1MC Stock Overview
Morella Corporation Limited engages in the exploration and development of mineral properties in Australia and the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.026|
|52 Week High||AU$0.045|
|52 Week Low||AU$0.01|
|1 Month Change||-27.78%|
|3 Month Change||30.00%|
|1 Year Change||n/a|
|3 Year Change||-75.24%|
|5 Year Change||-81.43%|
|Change since IPO||-87.62%|
Recent News & Updates
|1MC||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how 1MC performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how 1MC performed against the Australian Market.
|1MC Average Weekly Movement||14.8%|
|Metals and Mining Industry Average Movement||10.9%|
|Market Average Movement||9.3%|
|10% most volatile stocks in AU Market||16.4%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: 1MC is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: Insufficient data to determine 1MC's volatility change over the past year.
About the Company
Morella Corporation Limited engages in the exploration and development of mineral properties in Australia and the United States. The company operates through Lithium Mining, Exploration Services, and Mineral Exploration segments. It holds interest in the Altura Lithium Project located at Pilgangoora in Western Australia.
Morella Fundamentals Summary
|1MC fundamental statistics|
Is 1MC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1MC income statement (TTM)|
|Cost of Revenue||AU$281.57k|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||10.71%|
How did 1MC perform over the long term?See historical performance and comparison
How is Morella forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials 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 Morella 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 Morella performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1MC has a large one-off gain of A$75.0K impacting its December 31 2021 financial results.
Growing Profit Margin: 1MC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 1MC has become profitable over the past 5 years, growing earnings by -20.1% per year.
Accelerating Growth: 1MC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1MC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.8%).
Return on Equity
High ROE: 1MC's Return on Equity (-1.6%) is considered low.
How is Morella's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1MC's short term assets (A$10.6M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: 1MC's short term assets (A$10.6M) exceed its long term liabilities (A$3.3M).
Debt to Equity History and Analysis
Debt Level: 1MC has more cash than its total debt.
Reducing Debt: 1MC's debt to equity ratio has reduced from 73.7% to 51.4% over the past 5 years.
Debt Coverage: 1MC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1MC's interest payments on its debt are well covered by EBIT.
What is Morella current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1MC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1MC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1MC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1MC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 1MC has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Alex Cheeseman has been Chief Executive Officer at Morella Corporation Limited (formerly known as Altura Mining Limited) since April 16, 2021 and served as its General Manager of Marketing since March...
CEO Compensation Analysis
Compensation vs Market: Alex's total compensation ($USD223.52K) is about average for companies of similar size in the Australian market ($USD291.26K).
Compensation vs Earnings: Insufficient data to compare Alex's compensation with company performance.
Experienced Board: 1MC's board of directors are seasoned and experienced ( 13.4 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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 73.3%.
Morella Corporation Limited's employee growth, exchange listings and data sources
- Name: Morella Corporation Limited
- Ticker: 1MC
- Exchange: ASX
- Founded: 2000
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$134.582m
- Shares outstanding: 5.18b
- Website: https://www.morellacorp.com
- Morella Corporation Limited
- 680 Murray Street
- Suite 5
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/25 00:00|
|End of Day Share Price||2022/05/25 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.