Buy Or Sell Opportunity • May 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to AU$0.20. The fair value is estimated to be AU$0.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 323% in the next year. Buy Or Sell Opportunity • Apr 21
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to AU$0.18. The fair value is estimated to be AU$0.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 323% in the next year. Buy Or Sell Opportunity • Mar 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to AU$0.18. The fair value is estimated to be AU$0.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 323% in the next year. Buy Or Sell Opportunity • Mar 06
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 67% to AU$0.20. The fair value is estimated to be AU$0.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 323% in the next year. New Risk • Feb 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (AU$55.0m market cap, or US$39.2m). Reported Earnings • Feb 28
First half 2026 earnings released: EPS: AU$0.006 (vs AU$0.003 in 1H 2025) First half 2026 results: EPS: AU$0.006 (up from AU$0.003 in 1H 2025). Revenue: AU$109.0m (down 8.3% from 1H 2025). Net income: AU$1.90m (up 106% from 1H 2025). Profit margin: 1.7% (up from 0.8% in 1H 2025). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 26
Mastermyne Group Limited Provides Earnings Guidance for Fiscal Year 2026 Mastermyne Group Limited provided earnings guidance for fiscal year 2026. For the period, the company expects revenue in the range $220 million to $230 million (fiscal year 2025: $214 million). Announcement • Feb 05
Mastermyne Group Limited to Report First Half, 2026 Results on Feb 25, 2026 Mastermyne Group Limited announced that they will report first half, 2026 results on Feb 25, 2026 Announcement • Sep 24
Mastermyne Group Limited, Annual General Meeting, Nov 20, 2025 Mastermyne Group Limited, Annual General Meeting, Nov 20, 2025. Reported Earnings • Aug 28
Full year 2025 earnings released: EPS: AU$0.005 (vs AU$0.07 in FY 2024) Full year 2025 results: EPS: AU$0.005 (down from AU$0.07 in FY 2024). Revenue: AU$214.3m (down 27% from FY 2024). Net income: AU$1.67m (down 92% from FY 2024). Profit margin: 0.8% (down from 7.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Jul 25
Mastermyne Group Limited to Report Fiscal Year 2025 Results on Aug 27, 2025 Mastermyne Group Limited announced that they will report fiscal year 2025 results on Aug 27, 2025 New Risk • Mar 05
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 6.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (AU$43.3m market cap, or US$27.1m). Announcement • Mar 04
Mastermyne Group Limited (ASX:MYE) announces an Equity Buyback for 827,728 shares, representing 0.27% for $0.12 million. Mastermyne Group Limited (ASX:MYE) announces a share repurchase program. Under the program, the company will repurchase up to 827,728 shares, representing 0.27% of its issued share capital, for $0.12 million. The share repurchase price will be $0.1420 per share. The purpose of the offer is reducing company’s share registry and other administrative costs associated with maintaining a large number of small shareholders. The shares acquired will be cancelled. The company has fixed February 27, 2025 as record date for offer. The offer will end on April 22, 2025. As of March 3, 2025, the company had 309,276,963 issued share capital. Announcement • Feb 24
Mastermyne Group Limited to Report First Half, 2025 Results on Feb 26, 2025 Mastermyne Group Limited announced that they will report first half, 2025 results on Feb 26, 2025 Announcement • Oct 14
Metarock Group Limited Announces Board Changes Metarock Group Limited announced that following successful completion of the divestment of PYBAR to Thiess as announced on 31 May 2024, and in line with the Metarock Board's focus on ensuring that the Company's operations and management team are appropriately sized and skilled to meet the ongoing operational requirements of the Company, Metarock advised that the role of Executive Chair has been made redundant. As such, the Company's current Executive Chair, Jon Romcke, will depart the Company and cease his role as director and Executive Chair of the Company. Peter Barker, an existing non-executive director of Metarock and Chair of the Audit and Risk Sub-Committee, will take on the role of Interim Chair of the Metarock Board going forwards. Announcement • Oct 01
Metarock Group Limited, Annual General Meeting, Nov 26, 2024 Metarock Group Limited, Annual General Meeting, Nov 26, 2024. New Risk • Sep 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (AU$55.2m market cap, or US$38.0m). New Risk • Sep 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (AU$55.2m market cap, or US$36.8m). Reported Earnings • Aug 31
Full year 2024 earnings released Full year 2024 results: Revenue: AU$298.8m (down 42% from FY 2023). Net income: AU$21.2m (up AU$95.2m from FY 2023). Profit margin: 7.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Announcement • Aug 27
Metarock Group Limited to Report Fiscal Year 2024 Results on Aug 30, 2024 Metarock Group Limited announced that they will report fiscal year 2024 results Pre-Market on Aug 30, 2024 Announcement • Mar 19
