| 2018-06-30 | 0 | 0 | 0 |
| 2018-03-31 | 0 | -1 | 0 |
| 2017-12-31 | 0 | -1 | 0 |
| 2017-09-30 | 0 | -1 | 0 |
| 2017-06-30 | 0 | -1 | 0 |
| 2017-03-31 | 0 | -1 | 0 |
| 2016-12-31 | 0 | -1 | 0 |
| 2016-09-30 | 0 | -1 | 0 |
| 2016-06-30 | 0 | -1 | 0 |
| 2016-03-31 | 0 | -1 | -4 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Ikwezi Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| 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 Ikwezi Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Ikwezi Mining's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Ikwezi Mining 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.
IKW Past Performance
How has Ikwezi Mining 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
Past Earnings growth analysis
- Ikwezi Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Ikwezi Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Ikwezi Mining's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
All data from Ikwezi Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 0.01 | -0.44 | 0.43 | |
| 2018-09-30 | 0.03 | -0.32 | 0.37 | |
| 2018-06-30 | 0.06 | -0.20 | 0.32 | |
| 2018-03-31 | 0.08 | -0.23 | 0.40 | |
| 2017-12-31 | 0.10 | -0.26 | 0.49 | |
| 2017-09-30 | 0.11 | -0.27 | 0.48 | |
| 2017-06-30 | 0.11 | -0.28 | 0.48 | |
| 2017-03-31 | 0.13 | -0.25 | 0.44 | |
| 2016-12-31 | 0.14 | -0.21 | 0.40 | |
| 2016-09-30 | 0.14 | -0.22 | 0.45 | |
| 2016-06-30 | 0.14 | -0.23 | 0.51 | |
| 2016-03-31 | 0.14 | -3.79 | 0.70 | |
| 2015-12-31 | 0.14 | -7.36 | 0.89 | |
| 2015-09-30 | 0.15 | -7.62 | 1.01 | |
| 2015-06-30 | 0.16 | -7.89 | 1.14 | |
| 2015-03-31 | 0.13 | -4.55 | 1.14 | |
| 2014-12-31 | 0.10 | -1.21 | 1.15 | |
| 2014-09-30 | 0.05 | -1.12 | 1.15 | |
| 2014-06-30 | 0.01 | -1.03 | 1.14 | |
| 2014-03-31 | 0.01 | -1.03 | 1.14 | |
| 2013-12-31 | 0.01 | -1.02 | 1.13 | |
| 2013-09-30 | 0.00 | -0.99 | 1.15 | |
| 2013-06-30 | -0.96 | 1.16 | ||
| 2013-03-31 | -0.77 | 0.87 | ||
| 2012-12-31 | -0.58 | 0.59 | ||
| 2012-09-30 | -0.64 | 1.01 | ||
| 2012-06-30 | -0.70 | 1.44 |
*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 Ikwezi Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Ikwezi Mining 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 Ikwezi Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Ikwezi Mining's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Ikwezi Mining 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.
IKW Health
How is Ikwezi Mining'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 Ikwezi Mining's finances.
The net worth of a company is the difference between its assets and liabilities.
- Ikwezi Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Ikwezi Mining's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.8x debt.
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.
