MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of metallurgical and thermal coal projects in South Africa.
High growth potential and overvalued.
Share Price & News
How has MC Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCM's share price has been volatile over the past 3 months.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: MCM underperformed the UK Oil and Gas industry which returned -36.8% over the past year.
Return vs Market: MCM underperformed the UK Market which returned -23.6% over the past year.
Price Volatility Vs. Market
How volatile is MC Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is MC Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MCM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MCM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MCM is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: MCM is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCM is good value based on its PB Ratio (0.1x) compared to the GB Oil and Gas industry average (0.4x).
How is MC Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: MCM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MCM's is expected to become profitable in the next 3 years.
Revenue vs Market: MCM's revenue (73.4% per year) is forecast to grow faster than the UK market (2.5% per year).
High Growth Revenue: MCM's revenue (73.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCM's Return on Equity is forecast to be low in 3 years time (5.5%).
How has MC Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCM is currently unprofitable.
Growing Profit Margin: MCM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCM is unprofitable, and losses have increased over the past 5 years at a rate of -20.3% per year.
Accelerating Growth: Unable to compare MCM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCM is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (47.5%).
Return on Equity
High ROE: MCM has a negative Return on Equity (-29.7%), as it is currently unprofitable.
How is MC Mining's financial position?
Financial Position Analysis
Short Term Liabilities: MCM's short term assets ($9.9M) do not cover its short term liabilities ($26.1M).
Long Term Liabilities: MCM's short term assets ($9.9M) do not cover its long term liabilities ($16.6M).
Debt to Equity History and Analysis
Debt Level: MCM's debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: MCM's debt to equity ratio has increased from 0.04% to 15.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MCM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MCM has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.
What is MC Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MCM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MCM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCM's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Brenda Berlin (55yo)
Ms. Brenda Berlin, BCom (Wits), BAcc (Wits), CA (SA), has been Acting CEO of MC Mining Limited since January 31, 2020. Ms. Berlin has been Chief Financial Officer of MC Mining Ltd. since March 1, 2018 and ...
CEO Compensation Analysis
Compensation vs Market: Brenda's total compensation ($USD299.93K) is about average for companies of similar size in the UK market ($USD335.16K).
Compensation vs Earnings: Brenda's compensation has been consistent with company performance over the past year.
|Acting CEO||0.25yr||US$484.72k||no data|
|Independent Non-executive Chairman||6.17yrs||US$71.19k||0.0053% $753.2|
|Independent Non-Executive Director||9.42yrs||US$45.29k||no data|
|Independent Non-Executive Director||1.08yrs||US$16.89k||no data|
|Independent Non-Executive Director||5.33yrs||US$44.95k||no data|
|Non-Executive Director||3.5yrs||no data||no data|
|Non-Executive Director||2yrs||no data||no data|
|Non-Executive Director||2yrs||no data||no data|
Experienced Board: MCM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MC Mining Limited's company bio, employee growth, exchange listings and data sources
- Name: MC Mining Limited
- Ticker: MCM
- Exchange: AIM
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$28.218m
- Listing Market Cap: AU$14.157m
- Shares outstanding: 141.09m
- Website: https://www.mcmining.co.za
- MC Mining Limited
- 7 The Esplanade
- Suite 8
- Mount Pleasant
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MCM||ASX (Australian Securities Exchange)||NPV||AU||AUD||No data|
|MCM||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|MCM||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|MCZ||JSE (The Johannesburg Securities Exchange)||Yes||Ordinary Shares||ZA||ZAR||Jan 1992|
|G1V||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|MCM||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of metallurgical and thermal coal projects in South Africa. The company’s principal projects include the Makhado hard coking and thermal coal project located to the southwest of Musina; and the Vele Colliery semi-soft coking and thermal coal mine located to the west of Musina in the Limpopo province. Its principal projects also include three exploration and development stage coking and thermal coal projects, including Chapudi, Generaal, and Mopane in the Soutpansberg Coalfield, as well as the Uitkomst Colliery, an operating metallurgical coal mine situated in the KwaZulu Natal province, South Africa. The company was formerly known as Coal of Africa Limited and changed its name to MC Mining Limited in November 2017. MC Mining Limited is based in Mount Pleasant, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 02:09|
|End of Day Share Price||2020/04/09 00:00|
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.