Ten Sixty Four (DB:MQG0) - Stock Price, News & Analysis

MQG0 Stock Overview

Ten Sixty Four Limited, together with its subsidiaries, engages in the exploration, evaluation, development, production, and sale of gold properties in the Asia Pacific.

About the company

MQG0 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 65.9% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (€130M)

Profit margins (2%) are lower than last year (26.4%)

Latest financial reports are more than 6 months old

+ 2 more risks

Ten Sixty Four Limited Competitors

Pearl Gold

DB:02P

€7.8m

Eisen- und Hüttenwerke

DB:EIS

€176.0m

Nabaltec

XTRA:NTG

€124.5m

Delignit

XTRA:DLX

€35.6m

Price History & Performance

Summary of all time highs, changes and price drops for Ten Sixty Four
Historical stock prices
Current Share Price	AU$0.35
52 Week High	AU$0.50
52 Week Low	AU$0.33
Beta	0.58
1 Month Change	0%
3 Month Change	-1.67%
1 Year Change	-27.64%
3 Year Change	-11.94%
5 Year Change	4.12%
Change since IPO	8.17%

Recent updates

Shareholder Returns

	MQG0	DE Metals and Mining	DE Market
7D	0%	6.7%	-0.5%
1Y	-27.6%	-18.0%	2.5%

Return vs Industry: MQG0 underperformed the German Metals and Mining industry which returned 1.7% over the past year.

Return vs Market: MQG0 underperformed the German Market which returned 5.9% over the past year.

Price Volatility

Is MQG0's price volatile compared to industry and market?
MQG0 volatility
MQG0 Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	7.8%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: MQG0 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine MQG0'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?
MQG0 fundamental statistics
Market cap	€79.87m
Earnings (TTM)	€2.61m
Revenue (TTM)	€129.42m

30.6x

P/E Ratio

0.6x

P/S Ratio

Is MQG0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MQG0 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 MQG0 perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

111%

Payout Ratio

MQG0 Stock Overview

Rewards

Risk Analysis

Ten Sixty Four Limited Competitors

DB:02P

€7.8m

DB:EIS

€176.0m

XTRA:NTG

€124.5m

XTRA:DLX

€35.6m

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 €84k 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 24% undervalued

Independent Non-Executive Chairman recently bought €65k worth of stock

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: €0.64

Medusa Mining Limited Appoints Jeffery McGlinn as Non-Executive Director

New 90-day high: €0.57

New 90-day high: €0.55

New 90-day low: €0.44

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 €100k worth of stock

Independent Non-Executive Director recently bought €53k worth of stock

New 90-day high - €0.53

Shareholder Returns

Price Volatility

About the Company

Ten Sixty Four Limited Fundamentals Summary

30.6x

0.6x

Earnings & Revenue

Dividends

8.2%