Horseshoe Metals Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Horseshoe Metals Limited engages in the exploration and development of mineral properties in Australia. The company explores for copper and gold deposits. It owns 100% interests in the Horseshoe Lights project that comprises seventeen tenements covering an area of approximately 285 square kilometers located in Bryah Basin region of Western Australia; and the Kumarina project that consists of a small mining lease and a mining lease covering approximately 3.2 square kilometers located in the Gascoyne region of Western Australia. The company also owns 100% interest in the Glenloth gold project covering approximately 107 square kilometers located in South Australia. Horseshoe Metals Limited was incorporated in 2006 and is based in West Perth, Australia.

Financial highlights

Market Capitalization$5.7913 million
P/E Ratio0
P/E Growth Ratio0
Book Value0
Dividend Per Share0
Earnings Per Share-0.0024
EBITDA-1,073.955
Profit Margin0
Operating Margin TTM32.9157
Return on Assets TTM-0.0798
Return on Equity TTM0
Revenue TTM-33.29

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2009-12-31
2010-12-31 143 954.938
2011-12-31 183 40 2,773.058
2012-12-31 102 3 1,779.887
2013-12-31 49 0 70.974 8,501.062
2014-12-31 11 0 43.732 1,340.868
2015-12-31 2.69 16.875 151.662 1,666.945
2016-12-31 0.06 375 0.057 868.519
2017-12-31 0 467 0 2,426.295
2018-12-31 2.33 0 277.778 817.66
2019-12-31 0 662.871
2020-12-31 0 1,063.155
2021-12-31 32.59 2,227.306
2022-12-31 20.8 2,070.694

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2009-12-31 5,090.507 6,901.292 2,655.716 8,732.864
2010-12-31 3,531.185 11,505.525 3,028.754 9,073.046
2011-12-31 916.331 10,662.891 4,333.092 9,271.882
2012-12-31 1,148.697 14,470.55 4,531.273 8.801 29 14,088.232
2013-12-31 309.978 6,978.287 4,568.336 23.501 20 14,710.46
2014-12-31 403.697 7,249.022 4,436.892 9.951 10 16,511.893
2015-12-31 11.452 6,671.02 5,333.298 563.73 16,535.893
2016-12-31 6.389 6,657.104 5,471.085 2.237 202.28 17,158.393
2017-12-31 7.657 6,707.841 7,948.117 583.747 583.75 17,158.393
2018-12-31 3.593 6,613.705 8,494.365 0 862.92 17,158.393
2019-12-31 0.473 6,823.636 9,251.198 0 1,198.3 17,358.393
2020-12-31 98.27 7,169.498 9,975.052 0 1,637.04 18,152.393
2021-12-31 1,373.995 8,468.103 10,304.39 26.953 1,611.79 21,374.429
2022-12-31 6.778 8,255.625 9,789.361 724.78 869.33 23,685.172

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2009-12-31 271.594
2010-12-31 -530.785 3,259.591 271.594 3,531.185
2011-12-31 -2,513.558 -2,614.854 3,531.185 916.331
2012-12-31 -1,501.134 232.366 916.331 1,148.697
2013-12-31 -8,430.088 -1,220.806 -838.719 1,148.697 309.978
2014-12-31 -1,297.136 -706.137 93.719 309.978 403.697
2015-12-31 -1,498.408 -5.69 -392.245 403.697 11.452
2016-12-31 -868.462 -268.35 -5.063 11.452 6.389
2017-12-31 -2,426.295 -161.648 1.268 6.389 7.657
2018-12-31 -640.384 -110.112 -4.064 7.657 3.593
2019-12-31 -830.931 -261.48 -3.12 3.593 0.473
2020-12-31 -1,285.234 -493.302 97.797 0.473 98.27
2021-12-31 -2,309.46 3.967 1,275.725 98.27 1,373.995
2022-12-31 -2,609.649 -2,575.851 -1,367.217 1,373.995 6.778