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FME logo

Future Metals ASX:FME Stock Report

Last Price

AU$0.015

Market Cap

AU$8.6m

7D

-6.3%

1Y

-51.6%

Updated

21 Dec, 2024

Data

Company Financials +

Future Metals NL

ASX:FME Stock Report

Market Cap: AU$8.6m

FME Stock Overview

Engages in the exploration and development of mineral properties in Western Australia. More details

FME fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Risk Analysis

Does not have a meaningful market cap (A$9M)

Makes less than USD$1m in revenue (A$78K)

Has less than 1 year of cash runway

Revenue has declined by 73.3% over the past year

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Future Metals NL Competitors

Odessa Minerals

ASX:ODE

AU$8.9m

Platina Resources

ASX:PGM

AU$11.2m

Lucapa Diamond

ASX:LOM

AU$4.9m

Venus Metals

ASX:VMC

AU$12.4m

Price History & Performance

Summary of share price highs, lows and changes for Future Metals
Historical stock prices
Current Share PriceAU$0.015
52 Week HighAU$0.036
52 Week LowAU$0.014
Beta1.1
1 Month Change-16.67%
3 Month Change-16.67%
1 Year Change-51.61%
3 Year Change-91.18%
5 Year Changen/a
Change since IPO-93.48%

Recent News & Updates

Recent updates

Is Future Metals (ASX:FME) In A Good Position To Deliver On Growth Plans?

Dec 12
Is Future Metals (ASX:FME) In A Good Position To Deliver On Growth Plans?

Shareholder Returns

FMEAU Metals and MiningAU Market
7D-6.3%-5.2%-2.7%
1Y-51.6%-19.5%6.5%

Return vs Industry: FME underperformed the Australian Metals and Mining industry which returned -19.5% over the past year.

Return vs Market: FME underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is FME's price volatile compared to industry and market?
FME volatility
FME Average Weekly Movement19.0%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: FME's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: FME's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/afuture-metals.com.au

Future Metals NL engages in the exploration and development of mineral properties in Western Australia. The company explores for nickel, chromium, copper, platinum, palladium, and gold deposits. Its flagship project is the 100% owned Panton platinum group metals project consisting of three granted mining leases covering a total area of approximately 23 square kilometers located in the East Kimberley Region of Western Australia.

Future Metals NL Fundamentals Summary

How do Future Metals's earnings and revenue compare to its market cap?
FME fundamental statistics
Market capAU$8.63m
Earnings (TTM)-AU$3.94m
Revenue (TTM)AU$78.39k

110.0x

P/S Ratio

-2.2x

P/E Ratio

Is FME overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FME income statement (TTM)
RevenueAU$78.39k
Cost of RevenueAU$0
Gross ProfitAU$78.39k
Other ExpensesAU$4.02m
Earnings-AU$3.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0069
Gross Margin100.00%
Net Profit Margin-5,026.02%
Debt/Equity Ratio0%

How did FME perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Future Metals NL is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward GoodenPanmure Liberum Historic (Panmure Gordon)