Simply Wall St has no position in any stocks mentioned. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature. Alternatively, email editorial-team (at). Have feedback on this article? Concerned about the content? Get in touch with us directly. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on AVZ Minerals’s board and the CEO’s background. Valuation: What is AVZ Minerals worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether AVZ Minerals is currently mispriced by the market. We've also compiled a list of relevant aspects you should further examine: For a more comprehensive look at AVZ Minerals, take a look at AVZ Minerals' company page on Simply Wall St. There are key fundamentals of AVZ Minerals which are not covered in this article, but we must stress again that this is merely a basic overview. AVZ holds 75 of the Manono Project with rights to secure additional interests. AVZ has a 60 per cent interest in the Manono Project (15 under Option from Dathomir Mining Resources). Should the business grow at a slower rate, it will become profitable at a later date than expected. AVZ Minerals Limited (AVZ) is a mineral exploration company focused on developing the Manono Lithium and Tin Project located in the south of the Democratic Republic of Congo (DRC) in central Africa. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 85%, which signals high confidence from analysts. Therefore, the company is expected to breakeven roughly 2 years from today. They anticipate the company to incur a final loss in 2023, before generating positive profits of AU$73m in 2024. We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.ĪVZ Minerals is bordering on breakeven, according to some Australian Metals and Mining analysts. As path to profitability is the topic on AVZ Minerals' investors mind, we've decided to gauge market sentiment. On 30 June 2021, the AU$2.8b market-cap company posted a loss of AU$5.4m for its most recent financial year. AVZ Minerals Limited explores for mineral properties. With the business potentially at an important milestone, we thought we'd take a closer look at AVZ Minerals Limited's ( ASX:AVZ) future prospects.
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