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DME

Dome Gold MinesASX:DME Stock Report

Market Cap

AU$56.0m

7D

0%

1Y

-10.3%

Updated

15 Oct, 2021

Data

Company Financials
DME fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

DME Overview

Dome Gold Mines Ltd, together with its subsidiaries, engages in the exploration and evaluation of mineral projects in Fiji.

Price History & Performance

Summary of all time highs, changes and price drops for Dome Gold Mines
Historical stock prices
Current Share PriceAU$0.17
52 Week HighAU$0.10
52 Week LowAU$0.18
Beta0.25
1 Month Change2.94%
3 Month Change2.94%
1 Year Change-10.26%
3 Year Change-20.46%
5 Year Change-48.53%
Change since IPO-16.67%

Recent News & Updates

Shareholder Returns

DMEAU Metals and MiningAU Market
7D0%2.4%0.1%
1Y-10.3%10.1%19.3%

Return vs Industry: DME underperformed the Australian Metals and Mining industry which returned 10.1% over the past year.

Return vs Market: DME underperformed the Australian Market which returned 19.3% over the past year.

Price Volatility

Is DME's price volatile compared to industry and market?
DME volatility
DME Beta0.25
Industry Beta0.97
Market Beta1

Stable Share Price: Insufficient data to determine DME's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine DME's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/an/ahttps://www.domegoldmines.com.au

Dome Gold Mines Ltd, together with its subsidiaries, engages in the exploration and evaluation of mineral projects in Fiji. It explores for gold, copper, and silver deposits, as well as mineral sands. The company holds 100% interests in three special prospecting licenses (SPLs), including the SPL 1495 Sigatoka Iron and Industrial Sand project covering an area of 2,522.69 hectares, which is situated on the south coast of Viti Levu; the SPL 1451 Ono Island project covering an area of 3,028 hectares that is located on Ono Island; and the SPL 1452 Nadrau project covering an area of 33,213 hectares, which is located on the main island of Viti Levu.

Dome Gold Mines Fundamentals Summary

How do Dome Gold Mines's earnings and revenue compare to its market cap?
DME fundamental statistics
Market CapAU$56.01m
Earnings (TTM)-AU$2.24m
Revenue (TTM)n/a

0x

P/S Ratio

-25.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DME income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$2.24m
Earnings-AU$2.24m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.007
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio2.8%

How did DME perform over the long term?

See historical performance and comparison

Valuation

Is Dome Gold Mines undervalued compared to its fair value and its price relative to the market?

1.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DME's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DME's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DME is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: DME 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 DME's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DME is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Dome Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.01%

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 Dome Gold Mines 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.


Past Performance

How has Dome Gold Mines performed over the past 5 years?

-6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DME is currently unprofitable.

Growing Profit Margin: DME is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DME is unprofitable, and losses have increased over the past 5 years at a rate of 6.5% per year.

Accelerating Growth: Unable to compare DME's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DME 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: DME has a negative Return on Equity (-7.02%), as it is currently unprofitable.


Financial Health

How is Dome Gold Mines's financial position?


Financial Position Analysis

Short Term Liabilities: DME's short term assets (A$300.8K) exceed its short term liabilities (A$290.5K).

Long Term Liabilities: DME's short term assets (A$300.8K) do not cover its long term liabilities (A$899.5K).


Debt to Equity History and Analysis

Debt Level: DME's debt to equity ratio (2.8%) is considered satisfactory.

Reducing Debt: DME's debt to equity ratio has reduced from 5.3% to 2.8% over the 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: DME has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DME has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.6% each year


Dividend

What is Dome Gold Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DME'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 DME's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DME'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 DME's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

0.7yrs

Average board tenure


CEO

Dome Gold Mines has no CEO, or we have no data on them.


Board Members

Experienced Board: DME's board of directors are not considered experienced ( 0.7 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 8.6%.


Top Shareholders

Company Information

Dome Gold Mines Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Dome Gold Mines Ltd
  • Ticker: DME
  • Exchange: ASX
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$56.015m
  • Shares outstanding: 320.08m
  • Website: https://www.domegoldmines.com.au

Location

  • Dome Gold Mines Ltd
  • 680 George Street
  • Level 46
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:50
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
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.