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NML

Navarre MineralsASX:NML Stock Report

Market Cap

AU$69.8m

7D

16.3%

1Y

-51.2%

Updated

16 Oct, 2021

Data

Company Financials
NML fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

NML Overview

Navarre Minerals Limited engages in the exploration of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Navarre Minerals
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.081
52 Week LowAU$0.29
Beta0.81
1 Month Change14.94%
3 Month Change3.09%
1 Year Change-51.22%
3 Year Change92.31%
5 Year Change150.00%
Change since IPO-47.37%

Recent News & Updates

Shareholder Returns

NMLAU Metals and MiningAU Market
7D16.3%4.3%0.9%
1Y-51.2%12.2%20.2%

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

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

Price Volatility

Is NML's price volatile compared to industry and market?
NML volatility
NML Beta0.81
Industry Beta0.97
Market Beta1

Stable Share Price: NML is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NML's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200710Ian Hollandhttps://www.navarre.com.au

Navarre Minerals Limited engages in the exploration of mineral properties in Australia. It primarily explores for copper, gold, and silver, as well as volcanic massive sulphide deposits. The company’s flagship property is the 100% owned Stawell Corridor gold project located in western Victoria.

Navarre Minerals Fundamentals Summary

How do Navarre Minerals's earnings and revenue compare to its market cap?
NML fundamental statistics
Market CapAU$69.80m
Earnings (TTM)-AU$2.72m
Revenue (TTM)n/a

0x

P/S Ratio

-25.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NML income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$2.72m
Earnings-AU$2.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0039
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NML perform over the long term?

See historical performance and comparison

Valuation

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

1.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NML is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Navarre Minerals 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 Navarre Minerals 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 Navarre Minerals performed over the past 5 years?

-6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NML is currently unprofitable.

Growing Profit Margin: NML is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NML is unprofitable, and losses have increased over the past 5 years at a rate of 6.7% per year.

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

Earnings vs Industry: NML 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: NML has a negative Return on Equity (-6.73%), as it is currently unprofitable.


Financial Health

How is Navarre Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: NML's short term assets (A$15.3M) exceed its short term liabilities (A$1.4M).

Long Term Liabilities: NML's short term assets (A$15.3M) exceed its long term liabilities (A$90.8K).


Debt to Equity History and Analysis

Debt Level: NML is debt free.

Reducing Debt: NML has not had any debt for 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: NML has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.1% each year


Dividend

What is Navarre Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.6yrs

Average management tenure


CEO

Ian Holland

0.50

Tenure

AU$454,248

Compensation

Mr. Ian Holland, BSc, MMinGeoSc, FAusIMM, F Fin, MAICD has been Managing Director at Navarre Minerals Limited since April 1, 2021 and serves as its Executive Director Since September 1, 2021. Mr. Holland s...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD337.15K) is about average for companies of similar size in the Australian market ($USD302.45K).

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


Leadership Team

Experienced Management: NML's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


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 28.7%.


Top Shareholders

Company Information

Navarre Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Navarre Minerals Limited
  • Ticker: NML
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$69.797m
  • Shares outstanding: 697.97m
  • Website: https://www.navarre.com.au

Number of Employees


Location

  • Navarre Minerals Limited
  • 40-44 Wimmera Street
  • PO Box 385
  • Stawell
  • Victoria
  • 3380
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/15 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.