How does X64's PE Ratio compare to its peers?

X64 is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the peer average (13.5x).

How does X64's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

X64 is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the Australian Metals and Mining industry average (11x).

What is X64's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate X64's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of X64 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

X64 (A$0.57) is trading below our estimate of [[fair value]] (A$1.64)

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.

X64 Stock Overview

Engages in the exploration, evaluation, development, production, and sale of gold properties in the Asia Pacific. More details

X64 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 65.3% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Latest financial reports are more than 6 months old

Unstable dividend track record

Large one-off items impacting financial results

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Ten Sixty Four Limited Competitors

Beacon Minerals

ASX:BCN

AU$93.0m

Rand Mining

ASX:RND

AU$86.2m

Alkane Resources

ASX:ALK

AU$305.6m

Tribune Resources

ASX:TBR

AU$224.6m

Price History & Performance

Summary of share price highs, lows and changes for Ten Sixty Four
Historical stock prices
Current Share Price	AU$0.57
52 Week High	AU$0.77
52 Week Low	AU$0.50
Beta	0.58
1 Month Change	0%
3 Month Change	-0.87%
1 Year Change	-23.49%
3 Year Change	-18.57%
5 Year Change	1.79%
Change since IPO	-68.85%

Recent updates

Shareholder Returns

	X64	AU Metals and Mining	AU Market
7D	0%	-1.9%	-0.5%
1Y	-23.5%	-18.6%	8.2%

Return vs Industry: X64 underperformed the Australian Metals and Mining industry which returned -4% over the past year.

Return vs Market: X64 underperformed the Australian Market which returned -0.5% over the past year.

Price Volatility

Is X64's price volatile compared to industry and market?
X64 volatility
X64 Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	10.8%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.7%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: X64 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine X64's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2002	n/a	Jeffery McGlinn	x64.gold

Ten Sixty Four Limited, together with its subsidiaries, engages in the exploration, evaluation, development, production, and sale of gold properties in the Asia Pacific. Its flagship property is the Co-O Gold Mine, which includes 410 km² of tenements covering an area of approximately 70km of strike length located in Central Eastern Mindanao in the Republic of the Philippines. The company was formerly known as Medusa Mining Limited and changed its name to Ten Sixty Four Limited in May 2022.

Ten Sixty Four Limited Fundamentals Summary

How do Ten Sixty Four's earnings and revenue compare to its market cap?
X64 fundamental statistics
Market cap	AU$129.92m
Earnings (TTM)	AU$4.25m
Revenue (TTM)	AU$210.51m

30.6x

P/E Ratio

0.6x

P/S Ratio

Is X64 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
X64 income statement (TTM)
Revenue	US$139.96m
Cost of Revenue	US$101.29m
Gross Profit	US$38.67m
Other Expenses	US$35.85m
Earnings	US$2.82m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.012
Gross Margin	27.63%
Net Profit Margin	2.02%
Debt/Equity Ratio	0.5%

How did X64 perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

111%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/05/23 08:52
End of Day Share Price	2023/02/23 00:00
Earnings	2022/06/30
Annual Earnings	2022/06/30

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

Ten Sixty Four Limited is covered by 20 analysts. 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
Patrick Chang	Canaccord Genuity
Asa Bridle	Cantor Fitzgerald Europe
Julian Guido	CGS International

X64 Stock Overview

Rewards

Risk Analysis

Ten Sixty Four Limited Competitors

ASX:BCN

AU$93.0m

ASX:RND

AU$86.2m

ASX:ALK

AU$305.6m

ASX:TBR

AU$224.6m

Price History & Performance

Recent News & Updates

Ten Sixty Four Limited Appoints Simon Theobald as Chief Executive Officer

Ten Sixty Four Limited Announces Resignation of Robert Milbourne as Director

Ten Sixty Four Limited Announces Resignation of Mr. Andrew Brown as Non-Executive Director

Ten Sixty Four Limited Announces Executive Changes

Ten Sixty Four Limited Announces Resignation of Kate George as Non-Executive Chair

