E79 Gold Mines Limited operates as a gold exploration company.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.26|
|52 Week High||AU$0.23|
|52 Week Low||AU$0.28|
|1 Month Change||n/a|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||4.00%|
Recent News & Updates
|E79||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how E79 performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how E79 performed against the Australian Market.
Stable Share Price: Insufficient data to determine E79's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine E79's volatility change over the past year.
About the Company
E79 Gold Mines Limited operates as a gold exploration company. It focuses on holding two projects with tenements covering approximately 683 square kilometers of prospective ground in two proven gold producing greenstone belts in the Eastern Goldfields of Western Australia. The company was formerly known as Zamanco Minerals Limited and changed its name to E79 Gold Mines Limited in July 2021.
E79 Gold Mines Fundamentals Summary
|E79 fundamental statistics|
Is E79 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|E79 income statement (TTM)|
|Cost of Revenue||AU$30.81k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.00034|
|Net Profit Margin||417.77%|
How did E79 perform over the long term?See historical performance and comparison
Is E79 Gold Mines undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate E79's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate E79's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: E79 is poor value based on its PE Ratio (764.7x) compared to the Australian Metals and Mining industry average (14.7x).
PE vs Market: E79 is poor value based on its PE Ratio (764.7x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate E79's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: E79 is overvalued based on its PB Ratio (6.3x) compared to the AU Metals and Mining industry average (2.5x).
How is E79 Gold Mines 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 E79 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.
How has E79 Gold Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: E79 has a large one-off gain of A$132.3K impacting its June 30 2021 financial results.
Growing Profit Margin: E79 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: E79 has become profitable over the past 5 years, growing earnings by 9.8% per year.
Accelerating Growth: E79 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: E79 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: E79's Return on Equity (0.8%) is considered low.
How is E79 Gold Mines's financial position?
Financial Position Analysis
Short Term Liabilities: E79's short term assets (A$2.7M) exceed its short term liabilities (A$49.0K).
Long Term Liabilities: E79 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: E79 is debt free.
Reducing Debt: E79 has not had any debt for past 5 years.
Debt Coverage: E79 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: E79 has no debt, therefore coverage of interest payments is not a concern.
What is E79 Gold Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate E79's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate E79'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 E79's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if E79'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 E79'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. Edward Summerhayes, also known as Ned, serves as a Chief Executive Officer at E79 Gold Mines Limited. He has experience in Mineral Exploration, primarily in Western Australia. Ned’s most recent role wa...
Experienced Board: E79's board of directors are not considered experienced ( 0.8 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: E79 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: E79 only recently listed within the past 12 months.
E79 Gold Mines Limited's employee growth, exchange listings and data sources
- Name: E79 Gold Mines Limited
- Ticker: E79
- Exchange: ASX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: AU$16.919m
- Shares outstanding: 65.07m
- Website: https://www.e79gold.com.au
- E79 Gold Mines Limited
- 168 Stirling Highway
- First Floor
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:47|
|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.