AIM:MTL

Stock Analysis Report

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Executive Summary

Metals Exploration plc identifies, acquires, explores for, and develop mining properties in the Western Pacific Rim region.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Metals Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MTL

-1.8%

GB Metals and Mining

-2.7%

GB Market


1 Year Return

7.4%

MTL

3.4%

GB Metals and Mining

-16.3%

GB Market

Return vs Industry: MTL exceeded the UK Metals and Mining industry which returned 3.3% over the past year.

Return vs Market: MTL exceeded the UK Market which returned -16.2% over the past year.


Shareholder returns

MTLIndustryMarket
7 Day0%-1.8%-2.7%
30 Dayn/a5.5%-3.1%
90 Dayn/a23.8%4.3%
1 Year7.4%7.4%10.8%3.4%-12.5%-16.3%
3 Year-76.2%-76.2%32.6%10.3%-9.2%-20.3%
5 Year-83.4%-83.4%116.6%65.6%9.8%-14.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Metals Exploration undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Metals Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Metals Exploration has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of MTL's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Metals Exploration regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

8.3%

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 Metals Exploration 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 Metals Exploration performed over the past 5 years?

-846.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: MTL is currently unprofitable.

Growing Profit Margin: MTL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MTL's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: MTL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (3.4%).


Return on Equity

High ROE: MTL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Metals Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: MTL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MTL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MTL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MTL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: Insufficient data to determine if MTL has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MTL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Metals Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if MTL'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 MTL's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average board tenure


CEO

Darren Bowden (50 yo)

1.58yrs

Tenure

Mr. Darren Patrick Bowden is Chief Executive Officer and Director at Metals Exploration Plc since January 01, 2019. Mr. Bowden serves as Executive Chairman of Metals Exploration Plc since 2019. Mr. Bowden ...


Board Members

NamePositionTenureCompensationOwnership
Darren Bowden
CEO & Executive Chairman1.58yrsno datano data
Guy Walker
Non-Executive Chairman1.58yrsno datano data
Andrew Stancliffe
Non Executive Director1.5yrsno datano data

1.6yrs

Average Tenure

50yo

Average Age

Experienced Board: MTL's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Metals Exploration plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Metals Exploration plc
  • Ticker: MTL
  • Exchange: AIM
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: UK£15.017m
  • Shares outstanding: 2.07b
  • Website: https://www.metalsexploration.com

Number of Employees


Location

  • Metals Exploration plc
  • 200 Strand
  • London
  • Greater London
  • WC2R 1DJ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTLAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPOct 2004

Biography

Metals Exploration plc identifies, acquires, explores for, and develop mining properties in the Western Pacific Rim region. The company primarily explores for precious and base metals. It owns 100% interes ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/02 22:18
End of Day Share Price2020/07/06 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.