M3 Mining Limited engages in exploration and evaluation of mineral resources.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.25|
|1 Month Change||2.63%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-2.50%|
Recent News & Updates
|M3M||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how M3M performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how M3M performed against the Australian Market.
Stable Share Price: M3M is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: Insufficient data to determine M3M's volatility change over the past year.
About the Company
M3 Mining Limited engages in exploration and evaluation of mineral resources. The company primarily explores for copper and gold deposits. It holds 100% interests in the Edjudina project comprises six licenses located approximately 150 km north east of Kalgoorlie in the Eastern Goldfields, Western Australia; and the Victoria Bore project located in the Pilbara region of Western Australia.
M3 Mining Fundamentals Summary
|M3M fundamental statistics|
Is M3M overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|M3M income statement (TTM)|
|Cost of Revenue||AU$46.67k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.026|
|Net Profit Margin||0.00%|
How did M3M perform over the long term?See historical performance and comparison
Is M3 Mining 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 M3M's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate M3M's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: M3M is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: M3M 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 M3M's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: M3M is overvalued based on its PB Ratio (13.2x) compared to the AU Metals and Mining industry average (2.6x).
How is M3 Mining 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 M3 Mining 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 M3 Mining performed over the past 5 years?
Historical Materials annual earnings growth
Earnings and Revenue History
Quality Earnings: M3M is currently unprofitable.
Growing Profit Margin: M3M is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if M3M'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 M3M's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: M3M 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: M3M has a negative Return on Equity (-179.79%), as it is currently unprofitable.
How is M3 Mining's financial position?
Financial Position Analysis
Short Term Liabilities: M3M's short term assets (A$2.0M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: M3M has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: M3M is debt free.
Reducing Debt: M3M has not had any debt for past 5 years.
Debt Coverage: M3M has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: M3M has no debt, therefore coverage of interest payments is not a concern.
What is M3 Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate M3M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate M3M'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 M3M's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if M3M'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 M3M'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 board tenure
M3 Mining has no CEO, or we have no data on them.
Experienced Board: M3M's board of directors are not considered experienced ( 0.9 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: M3M insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: M3M only recently listed within the past 12 months.
M3 Mining Limited's employee growth, exchange listings and data sources
- Name: M3 Mining Limited
- Ticker: M3M
- Exchange: ASX
- Founded: 2020
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$7.200m
- Shares outstanding: 36.93m
- Website: https://m3mining.com.au
- M3 Mining Limited
- 3 Ord Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:59|
|End of Day Share Price||2021/10/25 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.