Cassini Resources Limited (CZI)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today Ľ it's FREE! Already a member? Login now!


General Information
Company Name: Cassini Resources Limited
Stock Code: CZI
Website: www.cassiniresources.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 26
Equiv. Shares (M): 114

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.225 $ 0.230 $ 0.230 $ 0.225 $ 0.230 134,443 $ -0.005  -2.174 %

Company Overview

Business Description:
Cassini Resources Limited (CZI) is an Australia resource exploration with a dual focus on nickel, copper and gold prospects in Western Australia and gold exploration projects in Nevada (USA). The Company’s priority is the Western Australian projects, located in Musgrave region. CZI is also looking to identify and assess other resource exploration projects.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -1.3 -3.4 -- 0.0 0.0 0.0 --
2012  A -0.8 -6.3 -- 0.0 0.0 0.0 --
2011  A 0.0 0.0 -- -- 0.0 -- --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
BHP Billiton (BHP) $125,449 M -0.2435 0.1812 -0.0857 16.3952 13.8796 15.1801 0.0320 0.0329 0.0344
Cassini Resources (CZI) $26 M -- -- -- -- -- -- 0.0000 -- --
Iluka Resources (ILU) $3,743 M -0.6600 -0.6100 2.8737 29.1490 74.7492 19.2964 0.0101 0.0128 0.0226
Rio Tinto (RIO) $28,433 M 0.5848 -0.3442 0.1447 8.4976 12.9583 11.3207 0.0329 0.0346 0.0368
Sims Metal Management (SGM) $2,283 M -0.7514 4.5317 0.6562 133.3333 24.1037 14.5540 0.0000 0.0000 0.0198

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CZI -- -- 2.14 -- --
Market 1.20 14.4 0.99 1.07 3.45
Sector 0.82 12.6 0.69 1.73 5.25

Directors
Name Position Start Date
Mr Richard Gwynn Bevan Managing Director 10 March 2011
Mr Michael (Mike) Charles Young Non-Executive Chairman 10 March 2011
Mr Philip Michael Warren Non-Executive Director 10 March 2011
Dr Jon Hronsky Non-Executive Director 03 April 2014
Mr Gregory James Miles Technical Director 18 August 2011

Management
Name Position
Steven Wood Company Secretary

Substantial Shareholders
Holding Name
3,466,667 (6.13%) Cornela Pty Ltd
3,233,000 (5.71%) Mark Titchener

Calendar of Events
Date Event
29 April 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
30 October 2014 Report (Quarterly)
29 September 2014 Report (Annual)
30 July 2014 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.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Estate Planning

Everyone wants their financial affairs to be in the best possible state when they die so that their loved ones can enjoy the benefits of their legacy without dispute or conflict.

More details...

News

Billionaires bankroll Ten's new direction Media Network sees digital future

The Age 19/12/2013 | Ten Network's programming ambitions will be funded by a $200 million loan guaranteed by three of its billionaire owners, as the free-to-air broadcaster declared digital was the future and pointed to early signs that its switch to an older market demographic was working.

Elders alleges $24m fraud in live cattle division

The Age 19/12/2013 | Troubled rural services group Elders is threatening to call in the police over an alleged $24 million fraud by a "handful of individuals" in its live cattle exports division.

Bega Cheese holds back in three-way bidding war for WCB

The Age 19/12/2013 | Bega Cheese began the battle for Warrnambool Cheese & Butter but three months on it appears to be the first casualty of the bidding war.

Aussie hampers transition

The Age 19/12/2013 | A persistently high Australian dollar is thwarting the Reserve Bank's efforts to ease the transition of the economy away from mining.

RBA keeps its focus on lower dollar

The Age 19/12/2013 | The Reserve Bank is keeping the door open to further interest rate cuts, but believes the "significant amount" of monetary policy easing over the past two years is already stimulating growth.

Pact's struggles weigh down Orora

The Age 19/12/2013 | The underwhelming sharemarket debut of packaging company Pact Group Holdings has weighed on the demerger of Amcor and its $2 billion Australasian packaging and distribution business Orora.

More...


Sponsored Links