company background image
MXR

Maximus ResourcesASX:MXR Stock Report

Market Cap

AU$12.6m

7D

-5.7%

1Y

-51.8%

Updated

16 Oct, 2021

Data

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

MXR Overview

Maximus Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Maximus Resources
Historical stock prices
Current Share PriceAU$0.082
52 Week HighAU$0.066
52 Week LowAU$0.20
Beta1.51
1 Month Change-28.70%
3 Month Change12.33%
1 Year Change-51.77%
3 Year Change-28.69%
5 Year Change-64.35%
Change since IPO-99.52%

Recent News & Updates

Shareholder Returns

MXRAU Metals and MiningAU Market
7D-5.7%4.3%0.9%
1Y-51.8%12.2%20.2%

Return vs Industry: MXR underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: MXR underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is MXR's price volatile compared to industry and market?
MXR volatility
MXR Beta1.51
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2004n/aTim Witherhttps://www.maximusresources.com

Maximus Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. It primarily explores for gold, copper, and nickel element deposits. The company holds an interest in the Spargoville project located 25kms from the Kambalda, Western Australia.

Maximus Resources Fundamentals Summary

How do Maximus Resources's earnings and revenue compare to its market cap?
MXR fundamental statistics
Market CapAU$12.58m
Earnings (TTM)-AU$1.02m
Revenue (TTM)n/a

0x

P/S Ratio

-12.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MXR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.02m
Earnings-AU$1.02m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0067
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did MXR perform over the long term?

See historical performance and comparison

Valuation

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

1.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MXR is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.2%

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 Maximus 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 Maximus Resources performed over the past 5 years?

32.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MXR is currently unprofitable.

Growing Profit Margin: MXR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MXR is unprofitable, but has reduced losses over the past 5 years at a rate of 32% per year.

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

Earnings vs Industry: MXR 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: MXR has a negative Return on Equity (-14.55%), as it is currently unprofitable.


Financial Health

How is Maximus Resources's financial position?


Financial Position Analysis

Short Term Liabilities: MXR's short term assets (A$1.5M) exceed its short term liabilities (A$608.9K).

Long Term Liabilities: MXR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MXR is debt free.

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

Forecast Cash Runway: MXR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.9% each year


Dividend

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


Dividend Yield vs Market

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

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

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

1.2yrs

Average management tenure


CEO

Tim Wither

1.17yrs

Tenure

AU$437,373

Compensation

Mr. Timothy James Wither, also known as Tim, MBA, BSc, GDip (Mining), GradDipNatRs, GIACD, MAusIMM serves as Managing Director and Director of Maximus Resources Limited since August 10, 2020. Mr. Wither se...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD324.63K) is about average for companies of similar size in the Australian market ($USD302.45K).

Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.


Leadership Team

Experienced Management: MXR's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: MXR's board of directors are not considered experienced ( 1.7 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: MXR 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 substantially diluted in the past year, with total shares outstanding growing by 74.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Maximus Resources Limited
  • Ticker: MXR
  • Exchange: ASX
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$12.579m
  • Shares outstanding: 153.40m
  • Website: https://www.maximusresources.com

Location

  • Maximus Resources Limited
  • 198 Greenhill Road
  • Suite 12
  • Eastwood
  • South Australia
  • 5063
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/15 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.