Metalicity Limited, together with its subsidiaries, explores for and develops gold and zinc deposits in Australia and Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.01|
|52 Week High||AU$0.009|
|52 Week Low||AU$0.022|
|1 Month Change||0%|
|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
|MCT||AU Metals and Mining||AU Market|
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.
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
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
|MCT fundamental statistics|
Is MCT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCT income statement (TTM)|
|Cost of Revenue||AU$119.07k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0006|
|Net Profit Margin||-10,535.28%|
How did MCT perform over the long term?See historical performance and comparison
Is Metalicity 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 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).
How is Metalicity 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 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.
How has Metalicity performed over the past 5 years?
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.
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$7.2K).
Debt to Equity History and Analysis
Debt Level: MCT is debt free.
Reducing Debt: MCT had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MCT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MCT has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 3% each year.
What is Metalicity current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MCT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Justin Barton has been the Chief Executive Officer of Metalicity Limited since June 1, 2021 and has been its Finance Director and Executive Director since January 1, 2018. He had been Chief Financial O...
CEO Compensation Analysis
Compensation vs Market: Justin's total compensation ($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.
Experienced Board: MCT's board of directors are not considered experienced ( 2.3 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 diluted in the past year, with total shares outstanding growing by 23.6%.
Metalicity Limited's employee growth, exchange listings and data sources
- 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
- Metalicity Limited
- 20 Tarlton Cresent
- Unit B2
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:34|
|End of Day Share Price||2021/10/22 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.