New Age Exploration Limited engages in the exploration and development of mineral properties in the United Kingdom.
+ 2 more risks
Adequate balance sheet and overvalued.
Share Price & News
How has New Age Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NAE's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: NAE underperformed the Australian Oil and Gas industry which returned -48.2% over the past year.
Return vs Market: NAE underperformed the Australian Market which returned -22.9% over the past year.
Price Volatility Vs. Market
How volatile is New Age Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe're A Little Worried About New Age Exploration's (ASX:NAE) Cash Burn Rate
2 months ago | Simply Wall StInvestors Who Bought New Age Exploration (ASX:NAE) Shares Three Years Ago Are Now Down 90%
4 months ago | Simply Wall StCould New Age Exploration Limited's (ASX:NAE) Investor Composition Influence The Stock Price?
Is New Age Exploration 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 NAE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NAE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NAE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: NAE 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 NAE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NAE is good value based on its PB Ratio (0.2x) compared to the AU Oil and Gas industry average (0.7x).
How is New Age Exploration 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 New Age Exploration 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.
- Examine New Age Exploration'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.
- New Age Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has New Age Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NAE is currently unprofitable.
Growing Profit Margin: NAE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NAE is unprofitable, but has reduced losses over the past 5 years at a rate of 37.7% per year.
Accelerating Growth: Unable to compare NAE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NAE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16%).
Return on Equity
High ROE: NAE has a negative Return on Equity (-8.11%), as it is currently unprofitable.
How is New Age Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: NAE's short term assets (A$3.2M) exceed its short term liabilities (A$67.2K).
Long Term Liabilities: NAE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NAE is debt free.
Reducing Debt: NAE had no debt 5 years ago.
Inventory Level: NAE has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NAE'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: NAE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NAE has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.
What is New Age Exploration's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NAE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NAE'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 NAE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NAE'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 NAE'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 management tenure
New Age Exploration has no CEO, or we have no data on them.
|Executive Director||1.42yrs||AU$156.78k||2% A$35.6k|
|Joint Company Secretary||no data||AU$80.34k||3.38% A$60.0k|
|Business Development Manager||7.67yrs||no data||no data|
|Joint Company Secretary||1.17yrs||no data||no data|
Experienced Management: NAE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Executive Director||1.42yrs||AU$156.78k||2% A$35.6k|
|Non-Executive Director||1.42yrs||AU$34.00k||no data|
|Non-Executive Chairman||7yrs||AU$68.00k||0.053% A$949.9|
Experienced Board: NAE's board of directors are not considered experienced ( 1.4 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 been substantially diluted in the past year, with total shares outstanding growing by 64.9%.
New Age Exploration Limited's company bio, employee growth, exchange listings and data sources
- Name: New Age Exploration Limited
- Ticker: NAE
- Exchange: ASX
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$1.778m
- Shares outstanding: 888.78m
- Website: https://www.nae.net.au
- New Age Exploration Limited
- 500 Collins Street
- Level 17
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NAE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Nov 2004|
|NAE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Nov 2004|
New Age Exploration Limited engages in the exploration and development of mineral properties in the United Kingdom. It explores for tungsten, tin, coal, and gold deposits. The company holds a 50% interest in the Redmoor project covering 25km in the Cornwall tin-tungsten-copper mineralised district; and a 100% interest in the Lochinvar coking coal project located on the Scottish/English border. New Age Exploration Limited is based in Melbourne, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 10:33|
|End of Day Share Price||2020/03/27 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.