| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
MR1 Overview
Montem Resources Limited operates as a steelmaking coal development company in Canada.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.082 |
| 52 Week High | AU$0.02 |
| 52 Week Low | AU$0.29 |
| Beta | 0 |
| 1 Month Change | 92.94% |
| 3 Month Change | 86.36% |
| 1 Year Change | -53.14% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -67.20% |
Recent News & Updates
Have Insiders Been Buying Montem Resources Limited (ASX:MR1) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
Shareholder Returns
| MR1 | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 82.2% | -0.3% | 0.7% |
| 1Y | -53.1% | 12.5% | 21.4% |
Return vs Industry: MR1 underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.
Return vs Market: MR1 underperformed the Australian Market which returned 21.4% over the past year.
Price Volatility
| MR1 volatility | |
|---|---|
| MR1 Beta | 0 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: MR1 is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 29% a week.
Volatility Over Time: MR1's weekly volatility has increased from 22% to 29% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Peter Doyle | https://montem-resources.com |
Montem Resources Limited operates as a steelmaking coal development company in Canada. It owns interests in the Tent Mountain mine re-start project; Chinook project; and Greenfield projects comprising Isola, 4-Stack, and Oldman properties, which are located in the Crowsnest Pass area of southwest Alberta and southeast British Columbia. The company was incorporated in 2017 and is based in South Melbourne, Australia.
Montem Resources Fundamentals Summary
| MR1 fundamental statistics | |
|---|---|
| Market Cap | AU$18.27m |
| Earnings (TTM) | -AU$2.98m |
| Revenue (TTM) | n/a |
0x
P/S Ratio-6.4x
P/E RatioIs MR1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MR1 income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Expenses | AU$2.98m |
| Earnings | -AU$2.98m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.013 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.2% |
How did MR1 perform over the long term?
See historical performance and comparisonValuation
Is Montem Resources undervalued compared to its fair value and its price relative to the market?
0.68x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MR1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MR1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MR1 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MR1 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 MR1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MR1 is good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Montem Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.07%
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 Montem 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 Montem Resources performed over the past 5 years?
-17.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MR1 is currently unprofitable.
Growing Profit Margin: MR1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MR1 is unprofitable, and losses have increased over the past 5 years at a rate of 17.5% per year.
Accelerating Growth: Unable to compare MR1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MR1 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: MR1 has a negative Return on Equity (-10.51%), as it is currently unprofitable.
Financial Health
How is Montem Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MR1's short term assets (A$5.1M) exceed its short term liabilities (A$743.9K).
Long Term Liabilities: MR1's short term assets (A$5.1M) exceed its long term liabilities (A$169.6K).
Debt to Equity History and Analysis
Debt Level: MR1's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MR1'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: MR1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MR1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.1% each year
Dividend
What is Montem Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MR1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MR1'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 MR1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MR1'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 MR1'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?
3.5yrs
Average board tenure
CEO
Peter Doyle
no data
Tenure
AU$917,278
Compensation
Mr. Peter Charles Doyle, BSc. (Geology) MBA, serves as Chief Executive Officer at Montem Resources Limited and has been its Director since December 5, 2017 and its Managing Director since January 2018. Mr....
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD686.95K) is above average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: MR1's board of directors are considered experienced (3.5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.6%.
Top Shareholders
Company Information
Montem Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Montem Resources Limited
- Ticker: MR1
- Exchange: ASX
- Founded: 2017
- Industry: Steel
- Sector: Materials
- Market Cap: AU$18.267m
- Shares outstanding: 234.20m
- Website: https://montem-resources.com
Location
- Montem Resources Limited
- 100 Albert Road
- Level 4
- South Melbourne
- Victoria
- 3205
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 07:05 |
| End of Day Share Price | 2021/10/22 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.