| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
MGU Overview
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.067 |
| 52 Week High | AU$0.04 |
| 52 Week Low | AU$0.21 |
| Beta | -0.061 |
| 1 Month Change | 3.08% |
| 3 Month Change | -55.33% |
| 1 Year Change | 31.37% |
| 3 Year Change | 31.37% |
| 5 Year Change | 67.50% |
| Change since IPO | 123.33% |
Recent News & Updates
Shareholder Returns
| MGU | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 1.5% | -0.4% | 0.8% |
| 1Y | 31.4% | 15.6% | 24.4% |
Return vs Industry: MGU exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: MGU exceeded the Australian Market which returned 24.4% over the past year.
Price Volatility
| MGU volatility | |
|---|---|
| MGU Beta | -0.061 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: MGU is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: MGU's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | n/a | Dano Chan | https://www.mmel.com.au |
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties. The company owns a 74% interest in the Gravelotte emerald project located in the Limpopo province of South Africa. It has a purchase agreement to acquire a 100% interest in the Buena Vista iron ore project located in Nevada, United States.
Magnum Mining and Exploration Fundamentals Summary
| MGU fundamental statistics | |
|---|---|
| Market Cap | AU$33.81m |
| Earnings (TTM) | -AU$4.78m |
| Revenue (TTM) | n/a |
-291.3x
P/S Ratio-7.0x
P/E RatioIs MGU overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGU income statement (TTM) | |
|---|---|
| Revenue | -AU$114.87k |
| Cost of Revenue | AU$0 |
| Gross Profit | -AU$114.87k |
| Expenses | AU$4.67m |
| Earnings | -AU$4.78m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0096 |
| Gross Margin | 100.00% |
| Net Profit Margin | 4,163.16% |
| Debt/Equity Ratio | 0.0% |
How did MGU perform over the long term?
See historical performance and comparisonValuation
Is Magnum Mining and Exploration undervalued compared to its fair value and its price relative to the market?
2.82x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MGU's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MGU's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MGU is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MGU 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 MGU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MGU is overvalued based on its PB Ratio (2.8x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Magnum Mining and Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.5%
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 Magnum Mining and 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.
Past Performance
How has Magnum Mining and Exploration performed over the past 5 years?
-25.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGU is currently unprofitable.
Growing Profit Margin: MGU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MGU is unprofitable, and losses have increased over the past 5 years at a rate of 25.8% per year.
Accelerating Growth: Unable to compare MGU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGU 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: MGU has a negative Return on Equity (-43.22%), as it is currently unprofitable.
Financial Health
How is Magnum Mining and Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: MGU's short term assets (A$6.9M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: MGU's short term assets (A$6.9M) exceed its long term liabilities (A$300.0K).
Debt to Equity History and Analysis
Debt Level: MGU is debt free.
Reducing Debt: MGU has no debt compared to 5 years ago when its debt to equity ratio was 0.05%.
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: MGU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MGU has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 14.1% each year.
Dividend
What is Magnum Mining and Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MGU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MGU'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 MGU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MGU'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 MGU'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?
0.5yrs
Average management tenure
CEO
Dano Chan
0.50
Tenure
Mr. Dano Chan serves as Director at Magnum Mining and Exploration Limited since April 12, 2021 and serves as its Managing Director and Chief Executive Officer since April 19, 2021. He has experience within...
Leadership Team
Experienced Management: MGU's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: MGU's board of directors are not considered experienced ( 0.5 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: MGU insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 54.7%.
Top Shareholders
Company Information
Magnum Mining and Exploration Limited's employee growth, exchange listings and data sources
Key Information
- Name: Magnum Mining and Exploration Limited
- Ticker: MGU
- Exchange: ASX
- Founded: 1986
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$33.806m
- Shares outstanding: 497.14m
- Website: https://www.mmel.com.au
Location
- Magnum Mining and Exploration Limited
- 52 Phillip Street
- Level 11
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 07:02 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.