Mandrake Resources Limited engages in the exploration and evaluation of mineral resources.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.061|
|52 Week High||AU$0.05|
|52 Week Low||AU$0.28|
|1 Month Change||12.96%|
|3 Month Change||-24.69%|
|1 Year Change||12.96%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-99.95%|
Recent News & Updates
Mandrake Resources (ASX:MAN) Is In A Strong Position To Grow Its Business
We can readily understand why investors are attracted to unprofitable companies. For example, although...
We're Not Worried About Mandrake Resources' (ASX:MAN) Cash Burn
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Mandrake Resources...
|MAN||AU Metals and Mining||AU Market|
Return vs Industry: MAN underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: MAN underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: MAN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: MAN's weekly volatility (11%) has been stable over the past year.
About the Company
Mandrake Resources Limited engages in the exploration and evaluation of mineral resources. It explores for gold, silver, nickel, platinum group elements, and copper deposits. The company’s principal property is the Jimperding project consisting of 140 square kilometers exploration license application situated in the north east of Perth, Western Australia.
Mandrake Resources Fundamentals Summary
|MAN fundamental statistics|
Is MAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0065|
|Net Profit Margin||0.00%|
How did MAN perform over the long term?See historical performance and comparison
Is Mandrake Resources 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 MAN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MAN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MAN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MAN 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 MAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAN is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.6x).
How is Mandrake Resources 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 Mandrake 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.
How has Mandrake Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAN is currently unprofitable.
Growing Profit Margin: MAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MAN is unprofitable, and losses have increased over the past 5 years at a rate of 31.1% per year.
Accelerating Growth: Unable to compare MAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MAN 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: MAN has a negative Return on Equity (-16.46%), as it is currently unprofitable.
How is Mandrake Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MAN's short term assets (A$16.3M) exceed its short term liabilities (A$367.6K).
Long Term Liabilities: MAN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAN is debt free.
Reducing Debt: MAN currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: MAN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MAN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 22% each year
What is Mandrake Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAN'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 MAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAN'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 MAN'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
James Allchurch (44 yo)
Mr. James Peter Allchurch has been Independent Non-Executive Director of Winchester Energy Limited since April 1, 2020. He has been Managing Director of Mandrake Resources Limited since August 4, 2019 and...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD1.43M) is above average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.
Experienced Board: MAN's board of directors are not considered experienced ( 2.2 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 52.9%.
Mandrake Resources Limited's employee growth, exchange listings and data sources
- Name: Mandrake Resources Limited
- Ticker: MAN
- Exchange: ASX
- Founded: 1986
- Industry: Gold
- Sector: Materials
- Market Cap: AU$29.124m
- Shares outstanding: 477.45m
- Website: https://www.mandrakeresources.com.au
- Mandrake Resources Limited
- 10 Outram Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:23|
|End of Day Share Price||2021/10/26 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.