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NTU

Northern MineralsASX:NTU Stock Report

Market Cap

AU$252.3m

7D

9.8%

1Y

69.7%

Updated

26 Oct, 2021

Data

Company Financials
NTU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NTU Overview

Northern Minerals Limited engages in the exploration and evaluation of rare earth element mineral interests in Australia.

Northern Minerals Competitors

Firefly Resources

ASX:FFR

AU$32.4m

Energy Resources of Australia

ASX:ERA

AU$1.6b

TerraCom

ASX:TER

AU$169.8m

Bathurst Resources

ASX:BRL

AU$141.9m

Price History & Performance

Summary of all time highs, changes and price drops for Northern Minerals
Historical stock prices
Current Share PriceAU$0.056
52 Week HighAU$0.03
52 Week LowAU$0.07
Beta0.79
1 Month Change24.44%
3 Month Change43.59%
1 Year Change69.70%
3 Year Change-24.32%
5 Year Change-66.06%
Change since IPO-86.00%

Recent News & Updates

Sep 27
Companies Like Northern Minerals (ASX:NTU) Are In A Position To Invest In Growth

Companies Like Northern Minerals (ASX:NTU) Are In A Position To Invest In Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

NTUAU Metals and MiningAU Market
7D9.8%-0.4%0.8%
1Y69.7%15.6%24.4%

Return vs Industry: NTU exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: NTU exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is NTU's price volatile compared to industry and market?
NTU volatility
NTU Beta0.79
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2006n/aMark Toryhttps://northernminerals.com.au

Northern Minerals Limited engages in the exploration and evaluation of rare earth element mineral interests in Australia. The company explores for dysprosium and other heavy rare earths. Its flagship project is the 100% owned Browns Range project located to the south east of Halls Creek in northern Western Australia.

Northern Minerals Fundamentals Summary

How do Northern Minerals's earnings and revenue compare to its market cap?
NTU fundamental statistics
Market CapAU$252.30m
Earnings (TTM)-AU$8.53m
Revenue (TTM)n/a

0x

P/S Ratio

-32.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NTU income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$8.53m
Earnings-AU$8.53m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0018
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NTU perform over the long term?

See historical performance and comparison

Valuation

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

9.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NTU is overvalued based on its PB Ratio (9.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Northern 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 Northern Minerals performed over the past 5 years?

-26.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NTU is currently unprofitable.

Growing Profit Margin: NTU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NTU is unprofitable, and losses have increased over the past 5 years at a rate of 26.2% per year.

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

Earnings vs Industry: NTU 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: NTU has a negative Return on Equity (-29.41%), as it is currently unprofitable.


Financial Health

How is Northern Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: NTU's short term assets (A$25.5M) exceed its short term liabilities (A$3.4M).

Long Term Liabilities: NTU's short term assets (A$25.5M) exceed its long term liabilities (A$5.3M).


Debt to Equity History and Analysis

Debt Level: NTU is debt free.

Reducing Debt: NTU currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: NTU has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NTU has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 16.9% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

0.4yrs

Average management tenure


CEO

Mark Tory (53 yo)

1.25yrs

Tenure

AU$537,936

Compensation

Mr. Mark Kevin Tory serves as the Chief Executive Officer of Northern Minerals Limited since July 29, 2020 and had been its Company Secretary since December 3, 2012 until July 2021. He had been the Chief F...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD403.25K) is about average for companies of similar size in the Australian market ($USD554.70K).

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


Leadership Team

Experienced Management: NTU's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: NTU's board of directors are not considered experienced ( 2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Northern Minerals Limited
  • Ticker: NTU
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$252.297m
  • Shares outstanding: 4.85b
  • Website: https://northernminerals.com.au

Number of Employees


Location

  • Northern Minerals Limited
  • 34 Colin Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 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.