How does MRDDB's PS Ratio compare to its peers?

MRDDB is good value based on its Price-To-Sales Ratio (7.2x) compared to the peer average (19.2x).

How does MRDDB's PS Ratio compare vs other companies in the AU Metals and Mining Industry?

MRDDB is good value based on its Price-To-Sales Ratio (7.2x) compared to the Australian Metals and Mining industry average (58x).

What is MRDDB's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MRDDB's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of MRDDB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate MRDDB's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

MRDDB Stock Overview

Explores for mineral properties in Australia. More details

MRDDB fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 42.9% per year over past 5 years

Shares are highly illiquid

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

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Mount Ridley Mines Limited Competitors

Thunderbird Resources

ASX:THB

AU$6.6m

Surefire Resources

ASX:SRN

AU$8.3m

Ragnar Metals

ASX:RAG

AU$9.5m

Canterbury Resources

ASX:CBY

AU$4.9m

Price History & Performance

Summary of share price highs, lows and changes for Mount Ridley Mines
Historical stock prices
Current Share Price	AU$0.003
52 Week High	AU$0.004
52 Week Low	AU$0.002
Beta	0.18
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	50.00%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	MRDDB	AU Metals and Mining	AU Market
7D	n/a	-5.2%	-2.7%
1Y	n/a	-19.5%	6.5%

Return vs Industry: Insufficient data to determine how MRDDB performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how MRDDB performed against the Australian Market.

Price Volatility

Is MRDDB's price volatile compared to industry and market?
MRDDB volatility
MRDDB Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

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

Volatility Over Time: Insufficient data to determine MRDDB's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2000	n/a	n/a	mtridleymines.com.au

Mount Ridley Mines Limited explores for mineral properties in Australia. The company explores for nickel, iron, copper, and gold deposits, as well as platinum-group elements and rare earth elements. It primarily holds 100% interests in the Mount Ridley project that consists of 9 granted exploration licenses, which covers an area of approximately 3,400 square kilometers located in the Western Australia; and the Weld Range West project located in Western Australia.

Mount Ridley Mines Limited Fundamentals Summary

How do Mount Ridley Mines's earnings and revenue compare to its market cap?
MRDDB fundamental statistics
Market cap	AU$7.78m
Earnings (TTM)	-AU$1.99m
Revenue (TTM)	AU$1.09m

7.2x

P/S Ratio

-3.9x

P/E Ratio

Is MRDDB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRDDB income statement (TTM)
Revenue	AU$1.09m
Cost of Revenue	AU$0
Gross Profit	AU$1.09m
Other Expenses	AU$3.07m
Earnings	-AU$1.99m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0026
Gross Margin	100.00%
Net Profit Margin	-182.71%
Debt/Equity Ratio	0%

How did MRDDB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 05:43
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mount Ridley Mines Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution