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Cassini Resources

ASX:CZI
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CZI
ASX
A$39M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Cassini Resources Limited, together with its subsidiaries, develops and explores base and precious mineral properties in Australia and the United States. The last earnings update was 105 days ago. More info.


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CZI Share Price and Events
7 Day Returns
-3%
ASX:CZI
1.6%
AU Metals and Mining
0.2%
AU Market
1 Year Returns
29.7%
ASX:CZI
16.2%
AU Metals and Mining
5.7%
AU Market
CZI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cassini Resources (CZI) -3% -3% 0% 29.7% 255.6% -45.1%
AU Metals and Mining 1.6% 7.4% 7.5% 16.2% 88.7% 21.4%
AU Market 0.2% 3.2% 7.5% 5.7% 27.5% 13.8%
1 Year Return vs Industry and Market
  • CZI outperformed the Metals and Mining industry which returned 16.2% over the past year.
  • CZI outperformed the Market in Australia which returned 5.7% over the past year.
Price Volatility
CZI
Industry
5yr Volatility vs Market

Value

 Is Cassini Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Cassini Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.096.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cassini Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cassini Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CZI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:CZI Share Price ** ASX (2019-06-26) in AUD A$0.1
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.81x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 15.8x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cassini Resources.

ASX:CZI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CZI Share Price ÷ EPS (both in AUD)

= 0.1 ÷ -0.01

-8.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cassini Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Cassini Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Cassini Resources's expected growth come at a high price?
Raw Data
ASX:CZI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
41%per year
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.76x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Cassini Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cassini Resources's assets?
Raw Data
ASX:CZI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.04
ASX:CZI Share Price * ASX (2019-06-26) in AUD A$0.1
Australia Metals and Mining Industry PB Ratio Median Figure of 588 Publicly-Listed Metals and Mining Companies 1.43x
Australia Market PB Ratio Median Figure of 1,690 Publicly-Listed Companies 1.63x
ASX:CZI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CZI Share Price ÷ Book Value per Share (both in AUD)

= 0.1 ÷ 0.04

2.63x

* Primary Listing of Cassini Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cassini Resources is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Cassini Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Cassini Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Cassini Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
41%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cassini Resources expected to grow at an attractive rate?
  • Cassini Resources's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Cassini Resources's earnings growth is expected to exceed the Australia market average.
  • Cassini Resources's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:CZI Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:CZI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 41%
ASX:CZI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 94.9%
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.6%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:CZI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CZI Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 155 19 27 1
2022-06-30 0 -9 -14 1
2021-06-30 0 -3 -4 1
2020-06-30 0 -4 -4 1
2019-06-30 0 -2 -4 1
ASX:CZI Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -3
2018-09-30 1 -1 -2
2018-06-30 2 0 0
2017-12-31 2 1 0
2017-09-30 1 0 -1
2017-06-30 0 -1 -2
2017-03-31 0 -2 -2
2016-12-31 0 -2 -2
2016-09-30 0 -2 -2
2016-06-30 0 -2 -3
2016-03-31 0 -3 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cassini Resources's earnings are expected to grow significantly at over 20% yearly.
  • Cassini Resources's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:CZI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Cassini Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CZI Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30 0.03 0.03 0.03 1.00
2022-06-30 -0.01 -0.01 -0.01 1.00
2021-06-30 -0.01 -0.01 -0.01 1.00
2020-06-30 -0.01 -0.01 -0.01 1.00
2019-06-30 -0.01 -0.01 -0.01 1.00
ASX:CZI Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Cassini Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Cassini Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cassini Resources has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cassini Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cassini Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cassini Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Cassini Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cassini Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Cassini Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cassini Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CZI Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.41 -3.49 3.59
2018-09-30 1.19 -1.79 2.69
2018-06-30 1.97 -0.09 1.78
2017-12-31 2.06 0.26 1.35
2017-09-30 1.12 -0.80 1.51
2017-06-30 0.18 -1.87 1.67
2017-03-31 0.14 -1.96 1.66
2016-12-31 0.09 -2.05 1.66
2016-09-30 0.05 -2.33 1.79
2016-06-30 0.01 -2.61 1.91
2016-03-31 0.00 -3.32 2.08
2015-12-31 -4.03 2.24
2015-09-30 -4.62 2.17
2015-06-30 -5.22 2.10
2015-03-31 -6.00 2.17
2014-12-31 -6.79 2.23
2014-09-30 -5.93 1.90
2014-06-30 -5.08 1.57
2014-03-31 -3.43 1.17
2013-12-31 -1.78 0.77
2013-09-30 -1.56 0.72
2013-06-30 -1.35 0.66
2012-06-30 -0.56 0.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Cassini Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Cassini Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Cassini Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Cassini Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cassini Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cassini Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cassini Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cassini Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cassini Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cassini Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Cassini Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cassini Resources Company Filings, last reported 5 months ago.

