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Mineral Commodities ASX:MRC Stock Report

Last Price

AU$0.026

Market Cap

AU$25.6m

7D

0%

1Y

-35.0%

Updated

23 Oct, 2024

Data

Company Financials

MRC Stock Overview

Operates as a mining and development company with a primary focus on the development of mineral deposits within the industrial and battery minerals sectors. More details

MRC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Mineral Commodities Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mineral Commodities
Historical stock prices
Current Share PriceAU$0.026
52 Week HighAU$0.04
52 Week LowAU$0.015
Beta0.71
1 Month Change0%
3 Month Change0%
1 Year Change-35.00%
3 Year Change-82.67%
5 Year Change-87.91%
Change since IPO-91.33%

Recent News & Updates

Recent updates

Here's Why Mineral Commodities (ASX:MRC) Can Afford Some Debt

Sep 02
Here's Why Mineral Commodities (ASX:MRC) Can Afford Some Debt

Is Mineral Commodities (ASX:MRC) Using Debt Sensibly?

Apr 01
Is Mineral Commodities (ASX:MRC) Using Debt Sensibly?

Mineral Commodities (ASX:MRC) Seems To Use Debt Quite Sensibly

Jun 14
Mineral Commodities (ASX:MRC) Seems To Use Debt Quite Sensibly

Investors Could Be Concerned With Mineral Commodities' (ASX:MRC) Returns On Capital

May 05
Investors Could Be Concerned With Mineral Commodities' (ASX:MRC) Returns On Capital

We Think Mineral Commodities (ASX:MRC) Can Stay On Top Of Its Debt

Mar 14
We Think Mineral Commodities (ASX:MRC) Can Stay On Top Of Its Debt

With EPS Growth And More, Mineral Commodities (ASX:MRC) Is Interesting

Mar 01
With EPS Growth And More, Mineral Commodities (ASX:MRC) Is Interesting

Shareholders of Mineral Commodities (ASX:MRC) Must Be Delighted With Their 437% Total Return

Feb 08
Shareholders of Mineral Commodities (ASX:MRC) Must Be Delighted With Their 437% Total Return

Mineral Commodities Ltd's (ASX:MRC) Stock Is Going Strong: Have Financials A Role To Play?

Jan 24
Mineral Commodities Ltd's (ASX:MRC) Stock Is Going Strong: Have Financials A Role To Play?

How Much Of Mineral Commodities Ltd (ASX:MRC) Do Insiders Own?

Jan 08
How Much Of Mineral Commodities Ltd (ASX:MRC) Do Insiders Own?

We're Not So Sure You Should Rely on Mineral Commodities's (ASX:MRC) Statutory Earnings

Dec 24
We're Not So Sure You Should Rely on Mineral Commodities's (ASX:MRC) Statutory Earnings

Returns On Capital At Mineral Commodities (ASX:MRC) Paint An Interesting Picture

Dec 12
Returns On Capital At Mineral Commodities (ASX:MRC) Paint An Interesting Picture

Does Mineral Commodities (ASX:MRC) Have A Healthy Balance Sheet?

Nov 30
Does Mineral Commodities (ASX:MRC) Have A Healthy Balance Sheet?

A Quick Analysis On Mineral Commodities' (ASX:MRC) CEO Compensation

Nov 18
A Quick Analysis On Mineral Commodities' (ASX:MRC) CEO Compensation

Returns On Capital At Mineral Commodities (ASX:MRC) Paint An Interesting Picture

Sep 09
Returns On Capital At Mineral Commodities (ASX:MRC) Paint An Interesting Picture

We're Not Counting On Mineral Commodities (ASX:MRC) To Sustain Its Statutory Profitability

Aug 25
We're Not Counting On Mineral Commodities (ASX:MRC) To Sustain Its Statutory Profitability

Market Still Lacking Some Conviction On Mineral Commodities Ltd (ASX:MRC)

Aug 09
Market Still Lacking Some Conviction On Mineral Commodities Ltd (ASX:MRC)

Our Take On Mineral Commodities' (ASX:MRC) CEO Salary

Aug 09
Our Take On Mineral Commodities' (ASX:MRC) CEO Salary

Did You Participate In Any Of Mineral Commodities' (ASX:MRC) Fantastic 249% Return ?

Jul 19
Did You Participate In Any Of Mineral Commodities' (ASX:MRC) Fantastic 249% Return ?

Mineral Commodities Ltd's (ASX:MRC) Stock Is Going Strong: Have Financials A Role To Play?

Jun 28
Mineral Commodities Ltd's (ASX:MRC) Stock Is Going Strong: Have Financials A Role To Play?

Shareholder Returns

MRCAU Metals and MiningAU Market
7D0%-5.2%-2.7%
1Y-35.0%-19.5%6.5%

Return vs Industry: MRC underperformed the Australian Metals and Mining industry which returned -0.1% over the past year.

Return vs Market: MRC underperformed the Australian Market which returned 19.4% over the past year.

Price Volatility

Is MRC's price volatile compared to industry and market?
MRC volatility
MRC Average Weekly Movementn/a
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: MRC's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: Insufficient data to determine MRC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970n/aScott Lowewww.mineralcommodities.com

Mineral Commodities Ltd, together with its subsidiaries, operates as a mining and development company with a primary focus on the development of mineral deposits within the industrial and battery minerals sectors. The company operates through Mineral Sands Mining and Production; Mineral Sands Exploration; Graphite Mining and Production; and Exploration Activities segments. It produces mineral sands deposits, such as ilmenite, zircon rutile, and garnet concentrates, as well as magnetite, sapphire, diamond, and staurolite.

Mineral Commodities Ltd Fundamentals Summary

How do Mineral Commodities's earnings and revenue compare to its market cap?
MRC fundamental statistics
Market capAU$25.60m
Earnings (TTM)-AU$14.90m
Revenue (TTM)AU$42.79m

0.6x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRC income statement (TTM)
RevenueUS$28.57m
Cost of RevenueUS$30.48m
Gross Profit-US$1.90m
Other ExpensesUS$8.05m
Earnings-US$9.95m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.01
Gross Margin-6.66%
Net Profit Margin-34.83%
Debt/Equity Ratio12.3%

How did MRC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/23 14:26
End of Day Share Price 2024/07/26 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mineral Commodities Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nikolas TolerisMirabaud Securities Limited
Michael BentleyMST Financial Services Pty Limited