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MRG Metals

ASX:MRQ
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MRQ
ASX
A$4M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

MRG Metals Ltd, together with its subsidiaries, explores for and develops mineral properties in Australia and Sweden. The last earnings update was 128 days ago. More info.


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MRQ Share Price and Events
7 Day Returns
0%
ASX:MRQ
1.6%
AU Metals and Mining
0%
AU Market
1 Year Returns
-37.5%
ASX:MRQ
19%
AU Metals and Mining
4.8%
AU Market
MRQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MRG Metals (MRQ) 0% -16.7% 25% -37.5% -87.5% -95.5%
AU Metals and Mining 1.6% 2.8% 9.6% 19% 76.1% 16.9%
AU Market 0% 0.9% 6.8% 4.8% 20.1% 12.2%
1 Year Return vs Industry and Market
  • MRQ underperformed the Metals and Mining industry which returned 19% over the past year.
  • MRQ underperformed the Market in Australia which returned 4.8% over the past year.
Price Volatility
MRQ
Industry
5yr Volatility vs Market

MRQ Value

 Is MRG Metals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for MRG Metals. This is due to cash flow or dividend data being unavailable. The share price is A$0.005.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MRG Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MRG Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:MRQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:MRQ Share Price ** ASX (2019-07-19) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.03x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MRG Metals.

ASX:MRQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:MRQ Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-1.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MRG Metals is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • MRG Metals is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does MRG Metals's expected growth come at a high price?
Raw Data
ASX:MRQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.71x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MRG Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MRG Metals's assets?
Raw Data
ASX:MRQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:MRQ Share Price * ASX (2019-07-19) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 591 Publicly-Listed Metals and Mining Companies 1.52x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:MRQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:MRQ Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.00

1.04x

* Primary Listing of MRG Metals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MRG Metals is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess MRG Metals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. MRG Metals has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MRQ Future Performance

 How is MRG Metals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 MRG Metals 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.9%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MRG Metals expected to grow at an attractive rate?
  • Unable to compare MRG Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare MRG Metals's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare MRG Metals's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:MRQ Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:MRQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:MRQ Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -3
2018-09-30 0 0 -2
2018-06-30 0 0 -1
2018-03-31 0 0 -1
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -2
2016-09-30 0 -1 -2
2016-06-30 0 -1 -2
2016-03-31 0 -1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if MRG Metals is high growth as no earnings estimate data is available.
  • Unable to determine if MRG Metals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:MRQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from MRG Metals Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MRQ Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if MRG Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine MRG Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. MRG Metals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. MRG Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess MRG Metals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MRG Metals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MRQ Past Performance

  How has MRG Metals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MRG Metals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MRG Metals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare MRG Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MRG Metals's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
MRG Metals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MRG Metals Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MRQ Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.02 -2.70 0.78
2018-09-30 0.02 -1.80 0.74
2018-06-30 0.01 -0.89 0.70
2018-03-31 0.02 -0.57 0.58
2017-12-31 0.04 -0.25 0.48
2017-09-30 0.04 -0.42 0.64
2017-06-30 0.04 -0.59 0.80
2017-03-31 0.02 -1.41 0.81
2016-12-31 0.00 -2.22 0.82
2016-09-30 0.02 -2.12 0.74
2016-06-30 0.03 -2.02 0.66
2016-03-31 0.03 -3.30 1.04 0.31
2015-12-31 0.04 -4.58 1.42 0.61
2015-09-30 0.03 -4.52 1.44 0.31
2015-06-30 0.02 -4.45 1.46
2015-03-31 0.06 -4.36 2.71 -0.31
2014-12-31 0.09 -4.27 3.96 -0.61
2014-09-30 0.11 -4.75 4.15 -0.31
2014-06-30 0.13 -5.24 4.34
2014-03-31 0.13 -3.67 3.03
2013-12-31 0.13 -2.10 1.71
2013-09-30 0.16 -1.58 1.48
2013-06-30 0.18 -1.07 1.25
2013-03-31 0.21 -0.91 1.16
2012-12-31 0.24 -0.74 1.07
2012-09-30 0.27 -0.75 1.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MRG Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if MRG Metals has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MRG Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MRG Metals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MRG Metals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MRQ Health

 How is MRG Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MRG Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MRG Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MRG Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MRG Metals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • MRG Metals has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MRG Metals Company Filings, last reported 6 months ago.

ASX:MRQ Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.21 0.00 1.28
2018-09-30 3.21 0.00 1.28
2018-06-30 5.31 0.00 1.72
2018-03-31 5.31 0.00 1.72
2017-12-31 4.34 0.00 0.82
2017-09-30 4.34 0.00 0.82
2017-06-30 4.23 0.00 0.58
2017-03-31 4.23 0.00 0.58
2016-12-31 4.41 0.00 0.91
2016-09-30 4.41 0.00 0.91
2016-06-30 2.63 0.00 0.07
2016-03-31 2.63 0.00 0.07
2015-12-31 4.75 0.00 0.15
2015-09-30 4.75 0.00 0.15
2015-06-30 4.52 0.00 0.41
2015-03-31 4.52 0.00 0.41
2014-12-31 8.66 0.00 0.28
2014-09-30 8.66 0.00 0.28
2014-06-30 8.98 0.00 1.24
2014-03-31 8.98 0.00 1.24
2013-12-31 12.50 0.00 2.07
2013-09-30 12.50 0.00 2.07
2013-06-30 13.78 0.00 3.11
2013-03-31 13.78 0.00 3.11
2012-12-31 6.05 0.00 3.74
2012-09-30 6.05 0.00 3.74
  • MRG Metals has no debt.
  • MRG Metals has not taken on any debt in 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.

