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ZNC

Zenith MineralsASX:ZNC Stock Report

Market Cap

AU$75.9m

7D

4.2%

1Y

78.6%

Updated

19 Oct, 2021

Data

Company Financials
ZNC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

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

Summary of all time highs, changes and price drops for Zenith Minerals
Historical stock prices
Current Share PriceAU$0.25
52 Week HighAU$0.11
52 Week LowAU$0.33
Beta1.52
1 Month Change2.04%
3 Month Change-3.85%
1 Year Change78.57%
3 Year Change197.62%
5 Year Change108.33%
Change since IPO-33.33%

Recent News & Updates

Shareholder Returns

ZNCAU Metals and MiningAU Market
7D4.2%3.9%1.7%
1Y78.6%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

Is ZNC's price volatile compared to industry and market?
ZNC volatility
ZNC Beta1.52
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2006n/aMick Cliffordhttps://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

How do Zenith Minerals's earnings and revenue compare to its market cap?
ZNC fundamental statistics
Market CapAU$75.93m
Earnings (TTM)AU$795.29k
Revenue (TTM)AU$247.24k

101.6x

P/E Ratio

328.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZNC income statement (TTM)
RevenueAU$247.24k
Cost of RevenueAU$0
Gross ProfitAU$247.24k
Expenses-AU$548.05k
EarningsAU$795.29k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0025
Gross Margin100.00%
Net Profit Margin321.67%
Debt/Equity Ratio0.0%

How did ZNC perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:04
End of Day Share Price2021/10/19 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.