Musgrave Minerals Limited operates as a gold and base metal exploration and development company in Australia. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Musgrave Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MGV is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MGV's weekly volatility (8%) has been stable over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: MGV underperformed the Australian Metals and Mining industry which returned 31.2% over the past year.
Return vs Market: MGV underperformed the Australian Market which returned 27.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Musgrave Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StMusgrave Minerals (ASX:MGV) Is In A Strong Position To Grow Its Business
9 months ago | Simply Wall StWhat Percentage Of Musgrave Minerals Limited (ASX:MGV) Shares Do Insiders Own?
Is Musgrave Minerals 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 MGV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MGV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MGV is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MGV 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 MGV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MGV is overvalued based on its PB Ratio (3.7x) compared to the AU Metals and Mining industry average (2.5x).
How is Musgrave Minerals 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 Musgrave Minerals 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 Musgrave Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGV is currently unprofitable.
Growing Profit Margin: MGV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MGV is unprofitable, but has reduced losses over the past 5 years at a rate of 52.7% per year.
Accelerating Growth: Unable to compare MGV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (20.2%).
Return on Equity
High ROE: MGV has a negative Return on Equity (-3.39%), as it is currently unprofitable.
How is Musgrave Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: MGV's short term assets (A$22.3M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: MGV's short term assets (A$22.3M) exceed its long term liabilities (A$134.0K).
Debt to Equity History and Analysis
Debt Level: MGV is debt free.
Reducing Debt: MGV has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MGV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MGV has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 12.8% each year.
What is Musgrave Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MGV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MGV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MGV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MGV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MGV's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Robert Scott Waugh, also known as Rob, MSc, BSc, MAusIMM, MAIG serves as Managing Director at Musgrave Minerals Limited. Mr. Waugh served as Exploration Manager of Raisama Limited. He served as Explora...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD267.64K) is about average for companies of similar size in the Australian market ($USD271.19K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Board: MGV's board of directors are seasoned and experienced ( 11.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.9%.
Musgrave Minerals Limited's company bio, employee growth, exchange listings and data sources
- Name: Musgrave Minerals Limited
- Ticker: MGV
- Exchange: ASX
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$167.965m
- Shares outstanding: 533.22m
- Website: https://www.musgraveminerals.com.au
- Musgrave Minerals Limited
- 5 Ord Street
- Ground Floor
- West Perth
- Western Australia
Musgrave Minerals Limited operates as a gold and base metal exploration and development company in Australia. It primarily explores for silver, gold, copper, lead, zinc, and nickel. It focuses on the Cue P...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 08:05|
|End of Day Share Price||2021/08/04 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.