Cassini Resources Limited, together with its subsidiaries, explores for and develops base and precious mineral properties in Australia.
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Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Cassini Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CZI's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: CZI exceeded the Australian Metals and Mining industry which returned -4.5% over the past year.
Return vs Market: CZI exceeded the Australian Market which returned -10.9% over the past year.
Price Volatility Vs. Market
How volatile is Cassini Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StAre Insiders Buying Cassini Resources Limited (ASX:CZI) Stock?
1 month ago | Simply Wall StHealth Check: How Prudently Does Cassini Resources (ASX:CZI) Use Debt?
2 months ago | Simply Wall StHow Much is Cassini Resources Limited's (ASX:CZI) CEO Getting Paid?
Is Cassini 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 CZI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CZI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CZI is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: CZI 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 CZI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CZI is overvalued based on its PB Ratio (4.1x) compared to the AU Metals and Mining industry average (1.7x).
How is Cassini Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CZI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CZI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CZI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CZI is forecast to have no revenue next year.
High Growth Revenue: CZI is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CZI is forecast to be unprofitable in 3 years.
How has Cassini Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CZI is currently unprofitable.
Growing Profit Margin: CZI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CZI is unprofitable, but has reduced losses over the past 5 years at a rate of 22.6% per year.
Accelerating Growth: Unable to compare CZI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CZI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.4%).
Return on Equity
High ROE: CZI has a negative Return on Equity (-13.13%), as it is currently unprofitable.
How is Cassini Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CZI's short term assets (A$8.0M) exceed its short term liabilities (A$914.2K).
Long Term Liabilities: CZI's short term assets (A$8.0M) exceed its long term liabilities (A$7.7M).
Debt to Equity History and Analysis
Debt Level: CZI's debt to equity ratio (40.4%) is considered high.
Reducing Debt: Insufficient data to determine if CZI's debt to equity ratio has reduced over the 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: CZI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CZI has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 22.9% each year.
What is Cassini Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CZI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CZI'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 CZI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CZI'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 CZI'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
Richard Bevan (54yo)
Mr. Richard Gwynn Bevan serves as the Managing Director of Cool Clear Water Group Limited. Mr. Bevan has been a Managing Director of Cassini Resources Limited since January 09, 2012. Mr. Bevan served as Ma ...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD263.89K) is about average for companies of similar size in the Australian market ($USD261.69K).
Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.
|MD & Executive Director||8.5yrs||AU$381.74k||1.84% A$1.4m|
|Chief Operating Officer||0.58yr||AU$295.62k||1.33% A$994.4k|
|Company Secretary||no data||no data||no data|
|Mineralogist Consultant||6.17yrs||no data||no data|
Experienced Management: CZI's management team is seasoned and experienced (6.2 years average tenure).
|MD & Executive Director||8.5yrs||AU$381.74k||1.84% A$1.4m|
|Independent Non-Executive Chairman||8.5yrs||AU$50.00k||1.47% A$1.1m|
|Independent Non-Executive Director||9.33yrs||AU$40.00k||0.55% A$410.1k|
|Independent Non-Executive Director||6.25yrs||AU$40.00k||0.42% A$311.7k|
|Non-executive Director||0.58yr||no data||0.035% A$26.3k|
Experienced Board: CZI's board of directors are considered experienced (8.5 years average tenure).
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 diluted in the past year, with total shares outstanding growing by 2.9%.
Cassini Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Cassini Resources Limited
- Ticker: CZI
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$74.857m
- Shares outstanding: 427.76m
- Website: https://www.cassiniresources.com.au
- Cassini Resources Limited
- 16 Ord Street
- Ground Floor
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CZI||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 2012|
|CZI||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 2012|
|ICR||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 2012|
Cassini Resources Limited, together with its subsidiaries, explores for and develops base and precious mineral properties in Australia. The company explores for nickel, copper, cobalt, platinum and palladium, and gold deposits. Its flagship property is the West Musgrave project located in Western Australia. The company was incorporated in 2011 and is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 10:39|
|End of Day Share Price||2020/07/02 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.