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SI6

SI6 MetalsASX:SI6 Stock Report

Market Cap

AU$15.7m

7D

-8.3%

1Y

0%

Updated

22 Oct, 2021

Data

Company Financials
SI6 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SI6 Overview

SI6 Metals Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia and Botswana.

Price History & Performance

Summary of all time highs, changes and price drops for SI6 Metals
Historical stock prices
Current Share PriceAU$0.011
52 Week HighAU$0.009
52 Week LowAU$0.046
Beta3.34
1 Month Change-8.33%
3 Month Change-21.43%
1 Year Change0%
3 Year Change83.33%
5 Year Change-54.17%
Change since IPO-99.24%

Recent News & Updates

Shareholder Returns

SI6AU Metals and MiningAU Market
7D-8.3%-0.3%0.7%
1Y0%12.5%21.4%

Return vs Industry: SI6 underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: SI6 underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is SI6's price volatile compared to industry and market?
SI6 volatility
SI6 Beta3.34
Industry Beta0.97
Market Beta1

Stable Share Price: SI6 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: SI6's weekly volatility has decreased from 19% to 12% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2007n/an/ahttps://www.si6metals.com

SI6 Metals Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia and Botswana. The company primarily explores for nickel, copper, cobalt, PGE, and silver minerals. It holds interests in Botswanan Project comprises seven exploration licenses covering an area of approximately 1,500km2; and has an option agreement to acquire 100% interest in the Monument Gold Project located in western Australia.

SI6 Metals Fundamentals Summary

How do SI6 Metals's earnings and revenue compare to its market cap?
SI6 fundamental statistics
Market CapAU$15.71m
Earnings (TTM)-AU$2.89m
Revenue (TTM)AU$11.12k

0x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SI6 income statement (TTM)
RevenueAU$11.12k
Cost of RevenueAU$0
Gross ProfitAU$11.12k
ExpensesAU$2.90m
Earnings-AU$2.89m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.002
Gross Margin100.00%
Net Profit Margin-25,969.53%
Debt/Equity Ratio0%

How did SI6 perform over the long term?

See historical performance and comparison

Valuation

Is SI6 Metals undervalued compared to its fair value and its price relative to the market?

3.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SI6's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SI6's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SI6 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: SI6 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 SI6's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SI6 is overvalued based on its PB Ratio (3.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is SI6 Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

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 SI6 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 SI6 Metals performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SI6 is currently unprofitable.

Growing Profit Margin: SI6 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SI6 is unprofitable, and losses have increased over the past 5 years at a rate of 2.9% per year.

Accelerating Growth: Unable to compare SI6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SI6 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: SI6 has a negative Return on Equity (-64.74%), as it is currently unprofitable.


Financial Health

How is SI6 Metals's financial position?


Financial Position Analysis

Short Term Liabilities: SI6's short term assets (A$4.7M) exceed its short term liabilities (A$311.2K).

Long Term Liabilities: SI6's short term assets (A$4.7M) exceed its long term liabilities (A$73.7K).


Debt to Equity History and Analysis

Debt Level: SI6 is debt free.

Reducing Debt: SI6 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: SI6 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SI6 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 6.2% each year.


Dividend

What is SI6 Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SI6's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SI6'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 SI6's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SI6'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 SI6'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?

4.2yrs

Average board tenure


CEO

SI6 Metals has no CEO, or we have no data on them.


Board Members

Experienced Board: SI6's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SI6 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 28.8%.


Top Shareholders

Company Information

SI6 Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SI6 Metals Limited
  • Ticker: SI6
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$15.710m
  • Shares outstanding: 1.43b
  • Website: https://www.si6metals.com

Location

  • SI6 Metals Limited
  • 1 Altona Street
  • Suite 2, Level 1
  • 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 Analysis2021/10/22 15:44
End of Day Share Price2021/10/22 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.