Battery Minerals Limited operates as a diversified mining development and minerals exploration company.
+ 1 more risk
Excellent balance sheet with limited growth.
Share Price & News
How has Battery Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BAT has not had significant price volatility in the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: BAT underperformed the Australian Metals and Mining industry which returned 6.2% over the past year.
Return vs Market: BAT underperformed the Australian Market which returned 15.5% over the past year.
Price Volatility Vs. Market
How volatile is Battery Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWho Has Been Buying Battery Minerals Limited (ASX:BAT) Shares?
1 month ago | Simply Wall StCan We See Significant Insider Ownership On The Battery Minerals Limited (ASX:BAT) Share Register?
2 months ago | Simply Wall StDoes Battery Minerals Limited (ASX:BAT) Have A High Beta?
Is Battery Minerals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BAT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BAT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BAT is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: BAT 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 BAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BAT is good value based on its PB Ratio (0.4x) compared to the AU Metals and Mining industry average (1.4x).
How is Battery Minerals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BAT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BAT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BAT's revenue (66.2% per year) is forecast to grow faster than the Australian market (4.1% per year).
High Growth Revenue: BAT's revenue (66.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BAT's Return on Equity is forecast to be low in 3 years time (19.2%).
How has Battery Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAT is currently unprofitable.
Growing Profit Margin: BAT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BAT is unprofitable, and losses have increased over the past 5 years at a rate of -23.5% per year.
Accelerating Growth: Unable to compare BAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BAT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.7%).
Return on Equity
High ROE: BAT has a negative Return on Equity (-83.48%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Battery Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: BAT's short term assets (A$7.1M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: BAT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BAT is debt free.
Reducing Debt: BAT has not had any debt for past 5 years.
Inventory Level: BAT has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BAT'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: BAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BAT has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of -40.7% each year.
What is Battery Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BAT'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 BAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BAT'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 BAT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Battery Minerals has no CEO, or we have no data on them.
|CFO & Joint Company Secretary||1.3yrs||AU$291.54k||no data|
|Chief Operating Officer||2.5yrs||AU$366.58k||no data|
|GM of Special Projects & Joint Company Secretary||3yrs||AU$285.01k||0.064% A$6.8k|
|Administration Manager||0yrs||no data||no data|
|General Counsel & Country Director of Mozambique||0.3yrs||no data||no data|
|Head of Marketing||1.3yrs||no data||no data|
|Chief Development Officer||0.3yrs||no data||no data|
Experienced Management: BAT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Lead Independent Director||0.8yrs||AU$136.49k||0.15% A$16.0k|
|Non-Executive Chairman||0.8yrs||AU$1.05m||0.53% A$56.0k|
|Non-Executive Director||0.8yrs||no data||0.30% A$32.0k|
Experienced Board: BAT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 85.8%.
Battery Minerals Limited's company bio, employee growth, exchange listings and data sources
- Name: Battery Minerals Limited
- Ticker: BAT
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$10.545m
- Shares outstanding: 1.32b
- Website: https://www.batteryminerals.com
- Battery Minerals Limited
- 10 Ord Street
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BAT||CHIA (Chi-X Australia)||NPV||AU||AUD||No data|
|BAT||ASX (Australian Securities Exchange)||NPV||AU||AUD||No data|
|BAT||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2012|
|BAT||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2012|
|0FS||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2012|
|BTRY.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2012|
Battery Minerals Limited operates as a diversified mining development and minerals exploration company. It primarily explores for graphite deposits. The company has interests in the Montepuez project and Balama Central projects located in Mozambique. It also engages in investing and corporate management activities in Australia. The company was formerly known as Metals of Africa Limited and changed its name to Battery Minerals Limited in December 2016. Battery Minerals Limited was incorporated in 2011 and is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 10:42|
|End of Day Share Price||2020/02/20 00:00|
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.