ASX:AQD

Stock Analysis Report

Executive Summary

AusQuest Limited explores and evaluates mineral resources in Australia and Peru.

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (A$924K)

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

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

+ 1 more risk


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

AQD

-1.8%

AU Metals and Mining

-2.0%

AU Market


1 Year Return

-45.8%

AQD

20.1%

AU Metals and Mining

16.7%

AU Market

Return vs Industry: AQD underperformed the Australian Metals and Mining industry which returned 20.1% over the past year.

Return vs Market: AQD underperformed the Australian Market which returned 16.7% over the past year.


Shareholder returns

AQDIndustryMarket
7 Day0%-1.8%-2.0%
30 Day0%-1.3%0.1%
90 Day0%-1.2%0.4%
1 Year-45.8%-45.8%28.9%20.1%22.5%16.7%
3 Year116.7%116.7%53.6%32.6%35.4%16.8%
5 Year64.3%62.5%105.1%56.6%60.6%24.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AQD is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

1.5%

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 AusQuest 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 AusQuest performed over the past 5 years?

26.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AQD is currently unprofitable.

Growing Profit Margin: AQD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AQD is unprofitable, but has reduced losses over the past 5 years at a rate of 26.1% per year.

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

Earnings vs Industry: AQD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (7.8%).


Return on Equity

High ROE: AQD has a negative Return on Equity (-4.68%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is AusQuest's financial position?


Financial Position Analysis

Short Term Liabilities: AQD's short term assets (A$2.4M) exceed its short term liabilities (A$1.5M).

Long Term Liabilities: AQD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AQD is debt free.

Reducing Debt: AQD has no debt compared to 5 years ago when its debt to equity ratio was 0.06%.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if AQD's debt is covered by short term assets.


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

Forecast Cash Runway: AQD has less than a year of cash runway if free cash flow continues to reduce at historical rates of -62.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if AQD'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 AQD's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of AusQuest's salary, the management and board of directors tenure and is there insider trading?

13.1yrs

Average board tenure


CEO

Graeme Drew 0

0yrs

Tenure

AU$219,000

Compensation

Mr. Graeme Drew, B.Sc.Hons., FAIMM, MASEG is a Co-Founder of AusQuest Limited and serves as its Managing Director and also has been its Executive Director since February 15, 2000. Mr. Drew has over 36 year ...


CEO Compensation Analysis

Compensation vs Market: Graeme's total compensation ($USD150.08K) is below average for companies of similar size in the Australian market ($USD255.57K).

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


Board Age and Tenure

13.1yrs

Average Tenure

Experienced Board: AQD's board of directors are seasoned and experienced ( 13.1 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyAU$436,41019 Nov 19
Christopher Ellis
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares31,173,734
Max PriceAU$0.014
BuyAU$47,43619 Nov 19
Graeme Drew
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares3,388,491
Max PriceAU$0.014
BuyAU$32,50004 Jul 19
Gregory Hancock
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares2,500,000
Max PriceAU$0.013
SellAU$32,50004 Jul 19
Gregory Hancock
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares2,500,000
Max PriceAU$0.013

Ownership Breakdown

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


Management Team

  • Dave Jackson

    Geological Consultant

    • Tenure: 0yrs
  • Jim Thornett

    Geological Consultant

    • Tenure: 0yrs
  • Adrienne Meakins

    Geological Consultant

    • Tenure: 0yrs
  • Graeme Drew

    MD & Director

    • Tenure: 0yrs
    • Compensation: AU$219.00k
  • Richard Hatfield

    Geological Consultant

    • Tenure: 0yrs
  • Henko Vos

    Company Secretary

    • Tenure: 5.3yrs
  • Michael Sherington

    Geological Consultant

    • Tenure: 4.2yrs
  • Grant Boxer

    Geological Consultant

    • Tenure: 0yrs
  • Peter Walker

    Geological Consultant

    • Tenure: 0yrs

Board Members

  • Greg Hancock (68yo)

    Non-Executive Chairman

    • Tenure: 10.1yrs
    • Compensation: AU$48.00k
  • Chris Ellis

    Non-Executive Director

    • Tenure: 13.1yrs
  • Graeme Drew

    MD & Director

    • Tenure: 0yrs
    • Compensation: AU$219.00k

Company Information

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


Key Information

  • Name: AusQuest Limited
  • Ticker: AQD
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$8.792m
  • Shares outstanding: 676.33m
  • Website: https://www.ausquest.com.au

Location

  • AusQuest Limited
  • 8 Kearns Crescent
  • Ardross
  • Western Australia
  • 6153
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AQDASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2003
AQDCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2003

Biography

AusQuest Limited explores and evaluates mineral resources in Australia and Peru. It explores for a range of commodities and minerals, including magmatic nickel-copper-platinum group element sulphides, copp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/07 10:32
End of Day Share Price2019/12/05 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.