Mayur Resources Ltd engages in the exploration and evaluation of industrial minerals and iron projects in Papua New Guinea.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.25|
|52 Week High||AU$0.14|
|52 Week Low||AU$0.45|
|1 Month Change||4.17%|
|3 Month Change||47.06%|
|1 Year Change||-43.82%|
|3 Year Change||-63.77%|
|5 Year Change||n/a|
|Change since IPO||-40.48%|
Recent News & Updates
We Think Mayur Resources (ASX:MRL) Needs To Drive Business Growth Carefully
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
|MRL||AU Metals and Mining||AU Market|
Return vs Industry: MRL underperformed the Australian Metals and Mining industry which returned 13.3% over the past year.
Return vs Market: MRL underperformed the Australian Market which returned 20.3% over the past year.
Stable Share Price: MRL is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 22% a week.
Volatility Over Time: MRL's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Mayur Resources Ltd engages in the exploration and evaluation of industrial minerals and iron projects in Papua New Guinea. The company operates through Industrial Minerals, Iron, and Coal and Power segments. The Industrial Minerals segment includes limestone and the Port Moresby Lime Project.
Mayur Resources Fundamentals Summary
|MRL fundamental statistics|
Is MRL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MRL income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.049|
|Net Profit Margin||-18,477.78%|
How did MRL perform over the long term?See historical performance and comparison
Is Mayur Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MRL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MRL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MRL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MRL 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 MRL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MRL is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.5x).
How is Mayur Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Mayur 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.
How has Mayur Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRL is currently unprofitable.
Growing Profit Margin: MRL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MRL is unprofitable, and losses have increased over the past 5 years at a rate of 52.5% per year.
Accelerating Growth: Unable to compare MRL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MRL 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: MRL has a negative Return on Equity (-23.41%), as it is currently unprofitable.
How is Mayur Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MRL's short term assets (A$4.9M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: MRL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MRL is debt free.
Reducing Debt: MRL has no debt compared to 5 years ago when its debt to equity ratio was 130%.
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: MRL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MRL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.5% each year
What is Mayur Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MRL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MRL'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 MRL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MRL'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 MRL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Paul Levi Mulder has been the Managing Director of Mayur Resources Limited since March 2014 and has been its Director since July 03, 2017. Mr. Mulder has successful executive management experience acro...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Paul's total compensation is reasonable compared to companies of similar size in the Australian market.
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
Experienced Management: MRL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: MRL's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.6%.
Mayur Resources Ltd's employee growth, exchange listings and data sources
- Name: Mayur Resources Ltd
- Ticker: MRL
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$55.504m
- Shares outstanding: 222.02m
- Website: https://mayurresources.com
- Mayur Resources Ltd
- 300 Adelaide Street
- Level 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:04|
|End of Day Share Price||2021/10/18 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.