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Ironbark Zinc

ASX:IBG
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IBG
ASX
A$6M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Ironbark Zinc Limited explores for and evaluates mineral properties in Greenland and Australia. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
  • Ironbark Zinc has significant price volatility in the past 3 months.
IBG Share Price and Events
7 Day Returns
20%
ASX:IBG
4.4%
AU Metals and Mining
5%
AU Market
1 Year Returns
-76.9%
ASX:IBG
-19.1%
AU Metals and Mining
-19.2%
AU Market
IBG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ironbark Zinc (IBG) 20% -40% -53.8% -76.9% -92.1% -93.6%
AU Metals and Mining 4.4% -11.2% -21.3% -19.1% 10.4% 23.4%
AU Market 5% -20.3% -25.8% -19.2% -16.8% -17.5%
1 Year Return vs Industry and Market
  • IBG underperformed the Metals and Mining industry which returned -19.1% over the past year.
  • IBG underperformed the Market in Australia which returned -19.2% over the past year.
Price Volatility
IBG
Industry
5yr Volatility vs Market

IBG Value

 Is Ironbark Zinc undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ironbark Zinc. This is due to cash flow or dividend data being unavailable. The share price is A$0.006.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ironbark Zinc's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ironbark Zinc's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:IBG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.00
ASX:IBG Share Price ** ASX (2020-04-02) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 76 Publicly-Listed Metals and Mining Companies 8.02x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 12.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ironbark Zinc.

ASX:IBG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:IBG Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-3.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ironbark Zinc is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Ironbark Zinc is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Ironbark Zinc's expected growth come at a high price?
Raw Data
ASX:IBG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 40 Publicly-Listed Metals and Mining Companies 0.43x
Australia Market PEG Ratio Median Figure of 336 Publicly-Listed Companies 1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ironbark Zinc, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ironbark Zinc's assets?
Raw Data
ASX:IBG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.07
ASX:IBG Share Price * ASX (2020-04-02) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 556 Publicly-Listed Metals and Mining Companies 1.05x
Australia Market PB Ratio Median Figure of 1,614 Publicly-Listed Companies 1.24x
ASX:IBG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:IBG Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.07

0.09x

* Primary Listing of Ironbark Zinc.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ironbark Zinc is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Ironbark Zinc's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ironbark Zinc has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IBG Future Performance

 How is Ironbark Zinc expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ironbark Zinc has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.9%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ironbark Zinc expected to grow at an attractive rate?
  • Unable to compare Ironbark Zinc's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ironbark Zinc's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Ironbark Zinc's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:IBG Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 0.9%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.2%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:IBG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:IBG Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:IBG Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 -2 -1
2019-09-30 0 -4 -1
2019-06-30 -5 -1
2019-03-31 0 -5 -1
2018-12-31 0 -5 -2
2018-09-30 0 -4 -2
2018-06-30 -3 -2
2018-03-31 0 -3 -2
2017-12-31 0 -2 -2
2017-09-30 0 -2 -2
2017-06-30 -2 -2
2017-03-31 0 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ironbark Zinc is high growth as no earnings estimate data is available.
  • Unable to determine if Ironbark Zinc is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:IBG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ironbark Zinc Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:IBG Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:IBG Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.00
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ironbark Zinc will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ironbark Zinc's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ironbark Zinc's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Ironbark Zinc's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ironbark Zinc's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ironbark Zinc has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IBG Past Performance

  How has Ironbark Zinc performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ironbark Zinc's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ironbark Zinc does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ironbark Zinc's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ironbark Zinc's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Ironbark Zinc's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ironbark Zinc Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:IBG Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -0.03 -1.43 0.68
2019-09-30 -0.01 -1.33 0.74
2019-06-30 -1.23 0.80
2019-03-31 0.01 -1.48 1.29
2018-12-31 0.02 -1.74 1.55
2018-09-30 0.01 -1.76 1.43
2018-06-30 -1.78 1.31
2018-03-31 0.00 -1.67 1.26
2017-12-31 0.00 -1.56 1.21
2017-09-30 0.00 -1.61 1.19
2017-06-30 -1.65 1.16
2017-03-31 -0.01 -1.57 1.11
2016-12-31 -0.01 -1.49 1.06
2016-09-30 -0.01 -1.34 1.08
2016-06-30 -1.19 1.10
2016-03-31 0.01 -24.63 1.12
2015-12-31 0.01 -48.06 1.13
2015-09-30 0.01 -48.25 1.31
2015-06-30 -48.45 1.49
2015-03-31 -26.46 1.28
2014-12-31 -4.48 1.07
2014-09-30 -4.57 1.17
2014-06-30 -4.66 1.28
2014-03-31 -0.11 -3.46 1.66
2013-12-31 -0.21 -2.25 2.04
2013-09-30 -0.11 -2.16 1.87
2013-06-30 -2.08 1.71

