Adriatic Metals PLC, through its subsidiaries, engages in the mineral exploration and development business in Bosnia and Herzegovina.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.94|
|52 Week High||AU$2.01|
|52 Week Low||AU$3.35|
|1 Month Change||1.03%|
|3 Month Change||2.80%|
|1 Year Change||39.34%|
|3 Year Change||449.53%|
|5 Year Change||n/a|
|Change since IPO||1,407.69%|
Recent News & Updates
|ADT||AU Metals and Mining||AU Market|
Return vs Industry: ADT exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: ADT exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: ADT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ADT's weekly volatility (8%) has been stable over the past year.
About the Company
Adriatic Metals PLC, through its subsidiaries, engages in the mineral exploration and development business in Bosnia and Herzegovina. The company explores for zinc, lead, barite, gold, silver, and copper deposits. Its flagship project is the Vares Silver Project located in the Federation of Bosnia and Herzegovina.
Adriatic Metals Fundamentals Summary
|ADT fundamental statistics|
Is ADT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADT income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.053|
|Net Profit Margin||0.00%|
How did ADT perform over the long term?See historical performance and comparison
Is Adriatic Metals undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADT (A$2.94) is trading below our estimate of fair value (A$25.49)
Significantly Below Fair Value: ADT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ADT is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ADT 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 ADT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADT is overvalued based on its PB Ratio (7.4x) compared to the AU Metals and Mining industry average (2.6x).
How is Adriatic Metals forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: ADT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ADT's is expected to become profitable in the next 3 years.
Revenue vs Market: ADT is forecast to have no revenue next year.
High Growth Revenue: ADT is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADT's Return on Equity is forecast to be very high in 3 years time (59.8%).
How has Adriatic Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADT is currently unprofitable.
Growing Profit Margin: ADT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ADT is unprofitable, and losses have increased over the past 5 years at a rate of 65.8% per year.
Accelerating Growth: Unable to compare ADT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ADT 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: ADT has a negative Return on Equity (-23.48%), as it is currently unprofitable.
How is Adriatic Metals's financial position?
Financial Position Analysis
Short Term Liabilities: ADT's short term assets (£30.2M) exceed its short term liabilities (£4.6M).
Long Term Liabilities: ADT's short term assets (£30.2M) exceed its long term liabilities (£14.9M).
Debt to Equity History and Analysis
Debt Level: ADT's debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ADT's debt to equity ratio has reduced over the 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: Insufficient data to determine if ADT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ADT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Adriatic Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADT'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 ADT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADT'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 ADT'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
Paul Cronin (47 yo)
Mr. Paul David Cronin, B.Com., M.B.A., serves as the Non-Executive Director at Taruga Minerals Limited since July 26, 2020. He serves as Managing Director and Chief Executive Officer of Adriatic Metals PLC...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.18M) is above average for companies of similar size in the Australian market ($USD723.99K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
Experienced Management: ADT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: ADT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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 9.2%.
Adriatic Metals PLC's employee growth, exchange listings and data sources
- Name: Adriatic Metals PLC
- Ticker: ADT
- Exchange: ASX
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$630.174m
- Shares outstanding: 214.34m
- Website: https://www.adriaticmetals.com
Number of Employees
- Adriatic Metals PLC
- Regent House
- Ground Floor
- GL50 1HX
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:30|
|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.