Equus Mining Limited operates as an exploration and development company in Chile.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.009|
|52 Week High||AU$0.007|
|52 Week Low||AU$0.027|
|1 Month Change||-5.26%|
|3 Month Change||-18.18%|
|1 Year Change||-40.00%|
|3 Year Change||-52.63%|
|5 Year Change||-25.00%|
|Change since IPO||-99.63%|
Recent News & Updates
Equus Mining (ASX:EQE) Will Have To Spend Its Cash Wisely
We can readily understand why investors are attracted to unprofitable companies. For example, although...
|EQE||AU Metals and Mining||AU Market|
Return vs Industry: EQE underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: EQE underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: EQE is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: EQE's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Equus Mining Limited operates as an exploration and development company in Chile. The company explores for gold and silver deposits. Its flagship project is the Cerro Bayo project covering an area of 295 square kilometers located in the township of Chile Chico, Chile’s XI Region.
Equus Mining Fundamentals Summary
|EQE fundamental statistics|
Is EQE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EQE income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00068|
|Net Profit Margin||0.00%|
How did EQE perform over the long term?See historical performance and comparison
Is Equus 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 EQE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EQE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EQE is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: EQE 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 EQE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EQE is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.5x).
How is Equus 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 Equus 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 Equus Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EQE is currently unprofitable.
Growing Profit Margin: EQE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EQE is unprofitable, and losses have increased over the past 5 years at a rate of 11.1% per year.
Accelerating Growth: Unable to compare EQE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EQE 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: EQE has a negative Return on Equity (-11.38%), as it is currently unprofitable.
How is Equus Mining's financial position?
Financial Position Analysis
Short Term Liabilities: EQE's short term assets (A$4.8M) exceed its short term liabilities (A$894.0K).
Long Term Liabilities: EQE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EQE is debt free.
Reducing Debt: EQE has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EQE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EQE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.7% each year
What is Equus Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EQE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EQE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EQE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EQE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EQE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. John Richard Braham serves as Non-Executive Director of Castile Resources Ltd., since November 29, 2019. He has been an Executive Director of Equus Mining Limited since November 13, 2018 and its Managi...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD282.39K) is about average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: EQE's management team is considered experienced (2.1 years average tenure).
Experienced Board: EQE's board of directors are not considered experienced ( 2.9 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: 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 39.1%.
Equus Mining Limited's employee growth, exchange listings and data sources
- Name: Equus Mining Limited
- Ticker: EQE
- Exchange: ASX
- Founded: 1994
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$22.548m
- Shares outstanding: 2.51b
- Website: https://www.equusmining.com
- Equus Mining Limited
- 66 Hunter Street
- Level 2
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:02|
|End of Day Share Price||2021/10/15 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.