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ironbark Zinc has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ironbark Zinc has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ironbark Zinc improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ironbark Zinc's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ironbark Zinc has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IBG Health

 How is Ironbark Zinc's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ironbark Zinc's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ironbark Zinc is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ironbark Zinc has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ironbark Zinc's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Ironbark Zinc has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ironbark Zinc Company Filings, last reported 3 months ago.

ASX:IBG Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 57.54 0.00 1.16
2019-09-30 57.54 0.00 1.16
2019-06-30 56.04 0.00 0.60
2019-03-31 56.04 0.00 0.60
2018-12-31 56.79 0.00 2.12
2018-09-30 56.79 0.00 2.12
2018-06-30 54.18 0.00 5.18
2018-03-31 54.18 0.00 5.18
2017-12-31 48.44 0.00 1.31
2017-09-30 48.44 0.00 1.31
2017-06-30 47.58 0.00 2.47
2017-03-31 47.58 0.00 2.47
2016-12-31 45.61 0.00 1.45
2016-09-30 45.61 0.00 1.45
2016-06-30 45.89 0.00 2.23
2016-03-31 45.89 0.00 2.23
2015-12-31 44.76 0.00 1.21
2015-09-30 44.76 0.00 1.21
2015-06-30 45.21 0.00 2.13
2015-03-31 45.21 0.00 2.13
2014-12-31 92.73 0.00 3.16
2014-09-30 92.73 0.00 3.16
2014-06-30 90.52 0.00 2.19
2014-03-31 90.52 0.00 2.19
2013-12-31 94.16 0.00 3.23
2013-09-30 94.16 0.00 3.23
2013-06-30 92.69 0.00 2.12
  • Ironbark Zinc has no debt.
  • Ironbark Zinc has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Ironbark Zinc has less than a year of cash runway based on current free cash flow.
  • Ironbark Zinc has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.1% each year.
X
Financial health checks
We assess Ironbark Zinc's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ironbark Zinc has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IBG Dividends

 What is Ironbark Zinc's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ironbark Zinc dividends.
If you bought A$2,000 of Ironbark Zinc shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ironbark Zinc's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ironbark Zinc's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:IBG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 367 Stocks 5.5%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:IBG Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ironbark Zinc has not reported any payouts.
  • Unable to verify if Ironbark Zinc's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ironbark Zinc's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ironbark Zinc has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ironbark Zinc's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ironbark Zinc afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ironbark Zinc has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IBG Management

 What is the CEO of Ironbark Zinc's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michael Jardine-Hargrave
TENURE AS CEO 0.6 years
CEO Bio

Mr. Michael John Jardine-Hargrave, B.Com(hons), serves as Managing Director at Ironbark Zinc Ltd. from September 23, 2019. Mr. Jardine has been Business Development Manager of General Mining Corporation Limited since May 22, 2016. Mr. Jardine serves as General Manager Corporate & Investor Relations at Eastern Goldfields Limited. Mr. Jardine has experience in Corporate Finance & investment including debt & equity raisings, M&A transactions and strategy development in both Perth and London, UK. Prior to his time with Investment, he held roles at Argonaut Limited in Perth and with London-listed Aegis Plc’s Synovate business in both Perth and London. He has been a Non-Executive Director of TNT Mines Limited since June 27, 2017. He served as a Non-Executive Director of Atrum Coal Limited since February 2017 until August 17, 2017. He served as a Non-Executive Director of Pegasus Metals Limited from July 22, 2015 to August 31, 2016. Mr. Jardine holds an honours Degree graduate in Commerce from the University of Western Australia.

