CRB

Carbine ResourcesASX:CRB Stock Report

Market Cap

AU$5.6m

7D

0%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials
CRB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

CRB Overview

Carbine Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Carbine Resources
Historical stock prices
Current Share PriceAU$0.031
52 Week HighAU$0.028
52 Week LowAU$0.047
Beta0.27
1 Month Change3.33%
3 Month Change-24.39%
1 Year Changen/a
3 Year Change3.34%
5 Year Change-82.56%
Change since IPO-87.87%

Recent News & Updates

Shareholder Returns

CRBAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Yn/a12.5%21.4%

Return vs Industry: Insufficient data to determine how CRB performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how CRB performed against the Australian Market.

Price Volatility

Is CRB's price volatile compared to industry and market?
CRB volatility
CRB Beta0.27
Industry Beta0.97
Market Beta1

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

Volatility Over Time: Insufficient data to determine CRB's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
20064n/ahttps://www.carbineresources.com.au

Carbine Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It holds a 100% interest in the Muchea West silica sand project that covers an area of 102km2 located to the northeast of Perth. Carbine Resources Limited was incorporated in 2006 and is based in Subiaco, Australia.

Carbine Resources Fundamentals Summary

How do Carbine Resources's earnings and revenue compare to its market cap?
CRB fundamental statistics
Market CapAU$5.57m
Earnings (TTM)AU$634.06k
Revenue (TTM)AU$6.16k

8.8x

P/E Ratio

1.0kx

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRB income statement (TTM)
RevenueAU$6.16k
Cost of RevenueAU$0
Gross ProfitAU$6.16k
Expenses-AU$627.90k
EarningsAU$634.06k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0035
Gross Margin100.00%
Net Profit Margin10,294.77%
Debt/Equity Ratio0.0%

How did CRB perform over the long term?

See historical performance and comparison

Valuation

Is Carbine Resources undervalued compared to its fair value and its price relative to the market?

8.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CRB is good value based on its PE Ratio (8.8x) compared to the Australian Metals and Mining industry average (14.3x).

PE vs Market: CRB is good value based on its PE Ratio (8.8x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CRB is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Carbine Resources 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 Carbine Resources performed over the past 5 years?

57.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRB has a large one-off gain of A$1.1M impacting its June 30 2021 financial results.

Growing Profit Margin: CRB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CRB has become profitable over the past 5 years, growing earnings by 57.1% per year.

Accelerating Growth: CRB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CRB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: CRB's Return on Equity (21.8%) is considered high.


Financial Health

How is Carbine Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CRB's short term assets (A$3.2M) exceed its short term liabilities (A$404.9K).

Long Term Liabilities: CRB has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CRB is debt free.

Reducing Debt: CRB has not had any debt for past 5 years.

Debt Coverage: CRB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CRB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Carbine Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.3yrs

Average board tenure


CEO

Carbine Resources has no CEO, or we have no data on them.


Board Members

Experienced Board: CRB's board of directors are not considered experienced ( 0.3 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: 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Carbine Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Carbine Resources Limited
  • Ticker: CRB
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$5.573m
  • Shares outstanding: 179.77m
  • Website: https://www.carbineresources.com.au

Number of Employees


Location

  • Carbine Resources Limited
  • 513 Hay Street
  • Suite 23
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:03
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.