OTCPK:ZNGG.F

Stock Analysis Report

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Executive Summary

Zanaga Iron Ore Company Limited, an investment holding company, explores for and develops iron ore properties.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Zanaga Iron Ore's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

n/a

ZNGG.F

0.3%

US Metals and Mining

2.9%

US Market


1 Year Return

n/a

ZNGG.F

9.4%

US Metals and Mining

9.5%

US Market

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

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


Shareholder returns

ZNGG.FIndustryMarket
7 Dayn/a0.3%2.9%
30 Dayn/a5.3%5.1%
90 Dayn/a8.6%2.5%
1 Yearn/a12.1%9.4%12.0%9.5%
3 Yearn/a5.5%-1.3%30.8%22.1%
5 Yearn/a20.5%10.4%57.4%39.7%

Price Volatility Vs. Market

How volatile is Zanaga Iron Ore's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Zanaga Iron Ore undervalued compared to its fair value and its price relative to the market?

0.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: ZNGG.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 ZNGG.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZNGG.F is good value based on its PB Ratio (0.8x) compared to the US Metals and Mining industry average (0.9x).


Next Steps

Future Growth

How is Zanaga Iron Ore forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.0%

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 Zanaga Iron Ore 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 Zanaga Iron Ore performed over the past 5 years?

59.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZNGG.F is currently unprofitable.

Growing Profit Margin: ZNGG.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZNGG.F is unprofitable, but has reduced losses over the past 5 years at a rate of 59.4% per year.

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

Earnings vs Industry: ZNGG.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-14.6%).


Return on Equity

High ROE: ZNGG.F has a negative Return on Equity (-4.21%), as it is currently unprofitable.


Next Steps

Financial Health

How is Zanaga Iron Ore's financial position?


Financial Position Analysis

Short Term Liabilities: ZNGG.F's short term assets ($1.4M) exceed its short term liabilities ($75.0K).

Long Term Liabilities: ZNGG.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ZNGG.F is debt free.

Reducing Debt: ZNGG.F has not had any debt for 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: Insufficient data to determine if ZNGG.F has enough cash runway based on its current free cash flow.

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


Next Steps

Dividend

What is Zanaga Iron Ore's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ZNGG.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 ZNGG.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?

9.4yrs

Average board tenure


CEO

Zanaga Iron Ore has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Clifford Elphick
Non-Executive Chairman9.42yrsUS$83.00kno data
Clinton Dines
Non-Executive Director9.75yrsUS$57.50k0.15% $45.8k
Jonathan Velloza
Independent Non-Executive Director1.67yrsno data0.075% $22.8k

9.4yrs

Average Tenure

58yo

Average Age

Experienced Board: ZNGG.F's board of directors are considered experienced (9.4 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 3%.


Top Shareholders

Company Information

Zanaga Iron Ore Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zanaga Iron Ore Company Limited
  • Ticker: ZNGG.F
  • Exchange: OTCPK
  • Founded: 2009
  • Industry: Steel
  • Sector: Materials
  • Market Cap: UK£24.914m
  • Listing Market Cap: UK£30.461m
  • Shares outstanding: 286.03m
  • Website: https://www.zanagairon.com

Location

  • Zanaga Iron Ore Company Limited
  • Coastal Building
  • 2nd Floor
  • Road Town
  • Tortola
  • British Virgin Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZIOCAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2010
6ZADB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2010
ZNGG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2010

Biography

Zanaga Iron Ore Company Limited, an investment holding company, explores for and develops iron ore properties. Its flagship asset is the Zanaga Iron Ore Project located in the south west of the Republic of Congo. The company was formerly known as Jumelles Holdings Limited and changed its name to Zanaga Iron Ore Company Limited in October 2010. Zanaga Iron Ore Company Limited was incorporated in 2009 and is based in Road Town, the British Virgin Islands. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/14 03:33
End of Day Share Price2020/05/11 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.