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CTM

Centaurus MetalsASX:CTM Stock Report

Market Cap

AU$410.2m

7D

2.3%

1Y

84.2%

Updated

22 Oct, 2021

Data

Company Financials +
CTM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CTM Overview

Centaurus Metals Limited engages in the exploration and evaluation of mineral resource properties in Brazil and Australia.

Centaurus Metals Competitors

Jervois Global

ASX:JRV

AU$916.6m

Mincor Resources

ASX:MCR

AU$678.0m

Strandline Resources

ASX:STA

AU$224.1m

Legend Mining

ASX:LEG

AU$212.1m

Price History & Performance

Summary of all time highs, changes and price drops for Centaurus Metals
Historical stock prices
Current Share PriceAU$1.11
52 Week HighAU$0.46
52 Week LowAU$1.18
Beta1.1
1 Month Change12.76%
3 Month Change22.78%
1 Year Change84.17%
3 Year Change1,127.79%
5 Year Change1,127.79%
Change since IPO-91.23%

Recent News & Updates

Oct 20
We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

CTMAU Metals and MiningAU Market
7D2.3%-0.3%0.7%
1Y84.2%12.5%21.4%

Return vs Industry: CTM exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: CTM exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is CTM's price volatile compared to industry and market?
CTM volatility
CTM Beta1.1
Industry Beta0.97
Market Beta1

Stable Share Price: CTM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CTM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989n/aDarren Gordonhttps://www.centaurus.com.au

Centaurus Metals Limited engages in the exploration and evaluation of mineral resource properties in Brazil and Australia. The company explores for copper, gold, and iron ore. It primarily focuses on the Jaguar nickel sulphide project located in the Carajás Mineral Province in northern Brazil.

Centaurus Metals Fundamentals Summary

How do Centaurus Metals's earnings and revenue compare to its market cap?
CTM fundamental statistics
Market CapAU$410.24m
Earnings (TTM)-AU$12.41m
Revenue (TTM)n/a

0x

P/S Ratio

-31.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CTM income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$12.41m
Earnings-AU$12.41m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.035
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did CTM perform over the long term?

See historical performance and comparison

Valuation

Is Centaurus Metals undervalued compared to its fair value and its price relative to the market?

14.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CTM is overvalued based on its PB Ratio (14.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Centaurus Metals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

92.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: CTM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CTM's is expected to become profitable in the next 3 years.

Revenue vs Market: CTM is forecast to have no revenue next year.

High Growth Revenue: CTM is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CTM's Return on Equity is forecast to be low in 3 years time (10.8%).


Past Performance

How has Centaurus Metals performed over the past 5 years?

-37.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTM is currently unprofitable.

Growing Profit Margin: CTM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CTM is unprofitable, and losses have increased over the past 5 years at a rate of 37% per year.

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

Earnings vs Industry: CTM 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: CTM has a negative Return on Equity (-44.85%), as it is currently unprofitable.


Financial Health

How is Centaurus Metals's financial position?


Financial Position Analysis

Short Term Liabilities: CTM's short term assets (A$20.7M) exceed its short term liabilities (A$7.5M).

Long Term Liabilities: CTM's short term assets (A$20.7M) exceed its long term liabilities (A$1.6M).


Debt to Equity History and Analysis

Debt Level: CTM is debt free.

Reducing Debt: CTM 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: CTM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CTM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 22.9% each year.


Dividend

What is Centaurus Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.9yrs

Average management tenure


CEO

Darren Gordon (49 yo)

12.42yrs

Tenure

AU$734,221

Compensation

Mr. Darren Peter Gordon, B.Bus, FCA, FFin, ACIS, AGIA, MAICD, has been the Managing Director of Centaurus Metals Limited since May 4, 2009 and serves as its Chief Executive Officer. Mr. Gordon served as Co...


CEO Compensation Analysis

Compensation vs Market: Darren's total compensation ($USD549.85K) is about average for companies of similar size in the Australian market ($USD716.52K).

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


Leadership Team

Experienced Management: CTM's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: CTM's board of directors are seasoned and experienced ( 10.1 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 10%.


Top Shareholders

Company Information

Centaurus Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Centaurus Metals Limited
  • Ticker: CTM
  • Exchange: ASX
  • Founded: 1989
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$410.244m
  • Shares outstanding: 358.29m
  • Website: https://www.centaurus.com.au

Location

  • Centaurus Metals Limited
  • 1 Ord Street
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • 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.