AUSTRALIAN COMPANY NEWS BITES
STOCK REPORT
Matsa Resources Limited (ASX:MAT), Australia's 135th largest materials company by market capitalisation, closed unchanged at 45.0c. Compared with the All Ordinaries Index, which fell 21.5 points (or 0.4%) on the day, this was a relative price change of 0.4%. The volume was 1.0 time the average trading of 489,131 shares.
Bearish Signals
Fundamental measures by comparison with the sector average [in brackets] indicate Overvaluation:
- Price to Book of 3.6 [2.3].
Other Bearish Signals:
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 3.2. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.
Description | Value | Rank In Market |
Volatility % | 7.8 | In Bottom Quartile |
Price to Book Value | 3.6 | In Bottom Quartile |
%Prem To Vol Wtd Price | 2.3 | In Bottom Quartile |
Bullish Signals
- A two-bagger in the past year, the present value of $1,000 (PV$1000) invested one year ago is $2,647, for a capital gain of $1,647.
PV$1000 | 1-week | 1-month | 1-year |
MAT.ASX | 928 | 1,216 | 2,647 |
All Ordinaries Index | 976 | 985 | 1,201 |
Description | Value | Rank In Market |
Price/MAP50 | 1.17 | In Top 4% |
Total Debt to Equity | 0.004 | In Top 4% |
Price/MAP200 | 1.34 | In Top 8% |
Relative Strength (6M) | 83 | In Top Quartile |
Note
Volume: there were 483,007 shares worth $227,860 traded.
Beta: the Beta of this stock is 1.1. A Beta greater than 1 suggests this is a high risk, high return stock with volatility greater than that of the market.
- It is at a discount of 18.2% to the 12-month high of 55.0c on 11 Mar, 2013. It is also at a premium of 350.0% to the 12-month low of 10.0c on 05 Jul, 2012.
Description | Value | Rank In Market |
MCap | US$63 million | In 2nd Quartile |
COMPANY ANNOUNCEMENTS
The last 7 company announcements are:
March 15: Matsa Resources: Half Year Accounts
[Company Release] http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/News/208180.pdf
March 07: Matsa Resources: Symons Hill Tenement Granted
[Company Release]Matsa Resources ("Matsa" or "the Company" ASX:MAT) is pleased to announce the Department of Mines and Petroleum has granted to the Company its 100% owned Symons Hill Project Exploration License E69/3070 in the Fraser Range (Figures 1 and 2).This tenement represents exciting Nickel-Copper targets and Matsa will immediately commence exploration activities.Matsa also confirms that the native title heritage agreement has been signed. http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/News/206511.pdf
February 07: Matsa Resources: Reseach Report
[Company Release]Matsa Resources (ASX:MAT) ("Matsa" or the "Company") is pleased to advise that State One Stockbroking Ltd has issued an updated research note on the Company. This report has been made available on Matsa's website at www.matsa.com.au.
January 31: Matsa Resources: 31 December 2012 Quarterly Report & 5B
[Company Release] http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/News/199338.pdf
December 27: Matsa Resources increases issued capital by 0.1%
Matsa Resources (MAT.AU) has announced an increase of 100,000 shares (or 0.1%) in total share on issue from 134,521,781 to 134,621,781. The effective date is 24 Dec, 2012.
December 19: Matsa Resources: Symons Hill Preliminary VTEM Results
[Company Release] http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/News/193116.pdf
December 03: Matsa Resources increases issued capital by 1.6%
Matsa Resources (MAT.AU) has announced an increase of 2,100,000 shares (or 1.6%) in total share on issue from 132,421,781 to 134,521,781. The effective date is 30 Nov, 2012.
ISIN: AU000000MAT8
AU:MAT; ASX:MAT; AX:MAT;
Source: www.BuySellSignals.com
