E79

E79 Gold MinesASX:E79 Stock Report

Market Cap

AU$16.9m

7D

6.1%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials
E79 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

E79 Overview

E79 Gold Mines Limited operates as a gold exploration company.

Price History & Performance

Summary of all time highs, changes and price drops for E79 Gold Mines
Historical stock prices
Current Share PriceAU$0.26
52 Week HighAU$0.23
52 Week LowAU$0.28
Beta0
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO4.00%

Recent News & Updates

Shareholder Returns

E79AU Metals and MiningAU Market
7D6.1%3.9%1.7%
1Yn/a13.3%20.3%

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.

Price Volatility

Is E79's price volatile compared to industry and market?
E79 volatility
E79 Beta0
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2007n/aNed Summerhayeshttps://www.e79gold.com.au

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

How do E79 Gold Mines's earnings and revenue compare to its market cap?
E79 fundamental statistics
Market CapAU$16.92m
Earnings (TTM)AU$22.73k
Revenue (TTM)AU$5.44k

764.7x

P/E Ratio

3.3kx

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
E79 income statement (TTM)
RevenueAU$5.44k
Cost of RevenueAU$30.81k
Gross Profit-AU$25.37k
Expenses-AU$48.10k
EarningsAU$22.73k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00034
Gross Margin-466.22%
Net Profit Margin417.77%
Debt/Equity Ratio0.0%

How did E79 perform over the long term?

See historical performance and comparison

Valuation

Is E79 Gold Mines undervalued compared to its fair value and its price relative to the market?

764.71x

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).


Future Growth

How is E79 Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

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.


Past Performance

How has E79 Gold Mines performed over the past 5 years?

9.8%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

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

0.8yrs

Average board tenure


CEO

Ned Summerhayes

no data

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...


Board Members

Experienced Board: E79's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: E79 only recently listed within the past 12 months.


Top Shareholders

Company Information

E79 Gold Mines Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • E79 Gold Mines Limited
  • 168 Stirling Highway
  • First Floor
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:47
End of Day Share Price2021/10/19 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.