NIS

NickelSearchASX:NIS Stock Report

Market Cap

AU$20.8m

7D

n/a

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
NIS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

NIS Overview

NickelSearch Limited operates as a nickel sulphide exploration company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for NickelSearch
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.20
52 Week LowAU$0.25
Beta0
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO0%

Recent News & Updates

Shareholder Returns

NISAU Metals and MiningAU Market
7Dn/a4.3%0.9%
1Yn/a12.2%20.2%

Return vs Industry: Insufficient data to determine how NIS performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how NIS performed against the Australian Market.

Price Volatility

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

Stable Share Price: Insufficient data to determine NIS's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine NIS's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aCraig Moultonhttps://nickelsearch.com

NickelSearch Limited operates as a nickel sulphide exploration company in Australia. Its projects include the Carlingup project covering an area of 107.4 square kilometers of contiguous exploration licences and mining leases located in the Ravensthorpe region of Western Australia. The company, formerly known as Australasian Mining Limited, was incorporated in 2004 and is based in Osborne Park, Australia.

NickelSearch Fundamentals Summary

How do NickelSearch's earnings and revenue compare to its market cap?
NIS fundamental statistics
Market CapAU$20.81m
Earnings (TTM)-AU$221.20k
Revenue (TTM)AU$17.00

0x

P/S Ratio

-94.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NIS income statement (TTM)
RevenueAU$17.00
Cost of RevenueAU$88.06k
Gross Profit-AU$88.04k
ExpensesAU$133.15k
Earnings-AU$221.20k

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.0021
Gross Margin-517,900.00%
Net Profit Margin-1,301,158.82%
Debt/Equity Ratio0.0%

How did NIS perform over the long term?

See historical performance and comparison

Valuation

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

19.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NIS is overvalued based on its PB Ratio (19.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 NickelSearch 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 NickelSearch performed over the past 5 years?

-52.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NIS is currently unprofitable.

Growing Profit Margin: NIS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NIS's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: NIS 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: NIS has a negative Return on Equity (-20.56%), as it is currently unprofitable.


Financial Health

How is NickelSearch's financial position?


Financial Position Analysis

Short Term Liabilities: NIS's short term assets (A$53.0K) exceed its short term liabilities (A$40.1K).

Long Term Liabilities: NIS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NIS is debt free.

Reducing Debt: NIS 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: Insufficient data to determine if NIS has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NIS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is NickelSearch current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.3yrs

Average board tenure


CEO

Craig Moulton (51 yo)

0.25

Tenure

Mr. Craig Moulton, BSc, M.sc, served as Executive Director of Cobra Resources Plc since March 26, 2019 until September 16, 2021 and served as its Managing Director until June 30, 2021. He had been Chief Ex...


Board Members

Experienced Board: NIS's board of directors are not considered experienced ( 0.3 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.


Ownership Breakdown

Dilution of Shares: NIS only recently listed within the past 12 months.


Top Shareholders

Company Information

NickelSearch Limited's employee growth, exchange listings and data sources


Key Information

  • Name: NickelSearch Limited
  • Ticker: NIS
  • Exchange: ASX
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$20.813m
  • Shares outstanding: 104.06m
  • Website: https://nickelsearch.com

Location

  • NickelSearch Limited
  • 92 Walters Drive
  • Suite 14
  • Osborne Park
  • Western Australia
  • 6017
  • 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 15:34
End of Day Share Price2021/10/18 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.