company background image
PUR

Pursuit MineralsASX:PUR Stock Report

Market Cap

AU$32.8m

7D

-2.8%

1Y

169.2%

Updated

18 Oct, 2021

Data

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

PUR Overview

Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia, Sweden, Norway, and Finland.

Pursuit Minerals Competitors

Mineral Resources

ASX:MIN

AU$8.2b

Fortescue Metals Group

ASX:FMG

AU$45.4b

Grange Resources

ASX:GRR

AU$665.5m

Mount Gibson Iron

ASX:MGX

AU$544.8m

Price History & Performance

Summary of all time highs, changes and price drops for Pursuit Minerals
Historical stock prices
Current Share PriceAU$0.035
52 Week HighAU$0.012
52 Week LowAU$0.097
Beta2.1
1 Month Change-31.37%
3 Month Change-40.68%
1 Year Change169.23%
3 Year Change-25.53%
5 Year Changen/a
Change since IPO-99.98%

Recent News & Updates

Shareholder Returns

PURAU Metals and MiningAU Market
7D-2.8%4.3%0.9%
1Y169.2%12.2%20.2%

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

Return vs Market: PUR exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PUR's price volatile compared to industry and market?
PUR volatility
PUR Beta2.1
Industry Beta0.97
Market Beta1

Stable Share Price: PUR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: PUR's weekly volatility has decreased from 19% to 11% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aMark Freemanhttps://pursuitminerals.com.au

Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia, Sweden, Norway, and Finland. The company explores for copper, zinc, nickel, gold, silver, platinum, and vanadium deposits. It holds interests in the Paperbark project covering an area of approximately 75 square kilometers; and Bluebush project, which consist of two exploration permits covering an area of approximately 214 square kilometers situated in Northwest Queensland.

Pursuit Minerals Fundamentals Summary

How do Pursuit Minerals's earnings and revenue compare to its market cap?
PUR fundamental statistics
Market CapAU$32.80m
Earnings (TTM)-AU$2.28m
Revenue (TTM)n/a

0x

P/S Ratio

-14.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PUR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$2.28m
Earnings-AU$2.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0024
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did PUR perform over the long term?

See historical performance and comparison

Valuation

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

2.41x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PUR is good value based on its PB Ratio (2.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Pursuit 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 Pursuit 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 Pursuit Minerals performed over the past 5 years?

-45.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PUR is currently unprofitable.

Growing Profit Margin: PUR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PUR is unprofitable, and losses have increased over the past 5 years at a rate of 45.8% per year.

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

Earnings vs Industry: PUR 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: PUR has a negative Return on Equity (-16.72%), as it is currently unprofitable.


Financial Health

How is Pursuit Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: PUR's short term assets (A$11.7M) exceed its short term liabilities (A$933.9K).

Long Term Liabilities: PUR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PUR is debt free.

Reducing Debt: PUR currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: PUR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PUR has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 10.9% each year


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PUR'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 PUR'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 management tenure


CEO

Mark Freeman (46 yo)

1.5yrs

Tenure

AU$721,330

Compensation

Mr. Mark Freeman, B.Com, CA, F.Fin, Grad Dip App Finance, serves as Chief Executive Officer, Executive Director of Pursuit Minerals Limited since April 1, 2020 and serves as its Managing Director. He is a...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD535.39K) is above average for companies of similar size in the Australian market ($USD302.72K).

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


Leadership Team

Experienced Management: PUR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: PUR'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 70.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: Pursuit Minerals Limited
  • Ticker: PUR
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$32.795m
  • Shares outstanding: 937.01m
  • Website: https://pursuitminerals.com.au

Location

  • Pursuit Minerals Limited
  • 246-250 Railway Parade
  • Suite 4
  • West Leederville
  • Western Australia
  • 6007
  • 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 15:29
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.