ASX:CAD

Stock Analysis Report

Executive Summary

Caeneus Minerals Ltd operates as a mineral exploration and development company in Australia and the United States.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

CAD

-3.4%

AU Metals and Mining

-3.6%

AU Market


1 Year Return

-90.0%

CAD

1.9%

AU Metals and Mining

10.9%

AU Market

Return vs Industry: CAD underperformed the Australian Metals and Mining industry which returned 1.9% over the past year.

Return vs Market: CAD underperformed the Australian Market which returned 10.9% over the past year.


Shareholder returns

CADIndustryMarket
7 Day0%-3.4%-3.6%
30 Day-33.3%-7.9%-3.7%
90 Day0%-1.1%-0.2%
1 Year-90.0%-90.0%7.0%1.9%15.6%10.9%
3 Year-97.5%-97.5%53.6%33.1%34.1%16.0%
5 Year-99.2%-99.2%77.9%36.2%44.9%12.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Caeneus Minerals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Caeneus Minerals has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CAD’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Caeneus Minerals regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

-1.0%

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 Caeneus 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.


Next Steps

Past Performance

How has Caeneus Minerals performed over the past 5 years?

-14.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAD is currently unprofitable.

Growing Profit Margin: CAD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CAD is unprofitable, and losses have increased over the past 5 years at a rate of -14.6% per year.

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

Earnings vs Industry: CAD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (24.1%).


Return on Equity

High ROE: CAD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Caeneus Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: CAD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CAD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CAD is debt free.

Reducing Debt: CAD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CAD'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: CAD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CAD has less than a year of cash runway if free cash flow continues to reduce at historical rates of -34.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

2.3yrs

Average board tenure


CEO

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


Board Members

NamePositionTenureCompensationOwnership
Johnathon Busing
Company Secretary & Non-Executive Director2.3yrsAU$141.64kno data
David Sanders
Non-Executive Director1.2yrsAU$23.00kno data
Peter Christie
Chairman of the Board2.3yrsAU$50.00k0.94% A$25.0k

2.3yrs

Average Tenure

Experienced Board: CAD's board of directors are not considered experienced ( 2.3 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: CAD 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 147.3%.


Top Shareholders

Company Information

Caeneus Minerals Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Caeneus Minerals Ltd
  • Ticker: CAD
  • Exchange: ASX
  • Founded: 1998
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$2.649m
  • Shares outstanding: 2.65b
  • Website: https://www.caeneus.com.au

Location

  • Caeneus Minerals Ltd
  • 168 Stirling Highway
  • Ground Floor
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CADASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2000
MXBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2000
CADCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2000

Biography

Caeneus Minerals Ltd operates as a mineral exploration and development company in Australia and the United States. It explores for lithium brine and nickel deposits. The company has interests in the Columbus Marsh Lithium Brine project; the Lida Valley project; the Muddy Mountain Project; and the New King Lithium Clay project located in Nevada. It also holds interests in the Pardoo Nickel project located in Northern Pilbara. The company was formerly known as Matrix Metals Limited. Caeneus Minerals Ltd was incorporated in 1998 and is based in Nedlands, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 10:36
End of Day Share Price2020/02/26 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.