Northern Minerals Limited engages in the exploration and evaluation of rare earth element mineral interests in Australia.
Northern Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.056|
|52 Week High||AU$0.03|
|52 Week Low||AU$0.07|
|1 Month Change||24.44%|
|3 Month Change||43.59%|
|1 Year Change||69.70%|
|3 Year Change||-24.32%|
|5 Year Change||-66.06%|
|Change since IPO||-86.00%|
Recent News & Updates
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...
|NTU||AU Metals and Mining||AU Market|
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.
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
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
|NTU fundamental statistics|
Is NTU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NTU income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0018|
|Net Profit Margin||0.00%|
How did NTU perform over the long term?See historical performance and comparison
Is Northern Minerals undervalued compared to its fair value and its price relative to the market?
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).
How is Northern Minerals 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 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.
How has Northern Minerals performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Tory (53 yo)
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.
Experienced Management: NTU's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: NTU's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.4%.
Northern Minerals Limited's employee growth, exchange listings and data sources
- 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
- Northern Minerals Limited
- 34 Colin Street
- Ground Floor
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|End of Day Share Price||2021/10/26 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.