company background image
CTO

CitigoldASX:CTO Stock Report

Market Cap

AU$31.2m

7D

10.0%

1Y

-26.7%

Updated

21 Oct, 2021

Data

Company Financials
CTO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CTO Overview

Citigold Corporation Limited, together with its subsidiaries, engages in the exploration, development, and mining of gold and silver deposits in Australia.

Citigold Competitors

Silver Lake Resources

ASX:SLR

AU$1.4b

Alkane Resources

ASX:ALK

AU$553.9m

Price History & Performance

Summary of all time highs, changes and price drops for Citigold
Historical stock prices
Current Share PriceAU$0.011
52 Week HighAU$0.009
52 Week LowAU$0.019
Beta0.43
1 Month Change10.00%
3 Month Change-8.33%
1 Year Change-26.67%
3 Year Change57.14%
5 Year Change0%
Change since IPO-98.79%

Recent News & Updates

Shareholder Returns

CTOAU Metals and MiningAU Market
7D10.0%-0.3%0.7%
1Y-26.7%12.5%21.4%

Return vs Industry: CTO underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: CTO underperformed the Australian Market which returned 21.1% over the past year.

Price Volatility

Is CTO's price volatile compared to industry and market?
CTO volatility
CTO Beta0.43
Industry Beta0.97
Market Beta1

Stable Share Price: CTO is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CTO's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1993n/an/ahttps://www.citigold.com

Citigold Corporation Limited, together with its subsidiaries, engages in the exploration, development, and mining of gold and silver deposits in Australia. Its principal property is the Charters Towers gold project located in north-eastern Queensland, Australia. The company was incorporated in 1993 and is headquartered in Fortitude Valley, Australia.

Citigold Fundamentals Summary

How do Citigold's earnings and revenue compare to its market cap?
CTO fundamental statistics
Market CapAU$31.17m
Earnings (TTM)-AU$1.42m
Revenue (TTM)n/a

0x

P/S Ratio

-22.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CTO income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.42m
Earnings-AU$1.42m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00049
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.6%

How did CTO perform over the long term?

See historical performance and comparison

Valuation

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

0.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CTO is good value based on its PB Ratio (0.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Citigold 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 Citigold 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 Citigold performed over the past 5 years?

10.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTO is currently unprofitable.

Growing Profit Margin: CTO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CTO is unprofitable, but has reduced losses over the past 5 years at a rate of 10.1% per year.

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

Earnings vs Industry: CTO 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: CTO has a negative Return on Equity (-1.39%), as it is currently unprofitable.


Financial Health

How is Citigold's financial position?


Financial Position Analysis

Short Term Liabilities: CTO's short term assets (A$563.0K) do not cover its short term liabilities (A$2.4M).

Long Term Liabilities: CTO's short term assets (A$563.0K) do not cover its long term liabilities (A$7.0M).


Debt to Equity History and Analysis

Debt Level: CTO's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: CTO's debt to equity ratio has reduced from 11.8% to 0.6% 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: CTO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CTO has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.9% each year.


Dividend

What is Citigold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

5.5yrs

Average management tenure


CEO

Citigold has no CEO, or we have no data on them.


Leadership Team

Experienced Management: CTO's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: CTO's board of directors are considered experienced (8.1 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Citigold Corporation Limited
  • Ticker: CTO
  • Exchange: ASX
  • Founded: 1993
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$31.170m
  • Shares outstanding: 2.83b
  • Website: https://www.citigold.com

Location

  • Citigold Corporation Limited
  • 1024 Ann Street
  • Level 1
  • Fortitude Valley
  • Queensland
  • 4006
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:04
End of Day Share Price2021/10/21 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.