company background image
1MC

Morella ASX:1MC Stock Report

Last Price

AU$0.026

Market Cap

AU$134.6m

7D

-10.3%

1Y

n/a

Updated

25 May, 2022

Data

Company Financials
1MC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

1MC Stock Overview

Morella Corporation Limited engages in the exploration and development of mineral properties in Australia and the United States.

Morella Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Morella
Historical stock prices
Current Share PriceAU$0.026
52 Week HighAU$0.045
52 Week LowAU$0.01
Beta0.81
1 Month Change-27.78%
3 Month Change30.00%
1 Year Changen/a
3 Year Change-75.24%
5 Year Change-81.43%
Change since IPO-87.62%

Recent News & Updates

Shareholder Returns

1MCAU Metals and MiningAU Market
7D-10.3%-1.1%-0.4%
1Yn/a1.7%-1.1%

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.

Price Volatility

Is 1MC's price volatile compared to industry and market?
1MC volatility
1MC Average Weekly Movement14.8%
Metals and Mining Industry Average Movement10.9%
Market Average Movement9.3%
10% most volatile stocks in AU Market16.4%
10% least volatile stocks in AU Market4.2%

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

FoundedEmployeesCEOWebsite
2000n/aAlex Cheesemanhttps://www.morellacorp.com

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

How do Morella's earnings and revenue compare to its market cap?
1MC fundamental statistics
Market CapAU$134.58m
Earnings (TTM)AU$20.29k
Revenue (TTM)AU$189.38k

0.0x

P/E Ratio

866.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1MC income statement (TTM)
RevenueAU$189.38k
Cost of RevenueAU$281.57k
Gross Profit-AU$92.18k
Other Expenses-AU$112.47k
EarningsAU$20.29k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin-48.68%
Net Profit Margin10.71%
Debt/Equity Ratio51.3%

How did 1MC perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is Morella forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-5.7%

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.


Past Performance

How has Morella performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-20.1%

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.


Financial Health

How is Morella's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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.


Balance Sheet


Dividend

What is Morella current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • 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.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

13.4yrs

Average board tenure


CEO

Alex Cheeseman

1.08yrs

Tenure

AU$316,195

Compensation

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.


Board Members

Experienced Board: 1MC's board of directors are seasoned and experienced ( 13.4 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 73.3%.


Top Shareholders

Company Information

Morella Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Morella Corporation Limited
  • 680 Murray Street
  • Suite 5
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.