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Metals Exploration

AIM:MTL
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MTL
AIM
£12M
Market Cap
  1. Home
  2. GB
  3. Materials
Company description

Metals Exploration plc identifies, acquires, explore for, and develop mining properties in the Western Pacific Rim region. The last earnings update was 51 days ago. More info.


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  • Metals Exploration has significant price volatility in the past 3 months.
MTL Share Price and Events
7 Day Returns
0%
AIM:MTL
2%
GB Metals and Mining
0.2%
GB Market
1 Year Returns
-77.1%
AIM:MTL
11.7%
GB Metals and Mining
-2%
GB Market
MTL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Metals Exploration (MTL) 0% -11.1% -44.2% -77.1% -92.9% -92.1%
GB Metals and Mining 2% 2% -1.1% 11.7% 66.3% 20.2%
GB Market 0.2% 1.3% 0.1% -2% 11.2% 6.3%
1 Year Return vs Industry and Market
  • MTL underperformed the Metals and Mining industry which returned 11.7% over the past year.
  • MTL underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -2% over the past year.
Price Volatility
MTL
Industry
5yr Volatility vs Market

Value

 Is Metals Exploration undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Metals Exploration. This is due to cash flow or dividend data being unavailable. The share price is £0.006.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Metals Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Metals Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MTL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.09
AIM:MTL Share Price ** AIM (2019-07-19) in GBP £0.01
AIM:MTL Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.25 $0.01
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PE Ratio Median Figure of 37 Publicly-Listed Metals and Mining Companies 10.15x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 792 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Metals Exploration.

AIM:MTL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:MTL Share Price ÷ EPS (both in USD)

= 0.01 ÷ -0.09

-0.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metals Exploration is loss making, we can't compare its value to the GB Metals and Mining industry average.
  • Metals Exploration is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Metals Exploration's expected growth come at a high price?
Raw Data
AIM:MTL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PEG Ratio Median Figure of 29 Publicly-Listed Metals and Mining Companies 0.89x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 573 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Metals Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Metals Exploration's assets?
Raw Data
AIM:MTL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-0.01
AIM:MTL Share Price * AIM (2019-07-19) in GBP £0.01
AIM:MTL Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.25 $0.01
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PB Ratio Median Figure of 117 Publicly-Listed Metals and Mining Companies 1.03x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,377 Publicly-Listed Companies 1.51x
AIM:MTL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MTL Share Price ÷ Book Value per Share (both in USD)

= 0.01 ÷ -0.01

-0.51x

* Primary Listing of Metals Exploration.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metals Exploration has negative assets, we can't compare the value of its assets to the GB Metals and Mining industry average.

Next steps:

  1. 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's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Metals and Mining industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Metals Exploration's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Metals Exploration has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Metals Exploration expected to grow at an attractive rate?
  • Unable to compare Metals Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Metals Exploration's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Metals Exploration's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:MTL Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 0.4%
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:MTL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MTL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 61 -6 -176
2018-09-30 58 -4 -97
2018-06-30 56 -3 -18
2018-03-31 54 -6 -19
2017-12-31 45 -7 -17
2017-09-30 37 -9 -19
2017-06-30 29 -12 -21
2017-03-31 18 -11 -21
2016-12-31 8 -11 -24
2016-09-30 4 -10 -20
2016-06-30 -9 -17
2016-03-31 -8 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Metals Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Metals Exploration is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:MTL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Metals Exploration Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MTL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.09
2018-09-30 -0.05
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Metals Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Metals Exploration's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  2. Metals Exploration's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Metals Exploration's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Metals Exploration has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Metals Exploration performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Metals Exploration's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Metals Exploration does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Metals Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Metals Exploration's 1-year growth to the GB Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Metals Exploration's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Metals Exploration Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MTL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 61.41 -176.39 10.35
2018-09-30 58.33 -97.23 10.31
2018-06-30 56.04 -18.37 10.46
2018-03-31 53.85 -19.15 11.41
2017-12-31 45.03 -17.37 10.78
2017-09-30 37.08 -19.32 12.45
2017-06-30 28.73 -20.51 13.60
2017-03-31 17.84 -21.42 12.63
2016-12-31 7.82 -24.44 12.89
2016-09-30 3.76 -19.98 8.90
2016-06-30 -16.82 5.52
2016-03-31 -10.66 5.21
2015-12-31 -3.17 4.54
2015-09-30 -2.51 5.11
2015-06-30 -1.84 5.77
2015-03-31 -4.41 5.91
2014-12-31 -7.44 6.69
2014-09-30 -10.63 7.08
2014-06-30 -14.25 7.58
2014-03-31 -11.31 6.66
2013-12-31 -8.67 5.91
2013-09-30 -8.51 6.08
2013-06-30 -8.02 6.00
2013-03-31 -7.32 5.29
2012-12-31 -7.10 4.91
2012-09-30 -5.19 4.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Metals Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Metals Exploration has efficiently used its assets last year compared to the GB Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Metals Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Metals Exploration's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Metals Exploration has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Metals Exploration's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Metals Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Metals Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Metals Exploration's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Metals Exploration's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Metals Exploration has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Metals Exploration Company Filings, last reported 6 months ago.

