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

AZS is expensive based on its Price-To-Book Ratio (13x) compared to the peer average (1.6x).

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

AZS is expensive based on its Price-To-Book Ratio (13x) compared to the Australian Metals and Mining industry average (1.1x).

What is AZS'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 AZS's Price-To-Book Fair Ratio for valuation analysis.

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

Insufficient data to calculate AZS'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.

Azure Minerals (ASX:AZS) - Stock Price, News & Analysis

AZS Stock Overview

Azure Minerals Limited engages in the exploration of precious and base minerals in Australia. More details

AZS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 35.4% per year over past 5 years

Does not have meaningful revenue (A$2M)

Shareholders have been diluted in the past year

Azure Minerals Limited Competitors

Vulcan Energy Resources

ASX:VUL

AU$1.2b

AVZ Minerals

ASX:AVZ

AU$2.8b

Develop Global

ASX:DVP

AU$527.9m

Lithium Power International

ASX:LPI

AU$361.9m

Price History & Performance

Summary of all time highs, changes and price drops for Azure Minerals
Historical stock prices
Current Share Price	AU$3.69
52 Week High	AU$4.37
52 Week Low	AU$0.43
Beta	3.01
11 Month Change	7.58%
3 Month Change	1.65%
1 Year Change	638.00%
33 Year Change	1,217.86%
5 Year Change	3,627.27%
Change since IPO	-30.38%

Recent updates

Here's Why We Think Azure Minerals Limited's (ASX:AZS) CEO Compensation Looks Fair for the time being

Nov 08

We Think Shareholders Will Probably Be Generous With Azure Minerals Limited's (ASX:AZS) CEO Compensation

Nov 16

Shareholder Returns

	AZS	AU Metals and Mining	AU Market
7D	0%	-0.9%	1.5%
1Y	638.0%	-12.8%	17.2%

Return vs Industry: AZS exceeded the Australian Metals and Mining industry which returned -4.5% over the past year.

Return vs Market: AZS exceeded the Australian Market which returned 9.6% over the past year.

Price Volatility

Is AZS's price volatile compared to industry and market?
AZS volatility
AZS Average Weekly Movement	3.9%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: AZS has not had significant price volatility in the past 3 months.

Volatility Over Time: AZS's weekly volatility has decreased from 13% to 4% over the past year.

About the Company

Founded	Employees	CEO	Website
2003	n/a	Tony Rovira	www.azureminerals.com.au

Azure Minerals Limited engages in the exploration of precious and base minerals in Australia. The company primarily explores for nickel, cobalt, gold, and copper deposits. Its flagship project is the Andover project covering 108 square kilometers and located in the West Pilbara region of Western Australia.

Azure Minerals Limited Fundamentals Summary

How do Azure Minerals's earnings and revenue compare to its market cap?
AZS fundamental statistics
Market cap	AU$1.69b
Earnings (TTM)	-AU$49.90m
Revenue (TTM)	AU$1.57m

1,077x

P/S Ratio

-33.9x

P/E Ratio

Is AZS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AZS income statement (TTM)
Revenue	AU$1.57m
Cost of Revenue	AU$0
Gross Profit	AU$1.57m
Other Expenses	AU$51.47m
Earnings	-AU$49.90m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	100.00%
Net Profit Margin	-3,175.44%
Debt/Equity Ratio	0%

How did AZS perform over the long term?

See historical performance and comparison

AZS Stock Overview

Risk Analysis

Azure Minerals Limited Competitors

ASX:VUL

AU$1.2b

ASX:AVZ

AU$2.8b

ASX:DVP

AU$527.9m

ASX:LPI

AU$361.9m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

Azure Minerals Limited(ASX:AZS) dropped from S&P Global BMI Index

Price target decreased by 16% to AU$3.70

Less than half of directors are independent

Non-Executive Director exercised options to buy AU$3.9m worth of stock.

SQM Australia Pty Ltd entered an agreement to acquire Azure Minerals Limited (ASX:AZS) for AUD 1.5 billion

Recent updates

New major risk - Revenue and earnings growth

Azure Minerals Limited(ASX:AZS) dropped from S&P Global BMI Index

Price target decreased by 16% to AU$3.70

Less than half of directors are independent

Non-Executive Director exercised options to buy AU$3.9m worth of stock.

