Flynn Gold Limited operates as a mineral exploration company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.16|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.18|
|1 Month Change||6.67%|
|3 Month Change||-5.88%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||3.23%|
Recent News & Updates
|FG1||AU Metals and Mining||AU Market|
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.
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
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
|FG1 fundamental statistics|
Is FG1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FG1 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.059|
|Net Profit Margin||0.00%|
How did FG1 perform over the long term?See historical performance and comparison
Is Flynn Gold 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 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).
How is Flynn Gold 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 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.
How has Flynn Gold performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Flynn Gold has no CEO, or we have no data on them.
Experienced Board: FG1's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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
Dilution of Shares: FG1 only recently listed within the past 12 months.
Flynn Gold Limited's employee growth, exchange listings and data sources
- 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
- Flynn Gold Limited
- 96-100 Albert Road
- Level 4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 07:02|
|End of Day Share Price||2021/10/18 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.