Loading...

Sunstone Metals

ASX:STM
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STM
ASX
A$42M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Sunstone Metals Limited engages in the exploration and development of mineral properties. The last earnings update was 73 days ago. More info.


Add to Portfolio Compare Print
  • Sunstone Metals has significant price volatility in the past 3 months.
STM Share Price and Events
7 Day Returns
-10.5%
ASX:STM
-2.5%
AU Metals and Mining
1.2%
AU Market
1 Year Returns
-2.9%
ASX:STM
7.1%
AU Metals and Mining
4.7%
AU Market
STM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sunstone Metals (STM) -10.5% -15% 17.2% -2.9% 100% -62.2%
AU Metals and Mining -2.5% 0.2% 0% 7.1% 75.3% 11.9%
AU Market 1.2% 1.1% 4.3% 4.7% 18.3% 9%
1 Year Return vs Industry and Market
  • STM underperformed the Metals and Mining industry which returned 7.1% over the past year.
  • STM underperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
STM
Industry
5yr Volatility vs Market

Value

 Is Sunstone Metals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Sunstone Metals. This is due to cash flow or dividend data being unavailable. The share price is A$0.034.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sunstone Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sunstone Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:STM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:STM Share Price ** ASX (2019-05-24) in AUD A$0.03
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 11.86x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sunstone Metals.

ASX:STM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:STM Share Price ÷ EPS (both in AUD)

= 0.03 ÷ 0.00

-7.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sunstone Metals is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Sunstone Metals is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Sunstone Metals's expected growth come at a high price?
Raw Data
ASX:STM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.74x
Australia Market PEG Ratio Median Figure of 358 Publicly-Listed Companies 1.41x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sunstone Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sunstone Metals's assets?
Raw Data
ASX:STM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.04
ASX:STM Share Price * ASX (2019-05-24) in AUD A$0.03
Australia Metals and Mining Industry PB Ratio Median Figure of 585 Publicly-Listed Metals and Mining Companies 1.48x
Australia Market PB Ratio Median Figure of 1,682 Publicly-Listed Companies 1.66x
ASX:STM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:STM Share Price ÷ Book Value per Share (both in AUD)

= 0.03 ÷ 0.04

0.88x

* Primary Listing of Sunstone Metals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sunstone Metals is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Sunstone Metals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Sunstone Metals has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Sunstone 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sunstone Metals expected to grow at an attractive rate?
  • Unable to compare Sunstone Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sunstone Metals's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Sunstone Metals's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:STM Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2.4%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:STM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:STM Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:STM Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -6
2018-09-30 0 -1 -4
2018-06-30 0 -2 -2
2018-03-31 0 -2 -2
2017-12-31 0 -2 -2
2017-09-30 0 -2 -2
2017-06-30 0 -2 -2
2017-03-31 0 -2 -2
2016-12-31 0 -1 -2
2016-09-30 0 -2 -3
2016-06-30 0 -2 -3
2016-03-31 0 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sunstone Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Sunstone Metals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:STM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sunstone Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:STM Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:STM Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sunstone Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Sunstone Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Sunstone Metals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Sunstone Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sunstone Metals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sunstone Metals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sunstone Metals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sunstone Metals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sunstone Metals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Sunstone Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sunstone Metals's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Sunstone Metals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sunstone Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:STM Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.06 -5.69 1.54
2018-09-30 0.06 -3.72 1.57
2018-06-30 0.06 -1.75 1.60
2018-03-31 0.04 -1.86 1.63
2017-12-31 0.01 -1.97 1.66
2017-09-30 0.06 -2.10 1.83
2017-06-30 0.10 -2.22 2.00
2017-03-31 0.10 -2.12 1.93
2016-12-31 0.10 -2.01 1.86
2016-09-30 0.06 -2.62 1.71
2016-06-30 0.02 -3.23 1.57
2016-03-31 0.03 -3.37 1.77
2015-12-31 0.05 -3.52 1.97
2015-09-30 0.06 -2.73 1.90
2015-06-30 0.08 -1.95 1.84
2015-03-31 0.07 -1.77 1.49
2014-12-31 0.06 -1.60 1.13
2014-09-30 0.05 -2.90 2.42
2014-06-30 0.04 -4.20 3.70
2014-03-31 0.06 -4.78 4.51
2013-12-31 0.08 -5.35 5.31
2013-09-30 0.10 -5.77 5.76
2013-06-30 0.11 -6.19 6.21
2013-03-31 0.12 -6.82 6.29
2012-12-31 0.13 -7.45 6.37
2012-09-30 0.11 -5.95 4.85
2012-06-30 0.08 -4.46 3.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Sunstone Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Sunstone Metals has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Sunstone Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sunstone Metals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sunstone Metals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sunstone Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sunstone Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sunstone Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sunstone Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sunstone Metals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Sunstone Metals has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sunstone Metals Company Filings, last reported 4 months ago.

