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Iron Road Limited
Previous close
$0.060
Day range
$0.060 - $0.060
Year range
$0.055 - $0.13
Market cap
49.93M AUD
Avg Volume
69.70K
P/E ratio
-
Dividend yield
-
Primary exchange
ASX
Market news
Financials
Income Statement
Revenue
Net income
(AUD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 408.41K | -18.34% |
Operating expense | 726.03K | 36.10% |
Net income | -317.62K | -541.54% |
Net profit margin | -77.77 | -685.56% |
Earnings per share | — | — |
EBITDA | -307.47K | -1,239.57% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
(AUD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 189.97K | -89.06% |
Total assets | 134.76M | -0.76% |
Total liabilities | 2.32M | -32.64% |
Total equity | 132.44M | — |
Shares outstanding | 832.12M | — |
Price to book | 0.38 | — |
Return on assets | -0.59% | — |
Return on capital | -0.60% | — |
Cash Flow
Net change in cash
(AUD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | -317.62K | -541.54% |
Cash from operations | -91.28K | -122.02% |
Cash from investing | -155.60K | -49.40% |
Cash from financing | 95.58K | -57.85% |
Net change in cash | -151.30K | -128.17% |
Free cash flow | -343.97K | -2.54% |
About
Iron Road Ltd is an Australian iron ore exploration and mining company, listed on the Australian Securities Exchange in Perth, Western Australia since 2008 with an objective to develop a world class magnetite mine and infrastructure in South Australia. Its two projects were the Central Eyre Iron Project, the planned output of which was to be 24 million tonnes per annum of approximately 67 per cent iron concentrate for almost 30 years; and the Gawler Iron Project, in abeyance as of 2021. The company's corporate office is in Adelaide.
The ultimate parent entity and controlling party is The Sentient Group, a manager of closed-end private equity funds specialising in global investments in the natural resource industries, which at 30 June 2020 owned 74.03% of the issued ordinary fully paid shares of Iron Road Limited.
The South Australian government allotted "major development" classification to the Central Eyre Iron Project and the federal government added the rail and port infrastructure to the national Infrastructure Priority List. The company was granted a 21-year mining lease in 2017 for magnetite mining and minerals processing. Wikipedia
Founded
2008
Website
Employees
27