Elementos Limited engages in the exploration and development of mineral properties in Australia and Spain.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.025|
|52 Week High||AU$0.004|
|52 Week Low||AU$0.029|
|1 Month Change||13.64%|
|3 Month Change||56.25%|
|1 Year Change||400.00%|
|3 Year Change||400.00%|
|5 Year Change||257.14%|
|Change since IPO||25.01%|
Recent News & Updates
|ELT||AU Metals and Mining||AU Market|
Return vs Industry: ELT exceeded the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: ELT exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: ELT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: ELT's weekly volatility has decreased from 19% to 13% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Elementos Limited engages in the exploration and development of mineral properties in Australia and Spain. The company primarily explores for tin, copper, and tungsten deposits. Its flagship project is the Oropesa tin project covering an area of 13 square kilometers located in the Andalucia, Spain.
Elementos Fundamentals Summary
|ELT fundamental statistics|
Is ELT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ELT income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00039|
|Net Profit Margin||0.00%|
How did ELT perform over the long term?See historical performance and comparison
Is Elementos 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 ELT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ELT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ELT is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ELT 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 ELT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ELT is overvalued based on its PB Ratio (7x) compared to the AU Metals and Mining industry average (2.6x).
How is Elementos 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 Elementos 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 Elementos performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELT is currently unprofitable.
Growing Profit Margin: ELT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ELT is unprofitable, and losses have increased over the past 5 years at a rate of 7.9% per year.
Accelerating Growth: Unable to compare ELT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELT 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: ELT has a negative Return on Equity (-11.06%), as it is currently unprofitable.
How is Elementos's financial position?
Financial Position Analysis
Short Term Liabilities: ELT's short term assets (A$5.8M) exceed its short term liabilities (A$2.7M).
Long Term Liabilities: ELT's short term assets (A$5.8M) exceed its long term liabilities (A$9.9K).
Debt to Equity History and Analysis
Debt Level: ELT's debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: ELT's debt to equity ratio has reduced from 11.3% to 10.6% over the 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: ELT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ELT has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 8.9% each year.
What is Elementos's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ELT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ELT'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 ELT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ELT'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 ELT'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
Mr. Joe David serves as Chief Executive Officer at Elementos Limited since April 13, 2021. Mr. David served as Executive Development Manager at Flinders Mines included the management and completion of all...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD195.53K) is below average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Insufficient data to compare Joe's compensation with company performance.
Experienced Management: ELT's management team is considered experienced (2.5 years average tenure).
Experienced Board: ELT's board of directors are considered experienced (6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.5%.
Elementos Limited's employee growth, exchange listings and data sources
- Name: Elementos Limited
- Ticker: ELT
- Exchange: ASX
- Founded: 2009
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$101.317m
- Shares outstanding: 4.05b
- Website: https://www.elementos.com.au
Number of Employees
- Elementos Limited
- 167 Eagle Street
- Level 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:56|
|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.