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EM2

Eagle Mountain MiningASX:EM2 Stock Report

Market Cap

AU$173.3m

7D

-3.9%

1Y

85.0%

Updated

22 Oct, 2021

Data

Company Financials
EM2 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

EM2 Overview

Eagle Mountain Mining Limited, together with its subsidiaries, engages in the exploration of mineral resources in Australia and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Eagle Mountain Mining
Historical stock prices
Current Share PriceAU$0.74
52 Week HighAU$0.30
52 Week LowAU$1.39
Beta2.45
1 Month Change1.37%
3 Month Change2.78%
1 Year Change85.00%
3 Year Change102.74%
5 Year Changen/a
Change since IPO117.65%

Recent News & Updates

Oct 06
Is Eagle Mountain Mining (ASX:EM2) Using Too Much Debt?

Is Eagle Mountain Mining (ASX:EM2) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

EM2AU Metals and MiningAU Market
7D-3.9%-0.3%0.7%
1Y85.0%12.5%21.4%

Return vs Industry: EM2 exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: EM2 exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is EM2's price volatile compared to industry and market?
EM2 volatility
EM2 Beta2.45
Industry Beta0.97
Market Beta1

Stable Share Price: EM2 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: EM2's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2017n/aTim Masonhttps://www.eaglemountain.com.au

Eagle Mountain Mining Limited, together with its subsidiaries, engages in the exploration of mineral resources in Australia and the United States. It explores for copper, gold, and silver deposits. The company primarily focuses on its 100% owned Oracle Ridge Copper Mine in Arizona, the United States.

Eagle Mountain Mining Fundamentals Summary

How do Eagle Mountain Mining's earnings and revenue compare to its market cap?
EM2 fundamental statistics
Market CapAU$173.33m
Earnings (TTM)-AU$19.20m
Revenue (TTM)AU$45.23k

3.9kx

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EM2 income statement (TTM)
RevenueAU$45.23k
Cost of RevenueAU$0
Gross ProfitAU$45.23k
ExpensesAU$19.24m
Earnings-AU$19.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.084
Gross Margin100.00%
Net Profit Margin-42,447.16%
Debt/Equity Ratio187.6%

How did EM2 perform over the long term?

See historical performance and comparison

Valuation

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

25.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EM2's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EM2's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EM2 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: EM2 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 EM2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EM2 is overvalued based on its PB Ratio (25.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Eagle Mountain 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 Eagle Mountain Mining performed over the past 5 years?

-381.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: EM2 is currently unprofitable.

Growing Profit Margin: EM2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EM2's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare EM2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EM2 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: EM2 has a negative Return on Equity (-320.13%), as it is currently unprofitable.


Financial Health

How is Eagle Mountain Mining's financial position?


Financial Position Analysis

Short Term Liabilities: EM2's short term assets (A$9.4M) exceed its short term liabilities (A$2.7M).

Long Term Liabilities: EM2's short term assets (A$9.4M) do not cover its long term liabilities (A$11.4M).


Debt to Equity History and Analysis

Debt Level: EM2's debt to equity ratio (187.6%) is considered high.

Reducing Debt: Insufficient data to determine if EM2's debt to equity ratio has reduced over the 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: EM2 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EM2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.4% each year


Dividend

What is Eagle Mountain Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EM2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EM2'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 EM2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EM2'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 EM2'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?

1.8yrs

Average management tenure


CEO

Tim Mason

1.75yrs

Tenure

AU$303,131

Compensation

Mr. Timothy S. Mason, also known as Tim, BEng (Hons), MBA, GAICD, has been Chief Executive Officer of Eagle Mountain Mining Limited since January 15, 2020. Mr. Mason served as General Manager of Projects &...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD227.01K) is about average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.


Leadership Team

Experienced Management: EM2's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: EM2's board of directors are considered experienced (4.1 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 53.6%.


Top Shareholders

Company Information

Eagle Mountain Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Eagle Mountain Mining Limited
  • Ticker: EM2
  • Exchange: ASX
  • Founded: 2017
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$173.329m
  • Shares outstanding: 228.06m
  • Website: https://www.eaglemountain.com.au

Location

  • Eagle Mountain Mining Limited
  • 22 Stirling Highway
  • Ground 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 Analysis2021/10/22 07:04
End of Day Share Price2021/10/22 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.