MC Mining Limited, together with its subsidiaries, acquires, explores, develops, and operates metallurgical and thermal coal projects in South Africa.
MC Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.13|
|52 Week High||AU$0.10|
|52 Week Low||AU$0.24|
|1 Month Change||4.17%|
|3 Month Change||n/a|
|1 Year Change||13.64%|
|3 Year Change||-64.29%|
|5 Year Change||-89.58%|
|Change since IPO||-99.94%|
Recent News & Updates
Does MC Mining (ASX:MCM) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|MCM||AU Oil and Gas||AU Market|
Return vs Industry: MCM underperformed the Australian Oil and Gas industry which returned 48.9% over the past year.
Return vs Market: MCM underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: MCM is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 22% a week.
Volatility Over Time: MCM's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
MC Mining Limited, together with its subsidiaries, acquires, explores, develops, and operates metallurgical and thermal coal projects in South Africa. The company’s principal projects include the Uitkomst Colliery, a metallurgical and thermal coal project located in the KwaZulu Natal province; the Makhado hard coking and thermal coal project situated in the Soutpansberg coalfield in the Limpopo province; and the Vele Colliery, a semi-soft coking and thermal coal mine located to the west of Musina in the Limpopo province. Its principal projects also comprise three coking and thermal coal projects, including Chapudi, Generaal, and Mopane located in Limpopo province.
MC Mining Fundamentals Summary
|MCM fundamental statistics|
Is MCM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCM income statement (TTM)|
|Cost of Revenue||US$20.30m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.076|
|Net Profit Margin||-56.73%|
How did MCM perform over the long term?See historical performance and comparison
Is MC 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 MCM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MCM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MCM is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: MCM 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 MCM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCM is good value based on its PB Ratio (0.1x) compared to the AU Oil and Gas industry average (2.5x).
How is MC 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 MC 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 MC Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCM is currently unprofitable.
Growing Profit Margin: MCM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCM is unprofitable, but has reduced losses over the past 5 years at a rate of 18% per year.
Accelerating Growth: Unable to compare MCM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCM 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: MCM has a negative Return on Equity (-11.11%), as it is currently unprofitable.
How is MC Mining's financial position?
Financial Position Analysis
Short Term Liabilities: MCM's short term assets ($7.5M) do not cover its short term liabilities ($35.1M).
Long Term Liabilities: MCM's short term assets ($7.5M) do not cover its long term liabilities ($13.2M).
Debt to Equity History and Analysis
Debt Level: MCM's debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: MCM's debt to equity ratio has increased from 11% to 23% 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: MCM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MCM has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.8% each year.
What is MC Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCM'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 MCM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCM'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 MCM'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
Sam Randazzo (66 yo)
Mr. Sebastiano Randazzo, also known as Sam, BBus., CA, Ftia served as Non- Executive Director at Bardoc Gold Limited (formerly known as Spitfire Materials Limited) since 2018 until 2019. He served as the E...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($USD291.63K) is about average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: Sam's compensation has increased whilst the company is unprofitable.
Experienced Board: MCM's board of directors are considered experienced (5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MC Mining Limited's employee growth, exchange listings and data sources
- Name: MC Mining Limited
- Ticker: MCM
- Exchange: ASX
- Founded: 1979
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$19.302m
- Shares outstanding: 154.42m
- Website: https://www.mcmining.co.za
- MC Mining Limited
- 7 The Esplanade
- Suite 8
- Mount Pleasant
- Western Australia
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.