ASX:STM Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 46.75 0.00 2.57
2018-09-30 46.75 0.00 2.57
2018-06-30 46.97 0.00 2.65
2018-03-31 46.97 0.00 2.65
2017-12-31 48.67 0.00 5.49
2017-09-30 48.67 0.00 5.49
2017-06-30 41.68 0.00 0.48
2017-03-31 41.68 0.00 0.48
2016-12-31 42.15 0.00 2.69
2016-09-30 42.15 0.00 2.69
2016-06-30 40.23 0.00 0.63
2016-03-31 40.23 0.00 0.63
2015-12-31 41.47 0.00 1.71
2015-09-30 41.47 0.00 1.71
2015-06-30 39.84 0.00 3.26
2015-03-31 39.84 0.00 3.26
2014-12-31 39.73 0.00 1.77
2014-09-30 39.73 0.00 1.77
2014-06-30 37.46 0.00 0.72
2014-03-31 37.46 0.00 0.72
2013-12-31 42.82 0.00 2.67
2013-09-30 42.82 0.00 2.67
2013-06-30 36.62 0.00 1.22
2013-03-31 36.62 0.00 1.22
2012-12-31 33.05 0.00 6.95
2012-09-30 33.05 0.00 6.95
2012-06-30 22.06 0.00 0.77
  • Sunstone Metals has no debt.
  • Sunstone Metals has not taken on any debt in the past 5 years.
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.

  • Sunstone Metals has less than a year of cash runway based on current free cash flow.
  • Sunstone Metals has less than a year of cash runway if free cash flow continues to reduce at historical rates of -4.8% each year.
X
Financial health checks
We assess Sunstone Metals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sunstone Metals has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sunstone Metals dividends.
If you bought A$2,000 of Sunstone Metals shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sunstone Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sunstone Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:STM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:STM Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sunstone Metals has not reported any payouts.
  • Unable to verify if Sunstone Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sunstone Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sunstone Metals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sunstone Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sunstone Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sunstone Metals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sunstone Metals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Malcolm Norris
COMPENSATION A$374,981
AGE 59
TENURE AS CEO 5.1 years
CEO Bio

Mr. Malcolm S. Norris, B.Sc (Hons), M.Sc Grad Dip App Fin, MAICD, FAusIMM, A Fin, has been the Chief Executive Officer and Managing Director of Sunstone Metals Ltd. since April 1, 2014. Mr. Norris has more than 24 years experience. He is a geologist with extensive experience in business management, asset transactions and exploration with a focus on porphyry discovery. Mr. Norris served as the Chief Executive Officer and Managing Director of SolGold plc (known as Solomon Gold) from October 31, 2011 to February 2013. Mr. Norris served as a Consultant of Intrepid Mines Limited from September 30, 2011 January 31, 2012. He led the team which discovered the Tujuh Bukit copper gold porphyry project for Intrepid Mines Limited. Mr. Norris' impressive previous exploration and management experience with WMC Resources Ltd., Indophil Resources Ltd., Emperor Mines Ltd., and Intrepid Mines Limited. He served as an Executive General Manager of Exploration and New Business at Intrepid Mines Limited from March 11, 2008 to January 31, 2012. Mr. Norris served as an Executive General Manager of Exploration at Emperor Mines Ltd. at DRDGOLD Limited from September 1, 2006 to October 22, 2007. He was responsible for overseeing all activities of the Emperor exploration group. He served senior positions with WMC Resources, including Group Manager of Exploration from 2003 to 2005 and as its Global Exploration Manager from 2001 to 2002 and several years as Country Manager for WMC Resources in the Philippines. He served as General Manager of Exploration and Business Development of Indophil Resources NL from September 1, 2005 to January 2007. He has been the Chairman of Afranex Gold Limited since April 25, 2012. He has been Non Executive Director of Magmatic Resources Limited since December 20, 2016. He has been Director of Avalon Minerals Limited since April 1, 2014. He serves as a Director at Copperstone Resources AB since November 27, 2018. He is a Member of the Australasian Institute of Mining and Metallurgy and of the Society of Economic Geologists. He serves as Director of Solomon Gold. He served as an Executive Director of SolGold plc. He holds a Bachelor of Science (Geology, Hons 1) from the University of Queensland, a Master of Science from the University of Western Ontario and a Master of Applied Finance (Kaplan).

