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Dart Mining

ASX:DTM
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DTM
ASX
A$6M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Dart Mining NL engages in the exploration of precious, base, and other metals north-east Victoria. The last earnings update was 42 days ago. More info.


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DTM Share Price and Events
7 Day Returns
0%
ASX:DTM
-4.3%
AU Metals and Mining
0.3%
AU Market
1 Year Returns
-48.1%
ASX:DTM
13.6%
AU Metals and Mining
5.2%
AU Market
DTM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dart Mining (DTM) 0% 20% 0% -48.1% -30.9% -77%
AU Metals and Mining -4.3% 1.5% 13.7% 13.6% 73.8% 7.3%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • DTM underperformed the Metals and Mining industry which returned 13.6% over the past year.
  • DTM underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
DTM
Industry
5yr Volatility vs Market

Value

 Is Dart Mining 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 Dart Mining. This is due to cash flow or dividend data being unavailable. The share price is A$0.006.
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 Dart Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dart Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:DTM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:DTM Share Price ** ASX (2019-04-17) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.54x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

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

** Primary Listing of Dart Mining.

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

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

= 0.01 ÷ 0.00

-3.77x

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

  • Dart Mining is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Dart Mining is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Dart Mining's expected growth come at a high price?
Raw Data
ASX:DTM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.56x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*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 Dart Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dart Mining's assets?
Raw Data
ASX:DTM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:DTM Share Price * ASX (2019-04-17) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 584 Publicly-Listed Metals and Mining Companies 1.51x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:DTM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ 0.01

0.61x

* Primary Listing of Dart Mining.

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

  • Dart Mining is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Dart Mining'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. Dart Mining has a total score of 1/6, 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 Dart Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Dart Mining 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
-0.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dart Mining expected to grow at an attractive rate?
  • Unable to compare Dart Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Dart Mining's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Dart Mining's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:DTM Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average -0.1%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*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:DTM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:DTM Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -2
2018-06-30 0 -1 -2
2018-03-31 0 -1 -2
2017-12-31 0 -1 -2
2017-09-30 0 -1 -1
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1
2016-09-30 0 -1 -1
2016-06-30 0 -1 -1
2016-03-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Dart Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Dart Mining is high growth as no revenue estimate data is available.
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:DTM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Dart Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DTM Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 -0.01

*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 Dart Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Dart Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Dart Mining's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Dart Mining's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Dart Mining'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.
Dart Mining has a total score of 0/6, 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 Dart Mining 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 Dart Mining'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.
  • Dart Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Dart Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Dart Mining's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Dart Mining'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 Dart Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DTM 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 0.00 -1.27 0.33
2018-09-30 0.00 -1.86 0.52
2018-06-30 0.00 -2.45 0.70
2018-03-31 0.01 -2.31 0.83
2017-12-31 0.02 -2.17 0.96
2017-09-30 0.02 -1.44 0.80
2017-06-30 0.02 -0.72 0.64
2017-03-31 0.15 -0.65 0.72
2016-12-31 0.29 -0.58 0.79
2016-09-30 0.29 -0.65 0.85
2016-06-30 0.29 -0.72 0.92
2016-03-31 0.16 -1.67 1.07 0.09
2015-12-31 0.03 -2.62 1.22 0.18
2015-09-30 0.06 -2.89 1.30 0.32
2015-06-30 0.10 -3.15 1.39 0.46
2015-03-31 1.12 -1.92 0.90 0.41
2014-12-31 2.15 -0.69 0.41 0.36
2014-09-30 2.16 -0.88 0.88 0.58
2014-06-30 2.17 -1.06 1.36 0.80
2014-03-31 3.43 -0.68 1.66 2.04
2013-12-31 4.70 -0.30 1.97 3.29
2013-09-30 4.65 -0.12 1.68 2.93
2013-06-30 4.61 0.06 1.39 2.57
2013-03-31 2.75 1.02 1.46
2012-12-31 0.04 -1.46 1.52
2012-09-30 0.06 -1.24 1.30
2012-06-30 0.08 -1.02 1.08

*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 Dart Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Dart Mining 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 Dart Mining 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 Dart Mining'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.
Dart Mining 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 Dart Mining'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 Dart Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dart Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dart Mining's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dart Mining'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.
  • Dart Mining 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 Dart Mining Company Filings, last reported 3 months ago.

