ASX:EQE

Stock Analysis Report

Executive Summary

Equus Mining Limited focuses on the exploration and development of natural resource projects in Chile.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Equus Mining has significant price volatility in the past 3 months.
  • Equus Mining is not covered by any analysts.

Share Price & News

How has Equus Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

50.0%

ASX:EQE

2.1%

AU Metals and Mining

1.6%

AU Market


1 Year Return

-58.6%

ASX:EQE

16.7%

AU Metals and Mining

5.3%

AU Market

EQE underperformed the Metals and Mining industry which returned 16.7% over the past year.

EQE underperformed the Market in Australia which returned 5.3% over the past year.


Share holder returns

EQEIndustryMarket
7 Day50.0%2.1%1.6%
30 Day140.0%8.3%3.2%
90 Day9.1%9.7%8.3%
1 Year-58.6%-58.6%24.8%16.7%11.4%5.3%
3 Year0%0%115.4%90.2%47.6%28.1%
5 Year20.0%20.0%55.6%21.6%46.2%13.8%

Price Volatility Vs. Market

How volatile is Equus Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Equus Mining undervalued based on future cash flows and its price relative to the stock market?

1.77x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Equus Mining to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Equus Mining to establish if it is available at substantial discount.


Price Based on Earnings

Equus Mining is loss making, we can't compare its value to the AU Metals and Mining industry average.

Equus Mining is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Equus Mining, we can't assess if its growth is good value.


Price Based on Value of Assets

Equus Mining is overvalued based on assets compared to the AU Metals and Mining industry average.


Next Steps

Future Growth

How is Equus Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.1%

Forecasted Metals and Mining 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.


Next Steps

  • Examine Equus Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Equus Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the materials industry.

Past Performance

How has Equus Mining performed over the past 5 years?

34.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Equus Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Equus Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Equus Mining's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Equus Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Equus Mining has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Equus Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Equus Mining's financial position?


Financial Position Analysis

Equus Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Equus Mining has no long term commitments.


Debt to Equity History and Analysis

Equus Mining has no debt.

Equus Mining had no debt 5 years ago.


Balance Sheet

High level of physical assets or inventory.

Equus Mining has no debt, it does not need to be covered by short term assets.


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.

Equus Mining has less than a year of cash runway based on current free cash flow.

Equus Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 41.7% each year.


Next Steps

Dividend

What is Equus Mining's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Equus Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Equus Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Equus Mining has not reported any payouts.

Unable to verify if Equus Mining's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Equus Mining has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Equus Mining's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average board tenure


CEO

Equus Mining has no CEO, or we have no data on them.


Board Age and Tenure

4.3yrs

Average Tenure

The tenure for the Equus Mining board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyAU$4,78613 Aug 18
Edward Leschke
EntityIndividual
Shares200,000
Max PriceAU$0.024

Ownership Breakdown


Management Team

  • Marcelo Mora

    Company Secretary

    • Tenure: 6.7yrs
  • Damien Koerber

    Geological Consultant

  • John Braham

    Executive Director


Board Members

  • Juerg Walker

    Non-Executive Director

    • Tenure: 17.1yrs
    • Compensation: A$30.00k
  • Rob Yeates

    Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: A$30.00k
  • Mark Lochtenberg (57yo)

    Non-Executive Chairman

    • Tenure: 4.7yrs
    • Compensation: A$32.85k
  • John Braham

    Executive Director

    • Tenure: 0.6yrs

Company Information

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


Key Information

  • Name: Equus Mining Limited
  • Ticker: EQE
  • Exchange: ASX
  • Founded:
  • Industry: diversified metals and mining
  • Sector: materials
  • Market Cap: AU$9.421m
  • Shares outstanding: 897.28m
  • Website: Click here

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LSEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1996
EQEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1996
EQECHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1996

Biography

Equus Mining Limited focuses on the exploration and development of natural resource projects in Chile. Its flagship project is the Los Domos gold-silver project located in Chile’s XI Region. The company wa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/24 10:40
End of Day Share Price2019/06/24 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.