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New World Resources ASX:NWC Stock Report

Last Price

AU$0.017

Market Cap

AU$48.3m

7D

-5.6%

1Y

-56.4%

Updated

26 Dec, 2024

Data

Company Financials +

New World Resources Limited

ASX:NWC Stock Report

Market Cap: AU$48.3m

NWC Stock Overview

Engages in the exploration and development of mineral properties in North America. More details

NWC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

New World Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for New World Resources
Historical stock prices
Current Share PriceAU$0.017
52 Week HighAU$0.048
52 Week LowAU$0.015
Beta3.01
1 Month Change-15.00%
3 Month Change-19.05%
1 Year Change-56.41%
3 Year Change-77.33%
5 Year Change13.33%
Change since IPO-99.99%

Recent News & Updates

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-5.6%-1.8%-1.0%
1Y-56.4%-19.8%7.5%

Return vs Industry: NWC underperformed the Australian Metals and Mining industry which returned -19.8% over the past year.

Return vs Market: NWC underperformed the Australian Market which returned 7.5% over the past year.

Price Volatility

Is NWC's price volatile compared to industry and market?
NWC volatility
NWC Average Weekly Movement9.5%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

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

Volatility Over Time: NWC's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aNick Woolrychnewworldres.com

New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for copper, zinc, silver, gold, and lead 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$48.28m
Earnings (TTM)-AU$2.93m
Revenue (TTM)AU$385.05k

125.4x

P/S Ratio

-16.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NWC income statement (TTM)
RevenueAU$385.05k
Cost of RevenueAU$0
Gross ProfitAU$385.05k
Other ExpensesAU$3.31m
Earnings-AU$2.93m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.001
Gross Margin100.00%
Net Profit Margin-760.04%
Debt/Equity Ratio0%

How did NWC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 15:19
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New World Resources Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul HowardCanaccord Genuity
Kristian StellaShaw and Partners Limited
Sam CatalanoWilsons Advisory and Stockbroking Ltd.