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MKR

Manuka ResourcesASX:MKR Stock Report

Market Cap

AU$101.0m

7D

15.4%

1Y

-24.2%

Updated

16 Oct, 2021

Data

Company Financials
MKR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

MKR Overview

Manuka Resources Limited engages in the exploration and development of gold and silver properties.

Price History & Performance

Summary of all time highs, changes and price drops for Manuka Resources
Historical stock prices
Current Share PriceAU$0.38
52 Week HighAU$0.25
52 Week LowAU$0.54
Beta0
1 Month Change22.95%
3 Month Change29.31%
1 Year Change-24.24%
3 Year Changen/a
5 Year Changen/a
Change since IPO47.06%

Recent News & Updates

Shareholder Returns

MKRAU Metals and MiningAU Market
7D15.4%4.3%0.9%
1Y-24.2%12.2%20.2%

Return vs Industry: MKR underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: MKR underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is MKR's price volatile compared to industry and market?
MKR volatility
MKR Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: MKR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: MKR's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/an/ahttps://manukaresources.com.au

Manuka Resources Limited engages in the exploration and development of gold and silver properties. It operates in two segments, Exploration and Operations. The company holds interest in the Mt Boppy gold project, which comprises 3 granted mining leases, 4 gold leases, and one exploration license covering an area approximately 210 km2 located in east of Cobar in the Central West region of New South Wales; and the Wonawinta silver project located in the east of Cobar Basin.

Manuka Resources Fundamentals Summary

How do Manuka Resources's earnings and revenue compare to its market cap?
MKR fundamental statistics
Market CapAU$101.01m
Earnings (TTM)-AU$2.90m
Revenue (TTM)AU$43.75m

2.3x

P/S Ratio

-34.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MKR income statement (TTM)
RevenueAU$43.75m
Cost of RevenueAU$43.31m
Gross ProfitAU$439.68k
ExpensesAU$3.33m
Earnings-AU$2.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin1.00%
Net Profit Margin-6.62%
Debt/Equity Ratio760.8%

How did MKR perform over the long term?

See historical performance and comparison

Valuation

Is Manuka Resources undervalued compared to its fair value and its price relative to the market?

46.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MKR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MKR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MKR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: MKR 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 MKR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MKR is overvalued based on its PB Ratio (46.2x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Manuka Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

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 Manuka Resources 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 Manuka Resources performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MKR is currently unprofitable.

Growing Profit Margin: MKR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MKR is unprofitable, and losses have increased over the past 5 years at a rate of 5.5% per year.

Accelerating Growth: Unable to compare MKR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MKR 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: MKR has a negative Return on Equity (-132.53%), as it is currently unprofitable.


Financial Health

How is Manuka Resources's financial position?


Financial Position Analysis

Short Term Liabilities: MKR's short term assets (A$7.1M) do not cover its short term liabilities (A$10.5M).

Long Term Liabilities: MKR's short term assets (A$7.1M) do not cover its long term liabilities (A$22.5M).


Debt to Equity History and Analysis

Debt Level: MKR's debt to equity ratio (760.8%) is considered high.

Reducing Debt: Insufficient data to determine if MKR's debt to equity ratio has reduced over the past 5 years.


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: MKR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MKR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.2% each year


Dividend

What is Manuka Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MKR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MKR'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 MKR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MKR'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 MKR'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?

2.3yrs

Average management tenure


CEO

Manuka Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: MKR's management team is considered experienced (2.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.


Top Shareholders

Company Information

Manuka Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Manuka Resources Limited
  • Ticker: MKR
  • Exchange: ASX
  • Founded: 2016
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: AU$101.008m
  • Shares outstanding: 269.35m
  • Website: https://manukaresources.com.au

Location

  • Manuka Resources Limited
  • Grafton Bond Building
  • Level 4
  • 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 Analysis2021/10/16 07:03
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.