company background image
ICL

Iceni GoldASX:ICL Stock Report

Market Cap

AU$56.3m

7D

-18.2%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials
ICL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ICL Overview

Iceni Gold Limited focuses on acquiring, exploring, and developing gold projects in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Iceni Gold
Historical stock prices
Current Share PriceAU$0.27
52 Week HighAU$0.15
52 Week LowAU$0.37
Beta0
1 Month Change14.89%
3 Month Change68.75%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-6.90%

Recent News & Updates

Shareholder Returns

ICLAU Metals and MiningAU Market
7D-18.2%-0.3%0.7%
1Yn/a12.5%21.4%

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

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

Price Volatility

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

Stable Share Price: ICL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: ICL's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2020n/aBrian Rodanhttps://www.icenigold.com.au

Iceni Gold Limited focuses on acquiring, exploring, and developing gold projects in Western Australia. Its principal project is the 14 Mile Well project covering an area of approximately 600 square kilometers located in Laverton region, Western Australia. The company was incorporated in 2020 and is based in West Perth, Australia.

Iceni Gold Fundamentals Summary

How do Iceni Gold's earnings and revenue compare to its market cap?
ICL fundamental statistics
Market CapAU$56.31m
Earnings (TTM)-AU$2.39m
Revenue (TTM)n/a

0x

P/S Ratio

-23.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ICL income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$2.39m
Earnings-AU$2.39m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio1.7%

How did ICL perform over the long term?

See historical performance and comparison

Valuation

Is Iceni Gold undervalued compared to its fair value and its price relative to the market?

2.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ICL is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Iceni Gold 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 Iceni Gold performed over the past 5 years?

23.6%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: ICL is currently unprofitable.

Growing Profit Margin: ICL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if ICL's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: ICL 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: ICL has a negative Return on Equity (-9.85%), as it is currently unprofitable.


Financial Health

How is Iceni Gold's financial position?


Financial Position Analysis

Short Term Liabilities: ICL's short term assets (A$17.8M) exceed its short term liabilities (A$843.1K).

Long Term Liabilities: ICL's short term assets (A$17.8M) exceed its long term liabilities (A$192.4K).


Debt to Equity History and Analysis

Debt Level: ICL's debt to equity ratio (1.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ICL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ICL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ICL's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Iceni Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.0yrs

Average board tenure


CEO

Brian Rodan

no data

Tenure

Mr. Brian Bernard Rodan, FAusIMM, is an Executive Chairman and Managing Director at Iceni Gold Limited since July 13, 2020. He serves as Executive Chairman of Siren Gold Limited since 2020 and serves as it...


Board Members

Experienced Board: ICL's board of directors are not considered experienced ( 1 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: ICL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Iceni Gold Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Iceni Gold Limited
  • Ticker: ICL
  • Exchange: ASX
  • Founded: 2020
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$56.314m
  • Shares outstanding: 208.57m
  • Website: https://www.icenigold.com.au

Location

  • Iceni Gold Limited
  • 41-43 Ord Street
  • Level 2
  • 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 Analysis2021/10/22 15:51
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.