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BAT

Battery MineralsASX:BAT Stock Report

Market Cap

AU$29.4m

7D

0%

1Y

-33.3%

Updated

17 Oct, 2021

Data

Company Financials
BAT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

BAT Overview

Battery Minerals Limited operates as a diversified mining development and minerals exploration company.

Battery Minerals Competitors

Antipa Minerals

ASX:AZY

AU$156.9m

Encounter Resources

ASX:ENR

AU$69.7m

St George Mining

ASX:SGQ

AU$44.2m

Sipa Resources

ASX:SRI

AU$11.6m

Price History & Performance

Summary of all time highs, changes and price drops for Battery Minerals
Historical stock prices
Current Share PriceAU$0.014
52 Week HighAU$0.011
52 Week LowAU$0.04
Beta-0.25
1 Month Change-3.45%
3 Month Change-17.65%
1 Year Change-33.33%
3 Year Change-46.15%
5 Year Change-86.67%
Change since IPO-93.91%

Recent News & Updates

Sep 01
Companies Like Battery Minerals (ASX:BAT) Are In A Position To Invest In Growth

Companies Like Battery Minerals (ASX:BAT) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

May 18
Here's Why We're Not Too Worried About Battery Minerals' (ASX:BAT) Cash Burn Situation

Here's Why We're Not Too Worried About Battery Minerals' (ASX:BAT) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. By way of example, Battery Minerals...

Shareholder Returns

BATAU Metals and MiningAU Market
7D0%4.3%0.9%
1Y-33.3%12.2%20.2%

Return vs Industry: BAT underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: BAT underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is BAT's price volatile compared to industry and market?
BAT volatility
BAT Beta-0.25
Industry Beta0.97
Market Beta1

Stable Share Price: BAT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: BAT's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011n/an/ahttps://www.batteryminerals.com

Battery Minerals Limited operates as a diversified mining development and minerals exploration company. It primarily explores for graphite deposits. The company primarily has interests in the Montepuez and Balama Central projects located in Mozambique.

Battery Minerals Fundamentals Summary

How do Battery Minerals's earnings and revenue compare to its market cap?
BAT fundamental statistics
Market CapAU$29.44m
Earnings (TTM)-AU$7.47m
Revenue (TTM)AU$67.68k

466.7x

P/S Ratio

-3.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BAT income statement (TTM)
RevenueAU$67.68k
Cost of RevenueAU$0
Gross ProfitAU$67.68k
ExpensesAU$7.54m
Earnings-AU$7.47m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0036
Gross Margin100.00%
Net Profit Margin-11,035.68%
Debt/Equity Ratio6.1%

How did BAT perform over the long term?

See historical performance and comparison

Valuation

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

1.51x

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 Australian 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 (1.5x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.3%

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 Battery Minerals 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.


Past Performance

How has Battery Minerals performed over the past 5 years?

-16.4%

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 16.4% 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 (35.3%).


Return on Equity

High ROE: BAT has a negative Return on Equity (-38.35%), as it is currently unprofitable.


Financial Health

How is Battery Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BAT's short term assets (A$4.8M) exceed its short term liabilities (A$1.9M).

Long Term Liabilities: BAT's short term assets (A$4.8M) exceed its long term liabilities (A$132.0K).


Debt to Equity History and Analysis

Debt Level: BAT's debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BAT's debt to equity ratio has reduced over the 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: BAT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.4% each year


Dividend

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 recent payouts.

High Dividend: Unable to evaluate BAT'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 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Battery Minerals has no CEO, or we have no data on them.


Leadership Team

Experienced Management: BAT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: BAT's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 59.6%.


Top Shareholders

Company Information

Battery Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Battery Minerals Limited
  • Ticker: BAT
  • Exchange: ASX
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$29.445m
  • Shares outstanding: 2.10b
  • Website: https://www.batteryminerals.com

Location

  • Battery Minerals Limited
  • 10 Ord Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:02
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.