ASX:DTM Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 9.07 0.00 1.16
2018-09-30 9.07 0.00 1.16
2018-06-30 8.09 0.00 0.68
2018-03-31 8.09 0.00 0.68
2017-12-31 7.99 0.00 0.54
2017-09-30 7.99 0.00 0.54
2017-06-30 8.64 0.00 0.22
2017-03-31 8.64 0.00 0.22
2016-12-31 8.57 0.00 0.31
2016-09-30 8.57 0.00 0.31
2016-06-30 8.35 0.00 0.44
2016-03-31 8.35 0.00 0.44
2015-12-31 8.22 0.00 0.41
2015-09-30 8.22 0.00 0.41
2015-06-30 8.52 0.00 1.17
2015-03-31 8.52 0.00 1.17
2014-12-31 10.68 0.00 2.80
2014-09-30 10.68 0.00 2.80
2014-06-30 10.57 0.00 3.58
2014-03-31 10.57 0.00 3.58
2013-12-31 15.48 0.00 3.66
2013-09-30 15.48 0.00 3.66
2013-06-30 11.59 0.00 5.75
2013-03-31 16.99 0.00 5.75
2012-12-31 11.80 0.00 2.81
2012-09-30 11.80 0.00 2.81
2012-06-30 11.09 0.00 3.48
  • Dart Mining has no debt.
  • Dart Mining 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.

  • Dart Mining has less than a year of cash runway based on current free cash flow.
  • Dart Mining has less than a year of cash runway if free cash flow continues to reduce at historical rates of -10.8% each year.
X
Financial health checks
We assess Dart Mining'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. Dart Mining 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 Dart Mining'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 Dart Mining dividends.
If you bought A$2,000 of Dart Mining 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 Dart Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Dart Mining'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:DTM 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 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
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 5.7%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Dart Mining has not reported any payouts.
  • Unable to verify if Dart Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Dart Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dart Mining 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 Dart Mining'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 Dart Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dart Mining 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 Dart Mining'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
James Chirnside
COMPENSATION A$197,100
AGE 57
TENURE AS CEO 3.8 years
CEO Bio

Mr. James M. Chirnside serves as the Managing Director of Dart Mining NL. Mr. Chirnside has been involved in financial and commodity markets over a thirty-year period. In the part of his formal career, he worked for global commodity trading house Bunge where he traded in a range of food, fiber, steel and base metal commodities. He ran the overnight commodity-trading desk in Melbourne for Bell Commodities where clients including Pasminco and other mining companies would hedge metal production on the London Metal Exchange. From 1988 to 1992, he worked for Investment Bank County NatWest in London where during the first gulf war he proprietary traded, commodities including crude oil where he was primarily focused on Country Funds and derivative arbitrage strategies. Mr. Chirnside moved to Hong Kong with fund manager Regent Pacific Group where he was responsible for resources investment across Asia Pacific as well as its proprietary activities in base and precious metals trading. In the 1990's, he managed emerging market hedge funds in Hong Kong and London for Regent Fund Management (now AIM listed Charlemagne Capital). Since returning to Australia and establishing his own asset management company from 2002 to 2012, he has been involved in capital raising and investment across Asia Pacific. In 2006, he was awarded 1st place in the Australian Hedge Fund awards for best performing fund. In 2008 at the height of the GFC James’ fund was ranked 1st place out of 495 funds investing across the Asia Pacific region and returned 30% for his investors that year. He was involved with Dart Mining 2011 and raised capital for it as well as investing directly in Dart Mining shares. He worked for Mt Newman Mining in the Pilbara as a geologist’s assistant. From 2000 to 2001, he worked for Challenger Financial Group in Sydney as a Product Development Manager, responsible for hedge fund investments. Mr. Chirnside has been Chairman of Dart Mining NL since June 18, 2015 and serves its Director. He has been a Non Executive Director of Ask Funding Limited since September 15, 2015. He has been an Independent Non Executive Director of Mercantile Investment Company Ltd. since November 5, 2010. He has been a Director of Paddington Asia Fund Ltd. since September 18, 2012 and Murchison Metals Limited since July 8, 2014. He serves as an Independent Non-Executive Director of Cadence Capital Limited. He has been an Independent Non-Executive Director at WAM Capital Limited since February 13, 2003. He served as a Non-Executive Director at DMX Corporation Limited from September 1, 2012 to November 27, 2012. Mr. Chirnside studied B. Bus. from Edith Cowan University in Western Australia James.

