Australasian Gold Limited identifies and explores for gold and base metal projects primarily in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.74|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.93|
|1 Month Change||82.72%|
|3 Month Change||401.69%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||335.29%|
Recent News & Updates
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...
|A8G||AU Metals and Mining||AU Market|
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.
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
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
|A8G fundamental statistics|
Is A8G overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|A8G income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.019|
|Net Profit Margin||0.00%|
How did A8G perform over the long term?See historical performance and comparison
Is Australasian Gold 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 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).
How is Australasian Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Australasian Gold performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Qingtao Zeng (38 yo)
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.
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: A8G only recently listed within the past 12 months.
Australasian Gold Limited's employee growth, exchange listings and data sources
- 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
- Australasian Gold Limited
- 123B Colin St
- Unit 34, Level 5
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:00|
|End of Day Share Price||2021/10/26 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.