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MRD

Mount Ridley Mines ASX:MRD Stock Report

Last Price

AU$0.007

Market Cap

AU$40.5m

7D

0%

1Y

0%

Updated

19 May, 2022

Data

Company Financials
MRD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MRD Stock Overview

Mount Ridley Mines Limited engages in the exploration of mineral properties in Australia.

Mount Ridley Mines Peers

Price History & Performance

Summary of all time highs, changes and price drops for Mount Ridley Mines
Historical stock prices
Current Share PriceAU$0.007
52 Week HighAU$0.011
52 Week LowAU$0.002
Beta1.47
1 Month Change-30.00%
3 Month Change-12.50%
1 Year Change0%
3 Year Change600.00%
5 Year Change-46.15%
Change since IPO-99.51%

Recent News & Updates

Shareholder Returns

MRDAU Metals and MiningAU Market
7D0%5.5%3.5%
1Y0%3.0%2.1%

Return vs Industry: MRD underperformed the Australian Metals and Mining industry which returned 3% over the past year.

Return vs Market: MRD underperformed the Australian Market which returned 2.1% over the past year.

Price Volatility

Is MRD's price volatile compared to industry and market?
MRD volatility
MRD Average Weekly Movement16.2%
Metals and Mining Industry Average Movement11.2%
Market Average Movement9.5%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market4.3%

Stable Share Price: MRD is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: MRD's weekly volatility has decreased from 27% to 16% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2000n/an/ahttps://mtridleymines.com.au

Mount Ridley Mines Limited engages in the exploration of mineral properties in Australia. The company explores for base and precious metal deposits, such as nickel, iron, copper, rare earth elements, and gold. It primarily holds 100% interests in the Mount Ridley project that includes 8 granted exploration licenses and 1 exploration license application covering an area of approximately 3,400 square kilometers located to the north east of the port of Esperance; and the Weld Range West project that consists of 3 granted exploration licenses covering an area of approximately 52 square kilometers situated to the west of the township of Cue.

Mount Ridley Mines Fundamentals Summary

How do Mount Ridley Mines's earnings and revenue compare to its market cap?
MRD fundamental statistics
Market CapAU$40.51m
Earnings (TTM)-AU$1.71m
Revenue (TTM)AU$1.44k

0.0x

P/S Ratio

-24.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRD income statement (TTM)
RevenueAU$1.44k
Cost of RevenueAU$0
Gross ProfitAU$1.44k
Other ExpensesAU$1.71m
Earnings-AU$1.71m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00029
Gross Margin100.00%
Net Profit Margin-119,173.66%
Debt/Equity Ratio0.0%

How did MRD perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is Mount Ridley Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-6.9%

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 Mount Ridley Mines 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 Mount Ridley Mines performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MRD is currently unprofitable.

Growing Profit Margin: MRD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MRD is unprofitable, but has reduced losses over the past 5 years at a rate of 30.9% per year.

Accelerating Growth: Unable to compare MRD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MRD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.8%).


Return on Equity

High ROE: MRD has a negative Return on Equity (-18.82%), as it is currently unprofitable.


Financial Health

How is Mount Ridley Mines's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MRD's short term assets (A$6.6M) exceed its short term liabilities (A$133.5K).

Long Term Liabilities: MRD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MRD is debt free.

Reducing Debt: MRD has not had any debt for 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: MRD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MRD has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 12.9% each year.


Dividend

What is Mount Ridley Mines's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MRD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MRD'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 MRD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MRD'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 MRD has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average board tenure


CEO

Mount Ridley Mines has no CEO, or we have no data on them.


Board Members

Experienced Board: MRD's board of directors are considered experienced (3.1 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 33.5%.


Top Shareholders

Company Information

Mount Ridley Mines Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mount Ridley Mines Limited
  • Ticker: MRD
  • Exchange: ASX
  • Founded: 2000
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$40.505m
  • Shares outstanding: 5.79b
  • Website: https://mtridleymines.com.au

Location

  • Mount Ridley Mines Limited
  • 168 Stirling Highway
  • Ground Floor
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/18 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.