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New World Resources ASX:NWC Stock Report

Last Price

AU$0.044

Market Cap

AU$99.8m

7D

-6.4%

1Y

-13.7%

Updated

13 Apr, 2024

Data

Company Financials +

New World Resources Limited

ASX:NWC Stock Report

Market Cap: AU$99.8m

NWC Stock Overview

New World Resources Limited engages in the exploration and redevelopment of mineral properties in North America.

NWC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

New World Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New World Resources
Historical stock prices
Current Share PriceAU$0.044
52 Week HighAU$0.055
52 Week LowAU$0.024
Beta2.62
1 Month Change7.32%
3 Month Change-2.22%
1 Year Change-13.73%
3 Year Change-60.00%
5 Year Change158.82%
Change since IPO-99.97%

Recent News & Updates

Here's Why Shareholders May Want To Be Cautious With Increasing New World Resources Limited's (ASX:NWC) CEO Pay Packet

Nov 02
Here's Why Shareholders May Want To Be Cautious With Increasing New World Resources Limited's (ASX:NWC) CEO Pay Packet

Recent updates

Here's Why Shareholders May Want To Be Cautious With Increasing New World Resources Limited's (ASX:NWC) CEO Pay Packet

Nov 02
Here's Why Shareholders May Want To Be Cautious With Increasing New World Resources Limited's (ASX:NWC) CEO Pay Packet

We Think New World Resources (ASX:NWC) Can Afford To Drive Business Growth

Mar 15
We Think New World Resources (ASX:NWC) Can Afford To Drive Business Growth

We Take A Look At Why New World Resources Limited's (ASX:NWC) CEO Has Earned Their Pay Packet

Nov 18
We Take A Look At Why New World Resources Limited's (ASX:NWC) CEO Has Earned Their Pay Packet

New World Resources (ASX:NWC) Is In A Good Position To Deliver On Growth Plans

Sep 22
New World Resources (ASX:NWC) Is In A Good Position To Deliver On Growth Plans

Here's Why We're Not Too Worried About New World Resources' (ASX:NWC) Cash Burn Situation

Mar 17
Here's Why We're Not Too Worried About New World Resources' (ASX:NWC) Cash Burn Situation

Shareholder Returns

NWCAU Metals and MiningAU Market
7D-6.4%3.2%0.2%
1Y-13.7%-4.3%6.5%

Return vs Industry: NWC underperformed the Australian Metals and Mining industry which returned -4.3% over the past year.

Return vs Market: NWC underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is NWC's price volatile compared to industry and market?
NWC volatility
NWC Average Weekly Movement10.2%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market3.4%

Stable Share Price: NWC has not had significant price volatility in the past 3 months.

Volatility Over Time: NWC's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aMike Haynesnewworldres.com

New World Resources Limited engages in the exploration and redevelopment of mineral properties in North America. The company explores for gold, silver, lead, copper, and zinc deposits. It holds 100% interest in the Antler copper project situated near the east of Yucca in northwestern Arizona; the Javelin VMS project covering approximately 4,000 acres located near Antler project in Arizona; and the Tererro copper-gold-zinc VMS project located near north-east of the city of Albuquerque in northern New Mexico.

New World Resources Limited Fundamentals Summary

How do New World Resources's earnings and revenue compare to its market cap?
NWC fundamental statistics
Market capAU$99.81m
Earnings (TTM)-AU$3.13m
Revenue (TTM)AU$278.59k

358.3x

P/S Ratio

-31.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NWC income statement (TTM)
RevenueAU$278.59k
Cost of RevenueAU$0
Gross ProfitAU$278.59k
Other ExpensesAU$3.41m
Earnings-AU$3.13m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0014
Gross Margin100.00%
Net Profit Margin-1,122.71%
Debt/Equity Ratio0%

How did NWC perform over the long term?

See historical performance and comparison
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