Zenith Minerals Limited (ASX:ZNC) Stock Price & Quote Analysis

ZNC Stock Overview

Zenith Minerals Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia, Turkey, Europe, and the United States.

ZNC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings grew by 84.2% over the past year

Risk Analysis

High level of non-cash earnings

Makes less than USD$1m in revenue (A$1M)

Profit margins are lower than last year

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

New

Notes are coming soon

Zenith Minerals Limited Competitors

MLG Oz

ASX:MLG

AU$59.0m

Challenger Exploration

ASX:CEL

AU$183.0m

Image Resources

ASX:IMA

AU$157.1m

Red River Resources

ASX:RVR

AU$37.8m

Price History & Performance

Summary of all time highs, changes and price drops for Zenith Minerals
Historical stock prices
Current Share Price	AU$0.24
52 Week High	AU$0.46
52 Week Low	AU$0.22
Beta	1.37
1 Month Change	-7.55%
3 Month Change	-14.04%
1 Year Change	-23.44%
3 Year Change	353.70%
5 Year Change	32.43%
Change since IPO	-34.67%

Recent updates

Zenith Minerals' (ASX:ZNC) Robust Profit May Be Overstating Its True Earnings Potential

Mar 23

Zenith Minerals (ASX:ZNC) Is In A Good Position To Deliver On Growth Plans

May 18

How Much Is Zenith Minerals Limited (ASX:ZNC) CEO Getting Paid?

Jan 25

Shareholder Returns

	ZNC	AU Metals and Mining	AU Market
7D	0%	0.4%	0.6%
1Y	-23.4%	9.3%	3.5%

Return vs Industry: ZNC underperformed the Australian Metals and Mining industry which returned 9.3% over the past year.

Return vs Market: ZNC underperformed the Australian Market which returned 3.5% over the past year.

Price Volatility

Is ZNC's price volatile compared to industry and market?
ZNC volatility
ZNC Average Weekly Movement	7.2%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	15.7%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: ZNC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ZNC's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Mick Clifford	https://www.zenithminerals.com.au

Zenith Minerals Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia, Turkey, Europe, and the United States. The company explores for gold, lithium, base metal, manganese, tantalum, copper, zinc, lead, and silver deposits. It holds 100% interest in the Develin Creek Copper-Zinc project; Red Mountain gold project; the Privateer gold project; and the Auburn gold project located in Queensland.

Zenith Minerals Limited Fundamentals Summary

How do Zenith Minerals's earnings and revenue compare to its market cap?
ZNC fundamental statistics
Market Cap	AU$86.17m
Earnings (TTM)	AU$1.47m
Revenue (TTM)	AU$1.12m

58.8x

P/E Ratio

77.0x

P/S Ratio

Is ZNC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZNC income statement (TTM)
Revenue	AU$1.12m
Cost of Revenue	AU$0
Gross Profit	AU$1.12m
Other Expenses	-AU$346.70k
Earnings	AU$1.47m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.0042
Gross Margin	100.00%
Net Profit Margin	131.00%
Debt/Equity Ratio	0%

How did ZNC perform over the long term?

See historical performance and comparison

ZNC Stock Overview

Rewards

Risk Analysis

Zenith Minerals Limited Competitors

ASX:MLG

AU$59.0m

ASX:CEL

AU$183.0m

ASX:IMA

AU$157.1m

ASX:RVR

AU$37.8m

Price History & Performance

Recent News & Updates

Zenith Minerals Announces Significant Gold Assay Results Have Been Returned from the Dulcie Far North Prospect, Within the Company's Split Rocks Gold Project

Zenith Minerals Reports High-Grade Lithium Drill Results at Waratah Well

Zenith Minerals Limited Announces Drilling Update - Dulcie Gold Trend

Less than half of directors are independent

Zenith Minerals Limited Announces Management Changes

Independent Non-Executive Director exercised options to buy AU$400k worth of stock.

Recent updates

Zenith Minerals Announces Significant Gold Assay Results Have Been Returned from the Dulcie Far North Prospect, Within the Company's Split Rocks Gold Project

Zenith Minerals Reports High-Grade Lithium Drill Results at Waratah Well

Zenith Minerals Limited Announces Drilling Update - Dulcie Gold Trend

Less than half of directors are independent

Zenith Minerals Limited Announces Management Changes

Independent Non-Executive Director exercised options to buy AU$400k worth of stock.

