Cervantes Corporation Limited engages in the exploration and evaluation of mineral resource projects in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.008|
|52 Week High||AU$0.006|
|52 Week Low||AU$0.019|
|1 Month Change||-11.11%|
|3 Month Change||0%|
|1 Year Change||n/a|
|3 Year Change||0%|
|5 Year Change||0%|
|Change since IPO||-95.79%|
Recent News & Updates
|CVS||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how CVS performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how CVS performed against the Australian Market.
Stable Share Price: CVS is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: Insufficient data to determine CVS's volatility change over the past year.
About the Company
Cervantes Corporation Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, as well as for nickel, cobalt, copper, and base metals. It holds interests in the Primrose gold project located in the northeast of Perth.
Cervantes Fundamentals Summary
|CVS fundamental statistics|
Is CVS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CVS income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00022|
|Net Profit Margin||0.00%|
How did CVS perform over the long term?See historical performance and comparison
Is Cervantes undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CVS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CVS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CVS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: CVS 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 CVS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CVS is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.6x).
How is Cervantes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Cervantes 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.
How has Cervantes performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVS is currently unprofitable.
Growing Profit Margin: CVS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CVS is unprofitable, but has reduced losses over the past 5 years at a rate of 29.1% per year.
Accelerating Growth: Unable to compare CVS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CVS 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: CVS has a negative Return on Equity (-9.91%), as it is currently unprofitable.
How is Cervantes's financial position?
Financial Position Analysis
Short Term Liabilities: CVS's short term assets (A$2.1M) exceed its short term liabilities (A$489.6K).
Long Term Liabilities: CVS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CVS's debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: CVS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CVS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CVS has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 23.6% each year.
What is Cervantes's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CVS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CVS'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 CVS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CVS'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 CVS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Cervantes has no CEO, or we have no data on them.
Experienced Management: CVS's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: CVS's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 189.9%.
Cervantes Corporation Limited's employee growth, exchange listings and data sources
- Name: Cervantes Corporation Limited
- Ticker: CVS
- Exchange: ASX
- Founded: 2001
- Industry: Gold
- Sector: Materials
- Market Cap: AU$12.432m
- Shares outstanding: 1.55b
- Website: https://www.cervantescorp.com.au
- Cervantes Corporation Limited
- Shop 11, South Shore Piazza
- 85 The Esplanade
- South Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:03|
|End of Day Share Price||2021/10/20 00:00|
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.