Mincor Resources NL Stock

Mincor Resources NL P/S 2024

Mincor Resources NL P/S

1.98

Ticker

MCR.AX

ISIN

AU000000MCR8

WKN

256332

As of Sep 21, 2024, Mincor Resources NL's P/S ratio stood at 1.98, a -70.54% change from the 6.72 P/S ratio recorded in the previous year.

The Mincor Resources NL P/S history

Mincor Resources NL Aktienanalyse

What does Mincor Resources NL do?

Mincor Resources NL is an Australian mining company founded in 1996. The company is headquartered in Perth, Western Australia and is listed on the Australian Securities Exchange (ASX). History: Mincor Resources was founded in 1996 by David Moore. Originally, the company operated as an exploration company, focusing on the search for nickel and gold deposits in the Kambalda region of Western Australia. However, in 2002, Mincor began nickel production and began mining at the Miitel Mine and other mines in the region. Business Model: Mincor Resources is a nickel producer and explorer, focusing on developing high-quality nickel sulfide deposits in Western Australia. The company has a range of exploration and production projects, all concentrated in the Kambalda region. The company currently operates several nickel mines, including Miitel, Mariners, Shoemaker, and Cassini. There are also a number of development projects, including Kambalda East and Durkin North. Divisions: Mincor Resources operates in two main business segments: exploration and production. The exploration segment focuses on exploring nickel sulfide deposits in Western Australia, using the latest technologies and techniques to discover and develop new deposits. The production segment involves the extraction of nickel from various mines in Western Australia, utilizing modern technology and methods to maximize production efficiency and reduce operating costs. Products: Mincor Resources produces nickel as its core product from various mines in Western Australia. The company supplies nickel concentrate to customers in Australia and Asia, who use it for the production of stainless steel, batteries, and other products. In addition to nickel, Mincor also produces copper and cobalt as by-products. Future Outlook: The company has a strong growth strategy aimed at increasing production in the coming years. Mincor has launched a comprehensive exploration program in the Kambalda region, with the aim of identifying and developing new deposits. In the long term, the company aims to increase its production to 20,000 metric tons of nickel per year. Conclusion: Mincor Resources is a key nickel supplier in Western Australia and aims to further expand production and develop additional deposits in the Kambalda region. The company has a strong growth strategy and is on track to achieve its goals. By using state-of-the-art technology and methods, the company is working to maximize production efficiency and reduce operating costs. Mincor Resources NL ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Mincor Resources NL's P/S Ratio

Mincor Resources NL's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Mincor Resources NL's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Mincor Resources NL's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Mincor Resources NL’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Mincor Resources NL stock

What is the price-to-earnings ratio of Mincor Resources NL?

The price-earnings ratio of Mincor Resources NL is currently 1.98.

How has the price-earnings ratio of Mincor Resources NL changed compared to last year?

The price-to-earnings ratio of Mincor Resources NL has increased by -70.54% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Mincor Resources NL high compared to other companies?

Yes, the price-to-earnings ratio of Mincor Resources NL is high compared to other companies.

How does an increase in the price-earnings ratio of Mincor Resources NL affect the company?

An increase in the price-earnings ratio of Mincor Resources NL would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Mincor Resources NL affect the company?

A decrease in the price-earnings ratio of Mincor Resources NL would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Mincor Resources NL?

Some factors that influence the price-earnings ratio of Mincor Resources NL are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Mincor Resources NL pay?

Over the past 12 months, Mincor Resources NL paid a dividend of 0.03 AUD . This corresponds to a dividend yield of about 2.06 %. For the coming 12 months, Mincor Resources NL is expected to pay a dividend of 0 AUD.

What is the dividend yield of Mincor Resources NL?

The current dividend yield of Mincor Resources NL is 2.06 %.

When does Mincor Resources NL pay dividends?

Mincor Resources NL pays a quarterly dividend. This is distributed in the months of September, March, September, March.

How secure is the dividend of Mincor Resources NL?

Mincor Resources NL paid dividends every year for the past 7 years.

What is the dividend of Mincor Resources NL?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Mincor Resources NL located?

Mincor Resources NL is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Mincor Resources NL kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mincor Resources NL from 3/20/2015 amounting to 0.029 AUD, you needed to have the stock in your portfolio before the ex-date on 2/19/2015.

When did Mincor Resources NL pay the last dividend?

The last dividend was paid out on 3/20/2015.

What was the dividend of Mincor Resources NL in the year 2023?

In the year 2023, Mincor Resources NL distributed 0 AUD as dividends.

In which currency does Mincor Resources NL pay out the dividend?

The dividends of Mincor Resources NL are distributed in AUD.

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Andere Kennzahlen von Mincor Resources NL

Our stock analysis for Mincor Resources NL Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mincor Resources NL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.