Zenith Minerals Limited Returns Significant Lithium Diamond Drilling Intersects Thick-High Grade Lithium Pegmatites At Split Rocks

Zenith Minerals Limited Commences Commences Lithium Drilling at the Waratah Well Project in Western Australia

Zenith Minerals Limited Provides Update on the Waratah Well Ni-Cu-PGE drill target in Western Australia

Zenith Minerals Limited Drilling Commenced at Mt Ida North Lithium Project in WA

Zenith Minerals Limited, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.003 in FY 2021)

Zenith Minerals Limited Announces That Follow-Up Rc Drilling Intersects Widespread Thick, Lithium Pegmatites At the Split Rocks Project in Western Australia

Zenith Minerals Limited Defines New Ni-Cu-PGE Drill Target

Zenith Minerals Limited Defines New Ni-Cu-PGE Drill Target

Zenith Minerals Limited Announces Three New Significant Developments Arising from Drilling Activity At the Earaheedy Joint Venture Zinc Project Located in Western Australia

Zenith Minerals Announces Resource Update

Zenith Minerals Announces Resource Update

Zenith Minerals Limited Announces Positive Lithium Metallurgy

Zenith Minerals Limited Recommences Drilling At Spilt Rocks Lithium Project

Zenith Minerals Limited Provides a Update on Drilling Activities at Earaheedy Zinc Joint Venture Project in Western Australia

Zenith Minerals Limited Announces New Lithium Pegmatites Intersected At Waratah Well Project

Executive Chairman recently bought AU$52k worth of stock

Alien Metals Ltd (AIM:UFO) completed the acquisition of Vivash Gorge Iron Ore Project in Pilbara from Zenith Minerals Limited (ASX:ZNC) for AUD 0.36 million

Zenith Minerals Limited Reports New High-Grade Drill Results from One of its Existing Gold Projects, Split Rocks, Located in Western Australia

Zenith Minerals Limited Receives Further High-Grade Copper-Zinc Drill Results from the Company's 100% Owned, Develin Creek Project Located in Queensland

Executive Chairman recently bought AU$63k worth of stock

Alien Metals Ltd (AIM:UFO) entered into a binding agreement to acquire Vivash Gorge Iron Ore Project in Pilbara from Zenith Minerals Limited (ASX:ZNC) for AUD 0.36 million.

Zenith Minerals Limited Provides an Update on Drilling Activities At the Company's Earaheedy Zinc Joint Venture Project Located in Western Australia

Zenith Minerals Limited Announces Commencement of Drilling At Waratah Well Lithium Project

Zenith Minerals Limited Appoints David Ledger as Executive Chairman

Insufficient new directors

Zenith Minerals Limited Announces Yalgoo Potash Brine Project in Western Australia Secured Through Three 100% Owned Exploration Licences

Zenith Minerals Limited Announces Update on Second New QLD Gold Project

Zenith Minerals Limited Announces Significant Lithium Drill Results at Split Rocks Project

Zenith Minerals Limited Announces Update on New QLD Gold Project

Zenith Minerals' (ASX:ZNC) Robust Profit May Be Overstating Its True Earnings Potential

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Zenith Minerals Limited Announces Further High-Grade and Continuous Mineralisation at Chinook

Zenith Minerals Limited Announces Drilling Commenced on High-Grade Kalitan Feeder Zone

Zenith Minerals Limited Announces Best Drill Intersection to Date at Earaheedy Zinc Project

Zenith Minerals Limited Announces Drilling Commences Waratah Well Lithium Tantalum Target

Zenith Minerals Limited announced that it has received AUD 6 million in funding from EV Metals Group PLC

Zenith Minerals Limited Reports Drill Results from One of its Existing Gold Projects, Split Rocks, Located in Western Australia

Zenith Minerals Limited announced that it expects to receive AUD 6 million in funding from EV Metals Group plc

Zenith Minerals Limited Announces High-Grade Copper Confirmed At Scorpion Deposit - Develin Creek Project

Zenith Minerals Limited Announces Feeder Fault Mineralisation and Mineralised Zone At Navajoh New Feeder Fault Zone

Rumble Resources Limited Updates on Ongoing Scoping Drill Program At the Earaheedy Project

Independent Non-Executive Director Graham Riley has left the company

Insufficient new directors

Zenith Minerals Limited Announces Massive Sulphides Been Intersected at the Snook Prospect

CEO & Executive Director exercised options to buy AU$92k worth of stock.

Full year 2021 earnings released: EPS AU$0.003 (vs AU$0.002 loss in FY 2020)

Zenith Minerals Limited Announces Earaheedy Zinc Joint Venture Expansion of Drill Program

Zenith Minerals Limited Visions to Build A Gold and Base Metals Business with A Team of Proven Project Finders

Zenith Minerals Limited Announces Additional High-Grade Gold Zones Defined at Split Rocks

Zenith Minerals Limited Announces Strong Massive Copper Sulphide Results in Twin Hole Program at Develin Creek Project

Zenith Minerals Limited Announces Outstanding High-Grade Gold Results from Split Rocks Project

Bindi Metals Limited signed a binding heads of agreement to acquire non-core Flanagans copper-gold tenement in Queensland from Zenith Minerals Limited (ASX:ZNC) for AUD 0.45 million.