Enova Mining Limited engages in the exploration of rare earth elements (REE) in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.021|
|52 Week High||AU$0.018|
|52 Week Low||AU$0.063|
|1 Month Change||-8.70%|
|3 Month Change||0%|
|1 Year Change||-34.38%|
|3 Year Change||-16.00%|
|5 Year Change||-16.00%|
|Change since IPO||-97.46%|
Recent News & Updates
|ENV||AU Metals and Mining||AU Market|
Return vs Industry: ENV underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: ENV underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: ENV is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: ENV's weekly volatility has decreased from 26% to 21% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Enova Mining Limited engages in the exploration of rare earth elements (REE) in Australia. It primarily focuses on the Charley Creek REE project, which covers 116.6 square kilometers located in the Northern Territory. The company also holds interest in Cockroach Dam, Hamilton Downs, Cloughs Dam, Hamilton Homestead, and Mulga Bore.
Enova Mining Fundamentals Summary
|ENV fundamental statistics|
Is ENV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ENV income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00041|
|Net Profit Margin||-41,004.71%|
How did ENV perform over the long term?See historical performance and comparison
Is Enova Mining 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 ENV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ENV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ENV is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ENV 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 ENV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ENV is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.6x).
How is Enova Mining 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 Enova 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.
How has Enova Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENV is currently unprofitable.
Growing Profit Margin: ENV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ENV is unprofitable, but has reduced losses over the past 5 years at a rate of 17.4% per year.
Accelerating Growth: Unable to compare ENV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ENV 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: ENV has a negative Return on Equity (-3.28%), as it is currently unprofitable.
How is Enova Mining's financial position?
Financial Position Analysis
Short Term Liabilities: ENV's short term assets (A$89.0K) do not cover its short term liabilities (A$237.0K).
Long Term Liabilities: ENV's short term assets (A$89.0K) exceed its long term liabilities (A$20.0K).
Debt to Equity History and Analysis
Debt Level: ENV's debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: ENV's debt to equity ratio has reduced from 17.3% to 5% 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: ENV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ENV has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.9% each year.
What is Enova Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ENV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ENV'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 ENV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ENV'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 ENV'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
Eric Vesel (57 yo)
Mr. Eric Vesel, B.Eng.Min.Eng. MAusiMM serves as Chief Executive Officer and MD at Enova Mining Limited (formerly known as Crossland Strategic Metals Limited). Mr. Vesel serves as an Executive Vice Preside...
Experienced Board: ENV's board of directors are considered experienced (5.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Enova Mining Limited's employee growth, exchange listings and data sources
- Name: Enova Mining Limited
- Ticker: ENV
- Exchange: ASX
- Founded: 1999
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$7.112m
- Shares outstanding: 338.66m
- Website: https://www.enovamining.com
Number of Employees
- Enova Mining Limited
- 360 Collins Street
- Level 26
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:27|
|End of Day Share Price||2021/10/20 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.