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

Average tenure of the Dart Mining management team in years:

3.8
Average Tenure
  • The tenure for the Dart Mining management team is about average.
Management Team

James Chirnside

TITLE
Chairman & MD
COMPENSATION
A$197K
AGE
57
TENURE
3.8 yrs

Julie Edwards

TITLE
Company Secretary & CFO
TENURE
3.8 yrs

Pam Noonan

TITLE
Manager of Finance and Administration
TENURE
3.7 yrs

S. Dunn

TITLE
Executive

Natalie Purden

TITLE
Regional Support Manager - Corryong
Board of Directors Tenure

Average tenure of the Dart Mining board of directors in years:

3.8
Average Tenure
  • The tenure for the Dart Mining board of directors is about average.
Board of Directors

James Chirnside

TITLE
Chairman & MD
COMPENSATION
A$197K
AGE
57
TENURE
3.8 yrs

Luke Robinson

TITLE
Independent Non-Executive Director
COMPENSATION
A$33K
TENURE
3.8 yrs

Denis Clarke

TITLE
Independent Non-Executive Director
COMPENSATION
A$9K
AGE
76
TENURE
1.1 yrs

Meredith Lyons

TITLE
Alternate Non-Executive Director
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
05. Jul 18 Buy Bendigo Wine Estate Company 29. Jun 18 29. Jun 18 1,000,000 A$0.01 A$8,999
05. Jul 18 Buy Kalan Seven Pty Ltd Company 29. Jun 18 29. Jun 18 20,871,934 A$0.01 A$187,825
05. Jul 18 Buy Yulang Pty. Ltd. Company 29. Jun 18 29. Jun 18 666,667 A$0.01 A$5,999
05. Jul 18 Buy Philip Alan Naylor Individual 29. Jun 18 29. Jun 18 5,639,494 A$0.01 A$50,749
X
Management checks
We assess Dart Mining'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. Dart Mining 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

Did You Manage To Avoid Dart Mining's (ASX:DTM) Devastating 74% Share Price Drop?

For example, we sympathize with anyone who was caught holding Dart Mining NL (ASX:DTM) during the five years that saw its share price drop a whopping 74%. … For example, investors may be hoping that Dart Mining finds some valuable resources, before it runs out of money. … Dart Mining has already given some investors a taste of the bitter losses that high risk investing can cause.

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Have Insiders Been Buying Dart Mining NL (ASX:DTM) Shares?

So before you buy or sell Dart Mining NL (ASX:DTM), you may well want to know whether insiders have been buying or selling. … Dart Mining Insider Transactions Over The Last Year. … In total, Dart Mining insiders bought more than they sold over the last year

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Should You Worry About Dart Mining NL's (ASX:DTM) CEO Pay Check?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does James Chirnside's Compensation Compare With Similar Sized Companies. … Most shareholders would consider it a positive that James Chirnside takes less compensation than the CEOs of most similar size companies, leaving more for shareholders.

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Who Really Owns Dart Mining NL (ASX:DTM)?

In this analysis, my focus will be on developing a perspective on Dart Mining NL’s (ASX:DTM) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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How Much Did Dart Mining NL's (ASX:DTM) CEO Pocket Last Year?

View our latest analysis for Dart Mining What has DTM's performance been like? … In the situation of negative earnings, the company may be going through a period of reinvestment and growth, or it can be a sign of some headwind. … Usually I would use earnings and market cap to account for variations in performance, however, DTM's negative earnings lower the effectiveness of this method.

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Why Dart Mining NL's (ASX:DTM) Ownership Structure Is Important

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in DTM should also look at another important group of investors: private companies, with a stake of 15.44%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

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How Has Dart Mining NL's (ASX:DTM) Earnings Performed Against The Industry?

View our latest analysis for Dart Mining How Well Did DTM Perform? … For the most up-to-date info, I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Dart Mining's latest twelve-month earnings -A$0.7M, which, in comparison to the previous year's level, has become less negative.

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Interested In Basic Materials? Why Dart Mining NL (ASX:DTM) May Be The Entry Point

Dart Mining NL (ASX:DTM), a AUDA$4.94M small-cap, operates in the basic materials industry which supplies materials for construction. … Below, I will examine the sector growth prospects, and also determine whether DTM is a laggard or leader relative to its basic materials sector peers. … If DTM has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the metals and mining industry.

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Company Info

Description

Dart Mining NL engages in the exploration of precious, base, and other metals north-east Victoria. The company primarily explores for lithium, gold, silver, copper, molybdenum, zinc, tungsten, tin, and tantalum ores. It has an exploration license, EL006016, located near Rushworth in Central Victoria; and focuses on the Dorchap lithium project. The company was founded in 2006 and is based in Corryong, Australia.

Details
Name: Dart Mining NL
DTM
Exchange: ASX
Founded: 2006
A$5,568,256
928,042,803
Website: http://www.dartmining.com.au
Address: Dart Mining NL
4 Bryant Street,
Corryong,
Victoria, 3707,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX DTM Ordinary Shares Australian Securities Exchange AU AUD 10. May 2007
CHIA DTM Ordinary Shares Chi-X Australia AU AUD 10. May 2007
Number of employees
Current staff
Staff numbers
0
Dart Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:33
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/07
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.