Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia, Sweden, Norway, and Finland.
Pursuit Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.035|
|52 Week High||AU$0.012|
|52 Week Low||AU$0.097|
|1 Month Change||-31.37%|
|3 Month Change||-40.68%|
|1 Year Change||169.23%|
|3 Year Change||-25.53%|
|5 Year Change||n/a|
|Change since IPO||-99.98%|
Recent News & Updates
|PUR||AU Metals and Mining||AU Market|
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.
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
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
|PUR fundamental statistics|
Is PUR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PUR income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0024|
|Net Profit Margin||0.00%|
How did PUR perform over the long term?See historical performance and comparison
Is Pursuit Minerals undervalued compared to its fair value and its price relative to the market?
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).
How is Pursuit Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Pursuit Minerals performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Freeman (46 yo)
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.
Experienced Management: PUR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: PUR's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 70.1%.
Pursuit Minerals Limited's employee growth, exchange listings and data sources
- 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
- Pursuit Minerals Limited
- 246-250 Railway Parade
- Suite 4
- West Leederville
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:29|
|End of Day Share Price||2021/10/18 00:00|
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.