Thiess Pty Ltd entered into a binding share sale and purchase agreement to acquire Pybar Holdings Pty Limited from Metarock Group Limited (ASX:MYE). Thiess Pty Ltd entered into a binding share sale and purchase agreement to acquire Pybar Holdings Pty Limited from Metarock Group Limited (ASX:MYE) on March 18, 2024. Total headline consideration for the transaction is AUD 65 million on an enterprise value basis. Metarock estimates net cash proceeds from the transaction will be approximately AUD 36.3 million, after deducting PYBAR’s outstanding debt and estimated transaction costs. The final net proceeds are also subject to a customary net working capital adjustment at completion. Under the terms of the SPA, all PYBAR employees will transfer with the business, including the senior management team led by James Glover, PYBAR CEO. Post Transaction, Thiess will continue to operate the business under the PYBAR brand and intends to retain PYBAR employees in recognition of their integral and important role in the ongoing successful operations and Thiess’ planned investment in growing the underground hard rock contracting business going forward. Completion is subject to satisfaction or waiver of a number of conditions including a limited number of third party consents in respect of key customer contracts and leases, there being no material breach or termination of certain key customer contracts, and there being no workplace fatality of any PYBAR employee or contractor during the period before completion. Completion of the transaction is expected to occur on April 30, 2024. The cash proceeds from the sale will materially strengthen the balance sheet of Metarock and provide a platform for Thiess to capitalize on the significant growth pipeline across its remaining business units, Mastermyne, Wilson Mining and MyneSight. Grant Samuel Group Limited is acting as the financial advisor and Corrs Chambers Westgarth is acting as the legal advisor to Metarock Group Limited (ASX:MYE). Squire Patton Boggs is acting as the legal advisor to Thiess Pty Ltd. Announcement • Mar 01
Metarock Group Limited to Report First Half, 2024 Results on Feb 28, 2024 Metarock Group Limited announced that they will report first half, 2024 results on Feb 28, 2024 Announcement • Sep 19
Metarock Group Limited, Annual General Meeting, Nov 14, 2023 Metarock Group Limited, Annual General Meeting, Nov 14, 2023. Announcement • Sep 06
Metarock Group Limited Announces Management Changes Metarock Group Limited announced the following changes in its Board of Directors: Mr. Jon Romcke has been appointed as Executive Chair; Mr. Peter Barker, formerly an Advisor to the Board, has been appointed as a Non-Executive Director and Chair of the Audit and Risk Sub-Committee; Mr. Murray Smith will step down as Acting Chair but remain a Non-Executive Director (as nominee of M Resources); and Mr. Paul Rouse, Non-Executive Director has resigned from the Board. Jon Romcke brings an extensive mining sector pedigree to Metarock having commenced his working life in underground coal mine manager roles before stints with BHP, Xstrata, Glencore, Sphere Minerals, Anglo, Stanmore and most recently as CEO Allegiance Coal Limited” said Mr. Smith. Jon has prior experience as an executive director as Managing Director of Sphere Minerals, a then ASX listed Glencore subsidiary. Mr. Romcke will work in the business as Executive Chair with a focus on business development, operational excellence and safety. Peter Barker has an extensive history as a CFO for large ASX listed entities including Computershare and Cardno and was instrumental in the turnaround and ultimate sale of the latter. Mr. Barker currently serves as a Non-Executive Director for Workpac and brings extensive governance, finance and risk management skills to the Board. Mr. Barker will serve as Chair of the Company’s Audit and Risk Sub-Committee. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.49 loss per share (vs AU$0.10 loss in FY 2022) Full year 2023 results: AU$0.49 loss per share (further deteriorated from AU$0.10 loss in FY 2022). Revenue: AU$521.3m (up 15% from FY 2022). Net loss: AU$74.0m (loss widened 489% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Board Change • Jun 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD & Director Paul Green was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 20
New major risk - Revenue and earnings growth Earnings have declined by 62% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 62% per year over the past 5 years. Shareholders have been substantially diluted in the past year (130% increase in shares outstanding). Minor Risk Market cap is less than US$100m (AU$40.6m market cap, or US$27.6m). Announcement • May 23
Metarock Group Limited has completed a Follow-on Equity Offering in the amount of AUD 25 million. Metarock Group Limited has completed a Follow-on Equity Offering in the amount of AUD 25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 166,666,667
Price\Range: AUD 0.15
Transaction Features: Subsequent Direct Listing Announcement • Feb 20
Metarock Group Limited to Report First Half, 2023 Results on Feb 28, 2023 Metarock Group Limited announced that they will report first half, 2023 results on Feb 28, 2023 Announcement • Dec 02
