ASX:AML

Stock Analysis Report

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Executive Summary

Aeon Metals Limited explores for and develops mineral properties in Australia.


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Aeon Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

12.0%

AML

3.7%

AU Metals and Mining

2.7%

AU Market


1 Year Return

-59.6%

AML

6.4%

AU Metals and Mining

-6.6%

AU Market

Return vs Industry: AML underperformed the Australian Metals and Mining industry which returned 6.4% over the past year.

Return vs Market: AML underperformed the Australian Market which returned -6.6% over the past year.


Shareholder returns

AMLIndustryMarket
7 Day12.0%3.7%2.7%
30 Day0%17.8%12.2%
90 Day-15.5%13.6%-2.8%
1 Year-59.6%-59.6%12.0%6.4%-2.7%-6.6%
3 Year-35.9%-35.9%70.7%47.2%18.2%2.6%
5 Year16.3%16.3%98.6%58.5%33.2%4.4%

Price Volatility Vs. Market

How volatile is Aeon Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Aeon Metals undervalued compared to its fair value and its price relative to the market?

0.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AML is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Aeon Metals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

133.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AML is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: AML is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AML's is expected to become profitable in the next 3 years.

Revenue vs Market: Insufficient data to determine if AML's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if AML's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AML's Return on Equity is forecast to be low in 3 years time (19.6%).


Next Steps

Past Performance

How has Aeon Metals performed over the past 5 years?

-1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AML is currently unprofitable.

Growing Profit Margin: AML is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AML is unprofitable, and losses have increased over the past 5 years at a rate of -1.7% per year.

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

Earnings vs Industry: AML is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).


Return on Equity

High ROE: AML has a negative Return on Equity (-5.31%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aeon Metals's financial position?


Financial Position Analysis

Short Term Liabilities: AML's short term assets (A$2.7M) do not cover its short term liabilities (A$14.8M).

Long Term Liabilities: AML has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AML's debt to equity ratio (20.5%) is considered satisfactory.

Reducing Debt: AML's debt to equity ratio has reduced from 41.4% to 20.5% over the 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: AML has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AML has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Aeon Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.6yrs

Average board tenure


CEO

Hamish Collins (49yo)

8.25yrs

Tenure

AU$421,924

Compensation

Mr. Hamish E. Collins, BEng (Mining) Hons, has been the Managing Director at Aeon Metals Limited since March 28, 2012 and also serves as its CEO. Mr. Collins served as an Interim Company Secretary of Timpe ...


CEO Compensation Analysis

Compensation vs Market: Hamish's total compensation ($USD292.76K) is about average for companies of similar size in the Australian market ($USD261.38K).

Compensation vs Earnings: Hamish's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Hamish Collins
MD, CEO & Director8.25yrsAU$421.92k0.14% A$83.1k
Ivan S. Wong
Non-Executive Director3.92yrsAU$54.75k0.42% A$250.5k
Frederick Hess
Independent Non-Executive Director0.92yrno data0.37% A$220.0k
Andrew Greville
Independent Non Executive Director0.083yrno datano data
Paul Harris
Non Executive Chairman3.58yrsAU$192.83k0.40% A$236.9k

3.6yrs

Average Tenure

53.5yo

Average Age

Experienced Board: AML's board of directors are considered experienced (3.6 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aeon Metals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aeon Metals Limited
  • Ticker: AML
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$59.626m
  • Shares outstanding: 677.57m
  • Website: https://www.aeonmetals.com.au

Location

  • Aeon Metals Limited
  • 88 Pitt Street
  • Level 7
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2007
AMLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2007
AEOM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2007

Biography

Aeon Metals Limited explores for and develops mineral properties in Australia. The company primarily explores for copper, cobalt, gold, lead, zinc, molybdenum, silver, and base metal deposits. Its flagship property is the Walford Creek project comprising 4 exploration permits covering an area of 211.6 square kilometers located in northwest Queensland. The company was formerly known as Aussie Q Resources Limited and changed its name to Aeon Metals Limited in August 2012. Aeon Metals Limited was incorporated in 2006 and is headquartered in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 10:37
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
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.