CEO Compensation
  • Malcolm's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Malcolm's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Sunstone Metals management team in years:

4.3
Average Tenure
  • The tenure for the Sunstone Metals management team is about average.
Management Team

Malcolm Norris

TITLE
MD, CEO & Director
COMPENSATION
A$375K
AGE
59
TENURE
5.1 yrs

Gavin Leicht

TITLE
Company Secretary & CFO
COMPENSATION
A$251K
TENURE
4.1 yrs

Ray Robinson

TITLE
General Manager of Studies & Technical Services
COMPENSATION
A$296K
TENURE
4.3 yrs
Board of Directors Tenure

Average tenure and age of the Sunstone Metals board of directors in years:

5.1
Average Tenure
52
Average Age
  • The tenure for the Sunstone Metals board of directors is about average.
Board of Directors

Graham Ascough

TITLE
Chairman of the Board
COMPENSATION
A$78K
AGE
52
TENURE
5.5 yrs

Malcolm Norris

TITLE
MD, CEO & Director
COMPENSATION
A$375K
AGE
59
TENURE
5.1 yrs

Don Hyma

TITLE
Non-Executive Director
COMPENSATION
A$48K
TENURE
5.2 yrs

Stephen Stroud

TITLE
Non-Executive Director
COMPENSATION
A$40K
AGE
47
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • Sunstone Metals insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
17. Apr 19 Buy Malcolm Norris Individual 15. Apr 19 15. Apr 19 500,000 A$0.04 A$21,800
31. Mar 19 Buy Darren Carter Individual 13. Nov 18 13. Nov 18 6,006,333 A$0.03 A$180,184
31. Mar 19 Sell Darren Carter Individual 05. Jun 18 29. Mar 19 -17,535,223 A$0.05 A$-789,455
03. Sep 18 Buy Malcolm Norris Individual 31. Aug 18 31. Aug 18 200,000 A$0.03 A$6,200
X
Management checks
We assess Sunstone Metals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sunstone Metals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Sunstone Metals Limited's (ASX:STM) CEO Being Overpaid?

View our latest analysis for Sunstone Metals How Does Malcolm Norris's Compensation Compare With Similar Sized Companies? … Our data indicates that Sunstone Metals Limited is worth AU$49m, and total annual CEO compensation is AU$375k. … ASX:STM CEO Compensation, May 14th 2019 Is Sunstone Metals Limited Growing?

Simply Wall St -

Do Insiders Own Lots Of Shares In Sunstone Metals Limited (ASX:STM)?

The big shareholder groups in Sunstone Metals Limited (ASX:STM) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Sunstone Metals is a smaller company with a market capitalization of AU$54m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Is Sunstone Metals Limited's (ASX:STM) Balance Sheet Strong Enough To Weather A Storm?

The direct benefit for Sunstone Metals Limited (ASX:STM), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is financial flexibility worth the lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

One Thing To Remember About The Sunstone Metals Limited (ASX:STM) Share Price

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

How Much Of Sunstone Metals Limited (ASX:STM) Do Insiders Own?

If you want to know who really controls Sunstone Metals Limited (ASX:STM), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$33m, Sunstone Metals is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Sunstone Metals

Simply Wall St -

Has Sunstone Metals Limited (ASX:STM) Improved Earnings Growth In Recent Times?

When Sunstone Metals Limited (ASX:STM) released its most recent earnings update (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Being able to interpret how well Sunstone Metals has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. … STM is loss-making, with the most recent trailing twelve-month earnings of -AU$1.97m (from 31 December 2017), which compared to last year has become

Simply Wall St -

November Top Growth Companies

With the stock's market cap sitting at AUD A$20.38M, it falls under the small-cap category STM’s projected future profit growth is an exceptional 54.99%, with an underlying triple-digit growth from its revenues expected over the upcoming years. … RFX’s projected future profit growth is an exceptional 93.03%, with an underlying triple-digit growth from its revenues expected over the upcoming years. … ASX:RFX Future Profit Nov 3rd 17 Audinate Group Limited (ASX:AD8) Audinate Group Limited provides professional digital audio networking technologies worldwide.

Simply Wall St -

Company Info

Description

Sunstone Metals Limited engages in the exploration and development of mineral properties. It explores for copper, gold, silver, zinc, and iron ore deposits. It holds 100% interest in the Viscaria copper project located to the north of the Stockholm in the Kiruna region in Sweden; Bramaderos project covering 4,949 hectares located in Loja province, Southern Ecuador; and the Southern Finland gold project located to the north-west of Helsinki in southern Finland. The company was formerly known as Avalon Minerals Limited. Sunstone Metals Limited is headquartered in Milton, Australia.

Details
Name: Sunstone Metals Limited
STM
Exchange: ASX
Founded:
A$41,508,790
1,220,846,776
Website: http://www.sunstonemetals.com.au
Address: Sunstone Metals Limited
9 Gardner Close,
Milton,
Queensland, 4064,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX STM Ordinary Shares Australian Securities Exchange AU AUD 22. Mar 2007
DB AL9 Ordinary Shares Deutsche Boerse AG DE EUR 22. Mar 2007
BST AL9 Ordinary Shares Boerse-Stuttgart DE EUR 22. Mar 2007
CHIA STM Ordinary Shares Chi-X Australia AU AUD 22. Mar 2007
ASX STM NPV Australian Securities Exchange AU AUD 26. May 2019
CHIA STM NPV Chi-X Australia AU AUD 26. May 2019
Number of employees
Current staff
Staff numbers
0
Sunstone Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 10:31
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2017/09/06
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.