SQM Australia Pty Ltd entered an agreement to acquire Azure Minerals Limited (ASX:AZS) for AUD 1.5 billion

Azure Minerals Limited, Annual General Meeting, Nov 30, 2023

Price target decreased by 14% to AU$4.43

New major risk - Revenue and earnings growth

Azure Minerals Limited, Annual General Meeting, Oct 06, 2023

New minor risk - Share price stability

Azure Minerals Limited Announces Several Diamond Holes Drilled in Late 2022, Testing Nickel Targets on Andover Project

Azure Minerals Limited Announces to Deliver the Maiden Mineral Resource Estimate for the Ridgeline Deposit

Azure Minerals Limited Announces Outstanding Lithium Grades at Andover to Drive Quarter 1 Drilling

Azure Minerals Limited Announces Recently Completes the Next Stage of Gold Exploration At its 100%-Owned Barton Gold Project, Located in the World-Class Kookynie-Leonora-Laverton Gold Province of Western Australia's Eastern Goldfields

Azure Minerals Limited Announces Highest Grade Nickel Intersection to Date from Ridgeline

Less than half of directors are independent

Azure Minerals Limited Announces Lithium Exploration Update At Andover

Here's Why We Think Azure Minerals Limited's (ASX:AZS) CEO Compensation Looks Fair for the time being

Azure Minerals Limited Announces High Grade Assay Results Continue to Be Received from Drilling at the Ridgeline Ni-Cu-Co Sulphide Deposit

Azure Minerals Limited Announces High Grade Nickel and Copper on New Andover Tenements

Azure Minerals Limited Announces High Grade Lithium At Andover

Azure Minerals Limited Receives $220,000 Co-Funded Drilling Grant from WA Government

Azure Minerals Limited Announces the Identification of Numerous Lithium, Caesium and Tantalum (LCT) Pegmatites Within the Andover Project

Azure Minerals Limited and Croydon Gold Pty Ltd, Make Joint Applications for Two New Exploration Licences

Azure Minerals Limited, Annual General Meeting, Nov 15, 2022

Bendito Resources Inc. completed the acquisition of Azure Mexico Pty Ltd, Minera Piedra Azul S.A. de C.V., Minera Capitana S.A. de C.V. and Minera Tlali S.A.P.I. de C.V. from Azure Minerals Limited (ASX:AZS).

Azure Minerals Limited Announces Receives Further High-Grade Assay Results and Promising Visually Identified Mineralised Intersections

Bendito Resources Inc entered into an agreement to acquire Azure Mexico Pty Ltd, Minera Piedra Azul S.A. de C.V., Minera Capitana S.A. de C.V. and Minera Tlali S.A.P.I. de C.V. from Azure Minerals Limited (ASX:AZS) for AUD 20 million.

Azure Minerals Limited Provides Geology and Exploration Strategy Update for the Andover Project in the West Pilbara Region of Western Australia

Azure Minerals Limited Announces That Gold Mineralisation Intersected in Maiden Barton Drilling

Less than half of directors are independent

Azure Minerals Limited Announces Azure Delivers Maiden Mineral Resource for Andover

Azure Minerals Limited Announces High-Grade Results Continue from Andover Ni-Cu Deposit

Azure Minerals Limited Announces Commencement of Its Maiden Drilling Program at the Barton Gold Project

Azure Minerals Limited Announces Andover Drilling Continues to Deliver More Nickel & Copper Hits

Azure Minerals Limited Makes New Discovery at Andover

Executive MD exercised options to buy AU$163k worth of stock.

We Think Shareholders Will Probably Be Generous With Azure Minerals Limited's (ASX:AZS) CEO Compensation

Azure Minerals Limited Announces Some of High Grade Results Received to Date from Drilling At the VC-07 East Ni-Cu Deposit on the Andover Project

Azure Minerals Limited Advises the Barton Exploration Licence E40/393 (100% Azure)

Non-Executive Independent Director Peter Anthony Ingram has left the company

Non-Executive Independent Director recently bought AU$59k worth of stock

Azure Minerals Limited Announces Update on Seven More Holes Intersect Ni-Cu Sulphides At Andover

Azure Minerals Limited Announces Strategic Review of Mexican Assets

Azure Minerals Limited Announces Drilling in the Western Part of Andover Ni-Cu Project

Azure Minerals Limited Provides an Update on Ongoing Drilling Campaign At VC-07 Prospect At Andover Ni-Cu Project, Located in the West Pilbara Region of Western Australia

Azure Minerals Limited Announces Executive Changes

Azure Minerals Limited Announces Resignation of Wayne Bramwell as Director

Non-Executive Director has left the company

Azure Minerals Limited Provides Update on Ongoing Drilling Campaign at VC-07 Prospect at Andover Ni-Cu Project, Located in the West Pilbara Region of Western Australia

New 90-day low: AU$0.45

Azure Minerals Limited Announces the Ongoing Drilling Campaign

Azure Minerals Limited Reports Nickel-Copper Sulphides Intersected At Second Andover Prospect

Azure Minerals Limited Announces That Diamond Drilling Has Recommenced on the Andover Ni-Cu Project Located in the West Pilbara Region of Western Australia

Azure Minerals Limited Announces Andover Continues to Deliver Strong Nickel Results

Azure Minerals Limited Provides Andover Drilling Update

Executive MD exercised options to buy AU$495k worth of stock.

Non-Executive Independent Director exercised options to buy AU$830k worth of stock.

Azure Minerals Limited Reports Results of Andover Ni-Cu Project