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Metro Mining

ASX:MMI
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MMI
ASX
A$173M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Metro Mining Limited operates as an exploration and mining company in Australia. The last earnings update was 145 days ago. More info.


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  • Metro Mining has significant price volatility in the past 3 months.
MMI Share Price and Events
7 Day Returns
17.4%
ASX:MMI
1.4%
AU Metals and Mining
0.6%
AU Market
1 Year Returns
-34.1%
ASX:MMI
20.2%
AU Metals and Mining
5.7%
AU Market
MMI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Metro Mining (MMI) 17.4% 28.6% -10% -34.1% 42.1% 246.2%
AU Metals and Mining 1.4% 1.6% 9.3% 20.2% 77.1% 16.9%
AU Market 0.6% 0.8% 5.9% 5.7% 19.4% 12.3%
1 Year Return vs Industry and Market
  • MMI underperformed the Metals and Mining industry which returned 20.2% over the past year.
  • MMI underperformed the Market in Australia which returned 5.7% over the past year.
Price Volatility
MMI
Industry
5yr Volatility vs Market

MMI Value

 Is Metro Mining undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Metro Mining. This is due to cash flow or dividend data being unavailable. The share price is A$0.135.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Metro Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Metro Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:MMI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.01
ASX:MMI Share Price ** ASX (2019-07-22) in AUD A$0.14
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.03x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Metro Mining.

ASX:MMI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:MMI Share Price ÷ EPS (both in AUD)

= 0.14 ÷ 0.01

9.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metro Mining is good value based on earnings compared to the AU Metals and Mining industry average.
  • Metro Mining is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Metro Mining's expected growth come at a high price?
Raw Data
ASX:MMI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.89x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Metro Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Metro Mining's assets?
Raw Data
ASX:MMI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.09
ASX:MMI Share Price * ASX (2019-07-22) in AUD A$0.14
Australia Metals and Mining Industry PB Ratio Median Figure of 591 Publicly-Listed Metals and Mining Companies 1.51x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:MMI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:MMI Share Price ÷ Book Value per Share (both in AUD)

= 0.14 ÷ 0.09

1.44x

* Primary Listing of Metro Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metro Mining is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Metro Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Metro Mining has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MMI Future Performance

 How is Metro Mining expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.1%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Metro Mining expected to grow at an attractive rate?
  • Unable to compare Metro Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Metro Mining's earnings growth to the Australia market average as no estimate data is available.
  • Metro Mining's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:MMI Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:MMI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 24.1%
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 4%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:MMI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:MMI Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 352 73 1
2021-06-30 288 48 2
2020-06-30 223 32 2
2019-06-30 147 13 2
ASX:MMI Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 186 8 19
2018-06-30 25 -4 -17
2018-03-31 13 -4 -13
2017-12-31 0 -4 -9
2017-09-30 0 -4 -6
2017-06-30 -3 -2
2017-03-31 0 -3 -3
2016-12-31 0 -3 -3
2016-09-30 0 -3 -5
2016-06-30 0 -3 -7
2016-03-31 0 -3 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Metro Mining is high growth as no earnings estimate data is available.
  • Metro Mining's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:MMI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Metro Mining Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MMI Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
2021-06-30
2020-06-30
2019-06-30
ASX:MMI Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Metro Mining is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Metro Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Metro Mining has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MMI Past Performance

  How has Metro Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Metro Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Metro Mining has delivered over 20% year on year earnings growth in the past 5 years.
  • Metro Mining has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Metro Mining has become profitable in the last year making it difficult to compare the AU Metals and Mining industry average.
Earnings and Revenue History
Metro Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Metro Mining Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MMI Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 186.47 18.71 8.81
2018-06-30 25.30 -17.38 5.93
2018-03-31 12.65 -13.26 5.61
2017-12-31 0.18 -9.13 3.42
2017-09-30 0.18 -5.75 2.53
2017-06-30 -2.37 3.52
2017-03-31 0.07 -2.52 2.69
2016-12-31 0.14 -2.66 1.85
2016-09-30 0.14 -4.75 1.53
2016-06-30 0.14 -6.83 1.22
2016-03-31 0.18 -4.68 1.10
2015-12-31 0.23 -2.52 0.98
2015-09-30 0.23 -2.50 1.16
2015-06-30 0.23 -2.49 1.35
2015-03-31 -0.08 -8.53 1.40
2014-12-31 -0.38 -14.56 1.46
2014-09-30 0.03 -15.06 1.21
2014-06-30 0.44 -15.56 0.97
2014-03-31 0.88 -9.65 0.98
2013-12-31 1.32 -3.75 0.98
2013-09-30 0.91 -2.24 1.01
2013-06-30 0.50 -0.74 1.04
2013-03-31 0.30 -0.21 1.11
2012-12-31 0.10 0.31 1.17
2012-09-30 0.15 -5.27 1.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Metro Mining has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Metro Mining used its assets more efficiently than the AU Metals and Mining industry average last year based on Return on Assets.
  • Metro Mining has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Metro Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Metro Mining has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MMI Health

 How is Metro Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Metro Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Metro Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Metro Mining's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Metro Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Metro Mining Company Filings, last reported 6 months ago.

