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ODM

Odin MetalsASX:ODM Stock Report

Market Cap

AU$14.0m

7D

14.8%

1Y

6.9%

Updated

26 Oct, 2021

Data

Company Financials
ODM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ODM Overview

Odin Metals Limited engages in mineral exploration activities in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Odin Metals
Historical stock prices
Current Share PriceAU$0.031
52 Week HighAU$0.023
52 Week LowAU$0.05
Beta1.41
1 Month Change14.82%
3 Month Change-6.06%
1 Year Change6.90%
3 Year Change-69.00%
5 Year Change-38.00%
Change since IPO-84.50%

Recent News & Updates

Feb 25
Odin Metals Limited (ASX:ODM) Insiders Increased Their Holdings

Odin Metals Limited (ASX:ODM) Insiders Increased Their Holdings

We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

Shareholder Returns

ODMAU Metals and MiningAU Market
7D14.8%-0.4%0.8%
1Y6.9%15.6%24.4%

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

Return vs Market: ODM underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is ODM's price volatile compared to industry and market?
ODM volatility
ODM Beta1.41
Industry Beta0.97
Market Beta1

Stable Share Price: ODM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2010n/an/ahttps://www.odinmetals.com.au

Odin Metals Limited engages in mineral exploration activities in Australia. The company explores for copper, zinc, silver, gold, nickel, platinum-group elements, and lead deposits. It owns interest in the Koonenberry project that includes 5 exploration licenses covering an area of 2600 square kilometers located in New South Wales.

Odin Metals Fundamentals Summary

How do Odin Metals's earnings and revenue compare to its market cap?
ODM fundamental statistics
Market CapAU$13.99m
Earnings (TTM)-AU$8.67m
Revenue (TTM)AU$68.90k

221.4x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ODM income statement (TTM)
RevenueAU$68.90k
Cost of RevenueAU$0
Gross ProfitAU$68.90k
ExpensesAU$8.74m
Earnings-AU$8.67m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin100.00%
Net Profit Margin-12,581.34%
Debt/Equity Ratio0.0%

How did ODM perform over the long term?

See historical performance and comparison

Valuation

Is Odin Metals undervalued compared to its fair value and its price relative to the market?

2.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ODM is good value based on its PB Ratio (2.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Odin Metals 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 Odin Metals 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 Odin Metals performed over the past 5 years?

-66.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ODM is currently unprofitable.

Growing Profit Margin: ODM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ODM is unprofitable, and losses have increased over the past 5 years at a rate of 66.4% per year.

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

Earnings vs Industry: ODM 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: ODM has a negative Return on Equity (-147.59%), as it is currently unprofitable.


Financial Health

How is Odin Metals's financial position?


Financial Position Analysis

Short Term Liabilities: ODM's short term assets (A$3.0M) exceed its short term liabilities (A$65.9K).

Long Term Liabilities: ODM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ODM is debt free.

Reducing Debt: ODM has not had any debt for past 5 years.


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

Forecast Cash Runway: ODM has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 41.3% each year.


Dividend

What is Odin Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.5yrs

Average board tenure


CEO

Odin Metals has no CEO, or we have no data on them.


Board Members

Experienced Board: ODM's board of directors are not considered experienced ( 1.5 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 substantially diluted in the past year, with total shares outstanding growing by 79.6%.


Top Shareholders

Company Information

Odin Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Odin Metals Limited
  • Ticker: ODM
  • Exchange: ASX
  • Founded: 2010
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$13.990m
  • Shares outstanding: 466.34m
  • Website: https://www.odinmetals.com.au

Location

  • Odin Metals Limited
  • 35 Richardson 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.