Aspire Mining Share Price and Company Fundamentals
Last traded: Yesterday at 11:01 PM
Aspire Mining Limited engages in the exploration and development of metallurgical coal assets in Mongolia. The company holds 100% interest in the Ovoot coking coal project that consists of one mining license located in north-western Mongolia. It also holds a 90% interest in the Nuurstei coking coal project that consists of one mining license, as well as engages in the pre-development, construction, and operation of the Erdenet to Ovoot railway in northern Mongolia. Aspire Mining Limited was incorporated in 2006 and is based in Perth, Australia.
|Primary activities||Coking Coal exploration and development in Mongolia.|
|Industry / Sector||Coking Coal / Basic Materials|
|Mailing address||190 St Georges Terrace Level 9 Perth WA 6000 Australia|
|Phone / Fax||61 8 9287 4555 / 61 8 9321 4914|
|Share registry||AUTOMIC REGISTRY SERVICES|
Aspire Mining paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.AKM dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
AKM's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Oct 2022, following are the company executives and directors listed on Aspire Mining.
|Mr. Achit-Erdene Darambazar||MD & Exec. Director||244.12k|
|Mr. Samuel Bowles||Chief Operating Officer||40||401.45k|
|Mr. Philip Rundell ACA||Company Sec. & CFO|
|Mr. Scott Southwood||Gen. Mang. of Marketing|
|Mr. Barsbold Tserenpuntsag||Chief Geologist|
|Mr. Michael Montgomery||Geological Consultant|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Aspire Mining is and its enterprise value is .
The AKM's stocks Beta value is 1.18 making it 18% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Aspire Mining (ASX:AKM) Frequently Asked Questions
1. What is Aspire Mining's Stock Symbol?
Aspire Mining trades on ASX under the ticker symbol "AKM".
2. What is Aspire Mining's stock price today?
One share of AKM stock can currently be purchased for approximately $0.097.
3. How can I contact Aspire Mining?
Aspire Mining's mailing address is 190 St Georges Terrace Level 9 Perth WA 6000 Australia. The company can be reached via phone at 61 8 9287 4555.
4. What is Aspire Mining's official website?
The official website of Aspire Mining is https://www.aspiremininglimited.com.
5. Which share registry manages Aspire Mining's stock?
Aspire Mining's stock is managed by AUTOMIC REGISTRY SERVICES.