ASX:AUC

Stock Analysis Report

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Executive Summary

Ausgold Limited explores for gold and other precious metals. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

3.7%

AUC

-0.02%

AU Metals and Mining

-0.5%

AU Market


1 Year Return

229.4%

AUC

15.4%

AU Metals and Mining

-6.2%

AU Market

Return vs Industry: AUC exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: AUC exceeded the Australian Market which returned -5.4% over the past year.


Shareholder returns

AUCIndustryMarket
7 Day3.7%-0.02%-0.5%
30 Day51.4%2.6%6.8%
90 Day47.4%1.1%4.4%
1 Year229.4%229.4%20.8%15.4%-2.9%-6.2%
3 Year86.7%86.7%60.9%39.2%17.9%2.9%
5 Year82.4%75.0%143.5%97.1%43.9%14.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.43x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AUC is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.7x).


Next Steps

Future Growth

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

3.0%

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 Ausgold 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 Ausgold performed over the past 5 years?

9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUC is currently unprofitable.

Growing Profit Margin: AUC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AUC is unprofitable, but has reduced losses over the past 5 years at a rate of 9.2% per year.

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

Earnings vs Industry: AUC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).


Return on Equity

High ROE: AUC has a negative Return on Equity (-4.2%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ausgold's financial position?


Financial Position Analysis

Short Term Liabilities: AUC's short term assets (A$1.2M) exceed its short term liabilities (A$462.3K).

Long Term Liabilities: AUC's short term assets (A$1.2M) do not cover its long term liabilities (A$1.2M).


Debt to Equity History and Analysis

Debt Level: AUC is debt free.

Reducing Debt: AUC has not had any debt for 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: AUC has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AUC is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Ausgold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.5yrs

Average board tenure


CEO

Matthew Greentree

3.5yrs

Tenure

AU$306,359

Compensation

Dr. Matthew Greentree has been Managing Director and Director of Ausgold Limited since April 19, 2018. Dr. Greentree has been the Chief Executive Officer and President of Ausgold Limited since April 10, 20 ...


CEO Compensation Analysis

Compensation vs Market: Matthew's total compensation ($USD218.06K) is about average for companies of similar size in the Australian market ($USD274.65K).

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


Board Members

NamePositionTenureCompensationOwnership
Matthew Greentree
CEO, President3.5yrsAU$306.36k0.27%
A$ 196.0k
Denis Rakich
Executive Director & Company Secretary7.75yrsAU$238.43k1.46%
A$ 1.1m
Richard Lockwood
Non-Executive Chairman5.08yrsAU$50.72k3.77%
A$ 2.7m
Neil Fearis
Independent Non Executive Director4.5yrsno datano data
Geoffrey Jones
Non-Executive Director4.25yrsAU$44.12k0.48%
A$ 350.0k

4.5yrs

Average Tenure

67.5yo

Average Age

Experienced Board: AUC's board of directors are considered experienced (4.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: AUC 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 64.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Ausgold Limited
  • Ticker: AUC
  • Exchange: ASX
  • Founded: 2009
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$72.820m
  • Shares outstanding: 1.30b
  • Website: https://www.ausgoldlimited.com

Location

  • Ausgold Limited
  • AMP Building
  • Level 16
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2009
AUCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2009
AU4DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2009

Biography

Ausgold Limited explores for gold and other precious metals. The company’s flagship property is the Katanning gold project, which covers approximately 4,000 square kilometers located in Katanning greenston ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 10:40
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.