Zinc of Ireland NL operates as a mineral exploration and development company in Ireland.
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Zinc of Ireland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZMI's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: ZMI underperformed the Australian Metals and Mining industry which returned 1.9% over the past year.
Return vs Market: ZMI underperformed the Australian Market which returned 10.9% over the past year.
Price Volatility Vs. Market
How volatile is Zinc of Ireland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Percentage Of Zinc of Ireland NL (ASX:ZMI) Shares Do Insiders Own?
4 months ago | Simply Wall StIs Zinc of Ireland (ASX:ZMI) In A Good Position To Deliver On Growth Plans?
10 months ago | Simply Wall StSome Zinc of Ireland (ASX:ZMI) Shareholders Are Down 11%
Is Zinc of Ireland 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 ZMI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ZMI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ZMI is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ZMI 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 ZMI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZMI is good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (1.3x).
How is Zinc of Ireland 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 Zinc of Ireland 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.
- Examine Zinc of Ireland'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.
- Zinc of Ireland competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Zinc of Ireland performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ZMI is currently unprofitable.
Growing Profit Margin: ZMI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ZMI's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ZMI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZMI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (24.1%).
Return on Equity
High ROE: ZMI has a negative Return on Equity (-8.37%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Zinc of Ireland's financial position?
Financial Position Analysis
Short Term Liabilities: ZMI's short term assets (A$3.6M) exceed its short term liabilities (A$544.3K).
Long Term Liabilities: ZMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZMI is debt free.
Reducing Debt: ZMI had no debt 5 years ago.
Inventory Level: ZMI has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ZMI's debt is covered by short term assets.
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: ZMI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZMI has less than a year of cash runway if free cash flow continues to reduce at historical rates of -41.2% each year
What is Zinc of Ireland's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ZMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ZMI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ZMI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZMI'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 ZMI'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 board tenure
Zinc of Ireland has no CEO, or we have no data on them.
|Executive Director||3.6yrs||AU$178.35k||2.41% A$175.5k|
|Non-Executive Director||1.5yrs||AU$74.42k||no data|
|Non-Executive Chairman||1.8yrs||AU$158.49k||0.82% A$60.0k|
|Alternate Director||2.8yrs||no data||no data|
|Non-Executive Director||3.3yrs||AU$82.70k||4.45% A$324.7k|
|Non-Executive Director||1.1yrs||AU$15.58k||no data|
Experienced Board: ZMI's board of directors are not considered experienced ( 2.3 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 54.2%.
Zinc of Ireland NL's company bio, employee growth, exchange listings and data sources
- Name: Zinc of Ireland NL
- Ticker: ZMI
- Exchange: ASX
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$7.292m
- Shares outstanding: 121.54m
- Website: https://www.zincofireland.com
- Zinc of Ireland NL
- 431 Roberts Road
- Unit B9
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZMI||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 2016|
|ZMI||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 2016|
|39G||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2016|
Zinc of Ireland NL operates as a mineral exploration and development company in Ireland. It explores for zinc, gold, and base metal deposits. Its flagship project is the Kildare project located southwest of Dublin. The company was formerly known as Global Metals Exploration NL and changed its name to Zinc of Ireland NL in July 2016. The company is based in Subiaco, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 10:47|
|End of Day Share Price||2020/02/26 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.