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MTC

MetalsTech ASX:MTC Stock Report

Last Price

AU$0.41

Market Cap

AU$67.3m

7D

-3.6%

1Y

-38.6%

Updated

30 Sep, 2022

Data

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

MTC Stock Overview

MetalsTech Limited operates as a gold exploration company in the United Kingdom, Australia, and Slovakia.

MetalsTech Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MetalsTech
Historical stock prices
Current Share PriceAU$0.41
52 Week HighAU$0.80
52 Week LowAU$0.18
Beta2
1 Month Change44.64%
3 Month Change15.71%
1 Year Change-38.64%
3 Year Change2,282.35%
5 Year Change252.17%
Change since IPO50.00%

Recent News & Updates

Shareholder Returns

MTCAU Metals and MiningAU Market
7D-3.6%-1.7%-0.5%
1Y-38.6%3.5%-9.7%

Return vs Industry: MTC underperformed the Australian Metals and Mining industry which returned 3.5% over the past year.

Return vs Market: MTC underperformed the Australian Market which returned -9.7% over the past year.

Price Volatility

Is MTC's price volatile compared to industry and market?
MTC volatility
MTC Average Weekly Movement9.4%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.5%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market4.2%

Stable Share Price: MTC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MTC's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/an/ahttps://www.metalstech.net

MetalsTech Limited operates as a gold exploration company in the United Kingdom, Australia, and Slovakia. The company also explores for silver deposits. Its flagship property is the Sturec Gold Project located in central Slovakia.

MetalsTech Fundamentals Summary

How do MetalsTech's earnings and revenue compare to its market cap?
MTC fundamental statistics
Market CapAU$67.26m
Earnings (TTM)-AU$4.20m
Revenue (TTM)n/a

0.0x

P/S Ratio

-16.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTC income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$4.20m
Earnings-AU$4.20m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.025
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did MTC perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MTC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MTC?

Other financial metrics that can be useful for relative valuation.

MTC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-20x
PEG Ration/a

Price to Book Ratio vs Peers

How does MTC's PB Ratio compare to its peers?

MTC PB Ratio vs Peers
The above table shows the PB ratio for MTC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average3.3x
LIT Lithium Australia
5.8xn/aAU$68.3m
WIN Widgie Nickel
1.8xn/aAU$58.8m
GGG Greenland Minerals
2.4xn/aAU$67.8m
GSR Greenstone Resources
3.2xn/aAU$68.5m
MTC MetalsTech
10.8xn/aAU$71.4m

Price-To-Book vs Peers: MTC is expensive based on its Price-To-Book Ratio (10.8x) compared to the peer average (3.6x).


Price to Earnings Ratio vs Industry

How does MTC's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Book vs Industry: MTC is expensive based on its Price-To-Book Ratio (10.8x) compared to the Australian Metals and Mining industry average (1.8x)


Price to Book Ratio vs Fair Ratio

What is MTC's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MTC PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio10.8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate MTC's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MTC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MTC (A$0.41) is trading above our estimate of fair value (A$0.02)

Significantly Below Fair Value: MTC is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is MetalsTech 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


-5.5%

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 MetalsTech 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.


Discover growth companies

  • Examine MetalsTech'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.
  • MetalsTech competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has MetalsTech 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


-11.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MTC is currently unprofitable.

Growing Profit Margin: MTC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MTC is unprofitable, and losses have increased over the past 5 years at a rate of 11.4% per year.

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

Earnings vs Industry: MTC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.7%).


Return on Equity

High ROE: MTC has a negative Return on Equity (-67.79%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is MetalsTech'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: MTC's short term assets (A$2.2M) exceed its short term liabilities (A$1.0M).

Long Term Liabilities: MTC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MTC is debt free.

Reducing Debt: MTC had no debt 5 years ago.


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: Whilst unprofitable MTC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MTC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24% per year.


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Dividend

What is MetalsTech 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

  • Cash Flow Coverage

Dividend Yield vs Market

MetalsTech Dividend Yield vs Market
How does MetalsTech dividend yield compare to the market?
SegmentDividend Yield
Company (MetalsTech)n/a
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)7.2%
Industry Average (Metals and Mining)10.3%
Analyst forecast in 3 Years (MetalsTech)n/a

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

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

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


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Management

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

2.3yrs

Average board tenure


CEO

MetalsTech has no CEO, or we have no data on them.


Board Members

Experienced Board: MTC's board of directors are not considered experienced ( 2.3 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

What is the ownership structure of MTC?
Owner TypeNumber of SharesOwnership Percentage
Public Companies5,882,3523.5%
Private Companies37,201,31822.4%
Individual Insiders39,505,12723.8%
General Public83,475,79350.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 21 shareholders own 49.73% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.36%
Natres Services Pty Ltd
18,867,985A$7.6m0%no data
9.03%
Lithium Royalty Corp.
15,000,000A$6.1m0%no data
7.22%
Rachel D'Anna
11,991,000A$4.9m0%no data
6.02%
Kenneth Hall
10,000,000A$4.1m0%no data
3.62%
Russell Moran
6,010,000A$2.4m0%no data
3.54%
Chifeng Jilong Gold Mining Co.,Ltd.
5,882,352A$2.4m0%no data
2.86%
Gino D’Anna
4,750,940A$1.9m0%no data
1.2%
Geosmart Consulting Pty Limited
2,000,000A$810.0k0%no data
1.05%
Darko Pozder
1,743,738A$706.2k0%no data
0.8%
Guron Pty Ltd
1,333,333A$540.0k0%no data
0.42%
Grant Reynolds
700,000A$283.5k0%no data
0.41%
Quinton Hills
675,000A$273.4k0%no data
0.41%
Glenn Griesbach
675,000A$273.4k0%no data
0.3%
Anthony Connolly
500,000A$202.5k0%no data
0.3%
Julie Connolly
500,000A$202.5k0%no data
0.28%
John Loosemore
458,319A$185.6k0%no data
0.28%
Susan Loosemore
458,318A$185.6k0%no data
0.22%
Mirjana Zivkov
370,000A$149.9k0%no data
0.22%
Mick Zivkov
370,000A$149.9k0%no data
0.15%
Candice Stevenson
252,812A$102.4k0%no data
0.03%
Qingtao Zeng
50,000A$20.3k0%no data

Company Information

MetalsTech Limited's employee growth, exchange listings and data sources


Key Information

  • Name: MetalsTech Limited
  • Ticker: MTC
  • Exchange: ASX
  • Founded: 2016
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$67.256m
  • Shares outstanding: 166.06m
  • Website: https://www.metalstech.net

Location

  • MetalsTech Limited
  • Unit 1, 44 Denis Street
  • Ground Floor
  • Subiaco
  • Western Australia
  • 6008
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 2017
MT1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2017
MTCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 2017

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.