MRG Metals Ltd, together with its subsidiaries, explores for and develops mineral properties.
+ 2 more risks
Adequate balance sheet with weak fundamentals.
Share Price & News
How has MRG Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRQ's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: MRQ exceeded the Australian Metals and Mining industry which returned 7.9% over the past year.
Return vs Market: MRQ exceeded the Australian Market which returned 16.1% over the past year.
Price Volatility Vs. Market
How volatile is MRG Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Kind Of Shareholders Own MRG Metals Ltd (ASX:MRQ)?
4 months ago | Simply Wall StIs MRG Metals (ASX:MRQ) In A Good Position To Invest In Growth?
8 months ago | Simply Wall StThe MRG Metals (ASX:MRQ) Share Price Is Down 93% So Some Shareholders Are Rather Upset
Is MRG Metals 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 MRQ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MRQ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MRQ is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MRQ 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 MRQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MRQ is overvalued based on its PB Ratio (4.2x) compared to the AU Metals and Mining industry average (1.4x).
How is MRG Metals 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 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 SimplyWall St do have past financial data.
- 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.
- MRG Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has MRG Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRQ is currently unprofitable.
Growing Profit Margin: MRQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MRQ is unprofitable, but has reduced losses over the past 5 years at a rate of 23.5% per year.
Accelerating Growth: Unable to compare MRQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MRQ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (19.1%).
Return on Equity
High ROE: MRQ has a negative Return on Equity (-227.96%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is MRG Metals's financial position?
Financial Position Analysis
Short Term Liabilities: MRQ's short term assets (A$1.0M) exceed its short term liabilities (A$114.5K).
Long Term Liabilities: MRQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MRQ is debt free.
Reducing Debt: MRQ has not had any debt for past 5 years.
Inventory Level: MRQ has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MRQ's debt is covered by short term assets.
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: MRQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MRQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 9% each year.
What is MRG Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MRQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MRQ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MRQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MRQ'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 MRQ'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 board tenure
MRG Metals has no CEO, or we have no data on them.
|CFO, Company Secretary & Independent Non-Executive Director||9.1yrs||AU$121.66k||1.69% A$179.2k|
|Independent Non Executive Chairman||6.3yrs||AU$116.91k||2.65% A$280.7k|
|Independent Non-Executive Director||6.5yrs||AU$126.91k||5.38% A$568.9k|
Experienced Board: MRQ's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MRQ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 52.5%.
MRG Metals Ltd's company bio, employee growth, exchange listings and data sources
- Name: MRG Metals Ltd
- Ticker: MRQ
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$10.582m
- Shares outstanding: 1.06b
- Website: https://www.mrgmetals.com.au
- MRG Metals Ltd
- 12 Anderson Street West
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MRQ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jun 2011|
|MRQ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jun 2011|
MRG Metals Ltd, together with its subsidiaries, explores for and develops mineral properties. The company explores for gold, base metals, heavy mineral sands, and other commodities in Australia, Sweden and Mozambique. It holds interest in Mozambique HMS project comprising the Corridor Project, which covers 387 km2; the Linhuane Project that consists of 113 km2; and the Marao/Marruca Project, which covers 491 km2. The company was incorporated in 2011 and is based in Ballarat, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 10:36|
|End of Day Share Price||2020/02/14 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.