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OZ Minerals Limited is a copper business based in Australia. OZ Minerals shares (OZL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. OZ Minerals has a trailing 12-month revenue of around $1.8 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $13.0955 - $27.0461 |
|---|---|
| 50-day moving average | $22.9432 |
| 200-day moving average | $23.4339 |
| Target price | $24.59 |
| PE ratio | 19.0386 |
| Dividend yield | $0.25 (1.09%) |
| Earnings per share (TTM) | $1.217 |
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.
Historical closes compared with the last close of A$23.17
| 1 week (2021-09-16) | -4.37% |
|---|---|
| 1 month (2021-08-26) | 4.13% |
| 3 months (2021-06-25) | 2.03% |
| 6 months (2021-03-26) | 1.76% |
| 1 year (2020-09-25) | 63.86% |
|---|---|
| 2 years (2019-09-26) | 140.85% |
| 3 years (2018-09-26) | 146.49% |
| 5 years (2016-09-26) | 268.95% |
Valuing OZ Minerals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of OZ Minerals's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
OZ 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 19x. In other words, OZ Minerals shares trade at around 19x 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.
OZ Minerals's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $820.3 million (£0.0 million).
The EBITDA is a measure of a OZ Minerals's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.8 billion |
|---|---|
| Operating margin TTM | 34.83% |
| Gross profit TTM | $504.8 million |
| Return on assets TTM | 8.5% |
| Return on equity TTM | 12.37% |
| Profit margin | 22.91% |
| Book value | 10.473 |
| Market capitalisation | $7.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 20.49% of net profits
Recently OZ Minerals has paid out, on average, around 20.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.12% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), OZ Minerals shareholders could enjoy a 1.12% return on their shares, in the form of dividend payments. In OZ Minerals's case, that would currently equate to about A$0.25 per share.
While OZ Minerals's payout ratio might seem low, this can signify that OZ Minerals is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 22 August 2021 (the "ex-dividend date").
OZ Minerals's shares were split on a 1:10 basis on 29 May 2011. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your OZ Minerals shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for OZ Minerals shares which in turn could have impacted OZ Minerals's share price.
Over the last 12 months, OZ Minerals's shares have ranged in value from as little as $13.0955 up to $27.0461. 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 OZ Minerals's is 1.0827. This would suggest that OZ Minerals'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).
OZ Minerals Limited engages in the exploration, development, mining, and processing of mining projects in Australia. The company primarily explores for copper, gold, silver, nickel, iron oxide, zinc, and lead deposits. It owns and operates the Prominent Hill mine located in northern South Australia; the Carrapateena project located in South Australia; and the Antas mine located in the state of Pará in the northern region of Brazil. The company also holds interests in the West Musgrave copper-nickel project located in the Musgrave Province, Western Australia; Pedra Branca project located in the southern part of the Carajás in the state of Pará in the North of Brazil; and the CentroGold project located in the state of Maranhão in northern Brazil. In addition, it has interests in the Paraiso, Pantera, Lannavaara, Coompana, and Eloise properties. The company was incorporated in 1932 and is headquartered in Adelaide, Australia.
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