AIM:MTL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -30.47 103.24 1.50
2018-09-30 -30.47 103.24 1.50
2018-06-30 116.94 92.69 1.29
2018-03-31 116.94 92.69 1.29
2017-12-31 145.70 92.93 0.74
2017-09-30 145.70 92.93 0.74
2017-06-30 146.13 87.44 1.64
2017-03-31 140.90 84.32 1.58
2016-12-31 163.36 87.22 7.37
2016-09-30 172.87 92.30 7.80
2016-06-30 149.87 87.22 2.11
2016-03-31 162.36 94.49 2.28
2015-12-31 165.06 87.98 16.18
2015-09-30 169.36 90.28 16.60
2015-06-30 161.99 75.33 16.28
2015-03-31 153.03 71.17 15.38
2014-12-31 167.77 43.44 19.09
2014-09-30 174.63 45.21 19.88
2014-06-30 169.77 19.14 38.06
2014-03-31 165.44 18.65 37.09
2013-12-31 176.21 0.00 52.92
2013-09-30 172.21 0.00 51.72
2013-06-30 155.39 0.00 61.74
2013-03-31 155.25 0.00 61.68
2012-12-31 132.32 0.00 42.71
2012-09-30 131.26 0.00 42.36
  • Metals Exploration has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Metals Exploration's debt level has increased considering it has negative shareholder equity.
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.

  • Metals Exploration has less than a year of cash runway based on current free cash flow.
  • Metals Exploration has less than a year of cash runway if free cash flow continues to reduce at historical rates of -61.2% each year.
X
Financial health checks
We assess Metals Exploration's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Metals Exploration has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Metals Exploration dividends.
If you bought £2,000 of Metals Exploration shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Metals Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Metals Exploration's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:MTL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 6.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Metals Exploration has not reported any payouts.
  • Unable to verify if Metals Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Metals Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Metals Exploration has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Metals Exploration's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Metals Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Metals Exploration has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Darren Bowden
AGE 49
TENURE AS CEO 0.5 years
CEO Bio

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 served as the Chief Executive Officer of DuSolo Fertilizers Inc since August 26, 2015. Mr. Bowden has more than 25 years experience in mining across technical, operational and directorships covering coal mining and hard rock operations in more than seven countries. He served as the Vice President of Operations of Nyrstar USA Inc., January 2014 to July 2015 where his responsibilities were focused on the day to day operations, and strategic development and optimization of the company's mining portfolio, which includes 7 underground mining projects in 6 countries. Prior to Nyrstar, he was with Glencore at Falconbridge Dominicana SA (Nickel) for 6 years, working in nickel, coal and Prodeco SA Colombia where he held the positions of President and Vice President of Operations between 2007 and 2013. Prior to that spent time in silver, lead, zinc and copper/gold mines working for various companies. He has also held positions with Anglo Coal Australia. He served as a Director of DuSolo Fertilizers Inc. since August 10, 2015 until August, 2016. Mr. Bowden received his BE (Civil, Honours) from the University of New South Wales, Australia. He is a graduate of the Australian Defense Force Academy. Mr. Bowden serves as Director of Galway Resources Holdco Ltd. Mr. Bowden served as Director CleanTech Fuels Pty. Ltd, DuSolo Pty Ltd, Galway Resources Cayman, Nyrstar N.V, Sociedad Minera de Santander S.A.S ("Minesa S.A.S).

