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EQE

Equus MiningASX:EQE Stock Report

Market Cap

AU$22.5m

7D

0%

1Y

-40.0%

Updated

16 Oct, 2021

Data

Company Financials
EQE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

EQE Overview

Equus Mining Limited operates as an exploration and development company in Chile.

Price History & Performance

Summary of all time highs, changes and price drops for Equus Mining
Historical stock prices
Current Share PriceAU$0.009
52 Week HighAU$0.007
52 Week LowAU$0.027
Beta1.98
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

Aug 03
Equus Mining (ASX:EQE) Will Have To Spend Its Cash Wisely

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...

Shareholder Returns

EQEAU Metals and MiningAU Market
7D0%4.3%0.9%
1Y-40.0%12.2%20.2%

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.

Price Volatility

Is EQE's price volatile compared to industry and market?
EQE volatility
EQE Beta1.98
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
1994n/aJohn Brahamhttps://www.equusmining.com

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

How do Equus Mining's earnings and revenue compare to its market cap?
EQE fundamental statistics
Market CapAU$22.55m
Earnings (TTM)-AU$1.72m
Revenue (TTM)n/a

0x

P/S Ratio

-13.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EQE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.72m
Earnings-AU$1.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00068
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did EQE perform over the long term?

See historical performance and comparison

Valuation

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

1.5x

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).


Future Growth

How is Equus Mining 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 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.


Past Performance

How has Equus Mining performed over the past 5 years?

-11.1%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

John Braham

2.08yrs

Tenure

AU$380,469

Compensation

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.


Leadership Team

Experienced Management: EQE's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: EQE's board of directors are not considered experienced ( 2.9 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: 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 diluted in the past year, with total shares outstanding growing by 39.1%.


Top Shareholders

Company Information

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


Key Information

  • 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

Location

  • Equus Mining Limited
  • 66 Hunter Street
  • Level 2
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:02
End of Day Share Price2021/10/15 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.