All data from Ikwezi Mining Company Filings, last reported 5 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 16.03 | 4.14 | 3.00 |
| 2018-09-30 | 16.03 | 4.14 | 3.00 |
| 2018-06-30 | 14.41 | 0.90 | 0.80 |
| 2018-03-31 | 14.41 | 0.90 | 0.80 |
| 2017-12-31 | 15.24 | 0.00 | 1.21 |
| 2017-09-30 | 15.24 | 0.00 | 1.21 |
| 2017-06-30 | 14.82 | 0.00 | 1.90 |
| 2017-03-31 | 14.82 | 0.00 | 1.90 |
| 2016-12-31 | 15.17 | 0.00 | 2.70 |
| 2016-09-30 | 15.17 | 0.00 | 2.70 |
| 2016-06-30 | 13.85 | 0.00 | 3.60 |
| 2016-03-31 | 13.85 | 0.00 | 3.60 |
| 2015-12-31 | 13.55 | 0.00 | 3.98 |
| 2015-09-30 | 13.55 | 0.00 | 3.98 |
| 2015-06-30 | 16.26 | 0.00 | 4.98 |
| 2015-03-31 | 16.26 | 0.00 | 4.98 |
| 2014-12-31 | 25.72 | 0.00 | 1.85 |
| 2014-09-30 | 25.72 | 0.00 | 1.85 |
| 2014-06-30 | 24.01 | 0.09 | 2.16 |
| 2014-03-31 | 26.68 | 0.09 | 2.16 |
| 2013-12-31 | 27.29 | 0.28 | 2.74 |
| 2013-09-30 | 27.29 | 0.28 | 2.74 |
| 2013-06-30 | 27.83 | 0.46 | 3.66 |
| 2013-03-31 | 27.83 | 0.46 | 3.66 |
| 2012-12-31 | 28.41 | 0.00 | 5.38 |
| 2012-09-30 | 28.41 | 0.00 | 5.38 |
| 2012-06-30 | 29.00 | 0.00 | 12.95 |
- Ikwezi Mining's level of debt (25.8%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (1% vs 25.8% today).
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.
- Ikwezi Mining has less than a year of cash runway based on current free cash flow.
- Ikwezi Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 35.8% each year.
Financial health checks
We assess Ikwezi Mining's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Ikwezi Mining has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
IKW Dividends
What is Ikwezi Mining'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
If you bought
A$2,000 of
Ikwezi Mining
shares you are expected to receive
A$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Ikwezi Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Ikwezi Mining'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.
| 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 | 5% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 415 Stocks | 4.1% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.7% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.7% |
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 Ikwezi Mining has not reported any payouts.
- Unable to verify if Ikwezi Mining's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Ikwezi Mining's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Ikwezi Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Ikwezi Mining 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.
IKW Management
- Ikwezi Mining has no CEO, or we have no data on them.
Management Team
David Pile
Executive Chairman
8.1 yrs
Ranaldo Anthony
Executive Director
Tushar Agrawal
Executive Director
Alok Joshi
Executive Director
Alex Neuling
Company Secretary
A$21K
8 yrs
Board of Directors Tenure
Average tenure of the Ikwezi Mining board of directors in years:
- The tenure for the Ikwezi Mining board of directors is about average.
Board of Directors
David Pile
Executive Chairman
5 yrs
Ranaldo Anthony
Executive Director
8 yrs
Tushar Agrawal
Executive Director
4.1 yrs
Alok Joshi
Executive Director
4.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (A$) | Value (A$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10. Jan 19 | Buy | Simon Hewetson | Individual | 23. Jan 15 | 14. Dec 18 | 804,763,050 | A$0.01 | A$2,794,542 | ||
| 10. Jan 19 | Buy | Azure Projects Ltd | Company | 14. Dec 18 | 14. Dec 18 | 450,000,000 | A$0.00 | A$899,548 | ||
Management checks
We assess Ikwezi Mining's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Ikwezi Mining 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.
IKW News
Simply Wall St News
Easy Come, Easy Go: How Ikwezi Mining (ASX:IKW) Shareholders Got Unlucky And Saw 92% Of Their Cash Evaporate
But since the share price has dived -39% per year, over 5 years, it looks like some investors think it's time to abandon ship, so to speak. … We've already covered Ikwezi Mining's share price action, but we should also mention its total shareholder return (TSR). … We note that Ikwezi Mining's TSR, at -88% is higher than its share price return of -92%.
Simply Wall St - – Full articleRead This Before Selling Ikwezi Mining Limited (ASX:IKW) Shares
We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in Ikwezi Mining Limited (ASX:IKW). … But logic dictates you should pay some attention to whether insiders are buying or selling shares.
Simply Wall St - – Full articleHow Much Of Ikwezi Mining Limited (ASX:IKW) Do Insiders Own?
