IRIS Metals Limited engages in the gold exploration business in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.33|
|52 Week High||AU$0.20|
|52 Week Low||AU$0.34|
|1 Month Change||n/a|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||54.76%|
Recent News & Updates
|IR1||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how IR1 performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how IR1 performed against the Australian Market.
Stable Share Price: Insufficient data to determine IR1's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine IR1's volatility change over the past year.
About the Company
IRIS Metals Limited engages in the gold exploration business in Australia. It holds an interest in the Kookynie project comprising 20 prospecting licenses, 2 exploration licenses, and 1 mining license with a total area of approximately 35.5 square kilometers located in the north of Kalgoorlie; and Leonora project comprising 35 contiguous tenements that covers a total area of approximately 62 square kilometers located in the northeast of the Leonora townsite. The company was incorporated in 2020 and is based in Melbourne, Australia.
IRIS Metals Fundamentals Summary
|IR1 fundamental statistics|
Is IR1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IR1 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.083|
|Net Profit Margin||0.00%|
How did IR1 perform over the long term?See historical performance and comparison
Is IRIS 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 IR1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IR1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IR1 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: IR1 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 IR1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IR1 is overvalued based on its PB Ratio (144.4x) compared to the AU Metals and Mining industry average (2.6x).
How is IRIS 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 IRIS 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 IRIS Metals performed over the past 5 years?
Historical Materials annual earnings growth
Earnings and Revenue History
Quality Earnings: IR1 is currently unprofitable.
Growing Profit Margin: IR1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if IR1'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 IR1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IR1 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: IR1 has a negative Return on Equity (-3663.39%), as it is currently unprofitable.
How is IRIS Metals's financial position?
Financial Position Analysis
Short Term Liabilities: IR1's short term assets (A$502.1K) exceed its short term liabilities (A$305.6K).
Long Term Liabilities: IR1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IR1 is debt free.
Reducing Debt: IR1 has not had any debt for past 5 years.
Debt Coverage: IR1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IR1 has no debt, therefore coverage of interest payments is not a concern.
What is IRIS Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IR1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IR1'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 IR1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IR1'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 IR1'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?
IRIS Metals has no CEO, or we have no data on them.
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.
Recent Insider Transactions
Dilution of Shares: IR1 only recently listed within the past 12 months.
IRIS Metals Limited's employee growth, exchange listings and data sources
- Name: IRIS Metals Limited
- Ticker: IR1
- Exchange: ASX
- Founded: 2020
- Industry: Gold
- Sector: Materials
- Market Cap: AU$28.356m
- Shares outstanding: 87.25m
- Website: https://www.irismetals.com
- IRIS Metals Limited
- 400 Collins Street
- Level 6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:36|
|End of Day Share Price||2021/10/20 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.