| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ZNC Overview
Zenith Minerals Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia, Turkey, Europe, and the United States.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.25 |
| 52 Week High | AU$0.11 |
| 52 Week Low | AU$0.33 |
| Beta | 1.52 |
| 1 Month Change | 2.04% |
| 3 Month Change | -3.85% |
| 1 Year Change | 78.57% |
| 3 Year Change | 197.62% |
| 5 Year Change | 108.33% |
| Change since IPO | -33.33% |
Recent News & Updates
Shareholder Returns
| ZNC | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 4.2% | 3.9% | 1.7% |
| 1Y | 78.6% | 13.3% | 20.3% |
Return vs Industry: ZNC exceeded the Australian Metals and Mining industry which returned 13.3% over the past year.
Return vs Market: ZNC exceeded the Australian Market which returned 20.3% over the past year.
Price Volatility
| ZNC volatility | |
|---|---|
| ZNC Beta | 1.52 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: ZNC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: ZNC's weekly volatility (11%) 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 primarily holds a 100% interest in the Develin Creek Copper-Zinc project and Red Mountain gold project located in Queensland; and Split Rocks project situated in Western Australia.
Zenith Minerals Fundamentals Summary
| ZNC fundamental statistics | |
|---|---|
| Market Cap | AU$75.93m |
| Earnings (TTM) | AU$795.29k |
| Revenue (TTM) | AU$247.24k |
101.6x
P/E Ratio328.9x
P/S RatioIs ZNC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ZNC income statement (TTM) | |
|---|---|
| Revenue | AU$247.24k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$247.24k |
| Expenses | -AU$548.05k |
| Earnings | AU$795.29k |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0025 |
| Gross Margin | 100.00% |
| Net Profit Margin | 321.67% |
| Debt/Equity Ratio | 0.0% |
How did ZNC perform over the long term?
See historical performance and comparisonValuation
Is Zenith Minerals undervalued compared to its fair value and its price relative to the market?
101.63x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ZNC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ZNC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ZNC is poor value based on its PE Ratio (101.6x) compared to the Australian Metals and Mining industry average (14.7x).
PE vs Market: ZNC is poor value based on its PE Ratio (101.6x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZNC is overvalued based on its PB Ratio (6.2x) compared to the AU Metals and Mining industry average (2.5x).
Future Growth
How is Zenith Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.2%
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 Zenith 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 Zenith Minerals performed over the past 5 years?
29.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZNC has a high level of non-cash earnings.
Growing Profit Margin: ZNC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ZNC has become profitable over the past 5 years, growing earnings by 29.1% per year.
Accelerating Growth: ZNC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ZNC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: ZNC's Return on Equity (6.1%) is considered low.
Financial Health
How is Zenith Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: ZNC's short term assets (A$6.6M) exceed its short term liabilities (A$340.7K).
Long Term Liabilities: ZNC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZNC is debt free.
Reducing Debt: ZNC has not had any debt for past 5 years.
Debt Coverage: ZNC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZNC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Zenith Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZNC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZNC'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 ZNC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZNC'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 ZNC'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?
1.0yrs
Average management tenure
CEO
Mick Clifford
7.58yrs
Tenure
AU$437,242
Compensation
Mr. Michael Joseph Clifford, also known as Mick, BSc (Hons), MSc, MAIG, serves as Chief Executive Officer of Zenith Minerals Limited and served as its Managing Director since March 18, 2014 until November...
CEO Compensation Analysis
Compensation vs Market: Mick's total compensation ($USD324.05K) is about average for companies of similar size in the Australian market ($USD301.95K).
Compensation vs Earnings: Mick's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ZNC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: ZNC's board of directors are considered experienced (7.6 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.8%.
Top Shareholders
Company Information
Zenith Minerals Limited's employee growth, exchange listings and data sources
Key Information
- Name: Zenith Minerals Limited
- Ticker: ZNC
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$75.931m
- Shares outstanding: 323.11m
- Website: https://www.zenithminerals.com.au
Number of Employees
Location
- Zenith Minerals Limited
- 33 Ord Street
- 2nd Floor
- West Perth
- Western Australia
- 6005
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/19 07:04 |
| End of Day Share Price | 2021/10/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.