Andromeda Metals Limited, together with its subsidiaries, operates as a mineral exploration company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.45|
|1 Month Change||32.26%|
|3 Month Change||24.24%|
|1 Year Change||46.43%|
|3 Year Change||3,316.67%|
|5 Year Change||1,205.07%|
|Change since IPO||-6.04%|
Recent News & Updates
We Think Andromeda Metals (ASX:ADN) Needs To Drive Business Growth Carefully
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|ADN||AU Metals and Mining||AU Market|
Return vs Industry: ADN exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: ADN exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: ADN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: ADN's weekly volatility (10%) has been stable over the past year.
About the Company
Andromeda Metals Limited, together with its subsidiaries, operates as a mineral exploration company in Australia. The company explores for halloysite, gold, and copper deposits. Its primary project is the Great White Kaolin project located in the Eyre Peninsula in South Australia.
Andromeda Metals Fundamentals Summary
|ADN fundamental statistics|
Is ADN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0026|
|Net Profit Margin||0.00%|
How did ADN perform over the long term?See historical performance and comparison
Is Andromeda Metals 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 ADN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ADN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ADN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ADN 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 ADN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADN is overvalued based on its PB Ratio (30.6x) compared to the AU Metals and Mining industry average (2.5x).
How is Andromeda Metals 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 Andromeda Metals 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 Andromeda Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADN is currently unprofitable.
Growing Profit Margin: ADN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ADN is unprofitable, but has reduced losses over the past 5 years at a rate of 8.9% per year.
Accelerating Growth: Unable to compare ADN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ADN 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: ADN has a negative Return on Equity (-39.08%), as it is currently unprofitable.
How is Andromeda Metals's financial position?
Financial Position Analysis
Short Term Liabilities: ADN's short term assets (A$5.8M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: ADN's short term assets (A$5.8M) exceed its long term liabilities (A$1.9M).
Debt to Equity History and Analysis
Debt Level: ADN is debt free.
Reducing Debt: ADN has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ADN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ADN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year
What is Andromeda Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ADN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ADN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. James E. Marsh, BSc (Hons), MAusIMM, serves as the Managing Director and Director at Andromeda Metals Ltd. since May 30, 2018. Mr. Marsh served as General Manager of Industrial Minerals at Minotaur fro...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD627.65K) is about average for companies of similar size in the Australian market ($USD735.46K).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
Experienced Management: ADN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: ADN's board of directors are considered experienced (3.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 37.8%.
Andromeda Metals Limited's employee growth, exchange listings and data sources
- Name: Andromeda Metals Limited
- Ticker: ADN
- Exchange: ASX
- Founded: 1993
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$504.186m
- Shares outstanding: 2.46b
- Website: https://www.andromet.com.au
- Andromeda Metals Limited
- 69 King William Road
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:01|
|End of Day Share Price||2021/10/15 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.