Mamba Exploration Limited, together with its subsidiaries, operates as an early-stage exploration and development company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.19|
|52 Week High||AU$0.16|
|52 Week Low||AU$0.36|
|1 Month Change||-13.64%|
|3 Month Change||-7.32%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-37.71%|
Recent News & Updates
|M24||AU Metals and Mining||AU Market|
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.
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
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
|M24 fundamental statistics|
Is M24 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|M24 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.019|
|Net Profit Margin||0.00%|
How did M24 perform over the long term?See historical performance and comparison
Is Mamba Exploration 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 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).
How is Mamba Exploration 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 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.
How has Mamba Exploration performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
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...
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
Dilution of Shares: M24 only recently listed within the past 12 months.
Mamba Exploration Limited's employee growth, exchange listings and data sources
- 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
- Mamba Exploration Limited
- 216 St Georges Terrace
- Level 11
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:40|
|End of Day Share Price||2021/10/18 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.