CEO Compensation
  • Insufficient data for Darren to compare compensation growth.
  • Insufficient data for Darren to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Darren Bowden

TITLE
CEO & Executive Chairman
AGE
49
TENURE
0.5 yrs

Michael Langoulant

TITLE
Interim Chief Financial Officer
TENURE
0.4 yrs

John Barnes

TITLE
Chief Operating Officer
Board of Directors Tenure

Average tenure of the Metals Exploration board of directors in years:

0.5
Average Tenure
  • The average tenure for the Metals Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors

Guy Walker

TITLE
Non-Executive Chairman
AGE
49
TENURE
0.5 yrs

Darren Bowden

TITLE
CEO & Executive Chairman
AGE
49
TENURE
0.5 yrs

Andrew Stancliffe

TITLE
Non Executive Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Metals Exploration's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Metals Exploration has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Investors Who Bought Metals Exploration Shares Five Years Ago Are Now Down 87%

Anyone who held Metals Exploration plc (LON:MTL) for five years would be nursing their metaphorical wounds since the share price dropped 87% in that time. … Metals Exploration isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

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Are Metals Exploration plc's (LON:MTL) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Metals Exploration plc (LON:MTL), with a market cap of UK£44.02m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

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Metals Exploration Plc (LON:MTL): How Does It Impact Your Portfolio?

If you are looking to invest in Metals Exploration Plc’s (AIM:MTL), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … MTL's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … This is an interesting conclusion, since both MTL’s size and industry indicates the stock should have a higher beta than it currently has.

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Who Are The Major Shareholders Of Metals Exploration Plc (LON:MTL)?

In this analysis, my focus will be on developing a perspective on Metals Exploration Plc’s (AIM:MTL) latest ownership structure, a less discussed, but important factor. … Private Company Ownership Potential investors in MTL should also look at another important group of investors: private companies, with a stake of 65.87%, who are primarily invested because of strategic and capital gain interests. … An ownership of this size indicates a strong financial backing and has the potential to influence MTL's business strategy.

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Are Metals Exploration Plc's (LON:MTL) Interest Costs Too High?

Since MTL is loss-making right now, it’s crucial to assess the current state of its operations and pathway to profitability. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, MTL has room for improvement to better cushion for events which may require debt repayment.

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Metals Exploration Plc's (LON:MTL) Earnings Dropped -21.78%, Did Its Industry Show Weakness Too?

Measuring Metals Exploration Plc's (AIM:MTL) track record of past performance is a useful exercise for investors. … AIM:MTL Income Statement Mar 16th 18 We can further examine Metals Exploration's loss by looking at what the industry has been experiencing over the past few years. … The most insightful step is to examine company-specific issues Metals Exploration may be facing and whether management guidance has consistently been met in the past.

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What You Must Know About Metals Exploration Plc's (LON:MTL) Major Investors

Today, I will be analyzing Metals Exploration Plc’s (AIM:MTL) recent ownership structure, an important but not-so-popular subject among individual investors. … This size of ownership, while considerably small for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.What this means for you: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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One Thing To Consider Before Buying Metals Exploration Plc (LON:MTL)

Check out our latest analysis for Metals Exploration An interpretation of MTL's beta Metals Exploration's beta of 0.43 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, MTL appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what MTL’s actual beta value suggests, which is lower stock volatility relative to the market.

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Are Metals Exploration Plc's (LON:MTL) Interest Costs Too High?

However, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue. … MTL's large debt ratio along with low cash coverage of debt in addition to low liquidity coverage of near-term expenses may not build the strongest investment case.

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Metals Exploration Plc's (LON:MTL) Earnings Declined 4.3%, But How Did It Fare Against The Industry?

When Metals Exploration Plc (AIM:MTL) released its most recent earnings update (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Metals Exploration's average earnings over the past couple of years, and its industry performance. … View our latest analysis for Metals Exploration Was MTL's recent earnings decline indicative of a tough track record?

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Company Info

Description

Metals Exploration plc identifies, acquires, explore for, and develop mining properties in the Western Pacific Rim region. The company primarily explores for precious and base metals. It owns 100% interest in the Runruno gold-molybdenum project located north of the Philippines. Metals Exploration plc was founded in 2004 and is based in London, the United Kingdom.

Details
Name: Metals Exploration plc
MTL
Exchange: AIM
Founded: 2004
£12,428,007
2,071,334,586
Website: http://www.metalsexploration.com
Address: Metals Exploration plc
200 Strand,
London,
Greater London, WC2R 1DJ,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MTL Ordinary Shares London Stock Exchange AIM Market GB GBP 22. Oct 2004
Number of employees
Current staff
Staff numbers
702
Metals Exploration employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 20:38
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/05/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.