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CML

Chase MiningASX:CML Stock Report

Market Cap

AU$6.3m

7D

0%

1Y

-10.5%

Updated

18 Oct, 2021

Data

Company Financials
CML fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CML Overview

Chase Mining Corporation Limited engages in the exploration and development of mineral properties in Australia and Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Chase Mining
Historical stock prices
Current Share PriceAU$0.017
52 Week HighAU$0.014
52 Week LowAU$0.026
Beta1.29
1 Month Change-10.53%
3 Month Change6.25%
1 Year Change-10.53%
3 Year Change-57.50%
5 Year Change-43.33%
Change since IPO-93.93%

Recent News & Updates

Shareholder Returns

CMLAU Metals and MiningAU Market
7D0%4.3%0.9%
1Y-10.5%12.2%20.2%

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

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

Price Volatility

Is CML's price volatile compared to industry and market?
CML volatility
CML Beta1.29
Industry Beta0.97
Market Beta1

Stable Share Price: CML is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: CML's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aLeon Pretoriushttps://www.chasemining.com.au

Chase Mining Corporation Limited engages in the exploration and development of mineral properties in Australia and Canada. It explores for topaz, tungsten, nickel, copper, cobalt, gold, and platinum group elements. The company holds a 100% interest in the Torrington Topaz and Tungsten project located in the northern New South Wales.

Chase Mining Fundamentals Summary

How do Chase Mining's earnings and revenue compare to its market cap?
CML fundamental statistics
Market CapAU$6.29m
Earnings (TTM)-AU$1.00m
Revenue (TTM)n/a

0x

P/S Ratio

-6.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CML income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.00m
Earnings-AU$1.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0027
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did CML perform over the long term?

See historical performance and comparison

Valuation

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

0.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CML is good value based on its PB Ratio (0.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Chase Mining 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 Chase 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.


Past Performance

How has Chase Mining performed over the past 5 years?

-27.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CML is currently unprofitable.

Growing Profit Margin: CML is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CML is unprofitable, and losses have increased over the past 5 years at a rate of 27.9% per year.

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

Earnings vs Industry: CML 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: CML has a negative Return on Equity (-12.05%), as it is currently unprofitable.


Financial Health

How is Chase Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CML's short term assets (A$2.0M) exceed its short term liabilities (A$159.2K).

Long Term Liabilities: CML has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CML is debt free.

Reducing Debt: CML has not had any debt for 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: CML has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.3% each year


Dividend

What is Chase Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.5yrs

Average board tenure


CEO

Leon Pretorius (70 yo)

no data

Tenure

AU$265,550

Compensation

Dr. Leon Eugene Pretorius, BSc (Hons), MSc, PhD, FAusIMM (CP), MAIG, PrNatSci, serves as an Executive of AusTex Oil Limited. Dr. Pretorius has been an Executive Chairman at Chase Mining Corporation Limited...


CEO Compensation Analysis

Compensation vs Market: Leon's total compensation ($USD197.10K) is below average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Leon's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: CML's board of directors are considered experienced (3.5 years average tenure).


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 diluted in the past year, with total shares outstanding growing by 16.1%.


Top Shareholders

Company Information

Chase Mining Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Chase Mining Corporation Limited
  • Ticker: CML
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$6.290m
  • Shares outstanding: 370.01m
  • Website: https://www.chasemining.com.au

Location

  • Chase Mining Corporation Limited
  • 46 Edward Street
  • Level 8
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:03
End of Day Share Price2021/10/18 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.