How does ANX's PB Ratio compare to its peers?

ANX is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (1.9x).

How does ANX's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

ANX is good value based on its Price-To-Book Ratio (0.4x) compared to the Australian Metals and Mining industry average (1.1x).

What is ANX's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ANX's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of ANX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate ANX's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Anax Metals (ASX:ANX) - Stock Price, News & Analysis

ANX Stock Overview

Engages in the exploration, evaluation, and development of mineral properties in Australia. More details

ANX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 25.1% per year over past 5 years

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$9M)

+ 1 more risk

Anax Metals Limited Competitors

Greenwing Resources

ASX:GW1

AU$9.4m

LCL Resources

ASX:LCL

AU$8.7m

Coolabah Metals

ASX:CBH

AU$9.4m

Aurora Energy Metals

ASX:1AE

AU$9.7m

Price History & Performance

Summary of all time highs, changes and price drops for Anax Metals
Historical stock prices
Current Share Price	AU$0.01
52 Week High	AU$0.067
52 Week Low	AU$0.01
Beta	3.29
11 Month Change	-16.67%
3 Month Change	-55.56%
1 Year Change	-64.29%
33 Year Change	-88.51%
5 Year Change	-10.00%
Change since IPO	-95.71%

Recent updates

Anax Metals' (ASX:ANX) Returns On Capital Are Heading Higher

Sep 29

Shareholder Returns

	ANX	AU Metals and Mining	AU Market
7D	-9.1%	0.1%	1.2%
1Y	-64.3%	-9.9%	19.7%

Return vs Industry: ANX underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: ANX underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is ANX's price volatile compared to industry and market?
ANX volatility
ANX Average Weekly Movement	12.7%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: ANX's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: ANX's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2003	n/a	Geoff Laing	www.anaxmetals.com.au

Anax Metals Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for gold, silver, iron ore, copper, zinc, lead, nickel, cobalt, platinum, and base metal deposits. The company’s flagship project is the Whim Creek project located in the Central Pilbara region of Western Australia.

Anax Metals Limited Fundamentals Summary

How do Anax Metals's earnings and revenue compare to its market cap?
ANX fundamental statistics
Market cap	AU$8.71m
Earnings (TTM)	-AU$2.79m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.1x

P/E Ratio

Is ANX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ANX income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$2.79m
Earnings	-AU$2.79m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0032
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ANX perform over the long term?

See historical performance and comparison

ANX Stock Overview

Risk Analysis

Anax Metals Limited Competitors

ASX:GW1

AU$9.4m

ASX:LCL

AU$8.7m

ASX:CBH

AU$9.4m

ASX:1AE

AU$9.7m

Price History & Performance

Recent News & Updates

Anax Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.544761 million.

New major risk - Financial position

New minor risk - Financial data availability

New major risk - Shareholder dilution

Anax Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

New major risk - Share price stability

Recent updates

Anax Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.544761 million.

New major risk - Financial position

New minor risk - Financial data availability

New major risk - Shareholder dilution

Anax Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

New major risk - Share price stability

Insufficient new directors

Anax Metals Limited, Annual General Meeting, Mar 28, 2024

Anax Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.085989 million.

MD, CEO & Director exercised options to buy AU$73k worth of stock.

Anax Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.78548 million.

New minor risk - Financial data availability

New minor risk - Financial data availability

Anax Metals Limited, Annual General Meeting, Nov 27, 2023

New minor risk - Shareholder dilution

Anax Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1005 million.

Anax Metals Limited Completes 3,010m of Reverse Circulation Exploration Drilling During the 2022 Field Season At the Whim Creek Project in the Central Pilbara Region of Western Australia

Anax Metals Limited Provides an Update on the Project Permitting Status and Definitive Feasibility Study for the Whim Creek Project

Anax Metals Limited, Annual General Meeting, Nov 28, 2022

Anax Metals' (ASX:ANX) Returns On Capital Are Heading Higher

Anax Metals Limited Announces Significant Increase for Salt Creek Resource

Anax Metals Limited Concludes Its Reverse Circulation Exploration Drilling Programme At the Whim Creek Project (The Project) in the Central Pilbara Region of Western Australia

Anax Metals Limited Concludes Its Reverse Circulation Exploration Drilling Programme At the Whim Creek Project (The Project) in the Central Pilbara Region of Western Australia

Anax Metals Limited Announces High-Grade Gold in Rock Chips At Hemi-Style HLF Prospect

Anax Metals Limited Announces Outstanding Assay Results Confirm Massive Sulphide Intersections At Whim Creek Project

Anax Metals Limited Announces Loudens Patch and Mount Short Exploration Update

Anax Metals Limited, Annual General Meeting, May 18, 2022

Anax Metals Limited Prioritizes Several Near-Mine Base Metal Targets for RC Exploration Drilling At the Whim Creek Copper-Zinc Project

Anax Metals Limited Commences Whim Creek Drilling

Anax Metals Limited announced that it expects to receive AUD 4 million in funding

Anax Metals Limited Announces 2012 Mineral Resource Estimate for the High-Grade Evelyn Deposit and the Results of the Updated Scoping Study for the Whim Creek Project

MD, CEO & Director exercised options to buy AU$243k worth of stock.

Anax Metals Limited Announces Excellent Results from Heap Leach Test Work

Anax Metals Limited Provides Update on the Status of Regulatory Applications and Infrastructure Refurbishment Completed Thus Far at its 80% Owned Whim Creek Project

Anax Metals Limited Announces JORC 2012 Mineral Resource for the Whim Creek Deposit (Deposit) at the Whim Creek Copper-Zinc Project in the West Pilbara Region of Western Australia

Anax Metals Limited Announces Gold Exploration Field Work Commences At Whim Creek

Anax Metals Limited Announces Outstanding Drilling Results At Whim Creek, Northern Pilbara

Anax Metals Limited Completes Its 80% Earn-In Interest in the Whim Creek Copper-Zinc Project (The 'Whim Creek Project') Under the Earn-In and Joint Venture Agreement

Anax Metals Limited Announces Highly Successful Phase 1 Ore-Sorting Testwork Results At the Whim Creek Copper- Zinc Project, in the Pilbara Region of Western Australia

Anax Metals Limited Announces the Gold Exploration Commences At the Whim Creek Project Joint Venture

Shareholder Returns

Price Volatility

About the Company

Anax Metals Limited Fundamentals Summary

0.0x

-3.1x

Earnings & Revenue