Ironbark Zinc Ltd (IBG)



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General Information
Company Name: Ironbark Zinc Ltd
Stock Code: IBG
Website: www.ironbarkgold.com.au
GICS Sub-Industry: Gold
Market Cap ($M): 31
Equiv. Shares (M): 442

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.069 $ 0.068 $ 0.070 $ 0.065 $ 0.069 379,459 0%

Current Broker Consensus Recommendation more
Recommendation: Buy (2)
Recommendation Date: 12th Nov 2014
Brokers Surveyed: 1

Company Overview

Business Description:
Ironbark Zinc Ltd (IBG) is an Australia base metal exploration and evaluation company engaged in the development of a mining operation both in Greenland and Australia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -4.7 -1.2 -- 0.0 0.0 0.0 --
2013  A -2.1 -0.6 -- 0.0 0.0 0.0 --
2012  A -57.4 -15.6 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Ironbark Zinc (IBG) $31 M -- -- -- -- -- -- 0.00 -- --
Newcrest Mining (NCM) $7,956 M -0.0429 -0.2244 0.3427 18.4173 23.7474 17.6861 0.00 0.00 1.90
Northern Star Resources (NST) $696 M 0.2151 2.1072 0.1689 14.6509 4.7151 4.0336 2.98 3.15 3.74
OZ Minerals (OZL) $956 M -- -- 0.2932 -- 68.9278 53.2995 6.35 6.35 4.36
Regis Resources (RRL) $782 M -- -- 0.8344 -- 12.0015 6.5426 0.00 NaN 7.06

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
IBG -- -- 0.32 -- 172.5
Market 1.03 13.4 0.96 0.94 2.86
Sector 0.60 10.93 0.66 1.19 2.46

Directors
Name Position Start Date
Mr Peter Duncombe Bennetto Chairman 06 June 2006
Mr Greg Clyde Campbell Engineering Director 28 April 2006
Mr Jonathan Downes Managing Director 28 April 2006
Mr Gary Ernest Comb Non-Executive Director 30 January 2012
Mr David Kelly Non-Executive Director 16 July 2007
Mr Chris James Non-Executive Director 11 February 2013
Mr Adrian Paul Byass Technical Director 28 April 2006

Management
Name Position
William (Rob) Robert Orr Chief Financial Officer,Company Secretary

Substantial Shareholders
Holding Name
29,610,593 (7.95%) Singpac Investment Holding Pte Ltd
97,690,702 (26.23%) Nyrstar Group
20,308,298 (5.45%) National Nominees Limited

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