Metal Bank Limited engages in the exploration and development of mineral properties.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.01|
|52 Week High||AU$0.007|
|52 Week Low||AU$0.017|
|1 Month Change||0%|
|3 Month Change||11.11%|
|1 Year Change||-9.09%|
|3 Year Change||-23.07%|
|5 Year Change||-71.43%|
|Change since IPO||-95.46%|
Recent News & Updates
|MBK||AU Metals and Mining||AU Market|
Return vs Industry: MBK underperformed the Australian Metals and Mining industry which returned 7.4% over the past year.
Return vs Market: MBK underperformed the Australian Market which returned 17.9% over the past year.
Stable Share Price: MBK is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: MBK's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Metal Bank Limited engages in the exploration and development of mineral properties. Its primary projects include the 8 Mile, Eidsvold, and Wild Irishman projects situated in the northern New England Fold Belt of central Queensland. The company has an option to hold 80% interest in the Millennium, a copper-cobalt-gold exploration and development project located in the Mount Isa region of northwest Queensland.
Metal Bank Fundamentals Summary
|MBK fundamental statistics|
Is MBK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MBK income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0003|
|Net Profit Margin||-342.91%|
How did MBK perform over the long term?See historical performance and comparison
Is Metal Bank 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 MBK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MBK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MBK is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MBK 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 MBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MBK is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.5x).
How is Metal Bank 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 Metal Bank 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 Metal Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MBK is currently unprofitable.
Growing Profit Margin: MBK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MBK is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.
Accelerating Growth: Unable to compare MBK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MBK 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: MBK has a negative Return on Equity (-3.37%), as it is currently unprofitable.
How is Metal Bank's financial position?
Financial Position Analysis
Short Term Liabilities: MBK's short term assets (A$1.1M) exceed its short term liabilities (A$166.2K).
Long Term Liabilities: MBK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MBK is debt free.
Reducing Debt: MBK has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.
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: MBK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MBK has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.2% each year.
What is Metal Bank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MBK'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 MBK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MBK'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 MBK'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 management tenure
Metal Bank has no CEO, or we have no data on them.
Experienced Management: MBK's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: MBK's board of directors are considered experienced (8.2 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 not been meaningfully diluted in the past year.
Metal Bank Limited's employee growth, exchange listings and data sources
- Name: Metal Bank Limited
- Ticker: MBK
- Exchange: ASX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$11.845m
- Shares outstanding: 1.18b
- Website: https://www.metalbank.com.au
- Metal Bank Limited
- 50 Clarence Street
- Suite 506
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/14 15:48|
|End of Day Share Price||2021/10/14 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.