A look at the shareholders of Ikwezi Mining Limited (ASX:IKW) can tell us which group is most powerful. … Ikwezi Mining is not a large company by global standards. … View our latest analysis for Ikwezi Mining
Simply Wall St - – Full articleIkwezi Mining Limited (ASX:IKW): Risks You Need To Consider Before Buying
The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … Not every stock is exposed to the same level of market risk.
Simply Wall St - – Full articleIkwezi Mining Limited (ASX:IKW): How Does It Impact Your Portfolio?
Generally, an investor should consider two types of risk that impact the market value of IKW. … A market capitalisation of AU$4.07M puts IKW in the category of small-cap stocks, which tends to possess higher beta than larger companies. … How IKW's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.
Simply Wall St - – Full articleWho Are The Largest Shareholders In Ikwezi Mining Limited (ASX:IKW)?
View our latest analysis for Ikwezi Mining ASX:IKW Ownership_summary Apr 25th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … Private Company Ownership Potential investors in IKW should also look at another important group of investors: private companies, with a stake of 42.45%, 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.Next Steps: Institutional ownership level and composition in IKW is not high nor active enough to significantly impact its investment thesis.
Simply Wall St - – Full articleShould You Be Concerned With Ikwezi Mining Limited's (ASX:IKW) -23.81% Earnings Drop?
Analyzing Ikwezi Mining Limited's (ASX:IKW) track record of past performance is a valuable exercise for investors. … Check out our latest analysis for Ikwezi Mining How Did IKW's Recent Performance Stack Up Against Its Past? … ASX:IKW Income Statement Mar 28th 18 We can further evaluate Ikwezi Mining's loss by looking at what the industry has been experiencing over the past few years.
Simply Wall St - – Full articleOne Thing To Consider Before Buying Ikwezi Mining Limited (ASX:IKW)
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … See our latest analysis for Ikwezi Mining An interpretation of IKW's beta With a beta of 1.53, Ikwezi Mining 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. … IKW, with its market capitalisation of AU$4.07M, is a small-cap stock, which generally have higher beta than similar companies of larger size.
Simply Wall St - – Full articleWho Owns Ikwezi Mining Limited (ASX:IKW)?
Today, I will be analyzing Ikwezi Mining Limited’s (ASX:IKW) recent ownership structure, an important but not-so-popular subject among individual investors. … Private Company Ownership Potential investors in IKW should also look at another important group of investors: private companies, with a stake of 39.17%, who are primarily invested because of strategic and capital gain interests. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.What this means for you: With a low level of institutional ownership, investors in IKW need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.
Simply Wall St - – Full articleWhere Ikwezi Mining Limited (ASX:IKW) Stands In Terms Of Earnings Growth Against Its Industry
When Ikwezi Mining Limited's (ASX:IKW) announced its latest earnings (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Ikwezi Mining's average earnings over the past couple of years, and its industry performance. … View our latest analysis for Ikwezi Mining Was IKW weak performance lately part of a long-term decline?
Simply Wall St - – Full articleIKW Company Info
Description
Ikwezi Mining Limited engages in the acquisition, exploration, and development of coal projects 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 holds interests in the Acorn project located in Limpopo province; and the Assegai project covering an area of 3,998 hectares located in Mpumalanga province. The company was incorporated in 2011 and is based in Johannesburg, South Africa.
Details
| Name: | Ikwezi Mining Limited |
| IKW | |
| Exchange: | ASX |
| Founded: | 2011 |
| A$4,065,000 | |
| 4,065,000,000 | |
| Website: | http://www.ikwezimining.com |
| Address: |
Ikwezi Mining Limited Building 5 Thornhill Office Park, 94 Bekker Road, Johannesburg, Gauteng, South Africa |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | IKW | Ordinary Shares | Australian Securities Exchange | AU | AUD | 19. Jul 2011 | |
| CHIA | IKW | Ordinary Shares | Chi-X Australia | AU | AUD | 19. Jul 2011 |
Number of employees
Current staff
Industry
| Coal and Consumable Fuels | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/06/17 10:38 |
| End of day share price update: | 2019/06/14 00:00 |
| Last earnings filing: | 2019/03/15 |
| 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.
