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MCT

MetalicityASX:MCT Stock Report

Market Cap

AU$21.4m

7D

0%

1Y

-52.4%

Updated

22 Oct, 2021

Data

Company Financials
MCT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MCT Overview

Metalicity Limited, together with its subsidiaries, explores for and develops gold and zinc deposits in Australia and Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Metalicity
Historical stock prices
Current Share PriceAU$0.01
52 Week HighAU$0.009
52 Week LowAU$0.022
Beta1.99
1 Month Change0%
3 Month Change-16.67%
1 Year Change-52.38%
3 Year Change-37.50%
5 Year Change-80.77%
Change since IPO-99.81%

Recent News & Updates

Shareholder Returns

MCTAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Y-52.4%12.5%21.4%

Return vs Industry: MCT underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: MCT underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is MCT's price volatile compared to industry and market?
MCT volatility
MCT Beta1.99
Industry Beta0.97
Market Beta1

Stable Share Price: MCT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: MCT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
19991Justin Bartonhttps://www.metalicity.com.au

Metalicity Limited, together with its subsidiaries, explores for and develops gold and zinc deposits in Australia and Canada. The company’s flagship project is the Kookynie Gold project located in the Eastern Goldfields of Western Australia. The company was formerly known as PLD Corporation Limited and changed its name to Metalicity Limited in July 2015.

Metalicity Fundamentals Summary

How do Metalicity's earnings and revenue compare to its market cap?
MCT fundamental statistics
Market CapAU$21.44m
Earnings (TTM)-AU$1.29m
Revenue (TTM)AU$12.26k

0x

P/S Ratio

-16.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCT income statement (TTM)
RevenueAU$12.26k
Cost of RevenueAU$119.07k
Gross Profit-AU$106.80k
ExpensesAU$1.19m
Earnings-AU$1.29m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0006
Gross Margin-870.88%
Net Profit Margin-10,535.28%
Debt/Equity Ratio0%

How did MCT perform over the long term?

See historical performance and comparison

Valuation

Is Metalicity undervalued compared to its fair value and its price relative to the market?

2.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MCT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MCT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MCT is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: MCT 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 MCT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MCT is good value based on its PB Ratio (2.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Metalicity forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

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 Metalicity 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.


Past Performance

How has Metalicity performed over the past 5 years?

14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MCT is currently unprofitable.

Growing Profit Margin: MCT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MCT is unprofitable, but has reduced losses over the past 5 years at a rate of 14.4% per year.

Accelerating Growth: Unable to compare MCT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MCT 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: MCT has a negative Return on Equity (-18.04%), as it is currently unprofitable.


Financial Health

How is Metalicity's financial position?


Financial Position Analysis

Short Term Liabilities: MCT's short term assets (A$4.4M) exceed its short term liabilities (A$1.1M).

Long Term Liabilities: MCT's short term assets (A$4.4M) exceed its long term liabilities (A$7.2K).


Debt to Equity History and Analysis

Debt Level: MCT is debt free.

Reducing Debt: MCT had no debt 5 years ago.


Balance Sheet


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: MCT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MCT has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 3% each year.


Dividend

What is Metalicity current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MCT'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 MCT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCT'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 MCT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average board tenure


CEO

Justin Barton

0.33

Tenure

AU$270,078

Compensation

Mr. Justin Barton has been the Chief Executive Officer of Metalicity Limited since June 1, 2021 and has been its Finance Director and Executive Director since January 1, 2018. He had been Chief Financial O...


CEO Compensation Analysis

Compensation vs Market: Justin's total compensation ($USD202.26K) is below average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Justin's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: MCT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.6%.


Top Shareholders

Company Information

Metalicity Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Metalicity Limited
  • Ticker: MCT
  • Exchange: ASX
  • Founded: 1999
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$21.438m
  • Shares outstanding: 2.14b
  • Website: https://www.metalicity.com.au

Number of Employees


Location

  • Metalicity Limited
  • 20 Tarlton Cresent
  • Unit B2
  • Perth
  • Western Australia
  • 6105
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:34
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.