| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
MMI Stock Overview
Metro Mining Limited operates as an exploration and mining company in Australia and China.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.027 |
| 52 Week High | AU$0.076 |
| 52 Week Low | AU$0.014 |
| Beta | 0.40 |
| 1 Month Change | 35.00% |
| 3 Month Change | 35.00% |
| 1 Year Change | -60.87% |
| 3 Year Change | -82.00% |
| 5 Year Change | -82.58% |
| Change since IPO | -84.12% |
Recent News & Updates
Is Metro Mining (ASX:MMI) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Shareholder Returns
| MMI | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 22.7% | 2.0% | -0.5% |
| 1Y | -60.9% | 11.5% | 8.4% |
Return vs Industry: MMI underperformed the Australian Metals and Mining industry which returned 6.2% over the past year.
Return vs Market: MMI underperformed the Australian Market which returned 7.7% over the past year.
Price Volatility
| MMI volatility | |
|---|---|
| MMI Average Weekly Movement | 11.2% |
| Metals and Mining Industry Average Movement | 10.8% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.5% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: MMI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: MMI's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | Simon Wensley | https://www.metromining.com.au |
Metro Mining Limited operates as an exploration and mining company in Australia and China. The company explores for coal and bauxite ores. Its flagship project is the Bauxite Hills Mine property covering an area of approximately 1,900 square kilometers located to the north of Weipa on Western Cape York.
Metro Mining Fundamentals Summary
| MMI fundamental statistics | |
|---|---|
| Market Cap | AU$80.70m |
| Earnings (TTM) | -AU$92.69m |
| Revenue (TTM) | AU$93.57m |
0.9x
P/S Ratio-0.9x
P/E RatioIs MMI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MMI income statement (TTM) | |
|---|---|
| Revenue | AU$93.57m |
| Cost of Revenue | AU$111.08m |
| Gross Profit | -AU$17.51m |
| Expenses | AU$75.17m |
| Earnings | -AU$92.69m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.031 |
| Gross Margin | -18.72% |
| Net Profit Margin | -99.05% |
| Debt/Equity Ratio | 101.7% |
How did MMI perform over the long term?
See historical performance and comparisonValuation
Is Metro Mining undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MMI (A$0.03) is trading below our estimate of fair value (A$0.78)
Significantly Below Fair Value: MMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MMI is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MMI 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 MMI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MMI is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.8x).
Future Growth
How is Metro Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
99.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: MMI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MMI's is expected to become profitable in the next 3 years.
Revenue vs Market: MMI's revenue (17.7% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: MMI's revenue (17.7% 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 low in 3 years time (13.1%).
Past Performance
How has Metro Mining performed over the past 5 years?
-46.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMI is currently unprofitable.
Growing Profit Margin: MMI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MMI is unprofitable, and losses have increased over the past 5 years at a rate of 46.2% per year.
Accelerating Growth: Unable to compare MMI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MMI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (33%).
Return on Equity
High ROE: MMI has a negative Return on Equity (-259.05%), as it is currently unprofitable.
Financial Health
How is Metro Mining's financial position?
Financial Position Analysis
Short Term Liabilities: MMI's short term assets (A$27.3M) do not cover its short term liabilities (A$38.2M).
Long Term Liabilities: MMI's short term assets (A$27.3M) do not cover its long term liabilities (A$55.8M).
Debt to Equity History and Analysis
Debt Level: MMI's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: MMI's debt to equity ratio has increased from 3.2% to 101.7% 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: MMI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MMI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Metro Mining current dividend yield, its reliability and sustainability?
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.5yrs
Average management tenure
CEO
Simon Wensley
0.50
Tenure
Mr. Simon Wensley has been Managing Director and Chief Executive Officer at Metro Mining Limited since July 05, 2021. He serves as Director at Metro Mining Limited since May 25, 2021. He served as Chief Co...
Leadership Team
Experienced Management: MMI's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: MMI's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MMI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 115%.
Top Shareholders
Company Information
Metro Mining Limited's employee growth, exchange listings and data sources
Key Information
- Name: Metro Mining Limited
- Ticker: MMI
- Exchange: ASX
- Founded: 2006
- Industry: Aluminum
- Sector: Materials
- Implied Market Cap: AU$80.697m
- Shares outstanding: 2.99b
- Website: https://www.metromining.com.au
Location
- Metro Mining Limited
- 247 Adelaide Street
- Level 2
- Brisbane
- Queensland
- 4000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 16:06 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.