ASX:CZI Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 12.62 0.00 4.32
2018-09-30 12.62 0.00 4.32
2018-06-30 11.10 0.00 1.36
2017-12-31 12.14 0.00 2.52
2017-09-30 12.14 0.00 2.52
2017-06-30 11.19 0.00 2.10
2017-03-31 11.19 0.00 2.10
2016-12-31 11.83 0.00 2.40
2016-09-30 11.83 0.00 2.40
2016-06-30 10.55 0.00 1.39
2016-03-31 10.55 0.00 1.39
2015-12-31 11.42 0.00 2.43
2015-09-30 11.42 0.00 2.43
2015-06-30 12.77 0.00 5.70
2015-03-31 12.77 0.00 5.70
2014-12-31 8.55 0.00 2.50
2014-09-30 8.55 0.00 2.50
2014-06-30 11.48 0.00 7.94
2014-03-31 11.48 0.00 7.94
2013-12-31 4.92 0.00 0.49
2013-09-30 4.92 0.00 0.49
2013-06-30 4.57 0.00 0.46
2012-06-30 4.77 0.00 1.89
  • Cassini Resources has no debt.
  • Cassini Resources has not taken on any debt in 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.

  • Cassini Resources has less than a year of cash runway based on current free cash flow.
  • Cassini Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.4% each year.
X
Financial health checks
We assess Cassini Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cassini Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Cassini Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Cassini Resources dividends.
If you bought A$2,000 of Cassini Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Cassini Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cassini Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:CZI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 416 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:CZI Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Cassini Resources has not reported any payouts.
  • Unable to verify if Cassini Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cassini Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cassini Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Cassini Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cassini Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cassini Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cassini Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Richard Bevan
COMPENSATION A$364,746
AGE 52
TENURE AS CEO 7.4 years
CEO Bio

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 Managing Director and Chief Executive Officer of Lifecare Health Limited, where he oversaw the successful acquisition and integration of over 18 businesses within two years. He served as the Chief Executive Officer of Good Health Solutions Pty Ltd and successfully grown and managed a number of private businesses. He has been involved in a number of businesses in areas as diverse as healthcare, construction and engineering, mining technology and information services. His roles within these businesses have included operational management, implementing organic growth strategies and acquisitions and assisting with capital raisings. He has a wealth of experience in the execution and integration of mergers, acquisitions and other major corporate transactions. He has in excess of 8 years of corporate and executive management experience. He serves as the Chairman of Intework Incorporated and Cool Clear Water Group Ltd. Mr. Bevan served as the Non-Executive Chairman at Empired Limited from November 29, 2016 to July 30, 2018 and has been Non-Executive Director from January 31, 2008. He has been an Executive Director at Cassini Resources Limited since March 10, 2011. He serves as Non-Executive Director of e health Networks Pty Ltd. He served as an Executive Director of Metals of Africa Limited until July 19, 2013. He is a Member of the Australian Institute of Company Directors. He holds BAppSc.

CEO Compensation
  • Richard's compensation has increased whilst company is loss making.
  • Richard's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Cassini Resources management team in years:

5.1
Average Tenure
  • The average tenure for the Cassini Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Richard Bevan

TITLE
MD & Executive Director
COMPENSATION
A$365K
AGE
52
TENURE
7.4 yrs

Greg Miles

TITLE
Executive Director
COMPENSATION
A$260K

Zoran Seat

TITLE
Exploration Manager
TENURE
5.1 yrs

Steve Wood

TITLE
Company Secretary

Ben Grguric

TITLE
Mineralogist Consultant
TENURE
5.1 yrs
Board of Directors Tenure

Average tenure and age of the Cassini Resources board of directors in years:

7.8
Average Tenure
52
Average Age
  • The tenure for the Cassini Resources board of directors is about average.
Board of Directors