ASX:MMI Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 129.50 39.27 23.37
2018-06-30 118.94 37.39 23.30
2018-03-31 118.94 37.39 23.30
2017-12-31 116.10 29.79 19.12
2017-09-30 116.10 29.79 19.12
2017-06-30 80.78 15.18 15.35
2017-03-31 80.78 15.18 15.35
2016-12-31 32.32 48.88 11.46
2016-09-30 32.32 48.88 11.46
2016-06-30 16.43 0.00 2.68
2016-03-31 16.43 0.00 2.68
2015-12-31 19.21 0.00 5.33
2015-09-30 19.21 0.00 5.33
2015-06-30 14.59 0.00 3.12
2015-03-31 14.59 0.00 3.12
2014-12-31 15.98 0.00 5.50
2014-09-30 15.98 0.00 5.50
2014-06-30 17.23 0.00 7.52
2014-03-31 17.23 0.00 7.52
2013-12-31 32.23 0.00 7.48
2013-09-30 32.23 0.00 7.48
2013-06-30 34.20 0.00 11.13
2013-03-31 34.20 0.00 11.13
2012-12-31 35.98 0.00 9.94
2012-09-30 35.98 0.00 9.94
  • Metro Mining's level of debt (34.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 34.2% today).
  • Debt is not well covered by operating cash flow (17.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Metro Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Metro Mining has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MMI Dividends

 What is Metro Mining's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Metro Mining dividends. Estimated to be 0% next year.
If you bought A$2,000 of Metro Mining shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Metro Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Metro Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:MMI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 416 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:MMI Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30
2021-06-30 0.00 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Metro Mining has not reported any payouts.
  • Unable to verify if Metro Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Metro Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Metro Mining has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Metro Mining's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess Metro Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Metro Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Metro Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MMI Management

 What is the CEO of Metro Mining's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Simon Finnis
COMPENSATION A$586,728
AGE 53
TENURE AS CEO 4.5 years
CEO Bio

Mr. Simon Finnis has been Chief Executive Officer of Cape Alumina Limited since January 12, 2015. Mr. Finnis serves as Chief Executive Officer of Grand Cote Operations in Senegal. Mr. Finnis has been the Executive Managing Director of Metro Mining Limited since January 6, 2017 and serves as its Executive Director and Chief Executive Officer. Mr. Finnis served as the Chief Executive Officer of Metrocoal and Metro Mining Limited since January 12, 2015 until January 9, 2017. Mr. Finnis' recent experience through feasibility, construction and commissioning of new and brown fields' operations, he is ideally suited to gain in Bauxite Hills on line in the shortest time frame possible and in the most cost effective manner. Mr. Finnis served as the Chief Operating Officer at Australian Solomons Gold Limited since April 2009. He served as the Manager of East Operations at Cristal Mining Australia Limited until August 31, 2007. He has a 28 year mining career working Internationally and Nationally in underground and open cut mines. He served as Chief Executive Officer of Agrimin Limited from January 9, 2007 to April 2009 and served as its Managing Director from January 2010 to September 14, 2012. He served as the Non-Executive Director at Agrimin Limited (alternate name, Global Resources Corporation Limited) from March 1, 2010 to October 3, 2013. Mr. Finnis completed his Masters in Business & Technology through the UNSW in 2005.

CEO Compensation
  • Simon's compensation has increased in line with Metro Mining recently becoming profitable.
  • Simon's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Metro Mining management team in years:

1.4
Average Tenure
  • The average tenure for the Metro Mining management team is less than 2 years, this suggests a new team.
Management Team

Simon Finnis

TITLE
Executive MD
COMPENSATION
A$587K
AGE
53
TENURE
4.5 yrs

Duane Woodbury

TITLE
Joint Company Secretary & CFO
COMPENSATION
A$261K
TENURE
1.4 yrs

Mitchell Petrie

TITLE
Joint Company Secretary
TENURE
0.3 yrs

Nicholas Villa

TITLE
Project Manager & Site Senior Executive
COMPENSATION
A$193K
Board of Directors Tenure

Average tenure and age of the Metro Mining board of directors in years:

