European Cobalt Limited engages in the acquisition, exploration, and evaluation of resource based projects in Australia, Indonesia, and Europe.
Flawless balance sheet and overvalued.
Share Price & News
How has European Cobalt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EUC's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: EUC underperformed the Australian Metals and Mining industry which returned 0.8% over the past year.
Return vs Market: EUC underperformed the Australian Market which returned -15% over the past year.
Price Volatility Vs. Market
How volatile is European Cobalt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe're Not Very Worried About European Cobalt's (ASX:EUC) Cash Burn Rate
2 months ago | Simply Wall StShould You Worry About European Cobalt Limited's (ASX:EUC) CEO Pay Cheque?
4 months ago | Simply Wall StHere's Why We're Watching European Cobalt's (ASX:EUC) Cash Burn Situation
Is European Cobalt 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 EUC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EUC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EUC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: EUC 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 EUC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EUC is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (1.4x).
How is European Cobalt 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 European Cobalt 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.
- Examine European Cobalt'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.
- European Cobalt competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has European Cobalt performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EUC is currently unprofitable.
Growing Profit Margin: EUC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EUC is unprofitable, but has reduced losses over the past 5 years at a rate of 9.1% per year.
Accelerating Growth: Unable to compare EUC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EUC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).
Return on Equity
High ROE: EUC has a negative Return on Equity (-36.46%), as it is currently unprofitable.
How is European Cobalt's financial position?
Financial Position Analysis
Short Term Liabilities: EUC's short term assets (A$10.5M) exceed its short term liabilities (A$431.6K).
Long Term Liabilities: EUC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EUC is debt free.
Reducing Debt: EUC has no debt compared to 5 years ago when its debt to equity ratio was 2.6%.
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: EUC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EUC has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 21% each year.
What is European Cobalt's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EUC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EUC'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 EUC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EUC'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 EUC'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
Mr. Robert Jewson, also known as Rob, B.Sc., has been Managing Director and Director at European Cobalt Ltd since May 29, 2017. Mr. Jewson is a Member of the Australian Institute of Geoscientists. Mr. Jews ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD200.09K) is about average for companies of similar size in the Australian market ($USD250.06K).
Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.
|MD & Director||3yrs||AU$306.60k||7.08% A$970.2k|
|Non-Executive Chairman||3yrs||AU$60.00k||9.93% A$1.4m|
|Non-Executive Director||0.083yr||no data||no data|
Experienced Board: EUC's board of directors are considered experienced (3 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.
European Cobalt Limited's company bio, employee growth, exchange listings and data sources
- Name: European Cobalt Limited
- Ticker: EUC
- Exchange: ASX
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$13.711m
- Shares outstanding: 761.70m
- Website: https://www.europeancobalt.com
- European Cobalt Limited
- 513 Hay Street
- Suite 23
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EUC||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2011|
|WMNN.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Mar 2011|
|EUC||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2011|
|28W||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2011|
European Cobalt Limited engages in the acquisition, exploration, and evaluation of resource based projects in Australia, Indonesia, and Europe. The company explores for cobalt, nickel, copper, gold, and silver deposits. Its flagship project is the 100% owned Dobsina project located in central Slovakia. The company was formerly known as Western Mining Network Limited and changed its name to European Cobalt Limited in May 2017. European Cobalt Limited was founded in 2010 and is based in Subiaco, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/25 10:41|
|End of Day Share Price||2020/05/25 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.