  • MRG Metals has sufficient cash runway for 1.2 years based on current free cash flow.
  • MRG Metals has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -6.5% each year.
X
Financial health checks
We assess MRG Metals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MRG Metals has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MRQ Dividends

 What is MRG Metals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MRG Metals dividends.
If you bought A$2,000 of MRG Metals shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MRG Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MRG Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:MRQ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MRG Metals has not reported any payouts.
  • Unable to verify if MRG Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MRG Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MRG Metals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MRG Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MRG Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MRG Metals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MRQ Management

 What is the CEO of MRG Metals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • MRG Metals has no CEO, or we have no data on them.
Management Team

Shane Turner

TITLE
CFO, Company Secretary & Director
COMPENSATION
A$122K

Keith Weston

TITLE
Chief Geologist
COMPENSATION
A$7K
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure of the MRG Metals board of directors in years:

5.9
Average Tenure
  • The tenure for the MRG Metals board of directors is about average.
Board of Directors

Andrew Van Der Zwan

TITLE
Non Executive Chairman
COMPENSATION
A$117K
TENURE
5.8 yrs

Shane Turner

TITLE
CFO, Company Secretary & Director
COMPENSATION
A$122K
TENURE
8.5 yrs

Chris Gregory

TITLE
Non-Executive Director
COMPENSATION
A$127K
TENURE
5.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess MRG Metals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MRG Metals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MRQ News

Simply Wall St News

The MRG Metals (ASX:MRQ) Share Price Is Down 93% So Some Shareholders Are Rather Upset

See our latest analysis for MRG Metals With just AU$18,825 worth of revenue in twelve months, we don't think the market considers MRG Metals to have proven its business plan. … With the share price down 40% per year, over 5 years, it seems likely that the need for cash is weighing on investors' minds. … MRG Metals hasn't been paying dividends, but its TSR of -88% exceeds its share price return of -93%, implying it has either spun-off a business, or raised capital at a discount; thereby providing additional value to shareholders.

Simply Wall St -

What Kind Of Investor Owns Most Of MRG Metals Ltd (ASX:MRQ)?

The big shareholder groups in MRG Metals Ltd (ASX:MRQ) have power over the company. … Taking a look at our data on the ownership groups (below), it's seems that institutional investors have not yet purchased shares. … Private Company Ownership We can see that Private Companies own 6.4%, of the shares on issue.

Simply Wall St -

Introducing MRG Metals, The Stock That Collapsed 96%

Anyone who held MRG Metals Ltd (ASX:MRQ) for five years would be nursing their metaphorical wounds since the share price dropped 96% in that time. … We also note that the stock has performed poorly over the last year, with the share price down 29%. … With the share price down 48% per year, over 5 years, it seems likely that the need for cash is weighing on investors' minds.

Simply Wall St -

Is MRG Metals Ltd's (ASX:MRQ) Balance Sheet Strong Enough To Weather A Storm?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does MRQ's growth rate justify its decision for financial flexibility over lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

Simply Wall St -

Could The MRG Metals Ltd (ASX:MRQ) Ownership Structure Tell Us Something Useful?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … MRG Metals is a smaller company with a market capitalization of AU$2.7m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

One Thing To Consider Before Buying MRG Metals Ltd (ASX:MRQ)

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Does MRG Metals Ltd (ASX:MRQ) Fall With The Market?

If you are looking to invest in MRG Metals Ltd’s (ASX:MRQ), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … However, this is the opposite to what MRQ’s actual beta value suggests, which is lower stock volatility relative to the market.

Simply Wall St -

Does MRG Metals Ltd's (ASX:MRQ) Earnings Growth Make It An Outperformer?

In this article, I will take a look at MRG Metals Ltd's (ASX:MRQ) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the past few years, along with how the rest of MRQ's industry performed. … I prefer to use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … Eyeballing growth from a sector-level, the Australian metals and mining industry has been growing its average earnings by double-digit 20.13% over the previous year, and 13.22% over the last five years.

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Who Really Owns MRG Metals Ltd (ASX:MRQ)?

Today, I will be analyzing MRG Metals Ltd’s (ASX:MRQ) recent ownership structure, an important but not-so-popular subject among individual investors. … Insider Ownership Another important group of shareholders are company insiders. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: With a low level of institutional ownership, investors in MRQ need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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MRG Metals Ltd (ASX:MRQ): What Does It Mean For Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … MRQ's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … However, this is the opposite to what MRQ’s actual beta value suggests, which is lower stock volatility relative to the market.

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MRQ Company Info

Description

MRG Metals Ltd, together with its subsidiaries, explores for and develops mineral properties in Australia and Sweden. The company explores for gold, silver, zinc, copper, lead, nickel, iron oxide, copper, and base metal deposits. It holds interest in projects located in Western Australia and Western Queensland, as well as the Norrliden project in Sweden. The company was incorporated in 2011 and is based in Ballarat, Australia.

Details
Name: MRG Metals Ltd
MRQ
Exchange: ASX
Founded: 2011
A$3,785,848
757,169,639
Website: http://www.mrgmetals.com.au
Address: MRG Metals Ltd
12 Anderson Street West,
Ballarat,
Victoria, 3350,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MRQ Ordinary Shares Australian Securities Exchange AU AUD 08. Jun 2011
CHIA MRQ Ordinary Shares Chi-X Australia AU AUD 08. Jun 2011
Number of employees
Current staff
Staff numbers
0
MRG Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 10:38
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.