Ten Sixty Four Limited Announces Board Resignations

Recent updates

Ten Sixty Four Limited Appoints Simon Theobald as Chief Executive Officer

Ten Sixty Four Limited Announces Resignation of Robert Milbourne as Director

Ten Sixty Four Limited Announces Resignation of Mr. Andrew Brown as Non-Executive Director

Ten Sixty Four Limited Announces Executive Changes

Ten Sixty Four Limited Announces Resignation of Kate George as Non-Executive Chair

Ten Sixty Four Limited Announces Board Resignations

Ten Sixty Four Limited Provides an Update of the Progress of Phase 1 Diamond Core Drilling at the Scotties Creek Prospect at Monteagle in Queensland

Ten Sixty Four Limited Through Its Philippines Affiliate Philsaga Mining Corporation Announces A JORC Code 2012 Compliant Mineral Resource Estimate Update for the Royal Crowne Vein Gold Deposit

Ten Sixty Four Limited Announces JORC Code 2012 Compliant Mineral Resource Estimate Update for the Royal Crowne Vein Gold Deposit

Less than half of directors are independent

Ten Sixty Four Limited Announces Changes to Management Team

Ten Sixty Four Limited, Annual General Meeting, Nov 24, 2022

Independent Non-Executive Director recently bought AU$128k worth of stock

Upcoming dividend of AU$0.05 per share

Ten Sixty Four Limited Declares Dividend for the Fiscal Year 2022, Payable on October 20, 2022

Full year 2022 earnings released: EPS: US$0.012 (vs US$0.23 in FY 2021)

Ten Sixty Four Limited Provides Operating Guidance for the Fiscal Year 2022

Vitrinite Holdings Pty Ltd Solicits Proxies from the Shareholders

Ten Sixty Four Limited Provides Production Guidance for the Fiscal Year 2023

Ten Sixty Four Limited Advises of the Completion of Phase 1 Drilling At the Nivram Prospect in Queensland

Ten Sixty Four Limited Receive Notice from Vitrinite Holdings Pty Ltd

Ten Sixty Four Limited Updates Its Fy22 Guidance from the Co-O Gold Mine

Ten Sixty Four Limited Announces Management Changes

Medusa Mining Limited Appoints Aaron Treyvaud as Independent Non-Executive Director

Medusa Mining Limited Appoints Jeffery McGlinn as Executive Chairman

High number of new and inexperienced directors

Medusa Mining Limited Announces Drummond Basin Drill Program

High number of new and inexperienced directors

Now 20% undervalued

Medusa Mining Limited Announces Appointment of Paul Ryan Welker as Non Executive Director

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Medusa Mining Limited (ASX:MML) has entered into definitive documentation to acquire Ten Sixty Four Limited for AUD 13.2 million.

Medusa Mining Limited (ASX:MML) has entered into definitive documentation to acquire Ten Sixty Four Limited for AUD 13.2 million.

Medusa Mining Limited (ASX:MML) has entered into definitive documentation to acquire Ten Sixty Four Limited for AUD 13.2 million.

Medusa Mining Limited Provides Tigerway Project Update 2022

Full year 2021 earnings released: EPS US$0.23 (vs US$0.17 in FY 2020)

Medusa Mining Limited Provides Production Guidance for the Fiscal Year 2022

Medusa Mining Limited Announces the Appointment of Jeffery Mcglinn as Non-Executive Chairman, Effective 19 March 2021

Medusa Mining Limited Announces the Appointment of Andrew Teo as Managing Director, Effective 19 March 2021

First half 2021 earnings released: EPS US$0.19 (vs US$0.12 in 1H 2020)

New 90-day high: AU$0.94

Medusa Mining Limited Appoints Jeffery McGlinn as Non-Executive Director

New 90-day high: AU$0.83

New 90-day low: AU$0.73

Medusa Mining Limited and Philsaga Mining Corporation Provide Update on Operations at the Co-O Gold Mine in the Philippines

Independent Non-Executive Director recently bought AU$162k worth of stock

Independent Non-Executive Director recently bought AU$87k worth of stock

New 90-day high - AU$0.82

Shareholder Returns

Price Volatility

About the Company

Ten Sixty Four Limited Fundamentals Summary

30.6x

0.6x

Earnings & Revenue

Dividends

8.2%

111%

Company Analysis and Financial Data Status