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MTH

Mithril ResourcesASX:MTH Stock Report

Market Cap

AU$38.7m

7D

0%

1Y

-51.6%

Updated

21 Oct, 2021

Data

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

MTH Overview

Mithril Resources Limited engages in the exploration and development of mineral properties in Mexico and Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Mithril Resources
Historical stock prices
Current Share PriceAU$0.015
52 Week HighAU$0.012
52 Week LowAU$0.043
Beta2.23
1 Month Change0%
3 Month Change-21.05%
1 Year Change-51.61%
3 Year Change114.29%
5 Year Change-70.00%
Change since IPO-99.29%

Recent News & Updates

Shareholder Returns

MTHAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Y-51.6%12.5%21.4%

Return vs Industry: MTH underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: MTH underperformed the Australian Market which returned 21.1% over the past year.

Price Volatility

Is MTH's price volatile compared to industry and market?
MTH volatility
MTH Beta2.23
Industry Beta0.97
Market Beta1

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

Volatility Over Time: MTH's weekly volatility has decreased from 15% to 9% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/aJohn Skeethttps://www.mithrilresources.com.au

Mithril Resources Limited engages in the exploration and development of mineral properties in Mexico and Australia. The company explores for gold, silver, zinc, and nickel deposits. It primarily holds interest in the Copalquin Gold Silver project covering an area of 70 square kilometres located in the Durango State, Mexico.

Mithril Resources Fundamentals Summary

How do Mithril Resources's earnings and revenue compare to its market cap?
MTH fundamental statistics
Market CapAU$38.70m
Earnings (TTM)-AU$1.69m
Revenue (TTM)n/a

0x

P/S Ratio

-23.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTH income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.69m
Earnings-AU$1.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00065
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did MTH perform over the long term?

See historical performance and comparison

Valuation

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

1.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MTH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MTH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MTH is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: MTH 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 MTH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MTH is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Mithril 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 Mithril Resources performed over the past 5 years?

-10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTH is currently unprofitable.

Growing Profit Margin: MTH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MTH is unprofitable, and losses have increased over the past 5 years at a rate of 10% per year.

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

Earnings vs Industry: MTH 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: MTH has a negative Return on Equity (-8.06%), as it is currently unprofitable.


Financial Health

How is Mithril Resources's financial position?


Financial Position Analysis

Short Term Liabilities: MTH's short term assets (A$3.7M) exceed its short term liabilities (A$822.0K).

Long Term Liabilities: MTH has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MTH is debt free.

Reducing Debt: MTH has not had any debt for past 5 years.


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: MTH has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MTH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.4% each year


Dividend

What is Mithril Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MTH'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 MTH'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?

1.3yrs

Average management tenure


CEO

John Skeet

1.33yrs

Tenure

AU$180,000

Compensation

Mr. John S. Skeet, BAppSc, Metallurgist & F. AusIMM, has been Chief Executive Officer at Mithril Resources Limited since June 09, 2020. Mr. Skeet serves as Managing Director and Director of Mithril Resourc...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD134.80K) is below average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MTH's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: MTH's board of directors are not considered experienced ( 1.2 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: MTH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

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

Mithril Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mithril Resources Limited
  • Ticker: MTH
  • Exchange: ASX
  • Founded: 2002
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$38.703m
  • Shares outstanding: 2.58b
  • Website: https://www.mithrilresources.com.au

Location

  • Mithril Resources Limited
  • 480 Collins Street
  • Level 2
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:07
End of Day Share Price2021/10/21 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.