Minotaur Exploration Limited, together with its subsidiaries, explores for, evaluates, and develops mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.14|
|52 Week High||AU$0.065|
|52 Week Low||AU$0.24|
|1 Month Change||22.73%|
|3 Month Change||39.18%|
|1 Year Change||92.86%|
|3 Year Change||213.95%|
|5 Year Change||12.50%|
|Change since IPO||-63.51%|
Recent News & Updates
What Does Minotaur Exploration's (ASX:MEP) CEO Pay Reveal?
Andrew Woskett has been the CEO of Minotaur Exploration Limited ( ASX:MEP ) since 2010, and this article will examine...
|MEP||AU Metals and Mining||AU Market|
Return vs Industry: MEP exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: MEP exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: MEP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MEP's weekly volatility (9%) has been stable over the past year.
About the Company
Minotaur Exploration Limited, together with its subsidiaries, explores for, evaluates, and develops mineral properties in Australia. It explores for copper, gold, zinc, lead, and silver deposits. It holds interests in various mineral exploration tenements located in South Australia and Queensland.
Minotaur Exploration Fundamentals Summary
|MEP fundamental statistics|
Is MEP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MEP income statement (TTM)|
|Cost of Revenue||AU$950.46k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0055|
|Net Profit Margin||-3,302.92%|
How did MEP perform over the long term?See historical performance and comparison
Is Minotaur Exploration 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 MEP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MEP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MEP is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MEP 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 MEP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MEP is overvalued based on its PB Ratio (5.5x) compared to the AU Metals and Mining industry average (2.6x).
How is Minotaur Exploration 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 Minotaur Exploration 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 Minotaur Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MEP is currently unprofitable.
Growing Profit Margin: MEP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MEP is unprofitable, but has reduced losses over the past 5 years at a rate of 18% per year.
Accelerating Growth: Unable to compare MEP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MEP 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: MEP has a negative Return on Equity (-22.72%), as it is currently unprofitable.
How is Minotaur Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: MEP's short term assets (A$6.0M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: MEP's short term assets (A$6.0M) exceed its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: MEP's debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: MEP's debt to equity ratio has increased from 2.8% to 10.4% 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: MEP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MEP has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 1.5% each year.
What is Minotaur Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MEP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MEP'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 MEP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MEP'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 MEP'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
Andrew Woskett (68 yo)
Mr. Andrew Woskett, B Eng, M Comm Law, FAusIMM has been the Managing Director and Director of Minotaur Exploration Limited since March 06, 2010. Mr. Weskit has been involved in a variety of Australian mini...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD252.79K) is about average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Experienced Management: MEP's management team is seasoned and experienced (11.6 years average tenure).
Experienced Board: MEP'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.
Minotaur Exploration Limited's employee growth, exchange listings and data sources
- Name: Minotaur Exploration Limited
- Ticker: MEP
- Exchange: ASX
- Founded: 2004
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$65.174m
- Shares outstanding: 501.34m
- Website: https://www.minotaurexploration.com.au
- Minotaur Exploration Limited
- 8 Beulah Road
- Level 1
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/18 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.