METRO MINING LIMITED (MMI)
Share Price Analysis and Chart

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MMI - METRO MINING LIMITED

FNArena Sector : Coal
Year End: December
GICS Industry Group : Energy
Debt/EBITDA: 4.67
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.04

11 Sep
2024

0.006

OPEN

$0.03

17.65%

HIGH

$0.04

10,300,768

LOW

$0.03

TARGET
$0.14 250.0% upside
OTHER COMPANIES IN THE SAME SECTOR
ATU . BCB . BRL . CRN . NHC . SMR . TER . WHC . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
MMI: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 0.3 0.5 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 8.0 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-0.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx235.8 M
Book Value Per Share xxxxxxxxxxxxxxx0.2
Net Operating Cash Flow xxxxxxxxxxxxxxx8.3 M
Net Profit Margin xxxxxxxxxxxxxxx-5.72 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-93.33 %
Return on Invested Capital xxxxxxxxxxxxxxx-26.88 %
Return on Assets xxxxxxxxxxxxxxx-9.03 %
Return on Equity xxxxxxxxxxxxxxx-93.33 %
Return on Total Capital xxxxxxxxxxxxxxx4.74 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-3.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx46 M
Long Term Debt xxxxxxxxxxxxxxx55 M
Total Debt xxxxxxxxxxxxxxx101 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx17 M
Price To Book Value xxxxxxxxxxxxxxx9.21

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx12.5 M
Capex % of Sales xxxxxxxxxxxxxxx5.28 %
Cost of Goods Sold xxxxxxxxxxxxxxx223 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx23 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

06/09/2024

1

Buy

$0.14

250.00%

Shaw and Partners notes the August production update for Metro Mining which came in as a record month for bauxite shipped at 720kt, or 1.36mt for Sept quarter to date.

The quarterly 2.2mt target appears to be in sight and the 2024 target of 6.1mt is meeting the analyst's expectations.

The broker comments the expansion is progressing well to achieve targeted capacity with the new Caterpillar wheel loaders assisting to generate higher targets for Metro.

With extreme rains in Guinea and constraints in China, the bauxite market remains tight, the analyst states.

Unchanged Buy, High Risk rating and target of 14c. Metro Mining is one of the broker's top 2024 stock picks.

FORECAST
Shaw and Partners forecasts a full year FY24 dividend of 0.00 cents and EPS of 0.50 cents.
Shaw and Partners forecasts a full year FY25 dividend of 1.00 cents and EPS of 1.80 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Petra Capital

17/07/2024

1

Buy

$0.091

127.50%

Petra Capital updates forecasts for the latest mark-to-market commodity assumptions.

The new price forecasts are Gold US$2386oz; Copper US$4.45lb; Lead US0.99c/lb; Zinc US$1.34lb; Nickel US$7.79/lb; Brent crude US$86.90bbl; Uranium US$85lb; Spodumene US$1040t; NdPr US$50kg; Graphite US$470t; Thermal Coal US$132t; Coking Coal US$256t; Iron Ore US$110t; Bauxite US$55t. Currency AUD/USD 0.675.

Target price moves to 9.1c from 7.5c and Buy rating unchanged.

FORECAST
Petra Capital forecasts a full year FY24 dividend of 0.00 cents and EPS of 0.90 cents.
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.80 cents.
Access Extra Coverage Research History >

MMI STOCK CHART

FNArena News on MMI

1
FNArena Corporate Results Monitor – 30-08-2024

Aug 30 2024 - Australia
2
Rudi’s View: Model Portfolios, Best Ideas & Conviction Calls

Aug 15 2024 - Rudi's View
3
Rudi’s View: First Relief, Then More Selling?

Aug 08 2024 - Rudi's View
4
Rudi’s View: Aussie Banks & TechOne

Aug 01 2024 - Rudi's View
5
Rudi’s View: Rate Cuts, Growth & Small Caps

Jul 18 2024 - Rudi's View

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