Zenith Minerals (ASX:ZNC) - Stock Price, News & Analysis

ZNC Stock Overview

Engages in the exploration of mineral properties in Australia and Turkey. More details

ZNC fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$668K)

Volatile share price over the past 3 months compared to the Australian market

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap (A$16M)

+ 1 more risk

Zenith Minerals Limited Competitors

Arrow Minerals

ASX:AMD

AU$26.0m

WestStar Industrial

ASX:WSI

AU$13.0m

WA Kaolin

ASX:WAK

AU$30.9m

Summit Minerals

ASX:SUM

AU$14.0m

Price History & Performance

Summary of all time highs, changes and price drops for Zenith Minerals
Historical stock prices
Current Share Price	AU$0.043
52 Week High	AU$0.18
52 Week Low	AU$0.035
Beta	1.37
11 Month Change	-4.44%
3 Month Change	2.38%
1 Year Change	-73.94%
33 Year Change	-81.70%
5 Year Change	-20.37%
Change since IPO	-88.53%

Recent updates

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

Jan 14

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

Shareholder Returns

	ZNC	AU Metals and Mining	AU Market
7D	2.4%	-0.9%	1.5%
1Y	-73.9%	-12.8%	17.2%

Return vs Industry: ZNC underperformed the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: ZNC underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is ZNC's price volatile compared to industry and market?
ZNC volatility
ZNC Average Weekly Movement	14.1%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: ZNC's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: ZNC's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Andrew R. Smith	www.zenithminerals.com.au

Zenith Minerals Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia and Turkey. It explores for gold, lithium, nickel, base metal, manganese, tantalum, copper, zinc, lead, and silver deposits. The company holds interests in the Dulcie Far North project located in Western Australia; the Red Mountain property situated in Queensland; and the Waratah Well and Split Rocks projects located in Western Australia.

Zenith Minerals Limited Fundamentals Summary

How do Zenith Minerals's earnings and revenue compare to its market cap?
ZNC fundamental statistics
Market cap	AU$16.41m
Earnings (TTM)	-AU$4.47m
Revenue (TTM)	AU$668.32k

24.6x

P/S Ratio

-3.7x

P/E Ratio

Is ZNC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZNC income statement (TTM)
Revenue	AU$668.32k
Cost of Revenue	AU$0
Gross Profit	AU$668.32k
Other Expenses	AU$5.14m
Earnings	-AU$4.47m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.012
Gross Margin	100.00%
Net Profit Margin	-669.37%
Debt/Equity Ratio	0%

How did ZNC perform over the long term?

See historical performance and comparison

ZNC Stock Overview

Risk Analysis

Zenith Minerals Limited Competitors

ASX:AMD

AU$26.0m

ASX:WSI

AU$13.0m

ASX:WAK

AU$30.9m

ASX:SUM

AU$14.0m

Price History & Performance

Recent News & Updates

Zenith Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.065 million.

Zenith Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million.

New minor risk - Shareholder dilution

Zenith Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.44 million.

Zenith Minerals Limited, Annual General Meeting, Nov 25, 2024

New minor risk - Profitability

Recent updates

Zenith Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.065 million.

Zenith Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million.

New minor risk - Shareholder dilution

Zenith Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.44 million.

Zenith Minerals Limited, Annual General Meeting, Nov 25, 2024

New minor risk - Profitability

New minor risk - Share price stability

New major risk - Market cap size

Zenith Minerals Limited Announces Executive Changes

First half 2024 earnings released: AU$0.01 loss per share (vs AU$0.011 loss in 1H 2023)

New major risk - Financial position

Zenith Minerals Limited, Annual General Meeting, Apr 02, 2024

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

Zenith Minerals Limited Appoints Andrew Grove as A Non-Executive Director

Zenith Minerals Limited Announces Board Changes

Full year 2023 earnings released: AU$0.026 loss per share (vs AU$0.004 profit in FY 2022)

New major risk - Revenue and earnings growth

Zenith Minerals Limited, Annual General Meeting, Nov 17, 2023

QMines Limited agreed to acquire Develin Creek Copper-Zinc Project from Zenith Minerals Limited for AUD 4.5 million.

First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 profit in 1H 2022)

Zenith Minerals Limited Announces Further Lithium Pegmatite Drill Results from the Split Rocks Lithium Project in Western Australia

Zenith Minerals Limited Reports a Major New Lithium Geochemical Target At the Split Rocks Lithium Project in Western Australia

Zenith Minerals Limited Announces Resignation of Emma Scotney as Non-Executive Director

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