ASX:AMG

Stock Analysis Report

Ausmex Mining Group

Executive Summary

Ausmex Mining Group Limited operates as a mineral exploration company in Australia.

Risk Analysis

Revenue has declined by 0% over the past year

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (A$1M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 3 more risks


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Ausmex Mining Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.5%

AMG

0.4%

AU Metals and Mining

0.7%

AU Market


1 Year Return

-15.5%

AMG

4.6%

AU Metals and Mining

15.8%

AU Market

Return vs Industry: AMG underperformed the Australian Metals and Mining industry which returned 6.6% over the past year.

Return vs Market: AMG underperformed the Australian Market which returned 15.3% over the past year.


Shareholder returns

AMGIndustryMarket
7 Day-12.5%0.4%0.7%
30 Day-31.0%-5.5%0.4%
90 Day-44.9%6.5%6.5%
1 Year-15.5%-15.5%10.0%4.6%21.0%15.8%
3 Yearn/a51.7%33.0%37.4%19.1%
5 Yearn/a84.0%40.8%50.7%17.1%

Price Volatility Vs. Market

How volatile is Ausmex Mining Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ausmex Mining Group undervalued compared to its fair value and its price relative to the market?

4.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AMG is overvalued based on its PB Ratio (4.5x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

-2.2%

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 Ausmex Mining Group 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.


Next Steps

Past Performance

How has Ausmex Mining Group performed over the past 5 years?

-92.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AMG is currently unprofitable.

Growing Profit Margin: AMG is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: AMG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.2%).


Return on Equity

High ROE: AMG has a negative Return on Equity (-146.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Ausmex Mining Group's financial position?


Financial Position Analysis

Short Term Liabilities: AMG's short term assets (A$6.2M) exceed its short term liabilities (A$1.3M).

Long Term Liabilities: AMG's short term assets (A$6.2M) exceed its long term liabilities (A$2.7M).


Debt to Equity History and Analysis

Debt Level: AMG's debt to equity ratio (15.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if AMG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: AMG has a high level of physical assets or inventory.

Debt Coverage by Assets: AMG's debt is covered by short term assets (assets are 7.9x debt).


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: AMG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AMG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -51.6% each year


Next Steps

Dividend

What is Ausmex Mining Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%5.4%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate AMG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMG'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 AMG'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?

2.9yrs

Average management tenure


CEO

Matt Morgan 0

3.1yrs

Tenure

AU$505,108

Compensation

Mr. Matthew Paul Morgan, also known as Matt, B.Sc., serves as Managing Director at Ausmex Mining Group Limited and Ausmex Mining Limited. Mr. Morgan serves as Chief Executive Officer of Auminco Mines Limit ...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD337.98K) is above average for companies of similar size in the Australian market ($USD254.81K).

Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Morgan
MD & Executive Director3.1yrsAU$505.11k4.58% A$1.2m
Geoffrey Kidd
COO & Executive Director3.1yrsAU$48.00k0.033% A$8.6k
Matthew Suttling
Chief Financial Officer3.1yrsno data1.72% A$444.7k
Mientze Tang
Company Secretary2.8yrsno data0.80% A$207.2k

2.9yrs

Average Tenure

Experienced Management: AMG's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matthew Morgan
MD & Executive Director3.1yrsAU$505.11k4.58% A$1.2m
Geoffrey Kidd
COO & Executive Director3.1yrsAU$48.00k0.033% A$8.6k
Andrew Firek
Non-Executive Director3.1yrsAU$48.00k3.74% A$966.7k
Joseph Goldberg
Non-Executive Chairman2.5yrsAU$124.04kno data
Aaron Day
Non-Executive Director1.6yrsAU$326.21k0.014% A$3.7k

3.1yrs

Average Tenure

Experienced Board: AMG's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AMG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.


Top Shareholders

Company Information

Ausmex Mining Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ausmex Mining Group Limited
  • Ticker: AMG
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$25.864m
  • Shares outstanding: 527.84m
  • Website: https://www.ausmexgroup.com.au

Location

  • Ausmex Mining Group Limited
  • 309 Kent Street
  • Level 14
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMGASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 2017
AMGCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 2017

Biography

Ausmex Mining Group Limited operates as a mineral exploration company in Australia. It explores for copper, gold, and cobalt deposits. The company owns interests in the Evening Star project consisting of three mining leases located to the southeast of Cloncurry; Gilded Rose project located to the east-southeast of Cloncurry; and Mt Freda project located to the southeast of Cloncurry, Queensland. It also owns interests in the Burra projects located in South Australia. The company is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 10:50
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.