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MGU

Magnum Mining and ExplorationASX:MGU Stock Report

Market Cap

AU$33.8m

7D

1.5%

1Y

31.4%

Updated

26 Oct, 2021

Data

Company Financials
MGU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MGU Overview

Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Magnum Mining and Exploration
Historical stock prices
Current Share PriceAU$0.067
52 Week HighAU$0.04
52 Week LowAU$0.21
Beta-0.061
1 Month Change3.08%
3 Month Change-55.33%
1 Year Change31.37%
3 Year Change31.37%
5 Year Change67.50%
Change since IPO123.33%

Recent News & Updates

Shareholder Returns

MGUAU Metals and MiningAU Market
7D1.5%-0.4%0.8%
1Y31.4%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

Is MGU's price volatile compared to industry and market?
MGU volatility
MGU Beta-0.061
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
1986n/aDano Chanhttps://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

How do Magnum Mining and Exploration's earnings and revenue compare to its market cap?
MGU fundamental statistics
Market CapAU$33.81m
Earnings (TTM)-AU$4.78m
Revenue (TTM)n/a

-291.3x

P/S Ratio

-7.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MGU income statement (TTM)
Revenue-AU$114.87k
Cost of RevenueAU$0
Gross Profit-AU$114.87k
ExpensesAU$4.67m
Earnings-AU$4.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0096
Gross Margin100.00%
Net Profit Margin4,163.16%
Debt/Equity Ratio0.0%

How did MGU perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.