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MZZ

Matador MiningASX:MZZ Stock Report

Market Cap

AU$85.1m

7D

9.2%

1Y

-3.5%

Updated

18 Oct, 2021

Data

Company Financials +
MZZ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MZZ Overview

Matador Mining Limited engages in the mining and mineral exploration activities.

Price History & Performance

Summary of all time highs, changes and price drops for Matador Mining
Historical stock prices
Current Share PriceAU$0.41
52 Week HighAU$0.28
52 Week LowAU$0.58
Beta1.47
1 Month Change13.70%
3 Month Change3.75%
1 Year Change-3.49%
3 Year Change38.33%
5 Year Changen/a
Change since IPO59.61%

Recent News & Updates

Jun 01
Calculating The Intrinsic Value Of Matador Mining Limited (ASX:MZZ)

Calculating The Intrinsic Value Of Matador Mining Limited (ASX:MZZ)

How far off is Matador Mining Limited ( ASX:MZZ ) from its intrinsic value? Using the most recent financial data, we'll...

Shareholder Returns

MZZAU Metals and MiningAU Market
7D9.2%4.3%0.9%
1Y-3.5%12.2%20.2%

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

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

Price Volatility

Is MZZ's price volatile compared to industry and market?
MZZ volatility
MZZ Beta1.47
Industry Beta0.97
Market Beta1

Stable Share Price: MZZ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MZZ's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/an/ahttps://www.matadormining.com.au

Matador Mining Limited engages in the mining and mineral exploration activities. The company primarily explores for gold deposits. It holds 100% interests in the Cape Ray gold project and the Hermitage project located in Newfoundland, Canada.

Matador Mining Fundamentals Summary

How do Matador Mining's earnings and revenue compare to its market cap?
MZZ fundamental statistics
Market CapAU$85.11m
Earnings (TTM)-AU$3.62m
Revenue (TTM)n/a

0x

P/S Ratio

-24.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MZZ income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$3.62m
Earnings-AU$3.62m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did MZZ perform over the long term?

See historical performance and comparison

Valuation

Is Matador Mining undervalued compared to its fair value and its price relative to the market?

42.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MZZ (A$0.42) is trading below our estimate of fair value (A$0.73)

Significantly Below Fair Value: MZZ is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MZZ is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Matador Mining forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

61.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MZZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: MZZ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MZZ's is expected to become profitable in the next 3 years.

Revenue vs Market: MZZ is forecast to have no revenue next year.

High Growth Revenue: MZZ is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MZZ's Return on Equity is forecast to be very high in 3 years time (57.5%).


Past Performance

How has Matador Mining performed over the past 5 years?

-31.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MZZ is currently unprofitable.

Growing Profit Margin: MZZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MZZ is unprofitable, and losses have increased over the past 5 years at a rate of 31.4% per year.

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

Earnings vs Industry: MZZ 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: MZZ has a negative Return on Equity (-8.56%), as it is currently unprofitable.


Financial Health

How is Matador Mining's financial position?


Financial Position Analysis

Short Term Liabilities: MZZ's short term assets (A$23.0M) exceed its short term liabilities (A$6.2M).

Long Term Liabilities: MZZ's short term assets (A$23.0M) exceed its long term liabilities (A$539.6K).


Debt to Equity History and Analysis

Debt Level: MZZ is debt free.

Reducing Debt: MZZ 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: MZZ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MZZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.8% each year


Dividend

What is Matador Mining current dividend yield, its reliability and sustainability?

9.64%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MZZ'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 MZZ'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

Matador Mining has no CEO, or we have no data on them.


Leadership Team

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


Board Members

Experienced Board: MZZ's board of directors are not considered experienced ( 1.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.1%.


Top Shareholders

Company Information

Matador Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Matador Mining Limited
  • Ticker: MZZ
  • Exchange: ASX
  • Founded: 2016
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$85.110m
  • Shares outstanding: 214.11m
  • Website: https://www.matadormining.com.au

Location

  • Matador Mining Limited
  • Emerald House
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 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.