Meteoric Resources NL chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share -0.00
Dividend & YieldN/A$ (N/A)
Beta 1.47
Market capitalization 18.32M
Operating cash flow -5.97M
ESG Scores unknown

Company description

Meteoric Resources NL explores for mineral tenements. It explores for gold, copper, cobalt, diamond, and silver deposits. The company owns interests in the Palm Springs gold project, which covers an area of approximately 12,500 ha located in Western Australia; the Juruena and Novo Astro gold projects situated in Brazil; and the Warrego North IOCG project located in the Northern Territory. It also holds interests in the Mulligan and Mulligan East, Beauchamp, and Iron Mask projects in Ontario, Canada. The company was incorporated in 2004 and is based in West Perth, Australia.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 83.83k 11.37k -162.36k 289.69k
Total Cashflows From Investing Activities -1.37k -937.25k -871.48k 443.41k
Net Borrowings
Total Cash From Financing Activities 5.35M 2.48M 10.61M 4.23M
Change To Operating Activities 5.88k 5.88k 5.88k 12.25k
Issuance Of Stock 5.53M 2.64M 11.09M 4.23M
Net Income -6.73M -4.45M -7.15M -9.04M
Change In Cash 2.21M -768.89k 3.98M -2.54M
Effect Of Exchange Rate -918 -1.16k 29 15
Total Cash From Operating Activities -3.14M -2.31M -5.76M -7.22M
Depreciation 363 517 7.3k 18.35k
Change To Account Receivables -29.69k -75.9k 58.9k -111.8k
Other Cashflows From Financing Activities -180k -158.4k -483.21k
Change To Netincome 3.53M 2.2M 1.48M 1.62M
Capital Expenditures -1.37k -950.09k -871.48k -84.46k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -6.73M -4.45M -7.15M -9.04M
Net Income -6.73M -4.45M -7.15M -9.04M
Selling General Administrative 1.28M 944.32k 1.29M 1.15M
Gross Profit 50k
Ebit -6.74M -4.48M -7.2M -10.36M
Operating Income -6.74M -4.48M -7.2M -10.36M
Interest Expense
Income Tax Expense
Total Revenue 50k
Cost Of Revenue
Total Other Income ExpenseNet 10.13k 27.83k 54.18k 1.31M
Net Income From Continuing Ops -6.73M -4.45M -7.15M -9.04M
Net Income Applicable To Common Shares -6.73M -4.45M -7.15M -9.04M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 241.44k 382.27k 225.78k 527.73k
Total Stockholder Equity 3.13M 2.38M 6.54M 4.66M
Other Current Liabilities
Total Assets 3.37M 2.76M 6.76M 5.18M
Common Stock 21.56M 24.55M 35.2M 38.74M
Other Current Assets
Retained Earnings -19.57M -24.02M -31.16M -40.21M
Treasury Stock 1.13M 1.85M 2.5M 6.13M
Cash 3.3M 2.53M 6.51M 3.97M
Total Current Liabilities 241.44k 382.27k 225.78k 527.73k
Other Stockholder Equity 1.13M 1.85M 2.5M 6.13M
Property, Plant, and Equipment 34.48k 48.7k 113.51k
Total Current Assets 3.35M 2.72M 6.65M 4.22M
Net Tangible Assets 3.13M 2.38M 6.54M 4.66M
Net Receivables 28.34k 134.12k 76.65k 164.24k
Accounts Payable 241.44k 382.27k 219.9k 509.6k


