Dart Mining NL engages in the exploration of gold and base metal in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.12|
|52 Week High||AU$0.10|
|52 Week Low||AU$0.27|
|1 Month Change||9.52%|
|3 Month Change||-14.82%|
|1 Year Change||-41.03%|
|3 Year Change||-17.86%|
|5 Year Change||-33.74%|
|Change since IPO||-97.02%|
Recent News & Updates
|DTM||AU Metals and Mining||AU Market|
Return vs Industry: DTM underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: DTM underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: DTM is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: DTM's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Dart Mining NL engages in the exploration of gold and base metal in Australia. The company primarily explores for lithium, silver, copper, molybdenum, zinc, tungsten, tin, and tantalum ores. Its flagship project is the Granite Flat located between Mitta Mitta and Glen Wills.
Dart Mining Fundamentals Summary
|DTM fundamental statistics|
Is DTM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DTM income statement (TTM)|
|Cost of Revenue||AU$17.60k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0063|
|Net Profit Margin||-2,688.65%|
How did DTM perform over the long term?See historical performance and comparison
Is Dart 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 DTM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DTM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DTM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: DTM 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 DTM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DTM is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.6x).
How is Dart Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 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 SimplyWall St do have past financial data.
How has Dart Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DTM is currently unprofitable.
Growing Profit Margin: DTM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DTM is unprofitable, but has reduced losses over the past 5 years at a rate of 4.6% per year.
Accelerating Growth: Unable to compare DTM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DTM 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: DTM has a negative Return on Equity (-5.27%), as it is currently unprofitable.
How is Dart Mining's financial position?
Financial Position Analysis
Short Term Liabilities: DTM's short term assets (A$1.2M) exceed its short term liabilities (A$818.6K).
Long Term Liabilities: DTM's short term assets (A$1.2M) exceed its long term liabilities (A$15.5K).
Debt to Equity History and Analysis
Debt Level: DTM is debt free.
Reducing Debt: DTM has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DTM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DTM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.7% each year
What is Dart Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DTM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DTM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DTM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DTM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DTM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
James Chirnside (60 yo)
Mr. James Miller Chirnside serves as the Managing Director of Dart Mining NL. Mr. Chirnside has been involved in financial and commodity markets. In the part of his formal career, he worked for global comm...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD255.51K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.
Experienced Management: DTM's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: DTM's board of directors are considered experienced (6.3 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 41.9%.
Dart Mining NL's employee growth, exchange listings and data sources
- Name: Dart Mining NL
- Ticker: DTM
- Exchange: ASX
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Market Cap: AU$14.316m
- Shares outstanding: 124.49m
- Website: https://dartmining.com.au
- Dart Mining NL
- Unit 10
- 204 Melbourne Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:51|
|End of Day Share Price||2021/10/25 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.