Firefinch (ASX:FFX) - Stock Price, News & Analysis

FFX Stock Overview

Firefinch Limited operates as a gold mining company.

FFX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Shares are highly illiquid

Earnings have declined by 44.1% per year over past 5 years

Shareholders have been diluted in the past year

Firefinch Limited Competitors

Calidus Resources

ASX:CAI

AU$99.0m

Kingsgate Consolidated

ASX:KCN

AU$407.2m

Ionic Rare Earths

ASX:IXR

AU$62.8m

Catalyst Metals

ASX:CYL

AU$172.8m

Price History & Performance

Summary of all time highs, changes and price drops for Firefinch
Historical stock prices
Current Share Price	AU$0.20
52 Week High	AU$1.33
52 Week Low	AU$0.19
Beta	2.65
1 Month Change	0%
3 Month Change	0%
1 Year Change	-68.50%
3 Year Change	153.17%
5 Year Change	-48.72%
Change since IPO	-91.11%

Recent updates

Is Firefinch (ASX:FFX) Using Debt In A Risky Way?

May 18

Health Check: How Prudently Does Firefinch (ASX:FFX) Use Debt?

Apr 02

Shareholder Returns

	FFX	AU Metals and Mining	AU Market
7D	0%	2.8%	3.1%
1Y	-68.5%	-1.8%	8.1%

Return vs Industry: FFX underperformed the Australian Metals and Mining industry which returned -4% over the past year.

Return vs Market: FFX underperformed the Australian Market which returned -0.5% over the past year.

Price Volatility

Is FFX's price volatile compared to industry and market?
FFX volatility
FFX Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	12.5%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: FFX has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine FFX's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	n/a	Andrew Taplin	www.firefinchltd.com

Firefinch Limited operates as a gold mining company. It has an 80% interest in the Morila Gold Mine in Mali. The company was formerly known as Mali Lithium Limited and changed its name to Firefinch Limited in November 2020.

Firefinch Limited Fundamentals Summary

How do Firefinch's earnings and revenue compare to its market cap?
FFX fundamental statistics
Market cap	AU$236.25m
Earnings (TTM)	-AU$42.23m
Revenue (TTM)	AU$109.08m

2.2x

P/S Ratio

-5.6x

P/E Ratio

Is FFX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFX income statement (TTM)
Revenue	AU$109.08m
Cost of Revenue	AU$133.09m
Gross Profit	-AU$24.00m
Other Expenses	AU$18.22m
Earnings	-AU$42.23m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.036
Gross Margin	-22.01%
Net Profit Margin	-38.71%
Debt/Equity Ratio	5.9%

How did FFX perform over the long term?

See historical performance and comparison

FFX Stock Overview

Rewards

Risk Analysis

Firefinch Limited Competitors

ASX:CAI

AU$99.0m

ASX:KCN

AU$407.2m

ASX:IXR

AU$62.8m

ASX:CYL

AU$172.8m

Price History & Performance

Recent News & Updates

Firefinch Limited Announces Board Changes

Scott Lowe to Leave the Firefinch Limited as Managing Director, Effective on August 31, 2023

Firefinch Limited Announces Board Changes

Firefinch Limited Announces Redundant of Thomas Plant as Chief Financial Officer

Firefinch Limited Appoints Scott Lowe as Director

Firefinch Limited Presents Production Target for Forthcoming Production from the Morila Gold Project in Mali

Recent updates

Firefinch Limited Announces Board Changes

Scott Lowe to Leave the Firefinch Limited as Managing Director, Effective on August 31, 2023

Firefinch Limited Announces Board Changes

Firefinch Limited Announces Redundant of Thomas Plant as Chief Financial Officer

Firefinch Limited Appoints Scott Lowe as Director

Firefinch Limited Presents Production Target for Forthcoming Production from the Morila Gold Project in Mali

Firefinch Limited Announces Andrew Taplin Will Resume the Role of Chief Operating Officer

Firefinch Limited Presents an Update to the Mineral Resource for the Morila Gold Project (Project)

Firefinch Limited Announces Change of Company Secretary

Firefinch Limited Provides Production Guidance for the Quarter Ended June 2022

Firefinch Limited Appoints Dr. Alistair Cowden as Executive Chairman

Firefinch Limited completed the Spin-Off of a 80% stake in Leo Lithium Limited (ASX:LLL).

