
Get exclusive money-saving offers and guides
Straight to your inbox
Updated
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
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 listed in Australian Dollars. OZ Minerals has a trailing 12-month revenue of around $1.3 billion.
Our top pick for
US stocks
Our top pick for
Cheap broker fees
Our top pick for
Long-term investing
Since the stock market crash in March caused by coronavirus, OZ Minerals's share price has had significant positive movement.
Its last market close was $15.97, which is 38.07% up on its pre-crash value of $9.89 and 173.93% up on the lowest point reached during the March crash when the shares fell as low as $5.83.
If you had bought $1,000 worth of OZ Minerals shares at the start of February 2020, those shares would have been worth $616.25 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,642.99.
52-week range | $5.7985 - $21.23 |
---|---|
50-day moving average | $18.45 |
200-day moving average | $15.1226 |
Target price | $10.47 |
PE ratio | 32.7715 |
Dividend yield | $0.23 (1.09%) |
Earnings per share (TTM) | $0.617 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
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 close of A$15.97 on 2020-10-22
1 week (2021-01-08) | -24.02% |
---|---|
1 month (2020-12-16) | -14.37% |
3 months (2020-10-16) | 7.04% |
6 months (2020-07-16) | 28.48% |
1 year (2020-01-16) | 46.38% |
---|---|
2 years (2019-01-16) | 78.04% |
3 years (2018-01-16) | 75.88% |
5 years (2016-01-15) | 351.13% |
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 33x. In other words, OZ Minerals shares trade at around 33x recent earnings.
That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).
OZ Minerals's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $410.2 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 | $1.3 billion |
---|---|
Operating margin TTM | 22.09% |
Gross profit TTM | $461.5 million |
Return on assets TTM | 4.61% |
Return on equity TTM | 6.78% |
Profit margin | 15.81% |
Book value | 9.278 |
Market capitalisation | $6.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 37.1% of net profits
Recently OZ Minerals has paid out, on average, around 37.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.09% 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 1.09% return on their shares, in the form of dividend payments. In OZ Minerals's case, that would currently equate to about A$0.23 per share.
While OZ Minerals's payout ratio might seem fairly standard, it's worth remembering that OZ Minerals may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 17 September 2020 (the "ex-dividend date").
OZ Minerals's shares were split on a 1:10 basis on 30 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 $5.7985 up to $21.23. 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 0.9729. This would suggest that OZ Minerals's shares are less volatile than average (for this exchange).
OZ Minerals Limited engages in the exploration, development, mining, and processing of mineral projects in Australia. The company primarily explores for copper, gold, silver, nickel, iron oxide, zinc, and lead deposits. Its principal property is the Prominent Hill mine located in northern South Australia. The company was founded in 2008 and is headquartered in Adelaide, Australia.
Steps to owning and managing Vanguard Australian Fixed Interest Index ETF units.
Steps to owning and managing Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF units.
Steps to owning and managing ETFS Morningstar Global Technology ETF units.
Steps to owning and managing BetaShares Global Quality Leaders (Currency Hedged) ETF units.
Steps to owning and managing ETFS ROBO Global Robotics and Automation ETF units.
Steps to owning and managing ETFS FANG+ ETF units.
Steps to owning and managing ETFS S&P Biotech ETF units.
Steps to owning and managing ETFS Reliance India Nifty 50 ETF units.
Steps to owning and managing BetaShares India Quality ETF units.