Focus Minerals Limited engages in the exploration of gold in Western Australia.
Focus Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.28|
|52 Week High||AU$0.23|
|52 Week Low||AU$0.43|
|1 Month Change||18.75%|
|3 Month Change||9.62%|
|1 Year Change||-27.85%|
|3 Year Change||58.33%|
|5 Year Change||-40.63%|
|Change since IPO||-91.62%|
Recent News & Updates
Does Focus Minerals (ASX:FML) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|FML||AU Metals and Mining||AU Market|
Return vs Industry: FML underperformed the Australian Metals and Mining industry which returned 13.3% over the past year.
Return vs Market: FML underperformed the Australian Market which returned 20.3% over the past year.
Stable Share Price: FML is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FML's weekly volatility (7%) has been stable over the past year.
About the Company
Focus Minerals Limited engages in the exploration of gold in Western Australia. It holds a 100% interest in the Coolgardie gold project located on the western side of the Archaean Norseman-Wiluna Greenstone belt within the Coolgardie Domain; and the Laverton gold project situated in the Yilgarn Craton of Western Australia. The company was incorporated in 1978 and is headquartered in East Perth, Australia.
Focus Minerals Fundamentals Summary
|FML fundamental statistics|
Is FML overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FML income statement (TTM)|
|Cost of Revenue||AU$875.00k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.031|
|Net Profit Margin||-2,854.27%|
How did FML perform over the long term?See historical performance and comparison
Is Focus Minerals 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 FML's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FML's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FML is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: FML 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 FML's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FML is good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (2.5x).
How is Focus Minerals 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 Focus Minerals 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 Focus Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FML is currently unprofitable.
Growing Profit Margin: FML is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FML is unprofitable, and losses have increased over the past 5 years at a rate of 7.6% per year.
Accelerating Growth: Unable to compare FML's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FML 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: FML has a negative Return on Equity (-7.37%), as it is currently unprofitable.
How is Focus Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: FML's short term assets (A$11.1M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: FML's short term assets (A$11.1M) do not cover its long term liabilities (A$49.5M).
Debt to Equity History and Analysis
Debt Level: FML's debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FML's debt to equity ratio has reduced over the past 5 years.
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: FML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FML has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 8.8% each year.
What is Focus Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FML'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 FML's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FML'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 FML'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 management tenure
Mr. Zhaoya Wang was a Non-Executive, Non-Independent Director at Focus Minerals Limited since November 17, 2017 until 19 July 2018 and serves as its Executive Director since 19 July 2018, Chief Executive O...
CEO Compensation Analysis
Compensation vs Market: Zhaoya's total compensation ($USD380.49K) is about average for companies of similar size in the Australian market ($USD301.95K).
Compensation vs Earnings: Zhaoya's compensation has been consistent with company performance over the past year.
Experienced Management: FML's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: FML's board of directors are not considered experienced ( 2.5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Focus Minerals Limited's employee growth, exchange listings and data sources
- Name: Focus Minerals Limited
- Ticker: FML
- Exchange: ASX
- Founded: 1978
- Industry: Gold
- Sector: Materials
- Market Cap: AU$52.083m
- Shares outstanding: 182.75m
- Website: https://www.focusminerals.com.au
- Focus Minerals Limited
- 159 Adelaide Terrace
- Level 2
- East Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:35|
|End of Day Share Price||2021/10/19 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.