Metro Mining Limited operates as an exploration and mining company in Australia and China.
High growth potential and good value.
Share Price & News
How has Metro Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMI's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: MMI underperformed the Australian Metals and Mining industry which returned 16% over the past year.
Return vs Market: MMI underperformed the Australian Market which returned -6.4% over the past year.
Price Volatility Vs. Market
How volatile is Metro Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StCan We See Significant Insider Ownership On The Metro Mining Limited (ASX:MMI) Share Register?
3 months ago | Simply Wall StMetro Mining Limited's (ASX:MMI) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
3 months ago | Simply Wall StIs Metro Mining Limited (ASX:MMI) Better Than Average At Deploying Capital?
Is Metro Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MMI (A$0.09) is trading below our estimate of fair value (A$2.69)
Significantly Below Fair Value: MMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MMI is poor value based on its PE Ratio (33.7x) compared to the AU Metals and Mining industry average (10.6x).
PE vs Market: MMI is poor value based on its PE Ratio (33.7x) compared to the Australian market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: MMI is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: MMI is good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (2.1x).
How is Metro Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMI's forecast earnings growth (50.4% per year) is above the savings rate (2.3%).
Earnings vs Market: MMI's earnings (50.4% per year) are forecast to grow faster than the Australian market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MMI's revenue (14.9% per year) is forecast to grow faster than the Australian market (4.2% per year).
High Growth Revenue: MMI's revenue (14.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMI's Return on Equity is forecast to be high in 3 years time (23.1%)
How has Metro Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMI has a large one-off loss of A$1.6M impacting its December 31 2019 financial results.
Growing Profit Margin: MMI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MMI has become profitable over the past 5 years, growing earnings by 39.5% per year.
Accelerating Growth: MMI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MMI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).
Return on Equity
High ROE: MMI's Return on Equity (2.7%) is considered low.
How is Metro Mining's financial position?
Financial Position Analysis
Short Term Liabilities: MMI's short term assets (A$54.6M) exceed its short term liabilities (A$28.0M).
Long Term Liabilities: MMI's short term assets (A$54.6M) do not cover its long term liabilities (A$55.6M).
Debt to Equity History and Analysis
Debt Level: MMI's debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MMI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MMI's debt is well covered by operating cash flow (102%).
Interest Coverage: MMI's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is Metro Mining current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MMI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MMI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MMI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MMI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Finnis (54 yo)
Mr. Simon Finnis has been Chief Executive Officer at Cape Alumina Pty Ltd since January 12, 2015. Mr. Finnis serves as Chief Executive Officer of Grand Cote Operations in Senegal. Mr. Finnis has been Manag ...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD410.31K) is above average for companies of similar size in the Australian market ($USD268.37K).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||5.58yrs||AU$572.27k||0.32% |
|Joint Company Secretary & CFO||2.5yrs||AU$358.76k||0.074% |
|Joint Company Secretary||1.42yrs||no data||no data|
|Project Manager & Site Senior Executive||no data||AU$192.63k||no data|
Experienced Management: MMI's management team is considered experienced (2.5 years average tenure).
|MD, CEO & Executive Director||5.58yrs||AU$572.27k||0.32% |
|Independent Non-Executive Chairman||8.08yrs||AU$150.07k||0.32% |
|Non-Executive Director||4.08yrs||no data||no data|
|Independent Non-Executive Director||5.92yrs||AU$98.75k||0.23% |
|Alternate Director||3.92yrs||no data||no data|
|Independent Non-Executive Director||1.42yrs||AU$74.47k||0.011% |
Experienced Board: MMI's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MMI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Metro Mining Limited's company bio, employee growth, exchange listings and data sources
- Name: Metro Mining Limited
- Ticker: MMI
- Exchange: ASX
- Founded: 2014
- Industry: Aluminum
- Sector: Materials
- Market Cap: AU$122.223m
- Shares outstanding: 1.39b
- Website: https://www.metromining.com.au
- Metro Mining Limited
- 247 Adelaide Street
- Level 2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MMI||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2009|
|6ME||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2009|
|MMI||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2009|
Metro Mining Limited operates as an exploration and mining company in Australia and China. The company explores for coal and bauxite. Its flagship project is the Bauxite Hills Mine project covering an area ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/13 01:36|
|End of Day Share Price||2020/08/12 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.