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L9T Stock Overview

New Century Resources Limited engages in the exploration and development of mineral properties in Australia. More details

L9T fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Community vs My Fair Value

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New Century Resources Limited Competitors

SunMirror

XTRA:ROR

€1.4m

H&R GmbH KGaA

XTRA:2HRA

€150.7m

Nabaltec

XTRA:NTG

€135.5m

Australian Strategic Materials

ASX:ASM

AU$99.7m

Price History & Performance

Summary of share price highs, lows and changes for New Century Resources
Historical stock prices
Current Share Price	€0.66
52 Week High	€1.46
52 Week Low	€0.49
Beta	2.08
1 Month Change	0%
3 Month Change	21.30%
1 Year Change	-48.34%
3 Year Change	-69.68%
5 Year Change	-93.52%
Change since IPO	-85.91%

Recent updates

Shareholder Returns

	L9T	DE Metals and Mining	DE Market
7D	0%	-3.8%	0.7%
1Y	-48.3%	41.6%	13.8%

Return vs Industry: L9T underperformed the German Metals and Mining industry which returned -15.2% over the past year.

Return vs Market: L9T underperformed the German Market which returned -6.1% over the past year.

Price Volatility

Is L9T's price volatile compared to industry and market?
L9T volatility
L9T Average Weekly Movement	14.5%
Metals and Mining Industry Average Movement	11.1%
Market Average Movement	6.4%
10% most volatile stocks in DE Market	12.9%
10% least volatile stocks in DE Market	3.1%

Stable Share Price: L9T has not had significant price volatility in the past 3 months.

Volatility Over Time: L9T's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2010	n/a	Rob Cooper	www.newcenturyresources.com

New Century Resources Limited engages in the exploration and development of mineral properties in Australia. It explores for copper, zinc, and lead deposits. The company’s flagship project is the Century mine located to the north-west of Mount Isa in the Lower Gulf of Carpentaria.

New Century Resources Limited Fundamentals Summary

How do New Century Resources's earnings and revenue compare to its market cap?
L9T fundamental statistics
Market cap	€148.48m
Earnings (TTM)	-€30.96m
Revenue (TTM)	€232.51m

0.4x

P/S Ratio

-2.9x

P/E Ratio

Is L9T overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
L9T income statement (TTM)
Revenue	AU$378.70m
Cost of Revenue	AU$196.34m
Gross Profit	AU$182.35m
Other Expenses	AU$232.78m
Earnings	-AU$50.42m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.37
Gross Margin	48.15%
Net Profit Margin	-13.31%
Debt/Equity Ratio	0.4%

How did L9T perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/05/15 17:29
End of Day Share Price	2023/04/06 00:00
Earnings	2022/12/31
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.

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 Github.

Analyst Sources

New Century Resources Limited is covered by 8 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
Henry Renshaw	Canaccord Genuity
Timothy Hoff	Canaccord Genuity
Michael Slifirski	Credit Suisse