MR1 Stock Overview
Montem Resources Limited operates as a steelmaking coal and renewable energy development company in Canada.
Montem Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.04|
|52 Week High||AU$0.11|
|52 Week Low||AU$0.022|
|1 Month Change||25.00%|
|3 Month Change||25.00%|
|1 Year Change||-2.44%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-84.00%|
Recent News & Updates
|MR1||AU Metals and Mining||AU Market|
Return vs Industry: MR1 exceeded the Australian Metals and Mining industry which returned -11.3% over the past year.
Return vs Market: MR1 exceeded the Australian Market which returned -6.5% over the past year.
|MR1 Average Weekly Movement||12.5%|
|Metals and Mining Industry Average Movement||12.4%|
|Market Average Movement||10.6%|
|10% most volatile stocks in AU Market||17.9%|
|10% least volatile stocks in AU Market||4.6%|
Stable Share Price: MR1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: MR1's weekly volatility has decreased from 20% to 12% over the past year.
About the Company
Montem Resources Limited operates as a steelmaking coal and renewable energy 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. Montem Resources Limited was incorporated in 2017 and is based in South Melbourne, Australia.
Montem Resources Fundamentals Summary
|MR1 fundamental statistics|
Is MR1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MR1 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.048|
|Net Profit Margin||0.00%|
How did MR1 perform over the long term?See historical performance and comparison
Is MR1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MR1?
Other financial metrics that can be useful for relative valuation.
|What is MR1's n/a Ratio?|
Price to Book Ratio vs Peers
How does MR1's PB Ratio compare to its peers?
|MR1 PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
AKO AKORA Resources
FRB Firebird Metals
NCR NuCoal Resources
KFE Kogi Iron
MR1 Montem Resources
Price-To-Book vs Peers: MR1 is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (2x).
Price to Earnings Ratio vs Industry
How does MR1's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Book vs Industry: MR1 is good value based on its Price-To-Book Ratio (0.7x) compared to the Australian Metals and Mining industry average (2x)
Price to Book Ratio vs Fair Ratio
What is MR1's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||0.7x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate MR1's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MR1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate MR1's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate MR1's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Montem Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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How has Montem Resources performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 33.5% 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 (57.3%).
Return on Equity
High ROE: MR1 has a negative Return on Equity (-78.73%), as it is currently unprofitable.
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How is Montem Resources's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MR1's short term assets (A$3.9M) exceed its short term liabilities (A$680.0K).
Long Term Liabilities: MR1's short term assets (A$3.9M) exceed its long term liabilities (A$72.0K).
Debt to Equity History and Analysis
Debt Level: MR1 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MR1's debt to equity ratio has reduced over the past 5 years.
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 12.6% each year
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What is Montem Resources's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MR1 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
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 ($USD313.75K) is about average for companies of similar size in the Australian market ($USD285.38K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Experienced Board: MR1's board of directors are considered experienced (4.3 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 25%.
Montem Resources Limited's employee growth, exchange listings and data sources
- Name: Montem Resources Limited
- Ticker: MR1
- Exchange: ASX
- Founded: 2017
- Industry: Steel
- Sector: Materials
- Implied Market Cap: AU$11.710m
- Shares outstanding: 292.75m
- Website: https://montem-resources.com
- Montem Resources Limited
- 100 Albert Road
- Level 4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/16 00:00|
|End of Day Share Price||2022/07/20 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.