Group 6 Metals (ASX:G6M) - Stock price, News & Analysis

G6M fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

G6M Stock Overview

Group 6 Metals Limited operates in the mining industry.

Risk Analysis

Earnings have declined by 30.3% per year over past 5 years

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$0)

Does not have a meaningful market cap (A$95M)

Price History & Performance

Summary of all time highs, changes and price drops for Group 6 Metals
Historical stock prices
Current Share Price	AU$0.15
52 Week High	AU$0.35
52 Week Low	AU$0.10
Beta	-0.082
1 Month Change	15.38%
3 Month Change	7.14%
1 Year Change	36.36%
3 Year Change	87.50%
5 Year Change	226.09%
Change since IPO	-73.21%

Shareholder Returns

	G6M	AU Metals and Mining	AU Market
7D	3.4%	2.1%	-0.2%
1Y	36.4%	8.5%	9.7%

Return vs Industry: G6M exceeded the Australian Metals and Mining industry which returned 8.5% over the past year.

Return vs Market: G6M exceeded the Australian Market which returned 9.7% over the past year.

Price Volatility

Is G6M's price volatile compared to industry and market?
G6M volatility
G6M Average Weekly Movement	11.2%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	15.3%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: G6M is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: G6M's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1966	n/a	Johann Jooste-Jacobs	https://www.kingislandscheelite.com.au

Group 6 Metals Limited operates in the mining industry. It focuses on the redevelopment of its 100% owned the Dolphin tungsten project located in King Island, Tasmania. The company was formerly known as King Island Scheelite Limited and changed its name to Group 6 Metals Limited in November 2021.

Group 6 Metals Fundamentals Summary

How do Group 6 Metals's earnings and revenue compare to its market cap?
G6M fundamental statistics
Market Cap	AU$94.61m
Earnings (TTM)	-AU$4.88m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-19.4x

P/E Ratio

Is G6M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
G6M income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Expenses	AU$4.88m
Earnings	-AU$4.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0077
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did G6M perform over the long term?

See historical performance and comparison

Valuation

Is Group 6 Metals undervalued compared to its fair value and its price relative to the market?

14.23x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate G6M's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate G6M's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: G6M is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: G6M 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 G6M's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: G6M is overvalued based on its PB Ratio (14.2x) compared to the AU Metals and Mining industry average (2.8x).

Future Growth

How is Group 6 Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.4%

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 Group 6 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 Group 6 Metals performed over the past 5 years?

-30.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: G6M is currently unprofitable.

Growing Profit Margin: G6M is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: G6M is unprofitable, and losses have increased over the past 5 years at a rate of 30.3% per year.

Accelerating Growth: Unable to compare G6M's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: G6M is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (33%).

Return on Equity

High ROE: G6M has a negative Return on Equity (-73.31%), as it is currently unprofitable.

Financial Health

How is Group 6 Metals's financial position?

Financial Position Analysis

Short Term Liabilities: G6M's short term assets (A$3.5M) exceed its short term liabilities (A$663.6K).

Long Term Liabilities: G6M's short term assets (A$3.5M) exceed its long term liabilities (A$16.8K).

Debt to Equity History and Analysis

Debt Level: G6M is debt free.

Reducing Debt: G6M has no debt compared to 5 years ago when its debt to equity ratio was 77.3%.

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: G6M has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: G6M has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 5.4% each year.

Dividend

What is Group 6 Metals's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate G6M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate G6M'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 G6M's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if G6M'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 G6M's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.

Next Steps

Explore strong dividend paying companies in the Materials industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

5.9yrs

Average management tenure

CEO

Johann Jooste-Jacobs (67 yo)

no data

Tenure

AU$846,202

Compensation

Mr. Johann Christiaan Jooste-Jacobs, B.Acc, MBL, FAICD, FCA, has been Executive Chairman of Group 6 Metals Limited (formerly known as King Island Scheelite Limited) since November 30, 2012 and serves as it...

CEO Compensation Analysis

Compensation vs Market: Johann's total compensation ($USD607.82K) is above average for companies of similar size in the Australian market ($USD290.45K).

Compensation vs Earnings: Johann's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: G6M's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Experienced Board: G6M's board of directors are considered experienced (9.2 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: G6M insiders have bought more shares than they have sold 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 107.5%.

Data	Last Updated (UTC time)
Company Analysis	2022/01/19 15:35
End of Day Share Price	2022/01/19 00:00
Earnings	2021/06/30
Annual Earnings	2021/06/30