| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.09 |
| 52 Week High | AU$3.67 |
| 52 Week Low | AU$1.83 |
| Beta | 2.61 |
| 1 Month Change | -2.79% |
| 3 Month Change | 8.57% |
| 1 Year Change | -28.55% |
| 3 Year Change | -80.24% |
| 5 Year Change | n/a |
| Change since IPO | -65.17% |
Recent News & Updates
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
| NCZ | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 3.0% | 4.9% | 1.1% |
| 1Y | -28.5% | 5.2% | 1.5% |
Return vs Industry: NCZ underperformed the Australian Metals and Mining industry which returned 5.2% over the past year.
Return vs Market: NCZ underperformed the Australian Market which returned 1.5% over the past year.
Price Volatility
| NCZ volatility | |
|---|---|
| NCZ Average Weekly Movement | 8.9% |
| Metals and Mining Industry Average Movement | 11.1% |
| Market Average Movement | 9.5% |
| 10% most volatile stocks in AU Market | 16.5% |
| 10% least volatile stocks in AU Market | 4.3% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | n/a | Patrick Christopher Walta | https://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
| NCZ fundamental statistics | |
|---|---|
| Market Cap | AU$273.77m |
| Earnings (TTM) | -AU$6.95m |
| Revenue (TTM) | AU$333.07m |
0.8x
P/S Ratio-39.4x
P/E RatioIs NCZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NCZ income statement (TTM) | |
|---|---|
| Revenue | AU$333.07m |
| Cost of Revenue | AU$193.75m |
| Gross Profit | AU$139.32m |
| Other Expenses | AU$146.27m |
| Earnings | -AU$6.95m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.053 |
| Gross Margin | 41.83% |
| Net Profit Margin | -2.09% |
| Debt/Equity Ratio | 1.6% |
How did NCZ perform over the long term?
See historical performance and comparisonFuture 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
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-7.0%
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
0/6Past 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 (57.8%).
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
4/6Financial 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
0/6Dividend 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$831,022
Compensation
Mr. Patrick Christopher Andrew Walta, MBA, MSci (Min. Eco.), BEng (Hons), BSci, GAICD, has been Managing Director of New Century Resources Limited (formerly known as Attila Resources Limited) since July 13...
CEO Compensation Analysis
Compensation vs Market: Patrick Christopher's total compensation ($USD583.95K) is about average for companies of similar size in the Australian market ($USD560.06K).
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$273.771m
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/22 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.