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Neometals Ltd is an other industrial metals & mining business based in Australia. Neometals shares (NMT) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Neometals has a trailing 12-month revenue of around $1.7 million.
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52-week range | $0.1186 - $0.415 |
---|---|
50-day moving average | $0.3488 |
200-day moving average | $0.2439 |
Target price | $0.4 |
PE ratio | 1.1417 |
Dividend yield | N/A (11.76%) |
Earnings per share (TTM) | $0.127 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.
Valuing Neometals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Neometals 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Neometals 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Neometals shares trade at around 1x 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 | $1.7 million |
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Gross profit TTM | $1.7 million |
Return on assets TTM | -7.2% |
Return on equity TTM | -10.26% |
Profit margin | 0% |
Book value | 0.238 |
Market capitalisation | $199.1 million |
TTM: trailing 12 months
We're not expecting Neometals to pay a dividend over the next 12 months.
Over the last 12 months, Neometals 's shares have ranged in value from as little as $0.1186 up to $0.415. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Neometals 's is 1.0952. This would suggest that Neometals 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Neometals Ltd explores and evaluates mineral properties in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its principal projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia. The company was formerly known as Reed Resources Ltd. and changed its name to Neometals Ltd in December 2014. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia.
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