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MRL

Mayur ResourcesASX:MRL Stock Report

Market Cap

AU$55.5m

7D

-2.0%

1Y

-43.8%

Updated

20 Oct, 2021

Data

Company Financials
MRL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MRL Overview

Mayur Resources Ltd engages in the exploration and evaluation of industrial minerals and iron projects in Papua New Guinea.

Price History & Performance

Summary of all time highs, changes and price drops for Mayur Resources
Historical stock prices
Current Share PriceAU$0.25
52 Week HighAU$0.14
52 Week LowAU$0.45
Beta0.20
1 Month Change4.17%
3 Month Change47.06%
1 Year Change-43.82%
3 Year Change-63.77%
5 Year Changen/a
Change since IPO-40.48%

Recent News & Updates

Mar 17
We Think Mayur Resources (ASX:MRL) Needs To Drive Business Growth Carefully

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...

Shareholder Returns

MRLAU Metals and MiningAU Market
7D-2.0%3.6%1.7%
1Y-43.8%11.3%20.2%

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.

Price Volatility

Is MRL's price volatile compared to industry and market?
MRL volatility
MRL Beta0.20
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2011n/aPaul Mulderhttps://mayurresources.com

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

How do Mayur Resources's earnings and revenue compare to its market cap?
MRL fundamental statistics
Market CapAU$55.50m
Earnings (TTM)-AU$10.84m
Revenue (TTM)AU$58.66k

961.5x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRL income statement (TTM)
RevenueAU$58.66k
Cost of RevenueAU$0
Gross ProfitAU$58.66k
ExpensesAU$10.90m
Earnings-AU$10.84m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.049
Gross Margin100.00%
Net Profit Margin-18,477.78%
Debt/Equity Ratio0.0%

How did MRL perform over the long term?

See historical performance and comparison

Valuation

Is Mayur Resources undervalued compared to its fair value and its price relative to the market?

1.2x

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).


Future Growth

How is Mayur Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

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.


Past Performance

How has Mayur Resources performed over the past 5 years?

-52.5%

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.


Financial Health

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%.


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: 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


Dividend

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.


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Paul Mulder

7.58yrs

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.


Leadership Team

Experienced Management: MRL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: MRL's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.6%.


Top Shareholders

Company Information

Mayur Resources Ltd's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Mayur Resources Ltd
  • 300 Adelaide Street
  • Level 7
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
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.