Carawine Resources Limited explores for and develops mineral projects in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.21|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.53|
|1 Month Change||5.00%|
|3 Month Change||-8.70%|
|1 Year Change||-36.36%|
|3 Year Change||13.51%|
|5 Year Change||n/a|
|Change since IPO||5.00%|
Recent News & Updates
|CWX||AU Metals and Mining||AU Market|
Return vs Industry: CWX underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: CWX underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: CWX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CWX's weekly volatility (8%) has been stable over the past year.
About the Company
Carawine Resources Limited explores for and develops mineral projects in Australia. The company explores for gold, copper, silver, zinc, nickel, cobalt, manganese, and iron deposits. It holds interests in the Jamieson project located within the Mt Useful Slate Belt geological province, northeast Victoria; the Paterson project situated in the Paterson Province, Western Australia; the Fraser Range project located in the Fraser Range region, Western Australia; the Tropicana North project situated in the Tropicana region, Western Australia; and the Oakover project located in the Eastern Pilbara region, Western Australia.
Carawine Resources Fundamentals Summary
|CWX fundamental statistics|
Is CWX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CWX income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.012|
|Net Profit Margin||-6,273.82%|
How did CWX perform over the long term?See historical performance and comparison
Is Carawine Resources 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 CWX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CWX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CWX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: CWX 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 CWX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CWX is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.6x).
How is Carawine Resources 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 Carawine 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.
How has Carawine Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWX is currently unprofitable.
Growing Profit Margin: CWX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CWX is unprofitable, and losses have increased over the past 5 years at a rate of 14.8% per year.
Accelerating Growth: Unable to compare CWX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CWX 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: CWX has a negative Return on Equity (-9.1%), as it is currently unprofitable.
How is Carawine Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CWX's short term assets (A$4.1M) exceed its short term liabilities (A$462.3K).
Long Term Liabilities: CWX's short term assets (A$4.1M) exceed its long term liabilities (A$16.5K).
Debt to Equity History and Analysis
Debt Level: CWX is debt free.
Reducing Debt: CWX has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CWX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CWX has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 15.1% each year.
What is Carawine Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CWX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CWX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CWX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CWX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CWX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. David Boyd, B.Sc (Hons), MAIG serves as Managing Director at Carawine Resources Limited and has been its Director since October 26, 2017. Mr. Boyd served as an Exploration Manager of Sheffield Resource...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD287.65K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.1%.
Carawine Resources Limited's employee growth, exchange listings and data sources
- Name: Carawine Resources Limited
- Ticker: CWX
- Exchange: ASX
- Founded: 2016
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$23.411m
- Shares outstanding: 108.89m
- Website: https://www.carawine.com.au
- Carawine Resources Limited
- 38 Industry Street
- Unit 3
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 07:03|
|End of Day Share Price||2021/10/25 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.