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ORN

Orion MineralsASX:ORN Stock Report

Market Cap

AU$108.0m

7D

-3.8%

1Y

-13.8%

Updated

18 Oct, 2021

Data

Company Financials
ORN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

ORN Overview

Orion Minerals Limited explores for, evaluates, and develops mineral properties in Australia and South Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Orion Minerals
Historical stock prices
Current Share PriceAU$0.025
52 Week HighAU$0.024
52 Week LowAU$0.045
Beta1.71
1 Month Change0%
3 Month Change-19.36%
1 Year Change-13.79%
3 Year Change-19.36%
5 Year Change19.05%
Change since IPO-99.81%

Recent News & Updates

May 06
Here's Why Orion Minerals (ASX:ORN) Can Afford Some Debt

Here's Why Orion Minerals (ASX:ORN) Can Afford Some Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Mar 02
Here's What Orion Minerals Limited's (ASX:ORN) Shareholder Ownership Structure Looks Like

Here's What Orion Minerals Limited's (ASX:ORN) Shareholder Ownership Structure Looks Like

If you want to know who really controls Orion Minerals Limited ( ASX:ORN ), then you'll have to look at the makeup of...

Shareholder Returns

ORNAU Metals and MiningAU Market
7D-3.8%4.3%0.9%
1Y-13.8%12.2%20.2%

Return vs Industry: ORN underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: ORN underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is ORN's price volatile compared to industry and market?
ORN volatility
ORN Beta1.71
Industry Beta0.97
Market Beta1

Stable Share Price: ORN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2001n/aErrol Smarthttps://www.orionminerals.com.au

Orion Minerals Limited explores for, evaluates, and develops mineral properties in Australia and South Africa. The company primarily explores for gold, zinc, copper, nickel, silver, and cobalt, as well as platinum group metals elements. Its flagship project is the Prieska Copper-Zinc project located in the Northern Cape province of South Africa.

Orion Minerals Fundamentals Summary

How do Orion Minerals's earnings and revenue compare to its market cap?
ORN fundamental statistics
Market CapAU$108.03m
Earnings (TTM)-AU$1.76m
Revenue (TTM)AU$46.00k

2.5kx

P/S Ratio

-62.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ORN income statement (TTM)
RevenueAU$46.00k
Cost of RevenueAU$0
Gross ProfitAU$46.00k
ExpensesAU$1.81m
Earnings-AU$1.76m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0004
Gross Margin100.00%
Net Profit Margin-3,823.91%
Debt/Equity Ratio2.1%

How did ORN perform over the long term?

See historical performance and comparison

Valuation

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

1.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ORN is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Orion 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 Orion Minerals performed over the past 5 years?

-15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ORN is currently unprofitable.

Growing Profit Margin: ORN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ORN is unprofitable, and losses have increased over the past 5 years at a rate of 15.6% per year.

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

Earnings vs Industry: ORN 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: ORN has a negative Return on Equity (-2.9%), as it is currently unprofitable.


Financial Health

How is Orion Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: ORN's short term assets (A$21.4M) exceed its short term liabilities (A$3.0M).

Long Term Liabilities: ORN's short term assets (A$21.4M) exceed its long term liabilities (A$3.9M).


Debt to Equity History and Analysis

Debt Level: ORN's debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ORN's debt to equity ratio has reduced over the 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: ORN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ORN has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 15.4% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

4.3yrs

Average management tenure


CEO

Errol Smart (54 yo)

8.92yrs

Tenure

AU$695,032

Compensation

Mr. Errol John Smart, ND, NHD, B.Sc. (Hons), PrSciNat, has been the Managing Director and Chief Executive Officer of Orion Minerals Limited (formerly known as Orion Minerals NL) since November 26, 2012. Mr...


CEO Compensation Analysis

Compensation vs Market: Errol's total compensation ($USD515.87K) is above average for companies of similar size in the Australian market ($USD302.72K).

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


Leadership Team

Experienced Management: ORN's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: ORN's board of directors are considered experienced (6.3 years average tenure).


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 32.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Orion Minerals Limited
  • Ticker: ORN
  • Exchange: ASX
  • Founded: 2001
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$108.030m
  • Shares outstanding: 4.32b
  • Website: https://www.orionminerals.com.au

Location

  • Orion Minerals Limited
  • 530 Little Collins Street
  • Suite 617
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 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.