SUM Stock Overview
Engages in the acquisition, exploration, and development of battery mineral projects in Australia.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Summit Minerals Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.27 |
| 52 Week High | AU$0.58 |
| 52 Week Low | AU$0.06 |
| Beta | -1.19 |
| 11 Month Change | 25.58% |
| 3 Month Change | -46.00% |
| 1 Year Change | 92.86% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 80.00% |
Recent News & Updates
Recent updates
Shareholder Returns
| SUM | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 1.9% | 3.6% | 1.5% |
| 1Y | 92.9% | -9.3% | 15.2% |
Return vs Industry: SUM exceeded the Australian Metals and Mining industry which returned -9.3% over the past year.
Return vs Market: SUM exceeded the Australian Market which returned 15.2% over the past year.
Price Volatility
| SUM volatility | |
|---|---|
| SUM Average Weekly Movement | 19.8% |
| Metals and Mining Industry Average Movement | 11.2% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in AU Market | 16.9% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: SUM's share price has been volatile over the past 3 months.
Volatility Over Time: SUM's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | n/a | Gower He | www.summitminerals.com.au |
Summit Minerals Limited engages in the acquisition, exploration, and development of battery mineral projects in Australia. The company primarily explores for uranium, gold, antimony, and pegmatite lithium deposits. It holds 100% interests in the Stallion Rare Earth Element (REE) uranium project comprising one exploration tenement that covers an area of 18 square kilometers located in south-eastern Western Australia; the Windfall Antimony project, which includes one exploration tenement that covers an area of 234 square kilometers situated in north-east New South Wales; and the Phillips River Lithium project consisting of two granted exploration tenements covering an area of 42.6 square kilometers located in Western Australia.
Summit Minerals Limited Fundamentals Summary
| SUM fundamental statistics | |
|---|---|
| Market cap | AU$23.19m |
| Earnings (TTM) | -AU$1.65m |
| Revenue (TTM) | AU$330.55k |
68.9x
P/S Ratio-13.8x
P/E RatioIs SUM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SUM income statement (TTM) | |
|---|---|
| Revenue | AU$330.55k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$330.55k |
| Other Expenses | AU$1.98m |
| Earnings | -AU$1.65m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.02 |
| Gross Margin | 100.00% |
| Net Profit Margin | -499.51% |
| Debt/Equity Ratio | 0% |
How did SUM perform over the long term?
See historical performance and comparison