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A8G

Australasian GoldASX:A8G Stock Report

Market Cap

AU$29.4m

7D

-4.5%

1Y

n/a

Updated

26 Oct, 2021

Data

Company Financials
A8G fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

A8G Overview

Australasian Gold Limited identifies and explores for gold and base metal projects primarily in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Australasian Gold
Historical stock prices
Current Share PriceAU$0.74
52 Week HighAU$0.13
52 Week LowAU$0.93
Beta0
1 Month Change82.72%
3 Month Change401.69%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO335.29%

Recent News & Updates

Oct 15
We Think Australasian Gold (ASX:A8G) Can Afford To Drive Business Growth

We Think Australasian Gold (ASX:A8G) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

A8GAU Metals and MiningAU Market
7D-4.5%-0.4%0.8%
1Yn/a15.6%24.4%

Return vs Industry: Insufficient data to determine how A8G performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how A8G performed against the Australian Market.

Price Volatility

Is A8G's price volatile compared to industry and market?
A8G volatility
A8G Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: A8G is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 24% a week.

Volatility Over Time: Insufficient data to determine A8G's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018n/aQingtao Zenghttps://australasiangold.com

Australasian Gold Limited identifies and explores for gold and base metal projects primarily in Australia. It holds 100% interest in May Queen gold and Mt Clermont gold project located in Queensland; the Fairview gold project located in Western Australia; and Mt Peake lithium project located in Northern Territory. It holds interest in various projects covering an area of 274.3 square kilometers in Australia.

Australasian Gold Fundamentals Summary

How do Australasian Gold's earnings and revenue compare to its market cap?
A8G fundamental statistics
Market CapAU$29.45m
Earnings (TTM)-AU$966.95k
Revenue (TTM)n/a

0x

P/S Ratio

-39.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A8G income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$966.95k
Earnings-AU$966.95k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did A8G perform over the long term?

See historical performance and comparison

Valuation

Is Australasian Gold undervalued compared to its fair value and its price relative to the market?

6.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate A8G's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate A8G's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: A8G is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: A8G 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 A8G's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A8G is overvalued based on its PB Ratio (6.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Australasian Gold 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 Australasian Gold performed over the past 5 years?

-1,410.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: A8G is currently unprofitable.

Growing Profit Margin: A8G is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if A8G's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare A8G's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A8G is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: A8G has a negative Return on Equity (-16.53%), as it is currently unprofitable.


Financial Health

How is Australasian Gold's financial position?


Financial Position Analysis

Short Term Liabilities: A8G's short term assets (A$5.3M) exceed its short term liabilities (A$304.8K).

Long Term Liabilities: A8G has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: A8G is debt free.

Reducing Debt: A8G has not had any debt for past 5 years.


Balance Sheet


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: A8G has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: A8G has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.3% each year


Dividend

What is Australasian Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate A8G's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate A8G'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 A8G's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A8G'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 A8G's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

AU$688k

CEO Compensation


CEO

Qingtao Zeng (38 yo)

no data

Tenure

AU$687,726

Compensation

Dr. Qingtao Zeng, PhD (Geology), serves as Managing Director and Director at Australasian Gold Limited. He serves as Non-Executive Director and Technical Director at MetalsTech Limited. He was an Independe...


CEO Compensation Analysis

Compensation vs Market: Qingtao's total compensation ($USD515.54K) is above average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Insufficient data to compare Qingtao's compensation with company performance.


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: A8G only recently listed within the past 12 months.


Top Shareholders

Company Information

Australasian Gold Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Australasian Gold Limited
  • Ticker: A8G
  • Exchange: ASX
  • Founded: 2018
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$29.448m
  • Shares outstanding: 52.12m
  • Website: https://australasiangold.com

Location

  • Australasian Gold Limited
  • 123B Colin St
  • Unit 34, Level 5
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:00
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
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.