FME

Future MetalsASX:FME Stock Report

Market Cap

AU$71.5m

7D

10.8%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
FME fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

FME Overview

Future Metals NL engages in the exploration and development of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Future Metals
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.17
52 Week LowAU$0.28
Beta0
1 Month Change5.13%
3 Month Change2.50%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-16.33%

Recent News & Updates

Shareholder Returns

FMEAU Metals and MiningAU Market
7D10.8%1.8%1.5%
1Yn/a11.3%21.1%

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

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

Price Volatility

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

Stable Share Price: FME is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aGreg Bandyhttps://www.future-metals.com.au

Future Metals NL engages in the exploration and development of mineral properties. It explores for precious metals, such as platinum, palladium, iridium, osmium, rhodium, and ruthenium. The company owns a 100% interest in the Panton Platinum Group Metals Project (Panton PGM) 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 Fundamentals Summary

How do Future Metals's earnings and revenue compare to its market cap?
FME fundamental statistics
Market CapAU$71.45m
Earnings (TTM)AU$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FME income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$0
EarningsAU$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did FME perform over the long term?

See historical performance and comparison

Valuation

Is Future Metals undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Future Metals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Future Metals has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Future Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.03%

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 Future Metals 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 Future Metals performed over the past 5 years?

23.6%

Historical Materials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Future Metals has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Financial Health

How is Future Metals's financial position?


In this section we usually analyse Future Metals's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Future Metals has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Dividend

What is Future Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.3yrs

Average board tenure


CEO

Greg Bandy (45 yo)

no data

Tenure

Mr. Gregory John Bandy, also known as Greg, serves as Executive Chairman and Managing Director at Future Metals NL and serves as its Director since August 1, 2010. Mr. Bandy served as Managing Director of...


Board Members

Experienced Board: FME's board of directors are not considered experienced ( 0.3 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.


Ownership Breakdown

Dilution of Shares: FME only recently listed within the past 12 months.


Top Shareholders

Company Information

Future Metals NL's employee growth, exchange listings and data sources


Key Information

  • Name: Future Metals NL
  • Ticker: FME
  • Exchange: ASX
  • Founded: NaN
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: AU$71.451m
  • Shares outstanding: 348.54m
  • Website: https://www.future-metals.com.au

Location

  • Future Metals NL
  • 35 Richardson Street
  • First Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:22
End of Day Share Price2021/10/21 00:00
EarningsN/A
Annual EarningsN/A


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.