Executive Summary
Zenith Minerals Limited, together with its subsidiaries, engages in the identification, exploration, and development of base, industrial, and precious metals in Australia, Turkey, Mexico, and the United States.
Snowflake
Fundamentals
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Zenith Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-10.0%
ZNC
-3.4%
AU Metals and Mining
0.4%
AU Market
1 Year Return
-25.0%
ZNC
8.1%
AU Metals and Mining
9.8%
AU Market
Return vs Industry: ZNC underperformed the Australian Metals and Mining industry which returned 8.1% over the past year.
Return vs Market: ZNC underperformed the Australian Market which returned 9.8% over the past year.
Shareholder returns
| ZNC | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.0% | -3.4% | 0.4% |
| 30 Day | 0% | -7.4% | -1.3% |
| 90 Day | -19.2% | -13.2% | -0.5% |
| 1 Year | -25.0%-25.0% | 15.6%8.1% | 16.1%9.8% |
| 3 Year | -47.5%-47.5% | 55.8%37.1% | 36.1%17.9% |
| 5 Year | -19.0%-21.2% | 53.9%19.0% | 49.4%15.7% |
Price Volatility Vs. Market
How volatile is Zenith Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Those Who Purchased Zenith Minerals (ASX:ZNC) Shares A Year Ago Have A 50% Loss To Show For It4 months ago | Simply Wall St
Does The Zenith Minerals Limited (ASX:ZNC) Share Price Tend To Follow The Market?5 months ago | Simply Wall St
If You Had Bought Zenith Minerals (ASX:ZNC) Stock A Year Ago, You'd Be Sitting On A 69% Loss, TodayValuation
Is Zenith Minerals undervalued compared to its fair value and its price relative to the market?
3.02x
Price to Book (PB) 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 unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ZNC 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 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 (3x) compared to the AU Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Zenith Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
2.9%
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.
Next Steps
- Examine Zenith Minerals'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.
- Zenith Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Zenith Minerals performed over the past 5 years?
38.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: ZNC is unprofitable, but has reduced losses over the past 5 years at a rate of 38.3% per year.
Accelerating Growth: Unable to compare ZNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZNC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).
Return on Equity
High ROE: ZNC has a negative Return on Equity (-15.68%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: ZNC is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: ZNC is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Zenith Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: ZNC's short term assets (A$1.1M) exceeds its short term liabilities (A$195.9K)
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.
Balance Sheet
Inventory Level: ZNC has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ZNC'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: ZNC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZNC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -13.8% each year
Next Steps
Dividend
What is Zenith Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate ZNC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ZNC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
What is the CEO of Zenith Minerals's salary, the management and board of directors tenure and is there insider trading?
6.0yrs
Average board tenure
CEO
Mick Clifford 0
5.6yrs
Tenure
AU$295,894
Compensation
Mr. Michael Joseph Clifford, also known as Mick, BSc (Hons), MSc, MAIG), has been Managing Director of Zenith Minerals Limited since March 18, 2014 and serves as its Chief Executive Officer. Mr. Clifford s ...
CEO Compensation Analysis
Compensation vs. Market: Mick's total compensation ($USD202.57K) is about average for companies of similar size in the Australian market ($USD257.37K).
Compensation vs Earnings: Mick's compensation has increased whilst the company is unprofitable.
Board Age and Tenure
6.0yrs
Average Tenure
Experienced Board: ZNC's board of directors are considered experienced (6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 271,870 |
| Max Price | AU$0.065 |
| Entity | Individual |
| Role | Chief Executive Officer MD & Director |
| Shares | 100,000 |
| Max Price | AU$0.067 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 1,870 |
| Max Price | AU$0.08 |
Ownership Breakdown
Management Team
Mick Clifford
MD & Director
- Tenure: 5.6yrs
- Compensation: AU$295.89k
Melinda Nelmes
Company Secretary & CFO
- Tenure: 5.6yrs
- Compensation: AU$112.60k
Board Members
Graham Riley (67yo)
Non-Executive Director
- Tenure: 1.4yrs
- Compensation: AU$32.85k
Stan Macdonald (78yo)
Non-Executive Director
- Tenure: 13.5yrs
- Compensation: AU$32.85k
Mike Joyce
Non-Executive Chairman
- Tenure: 6yrs
- Compensation: AU$43.80k
Mick Clifford
MD & Director
- Tenure: 5.6yrs
- Compensation: AU$295.89k
Julian Goldsworthy
Non-Executive Director
- Tenure: 6.2yrs
- Compensation: AU$32.85k
Company Information
Zenith Minerals Limited's company bio, 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$13.426m
- Shares outstanding: 213.11m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ZNC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | May 2007 |
| ZCB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 2007 |
| ZNC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | May 2007 |
Biography
Zenith Minerals Limited, together with its subsidiaries, engages in the identification, exploration, and development of base, industrial, and precious metals in Australia, Turkey, Mexico, and the United St ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 10:33 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.