2.9
Average Tenure
53
Average Age
  • The average tenure for the Metro Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Stephen Everett

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$104K
AGE
67
TENURE
7 yrs

Simon Finnis

TITLE
Executive MD
COMPENSATION
A$587K
AGE
53
TENURE
2.5 yrs

Phil Hennessy

TITLE
Independent Non-Executive Director
COMPENSATION
A$64K
AGE
66
TENURE
4.8 yrs

Mark Sawyer

TITLE
Non-Executive Director
AGE
50
TENURE
3 yrs

Fiona Murdoch

TITLE
Independent Non-Executive Director
TENURE
0.3 yrs

Mike Haworth

TITLE
Alternate Director
AGE
53
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
17. Jan 19 Buy James Gorman Individual 09. Feb 18 17. Dec 18 8,576,473 A$0.27 A$0
X
Management checks
We assess Metro Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Metro Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MMI News

Simply Wall St News

Does Metro Mining (ASX:MMI) Have A Healthy Balance Sheet?

Since Metro Mining does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time. … Over the last year, Metro Mining barely recorded positive free cash flow, in total. … Our View While Metro Mining's interest cover makes us cautious about it, its track record of converting EBIT to free cash flow is no better.

Simply Wall St -

Why Metro Mining Limited’s (ASX:MMI) Return On Capital Employed Looks Uninspiring

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Metro Mining: 0.073 = AU$12m ÷ (AU$201m - AU$32m) (Based on the trailing twelve months to December 2018.) So, Metro Mining has an ROCE of 7.3%. … Do Metro Mining's Current Liabilities Skew Its ROCE?

Simply Wall St -

Should You Be Concerned About Metro Mining Limited's (ASX:MMI) Historical Volatility?

If you own shares in Metro Mining Limited (ASX:MMI) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. … Beta is worth considering, but it's also important to consider whether Metro Mining is growing earnings and revenue. … What this means for you: Since Metro Mining tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.

Simply Wall St -

Metro Mining Limited (ASX:MMI) Has A ROE Of 14%

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Metro Mining Limited (ASX:MMI). … Over the last twelve months Metro Mining has recorded a ROE of 14%. … Return on Equity = Net Profit ÷ Shareholders' Equity

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The Metro Mining (ASX:MMI) Share Price Has Soared 367%, Delighting Many Shareholders

Metro Mining Limited (ASX:MMI) shareholders might be concerned after seeing the share price drop 13% in the last quarter. … During the five years of share price growth, Metro Mining moved from a loss to profitability. … Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains.

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What Does Metro Mining Limited’s (ASX:MMI) 7.3% ROCE Say About The Business?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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Does The Metro Mining Limited (ASX:MMI) Share Price Tend To Follow The Market?

If you're interested in Metro Mining Limited (ASX:MMI), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility).

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What Kind Of Shareholder Appears On The Metro Mining Limited's (ASX:MMI) Shareholder Register?

If you want to know who really controls Metro Mining Limited (ASX:MMI), then you'll have to look at the makeup of its share registry. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Metro Mining is not a large company by global standards.

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Why Metro Mining Limited's (ASX:MMI) Investor Composition Impacts Your Returns

Today, I will be analyzing Metro Mining Limited’s (ASX:MMI) recent ownership structure, an important but not-so-popular subject among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … ASX:MMI Ownership Summary July 27th 18

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What Investors Should Know About Metro Mining Limited's (ASX:MMI) Financial Strength

While small-cap stocks, such as Metro Mining Limited (ASX:MMI) with its market cap of AU$264.87m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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MMI Company Info

Description

Metro Mining Limited operates as an exploration and mining company in Australia. The company explores for coal and bauxite. Its flagship project is the Bauxite Hills Mine project covering approximately 1,900 square kilometers of exploration tenements located to the north of Weipa on Western Cape York. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014. Metro Mining Limited was founded in 2014 and is headquartered in Brisbane, Australia.

Details
Name: Metro Mining Limited
MMI
Exchange: ASX
Founded: 2014
A$173,112,070
1,384,896,563
Website: http://www.metromining.com.au
Address: Metro Mining Limited
247 Adelaide Street,
Level 2,
Brisbane,
Queensland, 4000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MMI Ordinary Shares Australian Securities Exchange AU AUD 07. Dec 2009
DB 6ME Ordinary Shares Deutsche Boerse AG DE EUR 07. Dec 2009
CHIA MMI Ordinary Shares Chi-X Australia AU AUD 07. Dec 2009
Number of employees
Current staff
Staff numbers
0
Metro Mining employees.
Industry
Aluminum
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 10:35
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2019/05/13
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.