Metals Australia Limited engages in the exploration and investment of mineral deposits in Australia and Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.002|
|52 Week High||AU$0.001|
|52 Week Low||AU$0.003|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-20.00%|
|3 Year Change||-50.00%|
|5 Year Change||-50.00%|
|Change since IPO||-92.00%|
Recent News & Updates
|MLS||AU Metals and Mining||AU Market|
Return vs Industry: MLS underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: MLS underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: MLS is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 34% a week.
Volatility Over Time: MLS's weekly volatility (34%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Metals Australia Limited engages in the exploration and investment of mineral deposits in Australia and Canada. The company primarily explores for zinc, gold, silver, copper, lithium, graphite, nickel, and other base metal deposits. It holds interest in the Lac Rainy Nord Graphite Project that consists of 92 mineral claims covering an area of approximately 45.5 square kilometers located in Quebec.
Metals Australia Fundamentals Summary
|MLS fundamental statistics|
Is MLS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MLS income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00009|
|Net Profit Margin||-7,734.81%|
How did MLS perform over the long term?See historical performance and comparison
Is Metals Australia 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 MLS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MLS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MLS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MLS 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 MLS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MLS is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.5x).
How is Metals Australia 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 Metals Australia 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 Metals Australia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLS is currently unprofitable.
Growing Profit Margin: MLS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MLS is unprofitable, and losses have increased over the past 5 years at a rate of 16.4% per year.
Accelerating Growth: Unable to compare MLS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MLS 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: MLS has a negative Return on Equity (-5.08%), as it is currently unprofitable.
How is Metals Australia's financial position?
Financial Position Analysis
Short Term Liabilities: MLS's short term assets (A$1.3M) exceed its short term liabilities (A$79.8K).
Long Term Liabilities: MLS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MLS is debt free.
Reducing Debt: MLS has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
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: MLS has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MLS is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.
What is Metals Australia current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MLS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MLS'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 MLS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MLS'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 MLS'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
Metals Australia has no CEO, or we have no data on them.
Experienced Board: MLS's board of directors are considered experienced (4.8 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 43.6%.
Metals Australia Ltd's employee growth, exchange listings and data sources
- Name: Metals Australia Ltd
- Ticker: MLS
- Exchange: ASX
- Founded: 1981
- Industry: Gold
- Sector: Materials
- Market Cap: AU$10.477m
- Shares outstanding: 5.24b
- Website: https://www.metalsaustralia.com.au
- Metals Australia Ltd
- 8 Parliament Place
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:03|
|End of Day Share Price||2021/10/15 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.