Neometals Ltd explores and evaluates mineral projects in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.86|
|52 Week High||AU$0.19|
|52 Week Low||AU$1.01|
|1 Month Change||-4.95%|
|3 Month Change||58.72%|
|1 Year Change||343.59%|
|3 Year Change||284.44%|
|5 Year Change||154.41%|
|Change since IPO||332.50%|
Recent News & Updates
|NMT||AU Metals and Mining||AU Market|
Return vs Industry: NMT exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.
Return vs Market: NMT exceeded the Australian Market which returned 21.4% over the past year.
Stable Share Price: NMT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: NMT's weekly volatility (12%) has been stable over the past year.
About the Company
Neometals Ltd explores and evaluates mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium pentoxide from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.
Neometals Fundamentals Summary
|NMT fundamental statistics|
Is NMT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NMT income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.03|
|Net Profit Margin||0.00%|
How did NMT perform over the long term?See historical performance and comparison
Is Neometals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NMT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NMT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NMT is poor value based on its PE Ratio (28.9x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: NMT is poor value based on its PE Ratio (28.9x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NMT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NMT is overvalued based on its PB Ratio (3.2x) compared to the AU Metals and Mining industry average (2.6x).
How is Neometals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Neometals 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.
How has Neometals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMT has a high level of non-cash earnings.
Growing Profit Margin: NMT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NMT's earnings have declined by 65.5% per year over the past 5 years.
Accelerating Growth: NMT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NMT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: NMT's Return on Equity (11.2%) is considered low.
How is Neometals's financial position?
Financial Position Analysis
Short Term Liabilities: NMT's short term assets (A$107.9M) exceed its short term liabilities (A$7.3M).
Long Term Liabilities: NMT's short term assets (A$107.9M) exceed its long term liabilities (A$7.6M).
Debt to Equity History and Analysis
Debt Level: NMT is debt free.
Reducing Debt: NMT had no debt 5 years ago.
Debt Coverage: NMT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NMT has no debt, therefore coverage of interest payments is not a concern.
What is Neometals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NMT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NMT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NMT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NMT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NMT is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NMT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Reed (48 yo)
Mr. Christopher John Reed, also known as Chris, B.Com, GradCertMinEcon, ASA, MAusIMM, has been the Managing Director of Neometals Limited since October 01, 2013 and has been its Chief Executive Officer. Mr...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD696.46K) is about average for companies of similar size in the Australian market ($USD716.52K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: NMT's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: NMT's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NMT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Neometals Ltd's employee growth, exchange listings and data sources
- Name: Neometals Ltd
- Ticker: NMT
- Exchange: ASX
- Founded: 2001
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$474.346m
- Shares outstanding: 548.38m
- Website: https://www.neometals.com.au
- Neometals Ltd
- 1292 Hay Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:37|
|End of Day Share Price||2021/10/22 00:00|
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.