Minrex Resources Ltd

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

Company description

MinRex Resources Limited engages in the exploration and development of mineral properties. It focuses on the exploration of gold, silver, copper, lithium, tin, tantalum, and other base metal projects in New South Wales (NSW) and Western Australia. The company holds 70% interests in the Marble Bar North, Marble Bar South, Daltons, and Bamboo Creek gold projects in the East Pilbara region of Western Australia; and 100% interests in the Deflector Extended Gold project located at Gullewa in Western Australia. It also holds 7 exploration licenses in Mt Pleasant, Sofala, and Sunny Corner projects located in the Lachlan Fold Belt in NSW; and exploration licenses in lithium and tantalum deposits, as well as holds farm-in rights for 80% interest in EL7974 and EL7423 projects, and 90% interest in the exploration area of EL5964 project. The company was formerly known as MinRex Resources NL and changed its name to MinRex Resources Limited in January 2016. MinRex Resources Limited was incorporated in 2011 and is based in Perth, Australia.

Financial highlights

Market Capitalization$16.273 million
P/E Ratio0
P/E Growth Ratio0
Book Value0.017
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-4,493.587
Profit Margin0
Operating Margin TTM-50.8923
Return on Assets TTM-0.4134
Return on Equity TTM-0.6577
Revenue TTM348.545

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2012-06-30
2013-06-30 0 0 0 378.316
2014-06-30 0 0 0 493.156
2015-06-30 38.02 0 0 797.41
2016-06-30 14.95 113 0 907.786
2017-06-30 10.09 129 0 633.387
2018-06-30 8.33 0 0 1,557.963
2019-06-30 12.11 910.515
2020-06-30 2.26 962.859
2021-06-30 0.07 1,044.09
2022-06-30 4.48 2,714.42
2023-06-30

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2011-06-30 3,189.245 3,189.245 6.162 3,189
2012-06-30 2,945 3,055 20 3,675
2013-06-30 2,556.853 2,770.915 29.601 3,454.614
2014-06-30 2,047.765 2,333.343 28.664 3,454.614
2015-06-30 1,526.014 1,571.807 26.52 3,454.614
2016-06-30 852.293 896.759 89.352 3,609.573
2017-06-30 1,129.876 1,163.235 37.313 0 4,551.382
2018-06-30 1,540.302 7,264.237 310.45 0 8,773.949
2019-06-30 557.177 6,270.47 121.968 0 8,867.065
2020-06-30 503.687 6,264.94 125.069 28.093 9,806.53
2021-06-30 2,450.024 12,080.094 452.619 57.491 16,071.499
2022-06-30 14,186.746 34,599.171 475.472 24.685 41,516.489
2023-06-30 11,686.964 19,034.225 532.388

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2012-06-30 2,945.321
2013-06-30 -293.464 -1,000 -388.468 2,945.321 2,556.853
2014-06-30 -436.635 -448.208 -509.088 2,556.853 2,047.765
2015-06-30 -759.392 -443.44 -521.751 2,047.765 1,526.014
2016-06-30 -892.839 -826.46 -673.721 1,526.014 852.293
2017-06-30 -623.294 -664.226 277.583 852.293 1,129.876
2018-06-30 -1,550.702 -1,304.027 410.426 1,129.876 1,540.302
2019-06-30 -886.287 -982.031 -983.125 1,540.302 557.177
2020-06-30 -933.333 -964.981 -53.49 557.177 503.687
2021-06-30 -1,093.461 -664.793 1,946.337 503.687 2,450.024
2022-06-30 -2,725.011 -2,658.195 11,736.722 2,450.024 14,186.746
2023-06-30 -17,305.419 -2,499.782 14,186.746 11,686.964