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ZMI

Zinc of IrelandASX:ZMI Stock Report

Market Cap

AU$9.0m

7D

-7.0%

1Y

12.8%

Updated

04 Dec, 2021

Data

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

ZMI Stock Overview

Zinc of Ireland NL operates as a mineral exploration and development company in Ireland.

Price History & Performance

Summary of all time highs, changes and price drops for Zinc of Ireland
Historical stock prices
Current Share PriceAU$0.053
52 Week HighAU$0.072
52 Week LowAU$0.042
Beta0.80
1 Month Change-3.64%
3 Month Change6.00%
1 Year Change12.77%
3 Year Change-33.75%
5 Year Change-75.91%
Change since IPO-82.33%

Recent News & Updates

Shareholder Returns

ZMIAU Metals and MiningAU Market
7D-7.0%1.3%-0.6%
1Y12.8%4.2%10.2%

Return vs Industry: ZMI exceeded the Australian Metals and Mining industry which returned 4.2% over the past year.

Return vs Market: ZMI exceeded the Australian Market which returned 10.2% over the past year.

Price Volatility

Is ZMI's price volatile compared to industry and market?
ZMI volatility
ZMI Average Weekly Movement9.2%
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market3.7%

Stable Share Price: ZMI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ZMI's weekly volatility (9%) has been stable over the past year.

About the Company

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

Zinc of Ireland NL operates as a mineral exploration and development company in Ireland. The company explores for zinc, gold, lead, and silver deposits. Its flagship project is the Kildare project located southwest of Dublin.

Zinc of Ireland Fundamentals Summary

How do Zinc of Ireland's earnings and revenue compare to its market cap?
ZMI fundamental statistics
Market CapAU$8.97m
Earnings (TTM)-AU$644.03k
Revenue (TTM)n/a

0.0x

P/S Ratio

-13.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZMI income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$644.03k
Earnings-AU$644.03k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0038
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did ZMI perform over the long term?

See historical performance and comparison

Valuation

Is Zinc of Ireland undervalued compared to its fair value and its price relative to the market?

1.27x

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 Australian 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 (1.3x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Zinc of Ireland forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.2%

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.


Past Performance

How has Zinc of Ireland performed over the past 5 years?

29.2%

Historical annual 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: ZMI is unprofitable, but has reduced losses over the past 5 years at a rate of 29.2% per year.

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 (35.3%).


Return on Equity

High ROE: ZMI has a negative Return on Equity (-9.09%), as it is currently unprofitable.


Financial Health

How is Zinc of Ireland's financial position?


Financial Position Analysis

Short Term Liabilities: ZMI's short term assets (A$527.0K) exceed its short term liabilities (A$274.3K).

Long Term Liabilities: ZMI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ZMI is debt free.

Reducing Debt: ZMI currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: 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 grow at historical rates of 2.4% each year.


Dividend

What is Zinc of Ireland current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ZMI'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 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average board tenure


CEO

Zinc of Ireland has no CEO, or we have no data on them.


Board Members

Experienced Board: ZMI's board of directors are considered experienced (3.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ZMI 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 39.2%.


Top Shareholders

Company Information

Zinc of Ireland NL's employee growth, exchange listings and data sources


Key Information

  • Name: Zinc of Ireland NL
  • Ticker: ZMI
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$8.969m
  • Shares outstanding: 169.23m
  • Website: https://www.zincofireland.com

Location

  • Zinc of Ireland NL
  • 431 Roberts Road
  • Suite B9
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 07:04
End of Day Share Price2021/12/03 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.