Malachite Resources Limited, together with its subsidiaries, engages in the operation, exploration, and development of mineral deposits in Australia.
+ 1 more risk
Overvalued with worrying balance sheet.
Share Price & News
How has Malachite Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAR's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: Insufficient data to determine how MAR performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how MAR performed against the Australian Market.
Price Volatility Vs. Market
How volatile is Malachite Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StMalachite Resources (ASX:MAR) Has Debt But No Earnings; Should You Worry?
1 month ago | Simply Wall StCould Malachite Resources Limited's (ASX:MAR) Investor Composition Influence The Stock Price?
3 months ago | Simply Wall StIs Malachite Resources Limited's (ASX:MAR) CEO Salary Justified?
Is Malachite 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 MAR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MAR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MAR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MAR 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 MAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAR is good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (1.5x).
How is Malachite 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 Malachite 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.
- Take a look at our analysis of MAR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Malachite Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Malachite Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAR is currently unprofitable.
Growing Profit Margin: MAR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MAR is unprofitable, but has reduced losses over the past 5 years at a rate of 32% per year.
Accelerating Growth: Unable to compare MAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MAR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).
Return on Equity
High ROE: MAR has a negative Return on Equity (-220.91%), as it is currently unprofitable.
How is Malachite Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MAR's short term assets (A$160.5K) do not cover its short term liabilities (A$6.9M).
Long Term Liabilities: MAR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAR's debt to equity ratio (968.1%) is considered high.
Reducing Debt: MAR's debt to equity ratio has increased from 15.4% to 968.1% over the past 5 years.
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: MAR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MAR has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.6% each year.
What is Malachite Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAR'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 MAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAR'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 MAR'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
Geoff Hiller (56yo)
Mr. Geoffrey R. Hiller, as known as Geoff, has been Chief Executive Officer of Malachite Resources Limited since March 21, 2011 and has been its Director since October 4, 2019. Mr. Hiller is a mining engin ...
CEO Compensation Analysis
Compensation vs Market: Geoff's total compensation ($USD125.69K) is below average for companies of similar size in the Australian market ($USD254.05K).
Compensation vs Earnings: Geoff's compensation has been consistent with company performance over the past year.
|CEO & Director||9.17yrs||AU$188.80k||3.9% A$111.5k|
|Independent Non-Executive Chairman||6.83yrs||AU$61.10k||11.25% A$321.3k|
|Non-Executive Director||9.17yrs||AU$39.42k||8.04% A$229.6k|
Experienced Board: MAR's board of directors are considered experienced (6.8 years average tenure).
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 390.1%.
Malachite Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Malachite Resources Limited
- Ticker: MAR
- Exchange: ASX
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$2.857m
- Shares outstanding: 68.02m
- Website: https://www.malachite.com.au
- Malachite Resources Limited
- 283 George Street
- Level 4
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MAR||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Nov 2002|
|MUW||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 2002|
Malachite Resources Limited, together with its subsidiaries, engages in the operation, exploration, and development of mineral deposits in Australia. Its principal property is the Lorena gold project located near Cloncurry in northwest Queensland. The company is based in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 10:38|
|End of Day Share Price||2020/05/27 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.