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WCN

White Cliff MineralsASX:WCN Stock Report

Market Cap

AU$6.5m

7D

0%

1Y

-51.9%

Updated

16 Oct, 2021

Data

Company Financials
WCN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

WCN Overview

White Cliff Minerals Limited engages in the exploration and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for White Cliff Minerals
Historical stock prices
Current Share PriceAU$0.013
52 Week HighAU$0.011
52 Week LowAU$0.055
Beta1.26
1 Month Change-3.85%
3 Month Change-3.85%
1 Year Change-51.92%
3 Year Change-34.21%
5 Year Change-97.22%
Change since IPO-99.90%

Recent News & Updates

Shareholder Returns

WCNAU Metals and MiningAU Market
7D0%4.3%0.9%
1Y-51.9%12.2%20.2%

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

Return vs Market: WCN underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is WCN's price volatile compared to industry and market?
WCN volatility
WCN Beta1.26
Industry Beta0.97
Market Beta1

Stable Share Price: WCN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: WCN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2007n/an/ahttps://www.wcminerals.com.au

White Cliff Minerals Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, copper, nickel, and cobalt minerals. The company holds 100% interests in the Coglia Well, Coronation Dam, and Ghan Well cobalt and nickel projects located in the north-eastern goldfields of Western Australia, as well as the Ironstone and Laverton gold projects situated in Western Australia.

White Cliff Minerals Fundamentals Summary

How do White Cliff Minerals's earnings and revenue compare to its market cap?
WCN fundamental statistics
Market CapAU$6.46m
Earnings (TTM)-AU$2.01m
Revenue (TTM)AU$10.00k

1.3kx

P/S Ratio

-3.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WCN income statement (TTM)
RevenueAU$10.00k
Cost of RevenueAU$0
Gross ProfitAU$10.00k
ExpensesAU$2.02m
Earnings-AU$2.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0039
Gross Margin100.00%
Net Profit Margin-20,104.92%
Debt/Equity Ratio0.0%

How did WCN perform over the long term?

See historical performance and comparison

Valuation

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

2.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: WCN is good value based on its PB Ratio (2.1x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is White Cliff 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 White Cliff 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 White Cliff Minerals performed over the past 5 years?

35.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WCN is currently unprofitable.

Growing Profit Margin: WCN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WCN is unprofitable, but has reduced losses over the past 5 years at a rate of 35.8% per year.

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

Earnings vs Industry: WCN 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: WCN has a negative Return on Equity (-63.79%), as it is currently unprofitable.


Financial Health

How is White Cliff Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: WCN's short term assets (A$2.2M) exceed its short term liabilities (A$118.6K).

Long Term Liabilities: WCN's short term assets (A$2.2M) exceed its long term liabilities (A$93.0K).


Debt to Equity History and Analysis

Debt Level: WCN is debt free.

Reducing Debt: WCN had no debt 5 years ago.


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: WCN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WCN has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.4% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

2.6yrs

Average board tenure


CEO

White Cliff Minerals has no CEO, or we have no data on them.


Board Members

Experienced Board: WCN's board of directors are not considered experienced ( 2.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: White Cliff Minerals Limited
  • Ticker: WCN
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$6.465m
  • Shares outstanding: 517.20m
  • Website: https://www.wcminerals.com.au

Location

  • White Cliff Minerals Limited
  • 99 St Georges Terrace
  • Level 8
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/15 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.