MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of steelmaking and thermal coal projects in South Africa. Its flagship project is the 67% owned Makhado steelmaking hard coking coal project located in the Soutpansberg coalfield in the Limpopo province. The company was formerly known as Coal of Africa Limited and changed its name to MC Mining Limited in November 2017. MC Mining Limited was incorporated in 1979 and is based in Melbourne, Australia.
Research context
MC Mining Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Energy
- Industry
- Thermal Coal
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5 years, 6 months ago
MC Mining Limited is currently in a long term downtrend where the price is trading 17.3% below its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.0.
MC Mining Limited's total revenue sank by 22.5% to $9M since the same quarter in the previous year.
Its net income has increased by 62.3% to $-3M since the same quarter in the previous year.
Finally, its free cash flow grew by 50.5% to $-2M since the same quarter in the previous year.
Based on the above factors, MC Mining Limited gets an overall score of 3/5.