Insider Transactions

Here are the insider transactions of stock shares related to Meteoric Resources NL:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Tunks (Andrew)Other at price 0.01 per share.D2021-12-16Managing Director1.18M
Burke (Patrick)D2021-11-09Non Executive Chairman7.5M
Kitto (Paul Anthony)D2021-11-09Director (Non-Executive)3M
Ramnath (Shastri Meranda)D2021-11-09Director (Non-Executive)1M
Tunks (Andrew)D2021-11-09Managing Director7.5M
Kitto (Paul Anthony)Conversion at price 0.01 per share.D2020-09-16Director (Non-Executive)1M
Tunks (Andrew)Conversion at price 0.01 per share.D2020-09-16Managing Director1M
Ramnath (Shastri Meranda)Other at price 0.03 per share.D2020-02-12Director (Non-Executive)300k
Tunks (Andrew)Other at price 0.03 per share.D2020-02-12Managing Director400k
Tunks (Andrew)Other at price 0.01 per share.D2019-04-18Director625k
Ramnath (Shastri Meranda)D2018-06-30Director (Non-Executive)1.59M
Clatworthy (Graeme John)D2018-04-09Former1.55M
Tunks (Andrew)Purchase at price 0.03 per share.D2018-04-05Director278k
Sakalidis (George)D2017-11-29Former2.29M
Clatworthy (Graeme John)Other at price 0.01 per share.D2017-08-22Director (Executive)1.8M
Sakalidis (George)Other at price 0.01 per share.D2017-08-22Director (Executive)1M
Thomas (Peter Sisley)D2014-09-19Former422k
Sakalidis (George)Purchase at price 0.03 per share.D2014-05-28Director (Executive)210k
Clatworthy (Graeme John)Acquisition at price 0.03 per share.D2013-11-28Director (Executive)1.27M
Sakalidis (George)Acquisition at price 0.02 per share.D2013-11-26Director (Executive)416.51k
Sakalidis (George)Purchase at price 0.05 per share.D2013-08-07Director (Executive)397.75k
Clatworthy (Graeme John)Purchase at price 0.03 per share.D2012-12-07Director100k
Thomson (Roger Michael)Purchase at price 0.04 per share.D2012-10-17Managing Director95k
Thomson (Roger Michael)Purchase at price 0.04 per share.D2012-07-31Managing Director148.7k
Sakalidis (George)Purchase at price 0.04 per share.D2012-05-16Director (Executive)277k
Sakalidis (George)Purchase at price 0.06 per share.D2012-04-18Director (Executive)15k
Sakalidis (George)Purchase at price 0.06 per share.D2012-04-11Director (Executive)275k
Sakalidis (George)Purchase at price 0.09 per share.D2011-10-14Director (Executive)150k
Thomson (Roger Michael)Purchase at price 0.08 per share.D2011-10-13Managing Director30k
Sakalidis (George)Acquisition at price 0.13 per share.D2010-12-03Director (Executive)200k
Thomson (Roger Michael)Acquisition at price 0.13 per share.D2010-11-29Managing Director60k
Sakalidis (George)Acquisition at price 0.14 per share.D2010-11-25Director (Executive)459.99k
Thomson (Roger Michael)Acquisition at price 0.13 per share.D2010-11-18Managing Director40k
Thomson (Roger Michael)Acquisition at price 0.13 per share.D2010-11-18Managing Director40k
Sakalidis (George)Acquisition at price 0.10 per share.D2010-04-16Director (Executive)15k
Sakalidis (George)Acquisition at price 0.09 per share.D2010-04-12Director (Executive)75k
Sakalidis (George)Acquisition at price 0.09 per share.D2010-04-01Director (Executive)100k
Sakalidis (George)Acquisition at price 0.11 per share.D2010-03-08Director (Executive)76.05k
Sakalidis (George)Acquisition at price 0.11 per share.D2010-02-25Director (Executive)158.45k
Sakalidis (George)Acquisition at price 0.16 per share.D2010-01-19Director (Executive)30k
Sakalidis (George)Acquisition at price 0.16 per share.D2010-01-18Director (Executive)190k
Sakalidis (George)Acquisition at price 0.07 per share.D2009-06-26Director (Executive)30k
Sakalidis (George)Acquisition at price 0.07 per share.D2009-05-08Director (Executive)30k
Thomson (Roger Michael)Acquisition at price 0.06 per share.D2009-03-31Managing Director120k
Sakalidis (George)Acquisition at price 0.01 per share.D2009-03-13Director (Executive)10k
Sakalidis (George)Acquisition at price 0.01 per share.D2009-02-24Director (Executive)3.74k
Sakalidis (George)D2009-02-09Director (Executive)21.7k
Sakalidis (George)Other at price 0.01 per share.D2008-12-22Director (Executive)81.5k
Sakalidis (George)Other at price 0.02 per share.D2008-11-28Director (Executive)79k
Sakalidis (George)Other at price 0.01 per share.D2008-11-21Director (Executive)20k
Sakalidis (George)Other at price 0.01 per share.D2008-11-18Director (Executive)396k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Meteoric Resources NL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Meteoric Resources NL

Here is the result of two systematic investment strategies applied to Meteoric Resources NL. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Meteoric Resources NL

The following chart shows the equity curve of the two systematic investment strategies applied to Meteoric Resources NL:

Meteoric Resources NL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 151.04% on the backtest period.

