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DEG

De Grey Mining ASX:DEG Stock Report

Last Price

AU$1.07

Market Cap

AU$1.5b

7D

-4.5%

1Y

-31.6%

Updated

26 May, 2022

Data

Company Financials +
DEG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

DEG Stock Overview

De Grey Mining Limited explore for and develops mineral properties in Australia.

De Grey Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for De Grey Mining
Historical stock prices
Current Share PriceAU$1.07
52 Week HighAU$1.62
52 Week LowAU$0.90
Beta-1.61
1 Month Change-8.94%
3 Month Change-2.73%
1 Year Change-31.63%
3 Year Change1,075.82%
5 Year Change2,129.17%
Change since IPO-67.58%

Recent News & Updates

Shareholder Returns

DEGAU Metals and MiningAU Market
7D-4.5%-1.1%-0.4%
1Y-31.6%1.7%-1.1%

Return vs Industry: DEG underperformed the Australian Metals and Mining industry which returned 1.7% over the past year.

Return vs Market: DEG underperformed the Australian Market which returned -1.1% over the past year.

Price Volatility

Is DEG's price volatile compared to industry and market?
DEG volatility
DEG Average Weekly Movement9.0%
Metals and Mining Industry Average Movement10.9%
Market Average Movement9.3%
10% most volatile stocks in AU Market16.4%
10% least volatile stocks in AU Market4.2%

Stable Share Price: DEG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: DEG's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/aGlenn R. Jardinehttps://www.degreymining.com.au

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 Mallina Gold project covering an area of approximately 1,500 square kilometer located to the south west of Port Hedland in the Pilbara region of Western Australia.

De Grey Mining Fundamentals Summary

How do De Grey Mining's earnings and revenue compare to its market cap?
DEG fundamental statistics
Market CapAU$1.51b
Earnings (TTM)-AU$7.83m
Revenue (TTM)AU$758.01k

2,019x

P/S Ratio

-192.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DEG income statement (TTM)
RevenueAU$758.01k
Cost of RevenueAU$0
Gross ProfitAU$758.01k
Other ExpensesAU$8.59m
Earnings-AU$7.83m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0056
Gross Margin100.00%
Net Profit Margin-1,033.07%
Debt/Equity Ratio0%

How did DEG perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is De Grey Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.3%

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: DEG's revenue is expected to decline over the next 3 years (-119.8% per year).

High Growth Revenue: DEG's revenue is forecast to decline over the next 3 years (-119.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DEG is forecast to be unprofitable in 3 years.


Past Performance

How has De Grey Mining performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-19.6%

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 19.6% 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 (57.8%).


Return on Equity

High ROE: DEG has a negative Return on Equity (-2.69%), as it is currently unprofitable.


Financial Health

How is De Grey Mining's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: DEG's short term assets (A$124.9M) exceed its short term liabilities (A$9.8M).

Long Term Liabilities: DEG's short term assets (A$124.9M) exceed its long term liabilities (A$2.8M).


Debt to Equity History and Analysis

Debt Level: DEG is debt free.

Reducing Debt: DEG has not had any debt for past 5 years.


Balance Sheet


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 1.2 years if free cash flow continues to reduce at historical rates of 59.9% each year.


Dividend

What is De Grey Mining current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DEG has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Glenn R. Jardine (58 yo)

2yrs

Tenure

AU$809,106

Compensation

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 ($USD572.45K) is below average for companies of similar size in the Australian market ($USD1.03M).

Compensation vs Earnings: Glenn R.'s compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: DEG's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: DEG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.2%.


Top Shareholders

Company Information

De Grey Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: De Grey Mining Limited
  • Ticker: DEG
  • Exchange: ASX
  • Founded: 2002
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: AU$1.507b
  • Shares outstanding: 1.41b
  • Website: https://www.degreymining.com.au

Location

  • De Grey Mining Limited
  • 2 Kings Park Road
  • Ground Floor
  • West Perth
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.