ASX:CGN

Stock Analysis Report

Crater Gold Mining

Executive Summary

Crater Gold Mining Limited engages in the exploration, evaluation, and exploitation of gold and other base metal projects in Papua New Guinea and Australia.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Crater Gold Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CGN

0.7%

AU Metals and Mining

1.0%

AU Market


1 Year Return

-25.0%

CGN

12.9%

AU Metals and Mining

11.7%

AU Market

Return vs Industry: CGN underperformed the Australian Metals and Mining industry which returned 12.9% over the past year.

Return vs Market: CGN underperformed the Australian Market which returned 11.7% over the past year.


Shareholder returns

CGNIndustryMarket
7 Day0%0.7%1.0%
30 Day0%-2.2%-0.2%
90 Day15.4%-7.4%0.3%
1 Year-25.0%-25.0%20.7%12.9%18.1%11.7%
3 Year-61.2%-68.8%68.3%47.9%37.4%19.0%
5 Year-85.7%-88.5%60.8%24.4%51.7%17.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Crater Gold Mining undervalued compared to its fair value and its price relative to the market?

13.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate CGN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate CGN's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: CGN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CGN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CGN is overvalued based on its PB Ratio (13.3x) compared to the AU Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

2.5%

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 Crater Gold Mining 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 Crater Gold Mining performed over the past 5 years?

-20.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CGN is unprofitable, and losses have increased over the past 5 years at a rate of -20.4% per year.

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

Earnings vs Industry: CGN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).


Return on Equity

High ROE: CGN has a negative Return on Equity (-502.22%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: CGN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: CGN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Crater Gold Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CGN's short term assets (A$286.4K) do not cover its short term liabilities (A$8.8M)

Long Term Liabilities: CGN has no long term liabilities


Debt to Equity History and Analysis

Debt Level: CGN's debt to equity ratio (447.5%) is considered high

Reducing Debt: CGN's debt to equity ratio has increased from 5.2% to 447.5% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: CGN's debt is not covered by short term assets (assets are 0x debt).


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: CGN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CGN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -5.9% each year


Next Steps

Dividend

What is Crater Gold Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if CGN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CGN'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 CGN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Crater Gold Mining's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Russ Parker (49yo)

4.5yrs

Tenure

AU$197,535

Compensation

Mr. Russell D. Parker, also known as Russ, B.Eng has been Managing Director of Crater Gold Mining Limited (a/k/a, Gold Anomaly Limited) since April 1, 2015. Mr. Parker is a professional Company Director. M ...


CEO Compensation Analysis

Compensation vs. Market: Russ's total compensation ($USD133.61K) is about average for companies of similar size in the Australian market ($USD257.89K).

Compensation vs Earnings: Russ's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

3.6yrs

Average Tenure

49yo

Average Age

Experienced Management: CGN's management team is considered experienced (3.6 years average tenure).


Board Age and Tenure

6.6yrs

Average Tenure

59yo

Average Age

Experienced Board: CGN's board of directors are considered experienced (6.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Lawrence Lee (59yo)

    Non-executive Director

    • Tenure: 5.3yrs
    • Compensation: AU$47.34k
  • Tom Fermanis (56yo)

    Deputy Chairman

    • Tenure: 4.5yrs
    • Compensation: AU$191.29k
  • Curtis Church (46yo)

    Chief Operating Officer

    • Tenure: 2.8yrs
    • Compensation: AU$323.55k
  • Matt O'Kane (48yo)

    Chief Financial Officer

    • Tenure: 2.8yrs
    • Compensation: AU$199.04k
  • J. McCarthy

    Project Manager of Croydon

    • Tenure: 8.1yrs
    • Compensation: AU$108.65k
  • Russ Parker (49yo)

    MD & Executive Director

    • Tenure: 4.5yrs
    • Compensation: AU$197.54k
  • Andrea Betti

    Company Secretary

    • Tenure: 2yrs

Board Members

  • Lawrence Lee (59yo)

    Non-executive Director

    • Tenure: 5.3yrs
    • Compensation: AU$47.34k
  • Samuel Chan (71yo)

    Non-Executive Chairman

    • Tenure: 6.6yrs
    • Compensation: AU$35.00k
  • Desmond T. Sun (72yo)

    Non-Executive Director

    • Tenure: 6.8yrs
    • Compensation: AU$47.34k
  • Tom Fermanis (56yo)

    Deputy Chairman

    • Tenure: 4.5yrs
    • Compensation: AU$191.29k
  • Russ Parker (49yo)

    MD & Executive Director

    • Tenure: 4.5yrs
    • Compensation: AU$197.54k

Company Information

Crater Gold Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crater Gold Mining Limited
  • Ticker: CGN
  • Exchange: ASX
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$18.412m
  • Shares outstanding: 1.23b
  • Website: https://www.cratergold.com.au

Location

  • Crater Gold Mining Limited
  • 22 Mount Street
  • Level 2
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CGNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2009
CGNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2009

Biography

Crater Gold Mining Limited engages in the exploration, evaluation, and exploitation of gold and other base metal projects in Papua New Guinea and Australia. The company also explores for copper, lead, zinc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 10:31
End of Day Share Price2019/10/14 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.