Performance at glance

Performance

151.04 %

Latent gain

3398.35 $

Invested capital

2250.0 $

Annualized return

34.96 %
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Momentum strategy results on Meteoric Resources NL

This is the result of two momentum investment strategies applied to Meteoric Resources NL. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Meteoric Resources NL

The following chart shows all the entries opened by the momentum investment system on Meteoric Resources NL:

Meteoric Resources NL momentum entries
  • The first momentum investment strategy would give 223.34% of return on Meteoric Resources NL. That represents 10608.77$ of latent gain with 4749.96$ of employed capital.
  • The second momentum investment strategy would give 272.51% of return on Meteoric Resources NL. That represents 6131.34$ of latent gain with 2249.93$ of employed capital.
Performance at glance (1Q Momentum)

Performance

223.34 %

Latent gain

10608.77 $

Invested capital

4749.96 $

Annualized return

56.95 %
Performance at glance (2Q Momentum)

Performance

272.51 %

Latent gain

6131.34 $

Invested capital

2249.93 $

Annualized return

70.97 %

Momentum equity curve on Meteoric Resources NL

The following chart shows the equity curve of the two momentum strategies applied to Meteoric Resources NL:

Meteoric Resources NL momentum equity

Note: the dividends potentially given by Meteoric Resources NL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Meteoric Resources NL

The following chart shows the employed capital evolution of the two momentum strategies on Meteoric Resources NL since the beginning:

Meteoric Resources NL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Meteoric Resources NL

Buy the dip entry openings on Meteoric Resources NL

Meteoric Resources NL

The performance achieved by the robo-advisor on Meteoric Resources NL is 132.13%. That represents 1321.25$ of latent gain with 999.97$ of employed capital. The following chart shows Meteoric Resources NL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Meteoric Resources NL, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

132.13 %

Latent gain

1321.25 $

Invested capital

999.97 $

Annualized return

56.95 %

Equity curve of the strategy applied to Meteoric Resources NL

The following chart shows the result of the investment strategy applied to Meteoric Resources NL:

Meteoric Resources NL

Note: the dividends potentially given by Meteoric Resources NL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Meteoric Resources NL

The following chart shows the employed capital evolution since the beginning of the investment strategy on Meteoric Resources NL:

Meteoric Resources NL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Meteoric Resources NL

In this section, I will compare the three previous investment strategies applied to Meteoric Resources NL.

Equity curve comparison on Meteoric Resources NL

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Meteoric Resources NL investment strategy comparison

Employed capital comparison on Meteoric Resources NL

Meteoric Resources NL investment comparison

Performance comparison on Meteoric Resources NL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 151.04% 3398.35$ 2250.0$ 34.96%
Momentum 1 quarter 223.34% 10608.77$ 4749.96$ 54.74%
Momentum 2 quarters 272.51% 6131.34$ 2249.93$ 70.97%
Non-directional 132.13% 1321.25$ 999.97$ 56.95%
Annualized return comparison

Automatic investment

34.96 %

Momentum 1Q

70.97 %

Momentum 2Q

70.97 %

Non-directional

56.95 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Meteoric Resources NL:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Meteoric Resources NL and the other stocks. There may be false positives or some missing correlated stocks. If the price of Meteoric Resources NL does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Meteoric Resources NL
Country Australia
City West Perth
Address 33 Ord Street
Phone 61 8 9226 2011
Website www.meteoric.com.au
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XASX
Ticker MEI.XASX
Market www2.asx.com.au

Meteoric Resources NL ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown