De Grey Mining Limited explore for and develops mineral properties in Australia. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has De Grey Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DEG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: DEG's weekly volatility (11%) has been stable over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: DEG exceeded the Australian Metals and Mining industry which returned 59.8% over the past year.
Return vs Market: DEG exceeded the Australian Market which returned 37.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is De Grey Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StRead This Before Buying De Grey Mining Limited (ASX:DEG) Shares
1 month ago | Simply Wall StWe're Not Very Worried About De Grey Mining's (ASX:DEG) Cash Burn Rate
3 months ago | Simply Wall StDo Institutions Own De Grey Mining Limited (ASX:DEG) Shares?
Is De Grey Mining 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 DEG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DEG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DEG is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: DEG 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 DEG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DEG is overvalued based on its PB Ratio (10.9x) compared to the AU Metals and Mining industry average (2.5x).
How is De Grey Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DEG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DEG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DEG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if DEG's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if DEG's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DEG is forecast to be unprofitable in 3 years.
How has De Grey Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DEG is currently unprofitable.
Growing Profit Margin: DEG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DEG is unprofitable, and losses have increased over the past 5 years at a rate of 20.6% per year.
Accelerating Growth: Unable to compare DEG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DEG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.6%).
Return on Equity
High ROE: DEG has a negative Return on Equity (-3.13%), as it is currently unprofitable.
How is De Grey Mining's financial position?
Financial Position Analysis
Short Term Liabilities: DEG's short term assets (A$105.2M) exceed its short term liabilities (A$4.2M).
Long Term Liabilities: DEG's short term assets (A$105.2M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: DEG is debt free.
Reducing Debt: DEG has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DEG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DEG has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 53.9% each year.
What is De Grey Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DEG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DEG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DEG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DEG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DEG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Glenn R. Jardine (57 yo)
Mr. Glenn R. A. Jardine, BEng, MAICD, FAusIMM, Mausimm, serves as Managing Director at De Grey Mining Limited since May 4, 2020 and its Director since May 11, 2020. He served as Chief Executive Officer of ...
CEO Compensation Analysis
Compensation vs Market: Glenn R.'s total compensation ($USD274.97K) is below average for companies of similar size in the Australian market ($USD1.28M).
Compensation vs Earnings: Insufficient data to compare Glenn R.'s compensation with company performance.
Experienced Management: DEG's management team is considered experienced (2.8 years average tenure).
Experienced Board: DEG's board of directors are not considered experienced ( 1.8 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 diluted in the past year, with total shares outstanding growing by 10.4%.
De Grey Mining Limited's company bio, employee growth, exchange listings and data sources
- Name: De Grey Mining Limited
- Ticker: DEG
- Exchange: ASX
- Founded: 2002
- Industry: Gold
- Sector: Materials
- Market Cap: AU$1.818b
- Shares outstanding: 1.29b
- Website: https://www.degreymining.com.au
- De Grey Mining Limited
- 22 Railway Road
- Suites 24-26
- Western Australia
De Grey Mining Limited explore for and develops mineral properties in Australia. The company primarily explores for gold, silver, zinc, lead, and lithium deposits. It primarily holds interests in the Malli...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 08:09|
|End of Day Share Price||2021/05/07 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.