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M24

Mamba ExplorationASX:M24 Stock Report

Market Cap

AU$11.6m

7D

-5.0%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
M24 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

M24 Overview

Mamba Exploration Limited, together with its subsidiaries, operates as an early-stage exploration and development company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Mamba Exploration
Historical stock prices
Current Share PriceAU$0.19
52 Week HighAU$0.16
52 Week LowAU$0.36
Beta0
1 Month Change-13.64%
3 Month Change-7.32%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-37.71%

Recent News & Updates

Shareholder Returns

M24AU Metals and MiningAU Market
7D-5.0%4.3%0.9%
1Yn/a12.2%20.2%

Return vs Industry: Insufficient data to determine how M24 performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how M24 performed against the Australian Market.

Price Volatility

Is M24's price volatile compared to industry and market?
M24 volatility
M24 Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: M24 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: M24's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
20201Mike Dunbarhttps://www.mambaexploration.com.au

Mamba Exploration Limited, together with its subsidiaries, operates as an early-stage exploration and development company in Australia. It primarily explores for gold, copper, nickel, manganese, cobalt, silver, and other deposits. The company holds a 100% interest Darling Range project covers approximately 75km2 located north-east of Perth; a 100% interest Calyerup Creek project comprising approximately 45km2 located in Western Australia; and 100% in Ashburton and Kimberley project located in Western Australia.

Mamba Exploration Fundamentals Summary

How do Mamba Exploration's earnings and revenue compare to its market cap?
M24 fundamental statistics
Market CapAU$11.59m
Earnings (TTM)-AU$1.15m
Revenue (TTM)n/a

0x

P/S Ratio

-10.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
M24 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.15m
Earnings-AU$1.15m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did M24 perform over the long term?

See historical performance and comparison

Valuation

Is Mamba Exploration undervalued compared to its fair value and its price relative to the market?

1.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate M24's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate M24's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: M24 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: M24 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 M24's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: M24 is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Mamba Exploration 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 Mamba Exploration performed over the past 5 years?

23.6%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: M24 is currently unprofitable.

Growing Profit Margin: M24 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if M24'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 M24's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: M24 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: M24 has a negative Return on Equity (-11.9%), as it is currently unprofitable.


Financial Health

How is Mamba Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: M24's short term assets (A$5.8M) exceed its short term liabilities (A$328.1K).

Long Term Liabilities: M24's short term assets (A$5.8M) exceed its long term liabilities (A$55.2K).


Debt to Equity History and Analysis

Debt Level: M24 is debt free.

Reducing Debt: M24 has not had any debt for past 5 years.

Debt Coverage: M24 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: M24 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Mamba Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate M24's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate M24'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 M24's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if M24'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 M24'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?


CEO

Mike Dunbar

no data

Tenure

Mr. Michael Dunbar, also known as Mike, BSc., P Grad Dip (economic geology), MAusIMM is Managing Director at Mamba Exploration Limited and serves as its Director since September 23, 2020. He is a geologist...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: M24 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: M24 only recently listed within the past 12 months.


Top Shareholders

Company Information

Mamba Exploration Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mamba Exploration Limited
  • Ticker: M24
  • Exchange: ASX
  • Founded: 2020
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$11.587m
  • Shares outstanding: 60.98m
  • Website: https://www.mambaexploration.com.au

Number of Employees


Location

  • Mamba Exploration Limited
  • 216 St Georges Terrace
  • Level 11
  • 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 Analysis2021/10/18 15:40
End of Day Share Price2021/10/18 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.