ASX:CTM

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Centaurus Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CTM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.3%

CTM

1.1%

AU Metals and Mining

4.6%

AU Market


1 Year Return

111.8%

CTM

1.3%

AU Metals and Mining

-10.5%

AU Market

Return vs Industry: CTM exceeded the Australian Metals and Mining industry which returned 1.3% over the past year.

Return vs Market: CTM exceeded the Australian Market which returned -10.5% over the past year.


Shareholder returns

CTMIndustryMarket
7 Day-5.3%1.1%4.6%
30 Day38.5%15.9%9.0%
90 Day63.6%9.3%-9.4%
1 Year111.8%111.8%6.7%1.3%-6.8%-10.5%
3 Year125.0%125.0%63.1%40.6%11.7%-3.1%
5 Year80.0%50.0%93.3%54.3%29.3%1.4%

Price Volatility Vs. Market

How volatile is Centaurus Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

5.78x

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 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 (5.8x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

3.3%

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 Centaurus Metals 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 Centaurus Metals performed over the past 5 years?

15.7%

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, but has reduced losses over the past 5 years at a rate of 15.7% 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 (-7.9%).


Return on Equity

High ROE: CTM has a negative Return on Equity (-36.24%), as it is currently unprofitable.


Next Steps

Financial Health

How is Centaurus Metals's financial position?


Financial Position Analysis

Short Term Liabilities: CTM's short term assets (A$10.0M) exceed its short term liabilities (A$852.6K).

Long Term Liabilities: CTM's short term assets (A$10.0M) exceed its long term liabilities (A$237.0K).


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 2.5 years if free cash flow continues to grow at historical rates of 29.8% each year.


Next Steps

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?

3.6yrs

Average management tenure


CEO

Darren Gordon (47yo)

11.08yrs

Tenure

AU$410,035

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 ($USD272.23K) is about average for companies of similar size in the Australian market ($USD252.98K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Darren Gordon
MD, CEO & Director11.08yrsAU$410.04k2.02% A$1.4m
John Westdorp
CFO & Company Secretary0.58yrAU$270.30kno data
Bruno Scarpelli
Executive Director & Brazil Country Manager4.75yrsAU$215.30k0.064% A$45.0k
Roger Fitzhardinge
Operations Manager of Nickel2.42yrsAU$56.16k2.04% A$1.4m

3.6yrs

Average Tenure

47yo

Average Age

Experienced Management: CTM's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Darren Gordon
MD, CEO & Director11.08yrsAU$410.04k2.02% A$1.4m
Bruno Scarpelli
Executive Director & Brazil Country Manager4.75yrsAU$215.30k0.064% A$45.0k
Didier Murcia
Independent Non-Executive Chairman10.42yrsAU$53.12k0.36% A$252.6k
Mark Hancock
Independent Non-Executive Director8.75yrsAU$35.44k0.17% A$120.3k
Christopher Banasik
Independent Non-Executive Director1.33yrsAU$47.12k0.12% A$85.5k

8.8yrs

Average Tenure

50yo

Average Age

Experienced Board: CTM's board of directors are considered experienced (8.6 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 44%.


Top Shareholders

Company Information

Centaurus Metals Limited's company bio, 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$70.132m
  • Shares outstanding: 259.75m
  • Website: https://www.centaurus.com.au

Location

  • Centaurus Metals Limited
  • 10 Outram Street
  • Level 3
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992

Biography

Centaurus Metals Limited engages in the exploration and evaluation of mineral resource properties in Brazil and Australia. The company explores for copper, gold, nickel, cobalt, and iron ore. It primarily focuses on the Itapitanga nickel-cobalt project that covers approximately 50 square kilometers, as well as the Jaguar nickel sulphide project located in the Carajás Mineral Province in northern Brazil. The company was formerly known as Glengarry Resources Limited and changed its name to Centaurus Metals Limited in April 2010. Centaurus Metals Limited was founded in 1989 and is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 10:31
End of Day Share Price2020/06/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.