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CLZ

Classic MineralsASX:CLZ Stock Report

Market Cap

AU$27.1m

7D

0%

1Y

-50.0%

Updated

25 Oct, 2021

Data

Company Financials
CLZ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

CLZ Overview

Classic Minerals Limited engages in the exploration of mineral resource based projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Classic Minerals
Historical stock prices
Current Share PriceAU$0.001
52 Week HighAU$0.001
52 Week LowAU$0.002
Beta1.17
1 Month Change0%
3 Month Change0%
1 Year Change-50.00%
3 Year Change-80.00%
5 Year Change-75.00%
Change since IPO-99.23%

Recent News & Updates

Shareholder Returns

CLZAU Metals and MiningAU Market
7D0%-1.7%0.6%
1Y-50.0%10.8%21.3%

Return vs Industry: CLZ underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: CLZ underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is CLZ's price volatile compared to industry and market?
CLZ volatility
CLZ Beta1.17
Industry Beta0.97
Market Beta1

Stable Share Price: CLZ is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 54% a week.

Volatility Over Time: CLZ's weekly volatility has decreased from 96% to 54% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aDean Goodwinhttps://www.classicminerals.com.au

Classic Minerals Limited engages in the exploration of mineral resource based projects in Australia. The company primarily explores for gold and nickel deposits. Its flagship project is the Kat Gap Gold project.

Classic Minerals Fundamentals Summary

How do Classic Minerals's earnings and revenue compare to its market cap?
CLZ fundamental statistics
Market CapAU$27.05m
Earnings (TTM)-AU$12.22m
Revenue (TTM)n/a

0x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLZ income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$12.22m
Earnings-AU$12.22m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00045
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio349.6%

How did CLZ perform over the long term?

See historical performance and comparison

Valuation

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

16.67x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CLZ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CLZ's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: CLZ 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 CLZ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CLZ is overvalued based on its PB Ratio (16.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Classic 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 Classic Minerals performed over the past 5 years?

-47.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLZ is currently unprofitable.

Growing Profit Margin: CLZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CLZ is unprofitable, and losses have increased over the past 5 years at a rate of 47.3% per year.

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

Earnings vs Industry: CLZ 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: CLZ has a negative Return on Equity (-733.51%), as it is currently unprofitable.


Financial Health

How is Classic Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: CLZ's short term assets (A$2.4M) do not cover its short term liabilities (A$10.7M).

Long Term Liabilities: CLZ's short term assets (A$2.4M) exceed its long term liabilities (A$21.2K).


Debt to Equity History and Analysis

Debt Level: CLZ's debt to equity ratio (349.6%) is considered high.

Reducing Debt: CLZ's debt to equity ratio has increased from 231.1% to 349.6% 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: CLZ has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CLZ is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Dividend

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


Dividend Yield vs Market

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

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

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

2.8yrs

Average board tenure


CEO

Dean Goodwin (57 yo)

3.92yrs

Tenure

AU$1,155,941

Compensation

Mr. Dean Barry Goodwin, BAppSc (Geology), MAIG, is the Chief Executive Officer of Classic Minerals Limited since November 10, 2017. He served as the Managing Director of Mount Ridley Mines Ltd. since Septe...


CEO Compensation Analysis

Compensation vs Market: Dean's total compensation ($USD866.52K) is above average for companies of similar size in the Australian market ($USD302.38K).

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


Board Members

Experienced Board: CLZ's board of directors are not considered experienced ( 2.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 102.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: Classic Minerals Limited
  • Ticker: CLZ
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$27.054m
  • Shares outstanding: 27.05b
  • Website: https://www.classicminerals.com.au

Location

  • Classic Minerals Limited
  • 71 Furniss Road
  • Landsdale
  • Western Australia
  • 6065
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:54
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.