Latitude Consolidated Limited engages in the exploration of gold properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.052|
|52 Week High||AU$0.018|
|52 Week Low||AU$0.087|
|1 Month Change||-6.31%|
|3 Month Change||-10.35%|
|1 Year Change||136.36%|
|3 Year Change||173.68%|
|5 Year Change||-3.70%|
|Change since IPO||-100.00%|
Recent News & Updates
|LCD||AU Metals and Mining||AU Market|
Return vs Industry: LCD exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: LCD exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: LCD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: LCD's weekly volatility (10%) has been stable over the past year.
About the Company
Latitude Consolidated Limited engages in the exploration of gold properties in Australia. Its flagship project is the Murchison gold project covering an area of 343 square kilometers located in the prolific Murchison Gold Fields, Western Australia. Latitude Consolidated Limited is headquartered in West Perth, Australia.
Latitude Consolidated Fundamentals Summary
|LCD fundamental statistics|
Is LCD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LCD income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0038|
|Net Profit Margin||-17,201.07%|
How did LCD perform over the long term?See historical performance and comparison
Is Latitude Consolidated 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 LCD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LCD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LCD is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: LCD 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 LCD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LCD's PB Ratio (2.5x) is in line with the AU Metals and Mining industry average.
How is Latitude Consolidated 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 Latitude Consolidated 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 Latitude Consolidated performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LCD is currently unprofitable.
Growing Profit Margin: LCD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LCD is unprofitable, and losses have increased over the past 5 years at a rate of 17.3% per year.
Accelerating Growth: Unable to compare LCD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LCD 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: LCD has a negative Return on Equity (-18.18%), as it is currently unprofitable.
How is Latitude Consolidated's financial position?
Financial Position Analysis
Short Term Liabilities: LCD's short term assets (A$9.4M) exceed its short term liabilities (A$842.7K).
Long Term Liabilities: LCD's short term assets (A$9.4M) exceed its long term liabilities (A$3.2M).
Debt to Equity History and Analysis
Debt Level: LCD is debt free.
Reducing Debt: LCD currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LCD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LCD has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 33.3% each year
What is Latitude Consolidated current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LCD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LCD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LCD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LCD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LCD's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Tim Davidson serves as Chief Executive Officer at Latitude Consolidated Limited since February 2021.
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD809.02K) is above average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.
Experienced Management: LCD's management team is considered experienced (3.2 years average tenure).
Experienced Board: LCD's board of directors are considered experienced (8.2 years average tenure).
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 221.4%.
Latitude Consolidated Limited's employee growth, exchange listings and data sources
- Name: Latitude Consolidated Limited
- Ticker: LCD
- Exchange: ASX
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$46.734m
- Shares outstanding: 898.74m
- Website: https://latitudeconsolidated.com.au
- Latitude Consolidated Limited
- 16 Ord Street
- Ground Floor
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:05|
|End of Day Share Price||2021/10/15 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.