CEO Compensation
  • Insufficient data for Michael to compare compensation growth.
  • Insufficient data for Michael to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team

Michael Jardine-Hargrave

TITLE
Managing Director
TENURE
0.6 yrs

Jonathan Whyte

TITLE
Company Secretary
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure of the Ironbark Zinc board of directors in years:

0.9
Average Tenure
  • The average tenure for the Ironbark Zinc board of directors is less than 3 years, this suggests a new board.
Board of Directors

Fred Hess

TITLE
Independent Non-Executive Chairman
AGE
62
TENURE
0.6 yrs

Maciej Sciazko

TITLE
Non-Executive Director
TENURE
1.8 yrs

Danny Segman

TITLE
Non-Executive Director
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
02. Apr 20 Buy Toronga Pl Company 01. Apr 20 01. Apr 20 681,127 A$0.01 A$4,109
01. Apr 20 Buy Toronga Pl Company 27. Mar 20 31. Mar 20 1,875,678 A$0.01 A$9,796
27. Mar 20 Buy Toronga Pl Company 24. Mar 20 26. Mar 20 3,541,195 A$0.01 A$18,468
16. Mar 20 Buy Toronga Pl Company 12. Mar 20 12. Mar 20 7,000,000 A$0.01 A$49,262
04. Feb 20 Buy Toronga Pl Company 03. Feb 20 03. Feb 20 83,237 A$0.01 A$1,004
03. Feb 20 Buy Toronga Pl Company 29. Jan 20 31. Jan 20 2,916,763 A$0.01 A$35,176
03. Feb 20 Buy Dulyne Pty. Ltd. Company 29. Jan 20 31. Jan 20 1,000,000 A$0.01 A$12,060
19. Jan 20 Buy Toronga Pl Company 17. Jan 20 17. Jan 20 1,000,000 A$0.01 A$13,064
16. Jan 20 Buy Toronga Pl Company 13. Jan 20 15. Jan 20 500,000 A$0.01 A$6,525
13. Jan 20 Buy Dulyne Pty. Ltd. Company 10. Jan 20 10. Jan 20 1,487,472 A$0.01 A$17,977
10. Jan 20 Buy Dulyne Pty. Ltd. Company 07. Jan 20 09. Jan 20 2,517,344 A$0.01 A$30,371
06. Jan 20 Buy Dulyne Pty. Ltd. Company 02. Jan 20 03. Jan 20 87,001 A$0.01 A$1,131
01. Jan 20 Buy Dulyne Pty. Ltd. Company 31. Dec 19 31. Dec 19 908,183 A$0.01 A$11,320
02. Dec 19 Buy Toronga Pl Company 29. Nov 19 29. Nov 19 2,500,000 A$0.01 A$29,999
18. Nov 19 Buy Dulyne Pty. Ltd. Company 18. Nov 19 18. Nov 19 1,000,000 A$0.02 A$15,000
15. Nov 19 Buy Dulyne Pty. Ltd. Company 14. Nov 19 15. Nov 19 2,000,000 A$0.01 A$28,827
11. Nov 19 Buy Dulyne Pty. Ltd. Company 08. Nov 19 08. Nov 19 775,276 A$0.01 A$11,628
08. Nov 19 Buy Dulyne Pty. Ltd. Company 06. Nov 19 07. Nov 19 724,724 A$0.01 A$10,272
06. Nov 19 Buy Toronga Pl Company 31. Oct 19 04. Nov 19 3,000,000 A$0.01 A$42,481
23. Sep 19 Buy Dulyne Pty. Ltd. Company 23. Sep 19 23. Sep 19 1,500,000 A$0.02 A$28,654
04. Aug 19 Buy Dulyne Pty. Ltd. Company 01. Aug 19 02. Aug 19 500,000 A$0.02 A$7,542
31. Jul 19 Buy Dulyne Pty. Ltd. Company 31. Jul 19 31. Jul 19 4,000,000 A$0.02 A$60,329
23. Jul 19 Buy Toronga Pl Company 22. Jul 19 23. Jul 19 1,000,000 A$0.02 A$19,131
23. Jul 19 Buy Dulyne Pty. Ltd. Company 22. Jul 19 23. Jul 19 500,000 A$0.02 A$9,565
23. Jul 19 Buy Jonathan Downes Individual 23. Jul 19 23. Jul 19 130,000 A$0.02 A$2,430
19. Jul 19 Buy Toronga Pl Company 17. Jul 19 18. Jul 19 1,250,000 A$0.02 A$21,371
19. Jul 19 Buy Dulyne Pty. Ltd. Company 17. Jul 19 18. Jul 19 750,000 A$0.02 A$12,823
16. Jul 19 Buy Dulyne Pty. Ltd. Company 15. Jul 19 15. Jul 19 1,050,000 A$0.02 A$17,300
14. Jul 19 Buy Katrina Downes Individual 10. Jul 19 12. Jul 19 200,000 A$0.02 A$3,500
14. Jul 19 Buy Jonathan Downes Individual 10. Jul 19 12. Jul 19 200,000 A$0.02 A$3,500
10. Jul 19 Buy Dulyne Pty. Ltd. Company 10. Jul 19 10. Jul 19 200,000 A$0.02 A$3,400
04. Jul 19 Buy Dulyne Pty. Ltd. Company 04. Jul 19 04. Jul 19 7,000,000 A$0.02 A$113,135
10. May 19 Buy Toronga Pl Company 26. Mar 19 07. May 19 4,000,000 A$0.02 A$95,261
10. May 19 Buy Dulyne Pty. Ltd. Company 14. Mar 19 08. May 19 10,500,000 A$0.02 A$251,035
X
Management checks
We assess Ironbark Zinc's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ironbark Zinc has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IBG News