Independent Non-Executive Director recently bought AU$69k worth of stock

Less than half of directors are independent

Non-Executive Director recently sold AU$566k worth of stock

Firefinch Limited Appoints Liz Wall and Naomi Scott as Non-Executive Directors

Is Firefinch (ASX:FFX) Using Debt In A Risky Way?

Non-Executive Chairman recently bought AU$81k worth of stock

Independent Non-Executive Director recently sold AU$2.9m worth of stock

Firefinch Limited, Annual General Meeting, May 27, 2022

Firefinch Limited Provides Production Guidance for the Second Quarter, Third Quarter, Fourth Quarter and Full Year 2022

Firefinch Limited Provides an Update on Drilling Activities At the Morila Gold Project

Consensus revenue estimates fall by 19%

Price target increased to AU$1.90

Firefinch Limited Provides Production Guidance for the Period from January to March 2022

Firefinch Limited Announces Mining Commences At Morila Super Pit

High number of new directors

Non-Executive Director exercised options and sold AU$387k worth of stock

Firefinch Limited Announces High-Grade Drilling Results At the Morila Gold Project

Non-Executive Director recently sold AU$121k worth of stock

Independent Non-Executive Director exercised options to buy AU$688k worth of stock.

Firefinch Limited Announces First Production Blast Since March 2015 Took Place on 2 July 2021

Non-Executive Chairman exercised options to buy AU$247k worth of stock.

MD & Director recently bought AU$99k worth of stock

Firefinch Limited has completed a Follow-on Equity Offering in the amount of AUD 46.8 million.

Firefinch Limited announced that it expects to receive AUD 46.8 million in funding

Firefinch Limited Announces Latest Drilling Results Received from the Viper Deposit

Firefinch Limited Provides Update on Drilling Activities At the Morila Gold Mine in Mali

Firefinch Limited Announces the Identification of A New Satellite Deposit At the K2 Prospect, Within Trucking Distance of the Morila Gold Mine

Firefinch Limited Announces Commencement of Commissioning of the Comminution Circuit at the Morila Gold Mine Using Feed from Morila Pit 5 and Stockpiles

Firefinch Limited Commences Open Pit Mining Operations at the Morila Gold Mine in Mali

Firefinch Limited Provides Update of its Life of Mine Plan for the Morila Gold Mine in Mali

Health Check: How Prudently Does Firefinch (ASX:FFX) Use Debt?

Joint Company Secretary has left the company

Firefinch Limited Announces Resignation of Elizabeth Lee as Joint Company Secretary

Firefinch Limited Provides Update on Activities At the Morila Gold Mine

Firefinch Limited Appoints Michael Anderson as Managing Director, Effective from 6 April 2021

Firefinch Limited Provides Drilling Updates of Koting Project and the Pit 5 Prospect Adjacent to the Morila Pit

Firefinch Limited Clarified the Announcement to ASX of February 8, 2021 Entitled 2.2 Million Ounce Resource Estimate Transforms Morila

New 90-day high: AU$0.28

Firefinch Limited to Announce the Results of Mineral Resource Estimate at the Morila Gold Mine in Mali

Firefinch Limited Appoints Elizabeth Lee as Joint Company Secretary

Firefinch Limited Announces Drilling Results from Infill and Extensional Drilling At the N'Tiola Deposit Within the Morila Gold Project

Firefinch Limited Announces Quarter Gold Production in December 2020

New 90-day high: AU$0.23

Executive Chairman recently bought AU$71k worth of stock

Firefinch Limited Completed its First Month of Production Under Firefinch Ownership

Executive Chairman recently bought AU$113k worth of stock

Firefinch Limited Announces First Gold Pour at the Morila Gold Mine in Mali Under Firefinch Ownership Completed