Musgrave Minerals Future Growth

Future criteria checks 0/6

Musgrave Minerals's revenue is forecast to decline at 150% per annum while its annual earnings are expected to grow at 15.7% per year. EPS is expected to grow by 44.2% per annum. Return on equity is forecast to be -1% in 3 years.

Key information

15.7%

Earnings growth rate

44.2%

EPS growth rate

Metals and Mining earnings growth	10.6%
Revenue growth rate	-150.0%
Future return on equity	-1.0%
Analyst coverage	Low
Last updated	04 Jun 2023

Recent future growth updates

Recent updates

Here's Why We're Watching Musgrave Minerals' (ASX:MGV) Cash Burn Situation

Jun 05

Will Musgrave Minerals (ASX:MGV) Spend Its Cash Wisely?

Feb 20

We Think Some Shareholders May Hesitate To Increase Musgrave Minerals Limited's (ASX:MGV) CEO Compensation

Nov 01

We Think Musgrave Minerals (ASX:MGV) Can Afford To Drive Business Growth

Aug 03

We're Hopeful That Musgrave Minerals (ASX:MGV) Will Use Its Cash Wisely

Apr 13

Companies Like Musgrave Minerals (ASX:MGV) Are In A Position To Invest In Growth

Nov 24

Companies Like Musgrave Minerals (ASX:MGV) Can Afford To Invest In Growth

Aug 10

Musgrave Minerals (ASX:MGV) Is In A Strong Position To Grow Its Business

Mar 14

Earnings and Revenue Growth Forecasts

ASX:MGV - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2025	N/A	-1	-68	-1	1
6/30/2024	N/A	-7	-3	-1	1
6/30/2023	0	-2	-12	-1	N/A
3/31/2023	0	-2	-12	-1	N/A
12/31/2022	0	-2	-13	-2	N/A
9/30/2022	0	-2	-12	-1	N/A
6/30/2022	0	-2	-11	-1	N/A
3/31/2022	0	-1	-10	-1	N/A
12/31/2021	1	-1	-9	-1	N/A
9/30/2021	0	-2	-8	-1	N/A
6/30/2021	0	-3	-8	-1	N/A
3/31/2021	0	-2	-7	-1	N/A
12/31/2020	0	-2	-5	0	N/A
9/30/2020	0	0	-4	0	N/A
6/30/2020	0	1	-2	0	N/A
3/31/2020	0	0	-4	0	N/A
12/31/2019	0	0	-5	0	N/A
9/30/2019	0	-1	-6	0	N/A
6/30/2019	0	-1	-7	-1	N/A
3/31/2019	0	-1	-6	0	N/A
12/31/2018	0	-1	-5	0	N/A
9/30/2018	0	-1	-5	0	N/A
6/30/2018	0	0	-5	0	N/A
3/31/2018	0	-2	-5	0	N/A
12/31/2017	0	-5	-5	0	N/A
9/30/2017	0	-5	-5	0	N/A
6/30/2017	0	-5	-4	-1	N/A
3/31/2017	0	-6	N/A	0	N/A
12/31/2016	0	-7	N/A	0	N/A
9/30/2016	0	-6	N/A	0	N/A
6/30/2016	0	-6	N/A	0	N/A
3/31/2016	0	-6	N/A	0	N/A
12/31/2015	0	-6	N/A	0	N/A
9/30/2015	0	-7	N/A	0	N/A
6/30/2015	0	-8	N/A	0	N/A
3/31/2015	0	-5	N/A	0	N/A
12/31/2014	0	-3	N/A	-1	N/A
9/30/2014	0	-4	N/A	-1	N/A
6/30/2014	0	-5	N/A	0	N/A
3/31/2014	0	-5	N/A	0	N/A
12/31/2013	0	-5	N/A	0	N/A
9/30/2013	0	-3	N/A	0	N/A
6/30/2013	0	-1	N/A	0	N/A
3/31/2013	0	-1	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MGV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MGV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MGV is forecast to have no revenue next year.

High Growth Revenue: MGV is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MGV is forecast to be unprofitable in 3 years.

Musgrave Minerals Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased to AU$0.50

Price target decreased to AU$0.60

Recent updates

Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in FY 2022)

New minor risk - Financial data availability

New minor risk - Financial data availability

Musgrave Minerals Limited Announces Executive Changes

Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023

Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV)for approximately AUD 180 mullion.

Here's Why We're Watching Musgrave Minerals' (ASX:MGV) Cash Burn Situation

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in 1H 2022)

Will Musgrave Minerals (ASX:MGV) Spend Its Cash Wisely?

Musgrave Minerals Limited Announces Amarillo and Big Sky Drilling Results Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Limited Announces Further Gold Intersections, West Island Cue JV

Musgrave Minerals Limited Receives Initial Metallurgical Test Work Results from Master Composite Samples for the White Heat-Mosaic and Big Sky Deposits

Musgrave Minerals Ltd Announces Encouraging Gold Intercepts Continue at Big Sky

Price target decreased to AU$0.50

Less than half of directors are independent

Musgrave Minerals Ltd Reports High-Grade Drilling Results Continue at White Heat-Mosaic

We Think Some Shareholders May Hesitate To Increase Musgrave Minerals Limited's (ASX:MGV) CEO Compensation

Musgrave Minerals Ltd. Reports Further Assay Results from Diamond and Aircore Drilling Programs on the Cue Joint Venture with Evolution Mining Ltd in Western Australia's Murchison District

Musgrave Minerals Limited, Annual General Meeting, Nov 08, 2022

MD & Director exercised options to buy AU$735k worth of stock.

Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.006 loss in FY 2021)

Musgrave Minerals Ltd Reports High-Grade Gold At Waratah and New Regional Targets At Cue Gold Project

Musgrave Minerals Ltd Reports Further Strong Assay Results from Reverse Circulation Drilling At the Big Sky Deposit South-West of Lena

Musgrave Minerals Limited, Annual General Meeting, Sep 08, 2022

We Think Musgrave Minerals (ASX:MGV) Can Afford To Drive Business Growth

Musgrave Minerals Ltd Reports Further High-Grade Gold Assay Results from Reverse Circulation and Diamond Drilling Along the Break of Day Trend At the White Heat-Mosaic Deposit

Musgrave Minerals Limited Announces High-Grade Gold Intersected at West Is, Cue JV

Musgrave Minerals Limited Announces High Grade Gold At Amarillo & New Regional Targets

Musgrave Minerals Ltd Reports A Significant Mineral Resource Estimate Update on its 100% Owned Tenure At Flagship Cue Gold Project in Western Australia's Murchison District

Less than half of directors are independent

Musgrave Minerals Limited Reports Further Assay Results from Diamond and Aircore Drilling Programs on the Cue Joint Venture with Evolution Mining Ltd in Western Australia's Murchison District

Insider recently bought AU$858k worth of stock

We're Hopeful That Musgrave Minerals (ASX:MGV) Will Use Its Cash Wisely

Musgrave Minerals Limited Reports Further Strong Assay Results from Reverse Circulation and Diamond Drilling at the Big Sky Prospect

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Musgrave Minerals Limited Reports Gold Assay Results from Reverse Circulation and Diamond Drilling At the New Mosaic Target South of White Heat

Musgrave Minerals Ltd Reports Further Assay Results from the Current Aircore and Diamond Drilling Programs on the Cue Joint Venture with Evolution Mining Ltd (Evolution) over Lake Austin in Western Australia's Murchison District

Musgrave Minerals Ltd Reports Further Strong Assay Results from Reverse Circulation Drilling at Amarillo Prospect

Companies Like Musgrave Minerals (ASX:MGV) Are In A Position To Invest In Growth

Non-Executive Chairman exercised options to buy AU$570k worth of stock.

Independent Non-Executive Director recently sold AU$179k worth of stock

Insider recently bought AU$2.6m worth of stock

Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.002 profit in FY 2020)

Musgrave Minerals Limited Reports Further Strong Assay Results from Reverse Circulation Drilling At the Big Sky and Target 14

Companies Like Musgrave Minerals (ASX:MGV) Can Afford To Invest In Growth

Musgrave Minerals Limited Reports High-Grade Gold in Basement at West Island - Evolution JV, Cue

Musgrave Minerals Limited Reports Strong Assay Results from Reverse Circulation Drilling at the Big Sky Prospect

Musgrave Minerals Limited Reports Further High-Grade Reverse Circulation Gold Assay Results from the White Heat and Numbers Prospects on its 100% Owned Ground at Its Flagship Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Ltd Reports Assay Results from Big Sky Prospect

Price target decreased to AU$0.60

Musgrave Minerals Ltd Reports Further High-Grade Reverse Circulation Gold Assay Results from the New White Heat Prospect

Musgrave Minerals (ASX:MGV) Is In A Strong Position To Grow Its Business

Musgrave Minerals Ltd to Report Further Strong Reverse Circulation Gold Assay Results from Regional Drilling of New Targets on Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Limited Reports the Further High-Grade Reverse Circulation Gold Assay Results from the Newly Discovered White Heat Prospect

New 90-day low: AU$0.35

Independent Non-Executive Director exercised options to buy AU$365k worth of stock.

Musgrave Minerals Limited Appoints Brett Lambert as Non-Executive Director

Musgrave Minerals Ltd Reports Strong Reverse Circulation Assay Results from the Newly Discovered White Heat Prospect on 100% Owned Ground at Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Ltd Reports Further Assay Results from the Recent Regional Scout Aircore Drilling Program

Musgrave Minerals Limited Announces Further Strong Assay Results from Regional Aircore Drilling Across Numerous Targets on Its 100% Owned Ground At Its Cue Gold Project

New 90-day low: AU$0.37

Musgrave Minerals Ltd Announces Scout Drilling Intersects High-Grade Gold and Defines Large Gold Zones Under Lake Austin, Evolution JV

MD & Director exercised options to buy AU$246k worth of stock.

Independent Non-Executive Director recently sold AU$103k worth of stock

Musgrave Minerals Limited Announces New White Heat Discovery and Regional Drilling Success

New 90-day low: AU$0.45

New 90-day low: AU$0.49

Musgrave Minerals Ltd Reports Assay Results for the First 49 Aircore/Reverse Circulation Drill Holes from the Current Regional Program on its 100%-Owned Ground at its Flagship Cue Gold Project

Musgrave Minerals Limited Announces Results for the Remaining Reverse Circulation ("Rc") and Diamond Drill Holes from the Current Program At the New Starlight and White Light Gold Discoveries At Break of Day

Independent Non-Executive Director recently sold AU$246k worth of stock

Musgrave Minerals Limited Reports Infill Drilling At Break of Day

New 90-day high - AU$0.76

New 90-day high - AU$0.62