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DTM

Dart MiningASX:DTM Stock Report

Market Cap

AU$14.3m

7D

-4.2%

1Y

-41.0%

Updated

25 Oct, 2021

Data

Company Financials
DTM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

DTM Overview

Dart Mining NL engages in the exploration of gold and base metal in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Dart Mining
Historical stock prices
Current Share PriceAU$0.12
52 Week HighAU$0.10
52 Week LowAU$0.27
Beta1.49
1 Month Change9.52%
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

Shareholder Returns

DTMAU Metals and MiningAU Market
7D-4.2%-1.7%0.6%
1Y-41.0%10.8%21.3%

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.

Price Volatility

Is DTM's price volatile compared to industry and market?
DTM volatility
DTM Beta1.49
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2006n/aJames Chirnsidehttps://dartmining.com.au

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

How do Dart Mining's earnings and revenue compare to its market cap?
DTM fundamental statistics
Market CapAU$14.32m
Earnings (TTM)-AU$790.84k
Revenue (TTM)AU$29.41k

500.0x

P/S Ratio

-18.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DTM income statement (TTM)
RevenueAU$29.41k
Cost of RevenueAU$17.60k
Gross ProfitAU$11.82k
ExpensesAU$802.65k
Earnings-AU$790.84k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0063
Gross Margin40.17%
Net Profit Margin-2,688.65%
Debt/Equity Ratio0.0%

How did DTM perform over the long term?

See historical performance and comparison

Valuation

Is Dart Mining undervalued compared to its fair value and its price relative to the market?

0.95x

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).


Future Growth

How is Dart Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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.


Past Performance

How has Dart Mining performed over the past 5 years?

4.6%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

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

6.2yrs

Average management tenure


CEO

James Chirnside (60 yo)

6.33yrs

Tenure

AU$340,854

Compensation

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.


Leadership Team

Experienced Management: DTM's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: DTM's board of directors are considered experienced (6.3 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 41.9%.


Top Shareholders

Company Information

Dart Mining NL's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Dart Mining NL
  • Unit 10
  • 204 Melbourne Road
  • Wodonga
  • Victoria
  • 3690
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:51
End of Day Share Price2021/10/25 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.