| How Did Apollo Minerals Limited’s (ASX:AON) Earnings Growth Stack Up Against The Industry? | |
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We can further evaluate Apollo Minerals’s loss by looking at what the industry has been experiencing over the past few years. Each year, for the last five years Apollo Minerals’s top-line has risen by 13.95% on average, indicating that the company is in a high-growth period with expenses shooting ahead of revenues, leading to annual losses. Eyeballing growth from a sector-level, the Australian metals and mining industry has been growing its average earnings by double-digit 15.31% over the past twelve months, and 13.13% over the past five years. This shows that, though Apollo Minerals is currently unprofitable, it may have benefited from industry tailwinds, moving earnings in the right direction. What does this mean?Apollo Minerals’s track record can be a valuable insight into its earnings performance, but it certainly doesn’t tell the whole story. Companies that incur net loss is always hard to forecast what will happen in the future and when. The most valuable step is to examine company-specific issues Apollo Minerals may be facing and whether management guidance has consistently been met in the past. You should continue to research Apollo Minerals to get a more holistic view of the stock by looking at: - 1. Financial Health: Is AON’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- 2. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
NB: Figures in this article are calculated using data from the trailing twelve months from 31 December 2017. This may not be consistent with full year annual report figures. To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. |
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Apollo Minerals Limited
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EXPLORATION STAGE |
CODE : AON.AX |
ISIN : AU00000AON7 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Apollo Minerals Ltd is a gold and iron exploration company based in Australia. Its main exploration properties are COMMONWEALTH HILL and MT OSCAR in Australia. Apollo Minerals Ltd is listed in Australia and in Germany. Its market capitalisation is AU$ 3.1 millions as of today (US$ 2.0 millions, € 1.9 millions). Its stock quote reached its highest recent level on August 06, 2010 at AU$ 1.30, and its lowest recent point on May 20, 2016 at AU$ 0.01. Apollo Minerals Ltd has 124 910 000 shares outstanding. |