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LIN

Lindian ResourcesASX:LIN Stock Report

Market Cap

AU$23.9m

7D

3.2%

1Y

60.0%

Updated

16 Oct, 2021

Data

Company Financials
LIN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LIN Overview

Lindian Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Lindian Resources
Historical stock prices
Current Share PriceAU$0.032
52 Week HighAU$0.017
52 Week LowAU$0.035
Beta0.90
1 Month Change28.00%
3 Month Change52.38%
1 Year Change60.00%
3 Year Change77.78%
5 Year Change60.00%
Change since IPO-99.88%

Recent News & Updates

Shareholder Returns

LINAU Metals and MiningAU Market
7D3.2%4.3%0.9%
1Y60.0%12.2%20.2%

Return vs Industry: LIN exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: LIN exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is LIN's price volatile compared to industry and market?
LIN volatility
LIN Beta0.90
Industry Beta0.97
Market Beta1

Stable Share Price: LIN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: LIN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1999n/an/ahttps://www.lindianresources.com.au

Lindian Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Africa. 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 the north west of Guinea, West Africa; and Lushoto and Pare Bauxite projects located in Tanzania.

Lindian Resources Fundamentals Summary

How do Lindian Resources's earnings and revenue compare to its market cap?
LIN fundamental statistics
Market CapAU$23.93m
Earnings (TTM)-AU$1.39m
Revenue (TTM)AU$35.00k

800.0x

P/S Ratio

-17.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LIN income statement (TTM)
RevenueAU$35.00k
Cost of RevenueAU$0
Gross ProfitAU$35.00k
ExpensesAU$1.43m
Earnings-AU$1.39m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0019
Gross Margin100.00%
Net Profit Margin-3,985.90%
Debt/Equity Ratio0.0%

How did LIN perform over the long term?

See historical performance and comparison

Valuation

Is Lindian Resources undervalued compared to its fair value and its price relative to the market?

5.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: LIN is overvalued based on its PB Ratio (5.6x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.2%

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.


Past Performance

How has Lindian Resources performed over the past 5 years?

-9.8%

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, and losses have increased over the past 5 years at a rate of 9.8% 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 (35.3%).


Return on Equity

High ROE: LIN has a negative Return on Equity (-31.33%), as it is currently unprofitable.


Financial Health

How is Lindian Resources's financial position?


Financial Position Analysis

Short Term Liabilities: LIN's short term assets (A$533.1K) exceed its short term liabilities (A$306.1K).

Long Term Liabilities: LIN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LIN is debt free.

Reducing Debt: LIN had no debt 5 years ago.


Balance Sheet


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.7% each year


Dividend

What is Lindian Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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.


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 LIN'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?

1.3yrs

Average board tenure


CEO

Lindian Resources has no CEO, or we have no data on them.


Board Members

Experienced Board: LIN's board of directors are not considered experienced ( 1.3 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.8%.


Top Shareholders

Company Information

Lindian Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Lindian Resources Limited
  • Ticker: LIN
  • Exchange: ASX
  • Founded: 1999
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$23.934m
  • Shares outstanding: 747.94m
  • Website: https://www.lindianresources.com.au

Location

  • Lindian Resources Limited
  • 108 St Georges Terrace
  • Level 24
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:03
End of Day Share Price2021/10/15 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.