Simply Wall St News

When Can We Expect A Profit From Ironbark Zinc Limited (ASX:IBG)?

See our latest analysis for Ironbark Zinc According to the industry analysts covering IBG, breakeven is near. … Next Steps: This article is not intended to be a comprehensive analysis on IBG, so if you are interested in understanding the company at a deeper level, take a look at IBG’s company page on Simply Wall St. … Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Ironbark Zinc’s board and the CEO’s back ground.Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records?

Simply Wall St -

What You Must Know About Ironbark Zinc Limited's (ASX:IBG) Market Risks

Generally, an investor should consider two types of risk that impact the market value of IBG. … The second risk is market-wide, which arises from investing in the stock market. … The most widely used metric to quantify a stock's market risk is beta, and the market as a whole represents a beta of one.

Simply Wall St -

Does Ironbark Zinc Limited's (ASX:IBG) -21.5% EPS Decline Reflect A Long-Term Trend?

After looking at Ironbark Zinc Limited's (ASX:IBG) latest earnings announcement (30 June 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … Ironbark Zinc's latest twelve-month earnings -A$1.7M, which, relative to the prior year's level, has become more negative. … This means any tailwind the industry is profiting from, Ironbark Zinc has not been able to gain as much as its average peer.What does this mean?

Simply Wall St -

IBG Company Info

Description

Ironbark Zinc Limited explores for and evaluates mineral properties in Greenland and Australia. The company primarily explores for zinc, gold, copper, silver, lead, and base and precious metals. Its principal project is the Citronen project located in Greenland. The company was formerly known as Ironbark Gold Limited and changed its name to Ironbark Zinc Limited in November 2009. Ironbark Zinc Limited is based in West Perth, Australia.

Details
Name: Ironbark Zinc Limited
IBG
Exchange: ASX
Founded:
A$5,522,454
920,409,145
Website: http://www.ironbark.gl
Address: Ironbark Zinc Limited
22 Railway Road,
Level 3,
Subiaco,
Western Australia, 6008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX IBG Ordinary Shares Australian Securities Exchange AU AUD 16. Aug 2006
CHIA IBG Ordinary Shares Chi-X Australia AU AUD 16. Aug 2006
Number of employees
Current staff
Staff numbers
0
Ironbark Zinc employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 10:43
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2018/09/17
Last earnings filing: 2020/03/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.