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.

Risks

  • Crater Gold Mining has significant price volatility in the past 3 months.
  • Crater Gold Mining is not covered by any analysts.

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%

ASX:CGN

-2.9%

AU Metals and Mining

-0.4%

AU Market


1 Year Return

-34.6%

ASX:CGN

12.9%

AU Metals and Mining

2.1%

AU Market

CGN underperformed the Metals and Mining industry which returned 12.9% over the past year.

CGN underperformed the Market in Australia which returned 2.1% over the past year.


Share holder returns

CGNIndustryMarket
7 Day0%-2.9%-0.4%
30 Day13.3%-8.6%-2.5%
90 Day21.4%-0.7%0.5%
1 Year-34.6%-34.6%20.7%12.9%8.0%2.1%
3 Year-66.5%-73.0%70.7%50.6%32.4%14.9%
5 Year-83.8%-86.9%42.6%11.0%39.6%8.3%

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 based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Crater Gold Mining is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Crater Gold Mining 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 CGN’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 Crater Gold Mining regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

4.8%

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?

-32.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Crater Gold Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Crater Gold Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Crater Gold Mining's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Crater Gold Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Crater Gold Mining has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Crater Gold Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is Crater Gold Mining's financial position?


Financial Position Analysis

Crater Gold Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Crater Gold Mining has no long term commitments.


Debt to Equity History and Analysis

Crater Gold Mining has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Crater Gold Mining's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Crater Gold Mining has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.

Crater Gold Mining has less than a year of cash runway based on current free cash flow.

Crater Gold Mining has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.9% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Crater Gold Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Crater Gold Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Crater Gold Mining has not reported any payouts.

Unable to verify if Crater Gold Mining's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Crater Gold Mining has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


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?

3.5yrs

Average management tenure


CEO

Russ Parker (49yo)

4.3yrs

Tenure

AU$182,577

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

Russ's remuneration is lower than average for companies of similar size in Australia.

Russ's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.5yrs

Average Tenure

49yo

Average Age

The tenure for the Crater Gold Mining management team is about average.


Board Age and Tenure

6.4yrs

Average Tenure

59yo

Average Age

The tenure for the Crater Gold Mining board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Lawrence Lee (59yo)

    Non-executive Director

    • Tenure: 5.2yrs
    • Compensation: AU$51.08k
  • Tom Fermanis (56yo)

    Deputy Chairman

    • Tenure: 4.3yrs
    • Compensation: AU$174.33k
  • Curtis Church (46yo)

    Chief Operating Officer

    • Tenure: 2.6yrs
    • Compensation: AU$320.29k
  • Matt O'Kane (48yo)

    Chief Financial Officer

    • Tenure: 2.6yrs
    • Compensation: AU$168.33k
  • J. McCarthy

    Project Manager of Croydon

    • Tenure: 7.9yrs
  • Russ Parker (49yo)

    MD & Executive Director

    • Tenure: 4.3yrs
    • Compensation: AU$182.58k
  • Andrea Betti

    Company Secretary

    • Tenure: 1.8yrs

Board Members

  • Lawrence Lee (59yo)

    Non-executive Director

    • Tenure: 5.2yrs
    • Compensation: AU$51.08k
  • Samuel Chan (71yo)

    Non-Executive Chairman

    • Tenure: 6.4yrs
    • Compensation: AU$35.00k
  • Desmond T. Sun (72yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: AU$44.00k
  • Tom Fermanis (56yo)

    Deputy Chairman

    • Tenure: 4.3yrs
    • Compensation: AU$174.33k
  • Russ Parker (49yo)

    MD & Executive Director

    • Tenure: 4.3yrs
    • Compensation: AU$182.58k

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$20.867m
  • 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 Analysis2019/08/21 10:32
End of Day Share Price2019/08/14 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.