OTCPK:MURX.F

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Minotaur Exploration Limited explores for, evaluates, and develops mineral properties in Australia.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: MURX.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

MURX.F

1.4%

US Metals and Mining

2.4%

US Market


1 Year Return

n/a

MURX.F

8.7%

US Metals and Mining

9.2%

US Market

Return vs Industry: Insufficient data to determine how MURX.F performed against the US Metals and Mining industry.

Return vs Market: Insufficient data to determine how MURX.F performed against the US Market.


Shareholder returns

MURX.FIndustryMarket
7 Day0%1.4%2.4%
30 Day0%5.7%10.2%
90 Day-58.3%5.4%3.4%
1 Yearn/a11.4%8.7%11.6%9.2%
3 Yearn/a5.4%-1.4%33.7%24.9%
5 Yearn/a23.1%12.6%59.7%41.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MURX.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MURX.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: MURX.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MURX.F is overvalued based on its PB Ratio (1.6x) compared to the US Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

19.6%

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 Minotaur 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

  • Take a look at our analysis of MURX.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Minotaur Exploration's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Minotaur Exploration performed over the past 5 years?

23.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MURX.F is currently unprofitable.

Growing Profit Margin: MURX.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MURX.F is unprofitable, but has reduced losses over the past 5 years at a rate of 23.8% per year.

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

Earnings vs Industry: MURX.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.4%).


Return on Equity

High ROE: MURX.F has a negative Return on Equity (-22.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is Minotaur Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: MURX.F's short term assets (A$2.6M) exceed its short term liabilities (A$1.6M).

Long Term Liabilities: MURX.F's short term assets (A$2.6M) exceed its long term liabilities (A$2.1M).


Debt to Equity History and Analysis

Debt Level: MURX.F's debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: MURX.F's debt to equity ratio has increased from 1.6% to 12.8% over the past 5 years.


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: MURX.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MURX.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.3% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MURX.F'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 MURX.F's dividends per share have been stable in the past.

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


Next Steps

Management

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

5.7yrs

Average management tenure


CEO

Andrew Woskett (66yo)

10.25yrs

Tenure

AU$373,459

Compensation

Mr. Andrew Woskett, B Civ Eng, M Comm Law, FAusIMM has been the Managing Director and Director of Minotaur Exploration Limited since March 1, 2010. Mr. Weskit has been involved in a variety of Australian m ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD259.35K) is below average for companies of similar size in the US market ($USD589.00K).

Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Woskett
MD & Director10.25yrsAU$373.46k0.26% A$28.4k
Glen Little
Exploration & Business Development Manager5.67yrsAU$223.33k0.016% A$1.8k
Varis Lidums
Commercial Manager & Company Secretary3.92yrsAU$222.86kno data

5.7yrs

Average Tenure

Experienced Management: MURX.F's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Woskett
MD & Director10.25yrsAU$373.46k0.26% A$28.4k
Roger Higgins
Non-Executive Chairman3.42yrsAU$90.00k0.77% A$85.5k
Antonio Belperio
Non-Executive Director12.83yrsAU$236.78k0.67% A$74.0k
George McKenzie
Non-Executive Director3.42yrsAU$45.00k0.29% A$31.6k

6.8yrs

Average Tenure

Experienced Board: MURX.F's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.1%.


Top Shareholders

Company Information

Minotaur Exploration Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Minotaur Exploration Limited
  • Ticker: MURX.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$15.914m
  • Listing Market Cap: AU$11.051m
  • Shares outstanding: 370.09m
  • Website: https://www.minotaurexploration.com.au

Location

  • Minotaur Exploration Limited
  • 8 Beulah Road
  • Level 1
  • Norwood
  • South Australia
  • 5067
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MEPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 2005
MURX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2005
MEPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 2005

Biography

Minotaur Exploration Limited explores for, evaluates, and develops mineral properties in Australia. The company explores for copper, gold, zinc, lead, silver, iron ore, and nickel deposits. It holds interests in various mineral exploration tenements located in South Australia, Queensland, and Western Australia. The company is based in Norwood, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 11:51
End of Day Share Price2020/05/15 00:00
Earnings2019/12/31
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.