Classic Minerals is an other industrial metals & mining business based in Australia. Classic Minerals shares (CLZ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Classic Minerals has a trailing 12-month revenue of around $988,293. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Classic Minerals, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $0.007 - $0.05 |
|---|---|
| 50-day moving average | $0.0109 |
| 200-day moving average | $0.0109 |
| Target price | N/A |
| PE ratio | 0.0182 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.55 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.008
| 1 week (2024-04-12) | -11.11% |
|---|---|
| 1 month (2024-03-19) | 700.00% |
| 3 months (2024-01-19) | -84.00% |
| 6 months (2023-10-19) | -84.00% |
| 1 year (2023-04-19) | -84.00% |
|---|---|
| 2 years (2022-04-19) | -84.00% |
| 3 years (2021-04-19) | -84.00% |
| 5 years (2019-04-18) | -84.00% |
Valuing Classic Minerals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Classic Minerals's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Classic Minerals's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Classic Minerals shares trade at around 0x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
| Revenue TTM | $988,293 |
|---|---|
| Gross profit TTM | $811,106 |
| Return on assets TTM | -65.95% |
| Return on equity TTM | -539.43% |
| Profit margin | 0% |
| Book value | -0.034 |
| Market capitalisation | $2.6 million |
TTM: trailing 12 months
We're not expecting Classic Minerals to pay a dividend over the next 12 months.
Classic Minerals's shares were split on a 1:50 basis on 19 March 2024. So if you had owned 50 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Classic Minerals shares – just the quantity. However, indirectly, the new 4900% higher share price could have impacted the market appetite for Classic Minerals shares which in turn could have impacted Classic Minerals's share price.
Over the last 12 months, Classic Minerals's shares have ranged in value from as little as $0.007 up to $0.05. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Classic Minerals's is 0.033. This would suggest that Classic Minerals's shares are less volatile than average (for this exchange).
Classic Minerals Limited engages in the exploration of mineral resource-based projects in Australia. It primarily explores for gold and nickel deposits. The company's flagship project is the Kat Gap gold project located in Western Australia. It also holds interest in the Forrestania gold project located to the south of Southern Cross, Western Australia; and the Fraser Range project. The company was formerly known as Broad Resources Limited and changed its name to Classic Minerals Limited in 2007. Classic Minerals Limited was incorporated in 2006 and is based in Landsdale, Australia.
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