DB:DRM

Stock Analysis Report

Executive Summary

Dragon Mining Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in the Nordic region.

Snowflake

Fundamentals

Moderate growth potential with imperfect balance sheet.

Risks

  • Dragon Mining has significant price volatility in the past 3 months.
  • Dragon Mining is not covered by any analysts.

Similar Companies

Share Price & News

How has Dragon Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

DB:DRM

8.9%

DE Metals and Mining

3.2%

DE Market


1 Year Return

-20.0%

DB:DRM

-45.3%

DE Metals and Mining

-9.7%

DE Market

DRM outperformed the Metals and Mining industry which returned -38.5% over the past year.

DRM matched the Germany Market (-19.1%) over the past year.


Share holder returns

DRMIndustryMarket
7 Day0%8.9%3.2%
30 Day0%-10.5%-4.4%
90 Day1.1%-13.5%-2.0%
1 Year-20.0%-20.0%-44.5%-45.3%-6.9%-9.7%
3 Year13.6%13.6%-41.7%-43.6%11.8%2.2%
5 Year-3.2%-3.2%-39.3%-42.5%26.9%9.5%

Price Volatility Vs. Market

How volatile is Dragon Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Dragon Mining undervalued based on future cash flows and its price relative to the stock market?

0.74x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Dragon Mining to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Dragon Mining to establish if it is available at substantial discount.


Price Based on Earnings

Dragon Mining is loss making, we can't compare its value to the DE Metals and Mining industry average.

Dragon Mining is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Dragon Mining, we can't assess if its growth is good value.


Price Based on Value of Assets

Dragon Mining is good value based on assets compared to the DE Metals and Mining industry average.


Next Steps

Future Growth

How is Dragon Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Dragon Mining is high growth as no revenue estimate data is available.

Dragon Mining's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Dragon Mining's revenue growth to the Germany market average as no estimate data is available.

Dragon Mining's earnings growth is expected to exceed the Germany market average.

Dragon Mining's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Dragon Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Dragon Mining performed over the past 5 years?

34.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Dragon Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Dragon Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Dragon Mining's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Dragon Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Dragon Mining has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Dragon Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Dragon Mining's financial position?


Financial Position Analysis

Dragon Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Dragon Mining's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Dragon Mining's level of debt (19.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (5.8% vs 19.2% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.2x debt.


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.

Dragon Mining has less than a year of cash runway based on current free cash flow.

Dragon Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 37% each year.


Next Steps

Dividend

What is Dragon Mining's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Dragon Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Dragon Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Dragon Mining has not reported any payouts.

Unable to verify if Dragon Mining's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Dragon Mining has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Dragon Mining's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Brett Smith (57yo)

5.0yrs

Tenure

AU$443,765

Compensation

Mr. Brett Robert Smith, MBA, B Eng (Chem), MA, Dip Industrial Marketing, serves as Non-Executive Director and Non-Independent Director at Tanami Gold NL since November 27, 2018. He served as the Chief Oper ...


CEO Compensation Analysis

Brett's remuneration is about average for companies of similar size in Germany.

Brett's compensation has increased whilst company is loss making.


Management Age and Tenure

4.7yrs

Average Tenure

The tenure for the Dragon Mining management team is about average.


Board Age and Tenure

4.3yrs

Average Tenure

66.5yo

Average Age

The tenure for the Dragon Mining board of directors is about average.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

SellAU$4,336,85001 Jul 19
Yau Cheung Lau
EntityIndividual
Shares16,756,339
Max PriceAU$0.26
BuyAU$4,339,15328 Jun 19
Sincere View International Limited
EntityCompany
Shares16,756,339
Max PriceAU$0.26
SellAU$2,665,97414 Jun 19
Muk Yin Kong
EntityIndividual
Shares10,733,560
Max PriceAU$0.25
SellAU$1,857,30027 Feb 19
Nicolas Mathys
EntityIndividual
Shares16,529,089
Max PriceAU$0.11
BuyAU$1,857,30025 Feb 19
Yau Cheung Lau
EntityIndividual
Shares16,529,089
Max PriceAU$0.11
BuyAU$3,32920 Dec 18
Allied Properties Limited
EntityCompany
Shares24,000
Max PriceAU$0.14
BuyAU$8,80117 Dec 18
Allied Properties Limited
EntityCompany
Shares65,000
Max PriceAU$0.14
BuyAU$1,97704 Dec 18
Allied Properties Limited
EntityCompany
Shares12,000
Max PriceAU$0.16
BuyAU$40,53309 Nov 18
Allied Properties Limited
EntityCompany
Shares200,000
Max PriceAU$0.20
BuyAU$38,96307 Nov 18
Allied Properties Limited
EntityCompany
Shares200,000
Max PriceAU$0.19
BuyAU$215,49706 Nov 18
Allied Properties Limited
EntityCompany
Shares1,084,000
Max PriceAU$0.20
BuyAU$671,97706 Nov 18
Allied Properties Limited
EntityCompany
Shares2,863,000
Max PriceAU$0.23

Ownership Breakdown


Management Team

  • Neale Edwards

    Chief Geologist

    • Tenure: 22.4yrs
    • Compensation: AU$250.18k
  • Brett Smith (57yo)

    Executive Director

    • Tenure: 5.0yrs
    • Compensation: AU$443.77k
  • Shannon Coates

    Company Secretary

    • Tenure: 5.1yrs
  • Josh Stewart

    Project Manager of Fäboliden

    • Tenure: 0.8yrs
    • Compensation: AU$244.10k
  • Ilpo Mäkinen

    General Manager of Vammala Production Centre

    • Tenure: 0.0yrs
  • Daniel Broughton

    Chief Financial Officer

    • Tenure: 4.3yrs
    • Compensation: AU$243.30k
  • Päivi Mikkonen

    General Manager of Finance & Administration

    • Tenure: 0.0yrs
  • Heikki Miettunen

    Process Plant Manager at Svartliden

    • Tenure: 0.8yrs

Board Members

  • Arthur Dew (76yo)

    Non-Executive Chairman

    • Tenure: 4.9yrs
    • Compensation: AU$98.55k
  • Mark Wong (53yo)

    Alternate Director

    • Tenure: 3.7yrs
  • Lyle Procter (77yo)

    Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: AU$32.85k
  • Brett Smith (57yo)

    Executive Director

    • Tenure: 5.0yrs
    • Compensation: AU$443.77k

Company Information

Dragon Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dragon Mining Limited
  • Ticker: DRM
  • Exchange: DB
  • Founded: 1990
  • Industry: Gold
  • Sector: Materials
  • Market Cap: HK$173.551m
  • Listing Market Cap: HK$19.431m
  • Shares outstanding: 138.84m
  • Website: https://www.dragonmining.com

Location

  • Dragon Mining Limited
  • 431 Roberts Road
  • Unit B1
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DGON.FOTCPK (Pink Sheets LLC)Old Ordinary SharesUSUSDJan 1992
DRMDB (Deutsche Boerse AG)Old Ordinary SharesDEEURJan 1992
1712SEHK (The Stock Exchange of Hong Kong Ltd.)Old Ordinary SharesHKHKDJan 1992
1712SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2018

Biography

Dragon Mining Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in the Nordic region. It is involved in mining and processing gold ores in Fi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/01/14 21:18
End of Day Share Price2018/10/17 00:00
Earnings2018/06/30
Annual Earnings2017/12/31


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.