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NMR

Native Mineral Resources Holdings ASX:NMR Stock Report

Last Price

AU$0.15

Market Cap

AU$15.4m

7D

-11.8%

1Y

-42.3%

Updated

24 Sep, 2022

Data

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

NMR Stock Overview

Native Mineral Resources Holdings Limited explores for and develops mineral properties in Queensland and Western Australia.

Native Mineral Resources Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Native Mineral Resources Holdings
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.31
52 Week LowAU$0.085
Beta0
1 Month Change20.00%
3 Month Change-6.25%
1 Year Change-42.31%
3 Year Changen/a
5 Year Changen/a
Change since IPO-25.00%

Recent News & Updates

Shareholder Returns

NMRAU Metals and MiningAU Market
7D-11.8%-0.9%-2.7%
1Y-42.3%2.1%-11.0%

Return vs Industry: NMR underperformed the Australian Metals and Mining industry which returned 2.1% over the past year.

Return vs Market: NMR underperformed the Australian Market which returned -11% over the past year.

Price Volatility

Is NMR's price volatile compared to industry and market?
NMR volatility
NMR Average Weekly Movement18.5%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.6%
10% most volatile stocks in AU Market16.9%
10% least volatile stocks in AU Market4.3%

Stable Share Price: NMR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: NMR's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2020n/aBlake Cannavohttps://nmresources.com.au

Native Mineral Resources Holdings Limited explores for and develops mineral properties in Queensland and Western Australia. It primarily explores for copper, zinc, gold, nickel, and precious and base metal deposits. The company’s flagship property is the Palmerville project that comprises 9 exploration permits located in Queensland.

Native Mineral Resources Holdings Fundamentals Summary

How do Native Mineral Resources Holdings's earnings and revenue compare to its market cap?
NMR fundamental statistics
Market CapAU$15.42m
Earnings (TTM)-AU$4.60m
Revenue (TTM)AU$283.88k

54.3x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMR income statement (TTM)
RevenueAU$283.88k
Cost of RevenueAU$146.98k
Gross ProfitAU$136.90k
Other ExpensesAU$4.74m
Earnings-AU$4.60m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.045
Gross Margin48.22%
Net Profit Margin-1,620.93%
Debt/Equity Ratio0.0%

How did NMR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is NMR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NMR?

Other financial metrics that can be useful for relative valuation.

NMR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue52.7x
Enterprise Value/EBITDA-3.3x
PEG Ration/a

Price to Book Ratio vs Peers

How does NMR's PB Ratio compare to its peers?

NMR PB Ratio vs Peers
The above table shows the PB ratio for NMR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.5x
AEV Avenira
2.3xn/aAU$15.8m
R3D R3D Resources
2xn/aAU$12.1m
GIB Gibb River Diamonds
1.5xn/aAU$11.6m
WC8 Wildcat Resources
2.1xn/aAU$21.9m
NMR Native Mineral Resources Holdings
31xn/aAU$15.4m

Price-To-Book vs Peers: NMR is expensive based on its Price-To-Book Ratio (31x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does NMR's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Book vs Industry: NMR is expensive based on its Price-To-Book Ratio (31x) compared to the Australian Metals and Mining industry average (2x)


Price to Book Ratio vs Fair Ratio

What is NMR's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NMR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio31x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate NMR's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of NMR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate NMR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NMR's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Native Mineral Resources Holdings 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


-5.0%

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 Native Mineral Resources Holdings 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.


Discover growth companies

  • Examine Native Mineral Resources Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Native Mineral Resources Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Native Mineral Resources Holdings 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


-49.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NMR is currently unprofitable.

Growing Profit Margin: NMR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NMR is unprofitable, and losses have increased over the past 5 years at a rate of 49.3% per year.

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

Earnings vs Industry: NMR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (33.8%).


Return on Equity

High ROE: NMR has a negative Return on Equity (-923.91%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Native Mineral Resources Holdings'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: NMR's short term assets (A$559.6K) exceed its short term liabilities (A$225.9K).

Long Term Liabilities: NMR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NMR is debt free.

Reducing Debt: NMR 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: NMR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NMR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.6% each year


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Dividend

What is Native Mineral Resources Holdings'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

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

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


Discover strong dividend paying companies

Management

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

1.7yrs

Average management tenure


CEO

Blake Cannavo (52 yo)

no data

Tenure

AU$390,427

Compensation

Mr. Blake O. Cannavo, Dip B.A.S served as General Manager of Iron Ore at Aquila Resources Limited from July 23, 2012 to April 3, 2013. Mr. Cannavo is the Managing Director and Chief Executive Officer at Na...


CEO Compensation Analysis

Compensation vs Market: Blake's total compensation ($USD255.53K) is about average for companies of similar size in the Australian market ($USD281.91K).

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


Leadership Team

Experienced Management: NMR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: NMR's board of directors are not considered experienced ( 2.1 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: NMR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

ASX:NMR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
08 Aug 22BuyAU$89,555Philip GardnerIndividual688,889AU$0.13
08 Aug 22BuyAU$24,960James WalkerIndividual192,000AU$0.13
07 Feb 22BuyAU$175,000Blake CannavoIndividual802,752AU$0.22
07 Feb 22BuyAU$328,816Philip GardnerIndividual1,508,333AU$0.22

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.6%.


Top Shareholders

Top 21 shareholders own 80.49% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
51.06%
Blake Cannavo
52,501,050A$7.9m0%no data
6.46%
Drohl Pty Ltd
6,641,517A$996.2k0%no data
4.69%
Philip Gardner
4,822,223A$723.3k16.67%no data
2.3%
James Walker
2,361,266A$354.2k8.85%no data
2.28%
Sympall Pty Ltd
2,346,849A$352.0k45.71%no data
1.82%
Doubleday Australia Pty Ltd
1,871,666A$280.7k0%no data
1.71%
Belinda Rodger
1,755,352A$263.3k115.3%no data
1.22%
Darren Pearson
1,250,000A$187.5k0%no data
1.22%
Chelsea On The Park Pty Ltd
1,250,000A$187.5k0%no data
1.11%
Damian Mcilroy
1,146,063A$171.9k358.43%no data
1.11%
Richard Alvares
1,140,107A$171.0k36.63%no data
0.97%
Azzop Pty Ltd
1,000,000A$150.0k0%no data
0.96%
1215 Capital Pty Ltd
984,849A$147.7k0%no data
0.7%
Vsp Investments Pty Ltd
722,765A$108.4k0%no data
0.63%
Clayton Clan
643,911A$96.6k0%no data
0.56%
Mann Beef Pty Ltd
577,000A$86.6k0%no data
0.36%
Nicole Mcilroy
375,000A$56.3k50%no data
0.34%
Denise Mckeough
347,530A$52.1k0%no data
0.34%
Murray Mckeough
347,530A$52.1k0%no data
0.33%
Brian Clayton
340,279A$51.0k36.11%no data
0.33%
Janet Clayton
340,279A$51.0k36.11%no data

Company Information

Native Mineral Resources Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Native Mineral Resources Holdings Limited
  • Ticker: NMR
  • Exchange: ASX
  • Founded: 2020
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$15.424m
  • Shares outstanding: 102.83m
  • Website: https://nmresources.com.au

Location

  • Native Mineral Resources Holdings Limited
  • 6-14 Clarence Street
  • Suite 10
  • Port Macquarie
  • New South Wales
  • 2444
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NMRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2020

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.