Executive Summary
Freehill Mining Limited engages in the identification, exploration, and development of mineral resources in Chile.
Risk Analysis
Earnings have declined by -18.23% per year over past 5 years
Shareholders have been substantially diluted in the past year
+ 1 more risk
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Freehill Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FHS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-5.4%
FHS
3.6%
AU Metals and Mining
3.6%
AU Market
1 Year Return
253.3%
FHS
-3.2%
AU Metals and Mining
-10.7%
AU Market
Return vs Industry: FHS exceeded the Australian Metals and Mining industry which returned -4.5% over the past year.
Return vs Market: FHS exceeded the Australian Market which returned -10.9% over the past year.
Shareholder returns
| FHS | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.4% | 3.6% | 3.6% |
| 30 Day | 10.4% | 1.5% | 3.1% |
| 90 Day | 140.9% | 27.3% | 21.3% |
| 1 Year | 253.3%253.3% | 1.9%-3.2% | -7.1%-10.7% |
| 3 Year | -37.6%-41.1% | 67.4%44.1% | 17.6%2.0% |
| 5 Year | n/a | 118.6%74.7% | 36.1%6.6% |
Price Volatility Vs. Market
How volatile is Freehill Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Investors Who Bought Freehill Mining (ASX:FHS) Shares Three Years Ago Are Now Down 77%3 months ago | Simply Wall St
Samuel Duddy of Freehill Mining Limited (ASX:FHS) Just Spent AU$74k On Shares3 months ago | Simply Wall St
Need To Know: Freehill Mining Limited (ASX:FHS) Insiders Have Been Buying SharesValuation
Is Freehill Mining undervalued compared to its fair value and its price relative to the market?
4.88x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FHS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FHS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FHS is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: FHS 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 FHS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FHS is overvalued based on its PB Ratio (4.9x) compared to the AU Metals and Mining industry average (1.7x).
Next Steps
Future Growth
How is Freehill Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
3.6%
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 Freehill 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
- Take a look at our analysis of FHS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Freehill 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 Freehill Mining performed over the past 5 years?
-18.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FHS is currently unprofitable.
Growing Profit Margin: FHS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FHS is unprofitable, and losses have increased over the past 5 years at a rate of -18.2% per year.
Accelerating Growth: Unable to compare FHS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FHS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.4%).
Return on Equity
High ROE: FHS has a negative Return on Equity (-18.79%), as it is currently unprofitable.
Next Steps
Financial Health
How is Freehill Mining's financial position?
Financial Position Analysis
Short Term Liabilities: FHS's short term assets (A$401.6K) do not cover its short term liabilities (A$1.4M).
Long Term Liabilities: FHS's short term assets (A$401.6K) do not cover its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: FHS's debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FHS's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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: FHS has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FHS is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is Freehill Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FHS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FHS'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 FHS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FHS'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 FHS'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?
AU$294k
CEO Compensation
CEO
Peter Hinner
2yrs
Tenure
AU$294,000
Compensation
Mr. Peter Hinner has served as Chief Executive Officer of Freehill Mining Limited since July 31, 2018. Mr. Hinner serves as Chief Operating Officer at Freehill Mining Limited since February 1, 2017. He ser ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD203.24K) is about average for companies of similar size in the Australian market ($USD261.69K).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FHS insiders have bought and sold the same number of shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 78.1%.
Top Shareholders
Company Information
Freehill Mining Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Freehill Mining Limited
- Ticker: FHS
- Exchange: ASX
- Founded: 2000
- Industry: Steel
- Sector: Materials
- Market Cap: AU$77.175m
- Shares outstanding: 1.46b
- Website: https://www.freehillmining.com
Location
- Freehill Mining Limited
- 570 Bourke Street
- Level 24
- West Melbourne
- Victoria
- 3003
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FHS | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 2017 |
Biography
Freehill Mining Limited engages in the identification, exploration, and development of mineral resources in Chile. It explores for magnetite iron ore, copper, and gold deposits. The company holds interest in the Yerbas Buenas project located in Chile; and the Arenas XI 1/20 tenement. The company was incorporated in 2000 and is headquartered in West Melbourne, Australia.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/03 10:38 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.