Mike Young

TITLE
Non-Executive Chairman
COMPENSATION
A$50K
AGE
57
TENURE
7.4 yrs

Richard Bevan

TITLE
MD & Executive Director
COMPENSATION
A$365K
AGE
52
TENURE
8.3 yrs

Greg Miles

TITLE
Executive Director
COMPENSATION
A$260K
TENURE
7.8 yrs

Phil Warren

TITLE
Non-Executive Director
COMPENSATION
A$40K
AGE
44
TENURE
8.3 yrs

Jon Hronsky

TITLE
Non-Executive Director
COMPENSATION
A$40K
TENURE
5.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Cassini Resources individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
16. Apr 19 Buy Tinci (HK) Limited Company 12. Apr 19 12. Apr 19 25,000,000 A$0.10 A$2,499,985
16. Apr 19 Buy Colin Iles Individual 12. Apr 19 12. Apr 19 8,241,907 A$0.10 A$824,186
16. Apr 19 Buy Xiao Yu Bu Individual 12. Apr 19 12. Apr 19 10,000,000 A$0.10 A$999,994
X
Management checks
We assess Cassini Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cassini Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholder Owns Most Cassini Resources Limited (ASX:CZI) Stock?

A look at the shareholders of Cassini Resources Limited (ASX:CZI) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Cassini Resources is not a large company by global standards.

Simply Wall St -

Does Market Volatility Impact Cassini Resources Limited's (ASX:CZI) Share Price?

If you're interested in Cassini Resources Limited (ASX:CZI), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Financially Strong Is Cassini Resources Limited (ASX:CZI)?

The direct benefit for Cassini Resources Limited (ASX:CZI), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Does CZI's growth rate justify its decision for financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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Should You Worry About Cassini Resources Limited's (ASX:CZI) CEO Pay?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Richard Bevan's Compensation Compare With Similar Sized Companies. … Our data indicates that Cassini Resources Limited is worth AU$30m, and total annual CEO compensation is AU$365k

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Why Cassini Resources Limited (ASX:CZI) Is An Attractive Investment

Attractive stocks have exceptional fundamentals. … In the case of Cassini Resources Limited (ASX:CZI), there's

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Is It Time To Sell Cassini Resources Limited (ASX:CZI) Based Off Its PE Ratio?

and want to better understand how you can grow your money by investing in Cassini Resources Limited (ASX:CZI). … Cassini Resources Limited (ASX:CZI) trades with a trailing P/E of 70.2x, which is higher than the industry average of 13.3x. … While CZI might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.

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Will Cassini Resources Limited (ASX:CZI) Continue To Underperform Its Industry?

Cassini Resources Limited’s (ASX:CZI) most recent return on equity was a substandard 2.16% relative to its industry performance of 11.89% over the past year. … See our latest analysis for Cassini Resources Breaking down Return on Equity Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Cassini Resources’s equity capital deployed.

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Should You Sell Cassini Resources Limited (ASX:CZI) At This PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for CZI Price per share = A$0.07 Earnings per share = A$0.001 ∴ Price-Earnings Ratio = A$0.07 ÷ A$0.001 = 73.3x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … CZI’s P/E of 73.3x is higher than its industry peers (13.4x), which implies that each dollar of CZI’s earnings is being overvalued by investors.

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When Should You Buy Cassini Resources Limited (ASX:CZI)?

Since Cassini Resources’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Cassini Resources, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

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Interested In Cassini Resources Limited (ASX:CZI)? Here's How It Performed Recently

Assessing Cassini Resources Limited's (ASX:CZI) past track record of performance is a valuable exercise for investors. … ASX:CZI Income Statement Mar 10th 18 We can further assess Cassini Resources's loss by looking at what the industry has been experiencing over the past few years. … The most insightful step is to assess company-specific issues Cassini Resources may be facing and whether management guidance has consistently been met in the past.

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Company Info

Description

Cassini Resources Limited, together with its subsidiaries, develops and explores base and precious mineral properties in Australia and the United States. The company explores for nickel, copper, cobalt, platinum and palladium, zinc, 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.

Details
Name: Cassini Resources Limited
CZI
Exchange: ASX
Founded: 2011
A$39,057,666
415,507,093
Website: http://www.cassiniresources.com.au
Address: Cassini Resources Limited
16 Ord Street,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CZI Ordinary Shares Australian Securities Exchange AU AUD 09. Jan 2012
OTCPK CSSQ.F Ordinary Shares Pink Sheets LLC US USD 09. Jan 2012
DB ICR Ordinary Shares Deutsche Boerse AG DE EUR 09. Jan 2012
CHIA CZI Ordinary Shares Chi-X Australia AU AUD 09. Jan 2012
Number of employees
Current staff
Staff numbers
0
Cassini Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 10:37
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/03/20
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.