FG1

Flynn GoldASX:FG1 Stock Report

Market Cap

AU$15.2m

7D

0%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials
FG1 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

FG1 Overview

Flynn Gold Limited operates as a mineral exploration company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Flynn Gold
Historical stock prices
Current Share PriceAU$0.16
52 Week HighAU$0.13
52 Week LowAU$0.18
Beta0
1 Month Change6.67%
3 Month Change-5.88%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO3.23%

Recent News & Updates

Shareholder Returns

FG1AU Metals and MiningAU Market
7D0%3.9%1.7%
1Yn/a13.3%20.3%

Return vs Industry: Insufficient data to determine how FG1 performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how FG1 performed against the Australian Market.

Price Volatility

Is FG1's price volatile compared to industry and market?
FG1 volatility
FG1 Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: FG1 is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: Insufficient data to determine FG1's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/an/ahttps://flynngold.com.au

Flynn Gold Limited operates as a mineral exploration company in Australia. The company explores for gold. Its projects include Mt Dove and Shay Gap that comprises six tenements and applications covering 448 square kilometers located to the west and south of Port Hedland, Western Australia; and Golden Ridge and Portland projects, which comprises seven tenements covering 1,134 square kilometers in northeast Tasmania.

Flynn Gold Fundamentals Summary

How do Flynn Gold's earnings and revenue compare to its market cap?
FG1 fundamental statistics
Market CapAU$15.21m
Earnings (TTM)-AU$5.61m
Revenue (TTM)n/a

0x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FG1 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$5.61m
Earnings-AU$5.61m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.059
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did FG1 perform over the long term?

See historical performance and comparison

Valuation

Is Flynn Gold undervalued compared to its fair value and its price relative to the market?

1.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FG1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FG1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FG1 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: FG1 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 FG1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FG1 is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Flynn Gold 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 Flynn Gold 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 Flynn Gold performed over the past 5 years?

23.6%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: FG1 is currently unprofitable.

Growing Profit Margin: FG1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if FG1's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare FG1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FG1 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: FG1 has a negative Return on Equity (-63.98%), as it is currently unprofitable.


Financial Health

How is Flynn Gold's financial position?


Financial Position Analysis

Short Term Liabilities: FG1's short term assets (A$9.5M) exceed its short term liabilities (A$765.5K).

Long Term Liabilities: FG1's short term assets (A$9.5M) exceed its long term liabilities (A$50.7K).


Debt to Equity History and Analysis

Debt Level: FG1's debt to equity ratio (0%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if FG1's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: FG1's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if FG1's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Flynn Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FG1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FG1'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 FG1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FG1'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 FG1'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?

1.1yrs

Average board tenure


CEO

Flynn Gold has no CEO, or we have no data on them.


Board Members

Experienced Board: FG1's board of directors are not considered experienced ( 1.1 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: FG1 only recently listed within the past 12 months.


Top Shareholders

Company Information

Flynn Gold Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Flynn Gold Limited
  • Ticker: FG1
  • Exchange: ASX
  • Founded: 2020
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$15.213m
  • Shares outstanding: 95.08m
  • Website: https://flynngold.com.au

Location

  • Flynn Gold Limited
  • 96-100 Albert Road
  • Level 4
  • Melbourne
  • Victoria
  • 3205
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:02
End of Day Share Price2021/10/18 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.