How does FTL's PB Ratio compare to its peers?

FTL is good value based on its Price-To-Book Ratio (1.3x) compared to the peer average (8.3x).

How does FTL's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

FTL is expensive based on its Price-To-Book Ratio (1.3x) compared to the Australian Metals and Mining industry average (1.1x).

What is FTL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FTL's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of FTL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate FTL's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Firetail Resources (ASX:FTL) - Stock Price, News & Analysis

FTL Stock Overview

Engages in the acquisition and exploration of resource projects in Australia, Peru, and Canada. More details

FTL fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Revenue grew by 41% over the past year

Risk Analysis

Makes less than USD$1m in revenue (A$234K)

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$27M)

Volatile share price over the past 3 months compared to the Australian market

Firetail Resources Limited Competitors

Critica

ASX:CRI

AU$26.7m

Galileo Mining

ASX:GAL

AU$26.7m

Strata Investment Holdings

ASX:SRT

AU$27.1m

Carawine Resources

ASX:CWX

AU$27.2m

Price History & Performance

Summary of all time highs, changes and price drops for Firetail Resources
Historical stock prices
Current Share Price	AU$0.081
52 Week High	AU$0.15
52 Week Low	AU$0.033
Beta	-0.41
11 Month Change	-29.57%
3 Month Change	10.96%
1 Year Change	-10.00%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-77.81%

Recent updates

Shareholder Returns

	FTL	AU Metals and Mining	AU Market
7D	-3.6%	1.6%	0.9%
1Y	-10.0%	-10.8%	18.4%

Return vs Industry: FTL matched the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: FTL underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is FTL's price volatile compared to industry and market?
FTL volatility
FTL Average Weekly Movement	15.2%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

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

Volatility Over Time: FTL's weekly volatility has decreased from 28% to 15% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Glenn Poole	www.firetailresources.com.au

Firetail Resources Limited engages in the acquisition and exploration of resource projects in Australia, Peru, and Canada. It explores for copper, zinc, rubidium, lithium, gold, silver, nickel, cobalt, lead, molybdenum, and manganese. The company also has an option agreement to acquire 80% interest in the York Harbour project that consists of 189 mineral claims totaling an area of approximately 47 square kilometres located in the province of Newfoundland and Labrador, Canada.

Firetail Resources Limited Fundamentals Summary

How do Firetail Resources's earnings and revenue compare to its market cap?
FTL fundamental statistics
Market cap	AU$26.83m
Earnings (TTM)	-AU$2.70m
Revenue (TTM)	AU$234.08k

114.6x

P/S Ratio

-9.9x

P/E Ratio

Is FTL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTL income statement (TTM)
Revenue	AU$234.08k
Cost of Revenue	AU$0
Gross Profit	AU$234.08k
Other Expenses	AU$2.94m
Earnings	-AU$2.70m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0082
Gross Margin	100.00%
Net Profit Margin	-1,154.29%
Debt/Equity Ratio	0%

How did FTL perform over the long term?

See historical performance and comparison

FTL Stock Overview

Rewards

Risk Analysis

Firetail Resources Limited Competitors

ASX:CRI

AU$26.7m

ASX:GAL

AU$26.7m

ASX:SRT

AU$27.1m

ASX:CWX

AU$27.2m

Price History & Performance

Recent News & Updates

Firetail Resources Limited Commences Drilling At Skyline Copper Project Under Option Agreement with York Harbour Metals

Firetail Resources Limited, Annual General Meeting, Nov 27, 2024

New major risk - Shareholder dilution

Firetail Resources Limited Announces Management Changes

Firetail Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65433 million.

Firetail Resources Limited Announces Resignation of Cai Kecheng as Non-Executive Director, Effective 17 July 2024

Recent updates

Firetail Resources Limited Commences Drilling At Skyline Copper Project Under Option Agreement with York Harbour Metals

Firetail Resources Limited, Annual General Meeting, Nov 27, 2024

New major risk - Shareholder dilution

Firetail Resources Limited Announces Management Changes

Firetail Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65433 million.

Firetail Resources Limited Announces Resignation of Cai Kecheng as Non-Executive Director, Effective 17 July 2024

Firetail Resources Limited Announces the Appointment of Glenn Poole as Chief Executive Officer, Effective July 8, 2024

Firetail Resources Limited announced that it has received AUD 0.893 million in funding

Firetail Resources Limited, Annual General Meeting, Nov 29, 2023

Firetail Resources Limited (ASX:FTL) completed the acquisition of 80% stake in Kiwanda SAC from Valor Resources Limited (ASX:VAL).

Firetail Resources Limited (ASX:FTL) completed the acquisition of 80% stake in Kiwanda SAC from Valor Resources Limited (ASX:VAL).

New major risk - Shareholder dilution

New minor risk - Shareholder dilution

Firetail Resources Limited (ASX:FTL) executed binding term sheet to acquire 80% stake in Kiwanda SAC from Valor Resources Limited (ASX:VAL) for AUD 2.4 million.

Less than half of directors are independent

Firetail Resources Limited Announces the Resignation of David McEntaggart as Joint Company Secretary

Firetail Resources Limited Commence Drilling at Mt Slopeaway Nickel-Cobalt-Manganese Project in Central Queensland

Firetail Resources Limited Approves the Election of Non-Board Endorsed Candidate Warwick Smyth

Firetail Resources Limited Announces Wide Zones of Pegmatite Intersected At Yalgoo Li Project

Firetail Resources Limited Provides an Update on Exploration Activities At Its Yalgoo Project in Western Australia and Mt Slopeaway Project in Queensland, Australia

Firetail Resources Limited, Annual General Meeting, Nov 23, 2022

Firetail Resources Limited Provides Update on Exploration Activities At Yalgoo Lithium Project

Firetail Resources Limited Provides an Update on Exploration Activities At Its Yalgoo Lithium Project (Yalgoo) in Western Australia

Firetail Resources Limited Provides an Update on Exploration Activites at its Yalgoo Lithium Project in Western Australia

Firetail Resources Limited, Annual General Meeting, Sep 16, 2022

Firetail Resources Limited Provides an Update of Its Activities and Next Steps for Each of Its Projects

Firetail Resources Limited Provides Update on Exploration and Development of Paterson Copper-Gold Project

Firetail Resources Limited Provides an Update on the Exploration and Development

Firetail Resources Limited Appoints Brett Grosvenor as Director

Firetail Resources Limited Announces Executive Changes

Firetail Resources Limited has completed an IPO in the amount of AUD 8.125 million.

Shareholder Returns

Price Volatility

About the Company

Firetail Resources Limited Fundamentals Summary

114.6x

-9.9x

Earnings & Revenue