Future Metals (FME) Share Price, News & Analysis

Company Overview

Future Metals NL (ASX:AIM | FME) is an Australian based exploration Company focused on advancing its Panton PGM Project in the eastern Kimberley region of Western Australia. The 100% owned Panton PGM-Ni Project is located 60kms north of the town of Halls Creek in the eastern Kimberly region of Western Australia, a tier one mining jurisdiction. The project is located on three granted mining licences and situated just 1km off the Great North Highway which accesses the Port of Wyndham. The Project hosts an independent JORC Code (2012) MRE of 129Mt @ 1.20g/t PGM3E1, 0.19% Ni, 0.04% Cu and 154ppm Co (1.66g/t PdEq2) at a cut-off grade of 0.90g/t PdEq2 for contained metal of 5.0Moz PGM3E1, 239kt Ni, 48kt Cu and 20kt Co (6.9Moz PdEq2). The MRE includes a high-grade reef of 25Mt @ 3.57g/t PGM3E1, 0.24% Ni, 0.07% Cu and 192ppm Co (3.86g/t PdEq2) for contained metal of 2.9Moz PGM3E1, 60kt Ni, 18kt Cu and 5kt Co (3.2Moz PdEq2) (refer to the Company’s announcement of 21 June 2022 for further details). PGM-Ni mineralisation occurs within a layered, differentiated mafic-ultramafic intrusion referred to as the Panton intrusive which is a 12km long and 3km wide, south-west plunging synclinal intrusion. PGM mineralisation is hosted within a series of stratiform chromite reefs as well as a surrounding zone of mineralised dunite within the ultramafic package.

Key Stats

• Today's Range: 0.78 to 0.89
• 50-Day Range: 0.61 to 0.98
• 52-Week Range: 0.46 to 1.27
• Volume: 481,583 shs
• Average Volume: 381,111 shs
• Market Capitalization: £9.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FME Stock Analysis - Frequently Asked Questions

How have FME shares performed this year?

Future Metals' stock was trading at GBX 0.72 at the start of the year. Since then, FME shares have increased by 14.4% and is now trading at GBX 0.83.

How do I buy shares of Future Metals?

Shares of FME stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Future Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Future Metals investors own include AutoZone (AZO), Intel (INTC), TJX Companies (TJX), Abacus Health Products (ABAHF), Avino Silver & Gold Mines (ASM), Bank of America (BAC) and Cal-Maine Foods (CALM).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Precious Metals & Mining
• Sub-Industry: Healthcare
• Current Symbol: LON:FME
• CIK: N/A
• Web: www.future-metals.com.au
• Phone: 61 8 9480 0414
• Fax: N/A
• Employees: 123,200
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX (0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£7.83 million
• Net Margins: -5,025.96%
• Pretax Margin: N/A
• Return on Equity: -21.02%
• Return on Assets: -11.36%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.02
• Quick Ratio: 3.19

Sales & Book Value

• Annual Sales: £155.84 thousand
• Price / Sales: 60.52
• Cash Flow: GBX 0.10 per share
• Price / Cash Flow: 8.50
• Book Value: GBX 3.45 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 1,143,099,014
• Free Float: N/A
• Market Cap: £9.43 million
• Optionable: Not Optionable
• Beta: 1.26