Summit Minerals Ltd

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

Company description

Summit Minerals Limited engages in the acquisition, exploration, and development of battery mineral projects in Australia. The company primarily explores for uranium, gold, antimony, and pegmatite lithium deposits. It holds 100% interests in the Stallion Rare Earth Element (REE) uranium project comprising one exploration tenement that covers an area of 18 square kilometers located in south-eastern Western Australia; the Windfall Antimony project, which includes one exploration tenement that covers an area of 234 square kilometers situated in north-east New South Wales; and the Phillips River Lithium project consisting of two granted exploration tenements covering an area of 42.6 square kilometers located in Western Australia. The company also holds 100% interests in the Northern Lithium REE project comprising two granted exploration tenements covering an area of 78 square kilometers located in Western Australia; and the Bridgetown Lithium project, which includes two granted exploration tenements located north and south of Bridgetown in Western Australia. Summit Minerals Limited was incorporated in 2021 and is headquartered in Mount Hawthorn, Australia.

Financial highlights

Market Capitalization$5.7189 million
P/E Ratio0
P/E Growth Ratio0
Book Value0.165
Dividend Per Share0
Earnings Per Share
EBITDA-791.605
Profit Margin0
Operating Margin TTM-14.1178
Return on Assets TTM-0.1688
Return on Equity TTM-0.3448
Revenue TTM66.286

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2006-12-31
2007-12-31
2008-12-31
2009-12-31
2010-12-31
2011-12-31
2012-12-31
2013-12-31 0 0 0 9,254
2014-12-31 0 0 0 3,738
2015-12-31 0 0 0 3,601
2016-12-31 34,289 33,263 1,026 46,951
2017-12-31 32,560 34,965 -2,405 48,406
2021-12-31 0

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2006-12-31 216 362 133 220
2007-12-31 4,103 6,503 305 644
2008-12-31 575 6,636 1,654 652
2009-12-31 3,399 11,626 465 1,275
2010-12-31 4,248 16,495 997 1,539
2011-12-31 1,570 16,662 1,508 1,906
2012-12-31 7,812 37,394 7,933 4,401
2013-12-31 4,127 48,527 12,432 3,415 601 6,800
2014-12-31 26,527 92,694 47,993 314 32,457 9,547
2015-12-31 890 69,413 61,219 941 42,298 11,436
2016-12-31 2,500 63,130 87,001 20,209 45,868 11,472
2017-12-31 2,105 53,715 79,269 5,000 41,360 4,897
2021-12-31 828.42 1,008.38 0 300.01

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2006-12-31
2007-12-31
2008-12-31
2009-12-31
2010-12-31
2011-12-31
2012-12-31
2013-12-31 -18,873 -3,708 -3,685
2014-12-31 -4,342 -3,603 22,400
2015-12-31 -45,250 -2,743 -25,637
2016-12-31 -29,393 -953 1,610
2017-12-31 -25,829 5,090 -395
2021-12-31 -232.59 58.75