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NCZ

New Century Resources ASX:NCZ Stock Report

Last Price

AU$2.20

Market Cap

AU$288.2m

7D

5.3%

1Y

-20.7%

Updated

29 May, 2022

Data

Company Financials
NCZ fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

NCZ Stock Overview

New Century Resources Limited engages in the exploration and development of mineral properties in Australia.

New Century Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New Century Resources
Historical stock prices
Current Share PriceAU$2.20
52 Week HighAU$3.67
52 Week LowAU$1.83
Beta2.61
1 Month Change-3.51%
3 Month Change19.56%
1 Year Change-20.72%
3 Year Change-78.90%
5 Year Changen/a
Change since IPO-63.33%

Recent News & Updates

Dec 06
New Century Resources (ASX:NCZ) Has A Somewhat Strained Balance Sheet

New Century Resources (ASX:NCZ) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

NCZAU Metals and MiningAU Market
7D5.3%-3.8%-1.3%
1Y-20.7%-0.2%-2.0%

Return vs Industry: NCZ underperformed the Australian Metals and Mining industry which returned -0.2% over the past year.

Return vs Market: NCZ underperformed the Australian Market which returned -2% over the past year.

Price Volatility

Is NCZ's price volatile compared to industry and market?
NCZ volatility
NCZ Average Weekly Movement8.9%
Metals and Mining Industry Average Movement10.9%
Market Average Movement9.3%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market4.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
2010n/aPatrick Christopher Waltahttps://www.newcenturyresources.com

New Century Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for zinc and lead deposits. It primarily holds interest in the Century mine located to the north-west of Mount Isa in the Lower Gulf of Carpentaria.

New Century Resources Fundamentals Summary

How do New Century Resources's earnings and revenue compare to its market cap?
NCZ fundamental statistics
Market CapAU$288.18m
Earnings (TTM)-AU$6.95m
Revenue (TTM)AU$333.07m

0.9x

P/S Ratio

-41.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NCZ income statement (TTM)
RevenueAU$333.07m
Cost of RevenueAU$193.75m
Gross ProfitAU$139.32m
Other ExpensesAU$146.27m
Earnings-AU$6.95m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.053
Gross Margin41.83%
Net Profit Margin-2.09%
Debt/Equity Ratio1.6%

How did NCZ perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is New Century Resources 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


-5.4%

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 New Century 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 New Century Resources 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


28.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NCZ is currently unprofitable.

Growing Profit Margin: NCZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NCZ is unprofitable, but has reduced losses over the past 5 years at a rate of 28.9% per year.

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

Earnings vs Industry: NCZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.3%).


Return on Equity

High ROE: NCZ has a negative Return on Equity (-7.37%), as it is currently unprofitable.


Financial Health

How is New Century Resources's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: NCZ's short term assets (A$147.6M) do not cover its short term liabilities (A$155.4M).

Long Term Liabilities: NCZ's short term assets (A$147.6M) do not cover its long term liabilities (A$237.9M).


Debt to Equity History and Analysis

Debt Level: NCZ has more cash than its total debt.

Reducing Debt: NCZ's debt to equity ratio has reduced from 4257.5% to 1.6% over the 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: Whilst unprofitable NCZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NCZ is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24% per year.


Dividend

What is New Century Resources's 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

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Discover strong dividend paying companies

Management

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

4.8yrs

Average management tenure


CEO

Patrick Christopher Walta (39 yo)

4.83yrs

Tenure

AU$831,022

Compensation

Mr. Patrick Christopher Andrew Walta, MBA, MSci (Min. Eco.), BEng (Hons), BSci, GAICD, has been Managing Director of New Century Resources Limited (formerly known as Attila Resources Limited) since July 13...


CEO Compensation Analysis

Compensation vs Market: Patrick Christopher's total compensation ($USD594.48K) is about average for companies of similar size in the Australian market ($USD571.96K).

Compensation vs Earnings: Patrick Christopher's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: NCZ's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: NCZ's board of directors are considered experienced (3.2 years average tenure).


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 substantially diluted in the past year, with total shares outstanding growing by 62.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: New Century Resources Limited
  • Ticker: NCZ
  • Exchange: ASX
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$288.180m
  • Shares outstanding: 130.99m
  • Website: https://www.newcenturyresources.com

Location

  • New Century Resources Limited
  • 360 Collins Street
  • Level 4
  • 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 Analysis2022/05/29 00:00
End of Day Share Price2022/05/27 00:00
Earnings2021/12/31
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.