Metarock Group Limited Announces Sojitz Gregory Crinum Mine Project Update Metarock Group Limited advised that subsequent to the termination of the Gregory Crinum contract by Metarock and claim for drift recovery and other costs, the Company has now lodged a Notice of Dispute with the Principal, a subsidiary of Sojitz Corporation, as provided for under the terms of the contract between Metarock and the Principal. The issuing of the Notice of Dispute followed correspondence received from the Principal rejecting the validity of Metarock's termination and associated claims. The Principal has also foreshadowed a claim against the Company for loss and damage. Metarock also advises the sale process for the plant and equipment previously intended for the Gregory Crinum project has progressed through the initial stage and preliminary offers have been received. Negotiations are ongoing with shortlisted parties. Major Estimate Revision • Nov 08
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 losses forecast to reduce from -AU$0.07 to -AU$0.05 per share. Revenue forecast unchanged from AU$565.0m at last update. Metals and Mining industry in Australia expected to see average net income decline 2.9% next year. Consensus price target of AU$1.40 unchanged from last update. Share price fell 2.6% to AU$0.19 over the past week. Announcement • Oct 04
Metarock Group Limited, Annual General Meeting, Nov 29, 2022 Metarock Group Limited, Annual General Meeting, Nov 29, 2022. Reported Earnings • Aug 31
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: AU$0.10 loss per share (down from AU$0.055 profit in FY 2021). Revenue: AU$455.9m (up 96% from FY 2021). Net loss: AU$12.6m (down 314% from profit in FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 59%. Over the next year, revenue is forecast to grow 57%, compared to a 91,060% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Aug 30
Metarock Group Limited Revises Earnings Guidance for the Fiscal Year 2023 Metarock Group Limited revised earnings guidance for the fiscal year 2023. Fiscal year 2023 revenue is forecast at $600 million to $650 million (revised down from previous guidance due to delayed ramp up of the Crinum project). Announcement • Aug 19
Metarock Group Limited to Report Q4, 2022 Results on Aug 30, 2022 Metarock Group Limited announced that they will report Q4, 2022 results Pre-Market on Aug 30, 2022 Announcement • Mar 28
Metarock Group Limited Announces Mastermyne Suspends Mining Operations at Moranbah North Mine Metarock Group Limited announced that a Mastermyne employee was fatally injured in an incident at the Moranbah North underground mine on March 25. The Company is providing the family of the employee with all the support and assistance possible. Support is also being provided to all Mastermyne staff and others impacted by the incident. Metarock Group subsidiary Mastermyne Pty Ltd. provides services to the mine which is owned and operated by Anglo American. The Company is working closely with the Mine Operator, Anglo American, and mining operations have been suspended until further notice. Mastermyne is undertaking an independent investigation into the facts surrounding the incident at the Moranbah North mine. Major Estimate Revision • Mar 09
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$311.1m to AU$461.8m. EPS expected loss of AU$0.06 per share, down from profit of AU$0.10 per share previously. Metals and Mining industry in Australia expected to see average net income growth of 41% next year. Consensus price target of AU$2.25 unchanged from last update. Share price rose 3.7% to AU$0.70 over the past week. Reported Earnings • Mar 03
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.032 loss per share (down from AU$0.018 profit in 1H 2021). Revenue: AU$178.7m (up 61% from 1H 2021). Net loss: AU$3.71m (down 291% from profit in 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 28%, compared to a 1,054% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Feb 25
Metarock Group Limited to Report First Half, 2022 Results on Feb 28, 2022 Metarock Group Limited announced that they will report first half, 2022 results on Feb 28, 2022 Board Change • Dec 31
High number of new directors Non-Executive Director Paul Rouse was the last director to join the board, commencing their role in 2021. Price Target Changed • Dec 15
Price target increased to AU$2.25 Up from AU$1.45, the current price target is provided by 1 analyst. New target price is 174% above last closing price of AU$0.82. Stock is up 16% over the past year. The company is forecast to post earnings per share of AU$0.095 for next year compared to AU$0.055 last year. Announcement • Sep 16
Mastermyne Group Limited Suspends Mining Operations At Crinum Mine Mastermyne Group Limited confirmed that a coal mine worker was fatally injured in an underground incident at Crinum mine, at approximately midnight on Tuesday 14th September. Employee's family has been notified of the incident and the Company is providing them with support and assistance. Counselling services have also been made available to all Mastermyne staff and others impacted by the incident. Another worker has been safely extracted from the mine and is being transported to hospital as a precaution. Relevant authorities have been notified and have commenced investigations into the cause of the incident. Mastermyne is providing its full cooperation with the investigations and mining operations have been suspended until further notice. Announcement • Sep 07
