DB:SWQ

Stock Analysis Report

Executive Summary

Silver Mines Limited primarily engages in the exploration of silver deposits in Australia.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has Silver Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.3%

SWQ

2.0%

DE Metals and Mining

2.4%

DE Market


1 Year Return

190.0%

SWQ

-36.2%

DE Metals and Mining

2.3%

DE Market

Return vs Industry: SWQ exceeded the German Metals and Mining industry which returned -36.2% over the past year.

Return vs Market: SWQ exceeded the German Market which returned 2.3% over the past year.


Shareholder returns

SWQIndustryMarket
7 Day-3.3%2.0%2.4%
30 Day-25.7%-4.8%-0.2%
90 Day114.8%3.6%0.6%
1 Year190.0%190.0%-35.2%-36.2%5.5%2.3%
3 Year-52.1%-53.2%-34.9%-37.1%18.9%8.6%
5 Year-88.4%-90.3%-18.4%-23.1%44.8%25.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Silver Mines undervalued compared to its fair value and its price relative to the market?

1.03x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate SWQ's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate SWQ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SWQ is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: SWQ is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate SWQ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SWQ is good value based on its PB Ratio (1x) compared to the DE Metals and Mining industry average (3.9x).


Next Steps

Future Growth

How is Silver Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

67.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Silver Mines has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Silver Mines performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SWQ is unprofitable, but has reduced losses over the past 5 years at a rate of 19.3% per year.

Accelerating Growth: Unable to compare SWQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SWQ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-6.3%).


Return on Equity

High ROE: SWQ has a negative Return on Equity (-2.93%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: SWQ is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SWQ is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Silver Mines's financial position?


Financial Position Analysis

Short Term Liabilities: SWQ's short term assets (A$998.8K) do not cover its short term liabilities (A$2.2M)

Long Term Liabilities: SWQ has no long term liabilities


Debt to Equity History and Analysis

Debt Level: SWQ's debt to equity ratio (1.7%) is considered satisfactory

Reducing Debt: Insufficient data to determine if SWQ's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: SWQ has a high level of physical assets or inventory.

Debt Coverage by Assets: SWQ's debt is not covered by short term assets (assets are 1x 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.

Stable Cash Runway: SWQ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SWQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 49.1% each year.


Next Steps

Dividend

What is Silver Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.9%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate SWQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SWQ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SWQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SWQ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SWQ's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.3yrs

Average board tenure


CEO

Anthony McClure 0

3.3yrs

Tenure

AU$450,000

Compensation

Mr. Anthony John McClure, B.Sc. has been Managing Director of Silver Mines Limited since June 20, 2016. Mr. McClure served as Managing Director of Planet Gas Limited since May 31, 2012 until July 28, 2016. ...


CEO Compensation Analysis

Compensation vs. Market: Anthony's total compensation ($USD304.36K) is about average for companies of similar size in the German market ($USD218.87K).

Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.


Board Age and Tenure

3.3yrs

Average Tenure

Experienced Board: SWQ's board of directors are considered experienced (3.3 years average tenure).


Insider Trading

Insider Buying: SWQ insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$91,32129 Aug 19
Anthony McClure
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares3,000,000
Max PriceAU$0.03

Ownership Breakdown


Management Team

  • Anthony McClure

    MD & Director

    • Tenure: 3.3yrs
    • Compensation: AU$450.00k
  • Trent Franklin

    Company Secretary & CFO

    • Tenure: 3.3yrs
    • Compensation: AU$102.00k

Board Members

  • Anthony McClure

    MD & Director

    • Tenure: 3.3yrs
    • Compensation: AU$450.00k
  • Jo Batterchill

    Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: AU$62.50k
  • Peter Langworthy (56yo)

    Non-Executive Director

    • Tenure: 3.3yrs
    • Compensation: AU$60.00k
  • Keith Perrett

    Non-Executive Chairman

    • Tenure: 3.2yrs
    • Compensation: AU$80.00k

Company Information

Silver Mines Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silver Mines Limited
  • Ticker: SWQ
  • Exchange: DB
  • Founded:
  • Industry: Silver
  • Sector: Materials
  • Market Cap: AU$78.075m
  • Listing Market Cap: AU$47.917m
  • Shares outstanding: 867.50m
  • Website: https://www.silvermines.com.au

Number of Employees


Location

  • Silver Mines Limited
  • 52 Phillip Street
  • Level 11
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SVLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 2007
SWQDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2007
SVLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 2007

Biography

Silver Mines Limited primarily engages in the exploration of silver deposits in Australia. The company also explores for polymetallic, copper, gold, lead, zinc, and tin deposits. Its principal property is  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 21:19
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.