AXIOM MINING LIMITED (AVQ)



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General Information
Company Name: Axiom Mining Limited
Stock Code: AVQ
Website: www.axiom-mining.com
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 31
Equiv. Shares (M): 2,220

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.015 $ 0.014 $ 0.015 $ 0.014 $ 0.014 901,307 $ 0.001  7.143 %

Company Overview

Business Description:
Axiom Mining Limited (AVQ) is an advanced mineral exploration company with an 80% interest in the world class Isabel Island nickel deposit in the Solomon Islands, gold and silver projects in Vietnam and 100% owned prospective gold, silver and copper tenements in Chillagoe, North Queensland, in Australia.


Financial Summary
Year to Sep NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -4.9 -0.4 -- 0.0 0.0 0.0 --
2011  A -8.1 -0.8 -- 0.0 0.0 0.0 --
2010  A -2.6 -0.4 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Axiom Mining (AVQ) $36 M -- -- -- -- -- -- 0.0000 -- --
BHP Billiton (BHP) $111,735 M -0.1359 -0.2135 0.2031 11.0462 14.0446 11.6737 0.0316 0.0333 0.0368
Iluka Resources (ILU) $4,530 M -0.2536 -0.6358 1.2100 11.9916 32.9276 14.8995 0.0323 0.0129 0.0312
Rio Tinto (RIO) $24,150 M -0.3874 0.0915 0.2007 11.4471 10.4871 8.7343 0.0290 0.0334 0.0370
Sims Metal Management (SGM) $2,033 M -0.6378 -0.2456 1.9594 29.5515 39.1732 13.2367 0.0201 0.0106 0.0366

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AVQ -- -- 1.07 -- --
Market 1.08 13.3 0.91 2.59 2.57
Sector 0.59 9.02 0.70 2.13 7.50

Directors
Name Position Start Date
Mr Ryan Richard Mount Managing Director 22 April 2009
Mr Stephen Ray Williams Non-Executive Chairman 30 June 2010
Mr Anthony Faillace Non-Executive Director 15 February 2013

Management
Name Position
Valerie Valdez Chief Financial Officer,Company Secretary
Eamonn Dare Chief Geologist

Substantial Shareholders
Holding Name
-- (--%) Not Disclosed in Annual Report

Calendar of Events
Date Event
30 April 2014 Report (Quarterly)
27 February 2014 Report (Annual)
31 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
29 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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