Mastermyne Group Limited (ASX:MYE) entered into an agreement to acquire Pybar Mining Services Pty Ltd from Paul Rouse, Brendan Rouse, Andrew Rouse for approximately AUD 47 million. Mastermyne Group Limited (ASX:MYE) entered into an agreement to acquire Pybar Mining Services Pty Ltd from Paul Rouse, Brendan Rouse, Andrew Rouse for approximately AUD 47 million on September 7, 2021. The transaction consideration implies an enterprise value of approximately AUD 99 million for PYBAR, and an expected equity purchase price of approximately AUD 47 million once debt items are considered. The consideration consist of cash of AUD 23.5 million, with AUD 11.75 million (50%) payable on completion of the transaction and the remaining AUD 11.75 million (50%) due on the 1st anniversary of the transaction completion and scrip consideration of approximately 23.2 million Mastermyne Group shares at an implied value of AUD 23.5 million issued at completion and
subject to escrow for 12 months. On completion the PYBAR vendors will become shareholders in Mastermyne owning approximately 23.2 million shares accounting for 17.7% of the register post completion (Paul Rouse 10.7%, Brendan Rouse 5.3% Andrew Rouse 1.7%). Paul Rouse Founder and current Executive Chairman of Pybar Mining Services will join the Mastermyne board as a Non-Executive Director. PYBAR will continue to operate as an independent business unit within the Mastermyne Group with the existing management team. Nucanopi Pty Ltd as trustee of The Rouse Family Trust and Brencon Pty Ltd as trustee of The Brendan Rouse Family Trust acting as a seller and ALAR Investments (NSW) Pty Ltd as trustee of the ALAR Family Trust. At the request of the Sellers, a portion of the scrip consideration (comprising 2,204,886 ordinary shares in Mastermyne) will be issued to ALAR, to be held in voluntary escrow for 12 months. The deferred consideration will be subject to agreed adjustments for working capital and specified debt. ALAR will provide a guarantee the Sellers' obligations under the SPA. The acquisition implies an enterprise value / FY21 EBITDA multiple of approximately 3.5x pre-synergies and an enterprise value / FY22F EBITDA multiple of approximately 3.0x pre-synergies. As part of this transaction Mastermyne Group Limited proposes a name change for the holding Group from Mastermyne Group Limited to Metarock Group Limited which is subject to completion of the transaction and shareholder approval for the required resolutions. The transaction is subjected to Mastermyne shareholder approval being obtained at the extraordinary general meeting and any other approvals under the ASX Listing Rules, including any shareholder resolutions required for the allotment and issue of the Mastermyne shares to the Sellers and ALAR, obtaining counterparty consents under certain material client and financing contracts, restructure of the Pybar Group, pursuant to agreed restructure steps, to remove non-core subsidiaries and completion of the Pybar Group's FY21 statutory audit and confirmation that the adjusted FY21 EBITDA of the Pybar Group remains at least AUD 26.6 million. Completion is scheduled for November 2021 but is expected to complete during Q4 2021. Wilsons Corporate Finance Limited is acting as financial adviser and Clayton Utz is acting as legal adviser to Mastermyne Group Limited. Maddocks is acting as legal adviser and ICA Partners is acting as Financial Advisor to PYBAR. PYBAR Acquisition expected to be EPS accretive for existing Mastermyne shareholders, with 21% EPS accretion on a pro forma FY22F basis, prior to any synergies. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 23% share price gain to AU$1.16, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Metals and Mining industry in Australia. Total returns to shareholders of 2.2% over the past three years. Announcement • Aug 20
Mastermyne Group Limited Provides Earnings Guidance for the Year 2022 Mastermyne Group Limited provided earnings guidance for the year 2022. For the year, the company expects revenue to be in the range of $300 million to $320 million. EBIT is expected to be in the range of $14 million to $16 million. The company is well positioned to deliver strong earnings growth in the fiscal 2022 which will most likely be surpassed in the fiscal 2023. Reported Earnings • Feb 19
First half 2021 earnings released: EPS AU$0.018 (vs AU$0.041 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$111.5m (down 18% from 1H 2020). Net income: AU$1.94m (down 54% from 1H 2020). Profit margin: 1.7% (down from 3.1% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 12
New 90-day high: AU$0.81 The company is up 2.0% from its price of AU$0.80 on 13 November 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period. Is New 90 Day High Low • Dec 10
New 90-day low: AU$0.68 The company is down 22% from its price of AU$0.88 on 11 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 09
New 90-day low: AU$0.73 The company is down 2.0% from its price of AU$0.74 on 11 August 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 7.0% over the same period. 
