G6M Stock Overview
Group 6 Metals Limited operates in the mining industry.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.15|
|52 Week High||AU$0.35|
|52 Week Low||AU$0.10|
|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%|
Recent News & Updates
|G6M||AU Metals and Mining||AU Market|
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.
|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
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
|G6M fundamental statistics|
Is G6M overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|G6M income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0077|
|Net Profit Margin||0.00%|
How did G6M perform over the long term?See historical performance and comparison
Is Group 6 Metals 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 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).
How is Group 6 Metals 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 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.
How has Group 6 Metals performed over the past 5 years?
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.
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%.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Johann Jooste-Jacobs (67 yo)
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.
Experienced Management: G6M's management team is seasoned and experienced (5.9 years average tenure).
Experienced Board: G6M's board of directors are considered experienced (9.2 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 107.5%.
Group 6 Metals Limited's employee growth, exchange listings and data sources
- Name: Group 6 Metals Limited
- Ticker: G6M
- Exchange: ASX
- Founded: 1966
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$94.613m
- Shares outstanding: 630.75m
- Website: https://www.kingislandscheelite.com.au
- Group 6 Metals Limited
- 259 George Street
- Suite 26.01
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 15:35|
|End of Day Share Price||2022/01/19 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.