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ANX

Anax MetalsASX:ANX Stock Report

Market Cap

AU$38.5m

7D

11.7%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials
ANX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

ANX Overview

Anax Metals Limited engages in the exploration and evaluation of mineral properties in Australia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Anax Metals
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.034
52 Week LowAU$0.12
Beta4.1
1 Month Change-4.55%
3 Month Change52.17%
1 Year Changen/a
3 Year Change329.55%
5 Year Change38.97%
Change since IPO-55.00%

Recent News & Updates

Shareholder Returns

ANXAU Metals and MiningAU Market
7D11.7%3.9%1.7%
1Yn/a13.3%20.3%

Return vs Industry: Insufficient data to determine how ANX performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how ANX performed against the Australian Market.

Price Volatility

Is ANX's price volatile compared to industry and market?
ANX volatility
ANX Beta4.1
Industry Beta0.97
Market Beta1

Stable Share Price: ANX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: ANX's weekly volatility has decreased from 18% to 12% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2003n/aGeoff Lainghttps://www.anaxmetals.com.au

Anax Metals Limited engages in the exploration and evaluation of mineral properties in Australia and internationally. The company explores for gold, silver, copper, zinc, lead, diamonds, and other precious and base metal deposits. Its flagship project is the Whim Creek project located in the Pilbara region of Western Australia.

Anax Metals Fundamentals Summary

How do Anax Metals's earnings and revenue compare to its market cap?
ANX fundamental statistics
Market CapAU$38.52m
Earnings (TTM)AU$241.15k
Revenue (TTM)n/a

154.4x

P/E Ratio

0x

P/S Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ANX (A$0.11) is trading below our estimate of fair value (A$0.25)

Significantly Below Fair Value: ANX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ANX is poor value based on its PE Ratio (154.4x) compared to the Australian Metals and Mining industry average (14.7x).

PE vs Market: ANX is poor value based on its PE Ratio (154.4x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ANX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ANX is overvalued based on its PB Ratio (2.9x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Anax Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

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 Anax 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.


Past Performance

How has Anax Metals performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANX has a large one-off loss of A$90.9K impacting its June 30 2021 financial results.

Growing Profit Margin: Insufficient data to determine if ANX's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: ANX has become profitable over the past 5 years, growing earnings by 5.3% per year.

Accelerating Growth: ANX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ANX had negative earnings growth (-87.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (35.3%).


Return on Equity

High ROE: ANX's Return on Equity (1.9%) is considered low.


Financial Health

How is Anax Metals's financial position?


Financial Position Analysis

Short Term Liabilities: ANX's short term assets (A$9.4M) exceed its short term liabilities (A$4.5M).

Long Term Liabilities: ANX's short term assets (A$9.4M) do not cover its long term liabilities (A$18.2M).


Debt to Equity History and Analysis

Debt Level: ANX is debt free.

Reducing Debt: ANX has not had any debt for past 5 years.

Debt Coverage: ANX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ANX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ANX'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 ANX'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 management tenure


CEO

Geoff Laing

3.58yrs

Tenure

AU$394,447

Compensation

Mr. Geoffrey Michael Huyshe Laing also known as Geoff, BSc, MBA, MAusIMM, has been Managing Director of Anax Metals Limited (Formerly, Aurora Minerals Limited) since July 1, 2018 and has been its Chief Exe...


CEO Compensation Analysis

Compensation vs Market: Geoff's total compensation ($USD292.33K) is about average for companies of similar size in the Australian market ($USD301.95K).

Compensation vs Earnings: Geoff's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: ANX's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: ANX's board of directors are considered experienced (5.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 66.1%.


Top Shareholders

Company Information

Anax Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Anax Metals Limited
  • Ticker: ANX
  • Exchange: ASX
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$38.520m
  • Shares outstanding: 350.18m
  • Website: https://www.anaxmetals.com.au

Number of Employees


Location

  • Anax Metals Limited
  • 20 Kings Park Road
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:01
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.