LIN Stock Overview
Lindian Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Tanzania, Guinea, Malawi, and Australia.
Lindian Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.33|
|52 Week High||AU$0.36|
|52 Week Low||AU$0.027|
|1 Month Change||22.64%|
|3 Month Change||182.61%|
|1 Year Change||855.88%|
|3 Year Change||1,931.25%|
|5 Year Change||1,610.53%|
|Change since IPO||-98.75%|
Recent News & Updates
|LIN||AU Metals and Mining||AU Market|
Return vs Industry: LIN exceeded the Australian Metals and Mining industry which returned 4% over the past year.
Return vs Market: LIN exceeded the Australian Market which returned -10.8% over the past year.
|LIN Average Weekly Movement||18.5%|
|Metals and Mining Industry Average Movement||11.3%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: LIN is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: LIN's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Lindian Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Tanzania, Guinea, Malawi, and Australia. It primarily explores for gold, bauxite, and rare earths mineral ores. The company focuses on the Gaoual Bauxite project, Woula Bauxite project, and Lelouma Bauxite project located in Guinea, West Africa; and Lushoto and Pare Bauxite projects located in Tanzania.
Lindian Resources Fundamentals Summary
|LIN fundamental statistics|
Is LIN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LIN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.0014|
|Net Profit Margin||0.00%|
How did LIN perform over the long term?See historical performance and comparison
Is LIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LIN?
Other financial metrics that can be useful for relative valuation.
|What is LIN's n/a Ratio?|
Price to Book Ratio vs Peers
How does LIN's PB Ratio compare to its peers?
|LIN PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
COB Cobalt Blue Holdings
MLX Metals X
GAL Galileo Mining
PAN Panoramic Resources
LIN Lindian Resources
Price-To-Book vs Peers: LIN is expensive based on its Price-To-Book Ratio (40.3x) compared to the peer average (4.8x).
Price to Earnings Ratio vs Industry
How does LIN's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Book vs Industry: LIN is expensive based on its Price-To-Book Ratio (40.3x) compared to the Australian Metals and Mining industry average (1.9x)
Price to Book Ratio vs Fair Ratio
What is LIN's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||40.3x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate LIN's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of LIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate LIN's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate LIN's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Lindian Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Lindian Resources 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.
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- Examine Lindian Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Lindian Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Lindian Resources performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIN is currently unprofitable.
Growing Profit Margin: LIN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LIN is unprofitable, but has reduced losses over the past 5 years at a rate of 8.5% per year.
Accelerating Growth: Unable to compare LIN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LIN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.7%).
Return on Equity
High ROE: LIN has a negative Return on Equity (-16.04%), as it is currently unprofitable.
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How is Lindian Resources's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LIN's short term assets (A$2.2M) exceed its short term liabilities (A$227.4K).
Long Term Liabilities: LIN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LIN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LIN's debt to equity ratio has reduced over the past 5 years.
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: LIN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LIN has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 22.5% each year.
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What is Lindian Resources's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Lindian Resources Dividend Yield vs Market|
|Company (Lindian Resources)||n/a|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Metals and Mining)||10.3%|
|Analyst forecast in 3 Years (Lindian Resources)||n/a|
Notable Dividend: Unable to evaluate LIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LIN'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 LIN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LIN's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as LIN has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alistair Stephens (58 yo)
Mr. Alistair James Stephens, B.S. Hons, Grad Dip Fin. MBA, GAICD, serves as Chief Executive Officer at Lindian Resources Limited since August 04, 2022.He had been Chief Executive Officer of Odessa Mineral...
Experienced Board: LIN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LIN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|26 Aug 22||BuyAU$8,261,984||Rohan Patnaik||Individual||32,400,000||AU$0.25|
|22 Aug 22||BuyAU$4,263,946||Asimwe Herman Kabunga||Individual||16,090,407||AU$0.26|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.4%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Lindian Resources Limited's employee growth, exchange listings and data sources
- Name: Lindian Resources Limited
- Ticker: LIN
- Exchange: ASX
- Founded: 1999
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$275.713m
- Shares outstanding: 848.35m
- Website: https://www.lindianresources.com.au
- Lindian Resources Limited
- 108 St Georges Terrace
- Level 24
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LIN||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2000|
|VP6||MUN (Boerse Muenchen)||Yes||Ordinary Shares||DE||EUR||Mar 2000|
|LIN||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2000|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/02 00:00|
|End of Day Share Price||2022/09/30 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.