E2 Metals Limited engages in the exploration and evaluation of mineral deposits in Australia and Argentina.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.25|
|52 Week High||AU$0.22|
|52 Week Low||AU$1.01|
|1 Month Change||-15.25%|
|3 Month Change||-16.67%|
|1 Year Change||11.11%|
|3 Year Change||212.50%|
|5 Year Change||n/a|
|Change since IPO||61.29%|
Recent News & Updates
We Think E2 Metals (ASX:E2M) Can Afford To Drive Business Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although...
|E2M||AU Metals and Mining||AU Market|
Return vs Industry: E2M exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: E2M underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: E2M is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: E2M's weekly volatility has decreased from 41% to 9% over the past year.
About the Company
E2 Metals Limited engages in the exploration and evaluation of mineral deposits in Australia and Argentina. It explores for gold, silver, and copper deposits. Its flagship property is the Santa Cruz project covering an area of approximately 90,000 hectares located in southern Argentina.
E2 Metals Fundamentals Summary
|E2M fundamental statistics|
Is E2M overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|E2M income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.035|
|Net Profit Margin||0.00%|
How did E2M perform over the long term?See historical performance and comparison
Is E2 Metals 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 E2M's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate E2M's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: E2M is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: E2M 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 E2M's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: E2M is overvalued based on its PB Ratio (2.9x) compared to the AU Metals and Mining industry average (2.6x).
How is E2 Metals 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 E2 Metals 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 E2 Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: E2M is currently unprofitable.
Growing Profit Margin: E2M is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: E2M is unprofitable, and losses have increased over the past 5 years at a rate of 44.8% per year.
Accelerating Growth: Unable to compare E2M's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: E2M 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: E2M has a negative Return on Equity (-50.73%), as it is currently unprofitable.
How is E2 Metals's financial position?
Financial Position Analysis
Short Term Liabilities: E2M's short term assets (A$12.0M) exceed its short term liabilities (A$182.5K).
Long Term Liabilities: E2M's short term assets (A$12.0M) exceed its long term liabilities (A$3.8K).
Debt to Equity History and Analysis
Debt Level: E2M is debt free.
Reducing Debt: E2M has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: E2M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: E2M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.9% each year
What is E2 Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate E2M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate E2M's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if E2M's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if E2M's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of E2M's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Todd Jarrad Williams is a Managing Director and Director at E2 Metals Limited since December 20, 2018. Mr. Williams was a founder and principal of Circum Pacific Pty Ltd. He possesses significant techn...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD200.61K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Todd's compensation has increased whilst the company is unprofitable.
Experienced Board: E2M's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.7%.
E2 Metals Limited's employee growth, exchange listings and data sources
- Name: E2 Metals Limited
- Ticker: E2M
- Exchange: ASX
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Market Cap: AU$39.875m
- Shares outstanding: 150.47m
- Website: https://e2metals.com.au
- E2 Metals Limited
- 100 Pirie Street
- Level 3
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 07:02|
|End of Day Share Price||2021/10/19 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.