Marengo Mining Limited (MMC)



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General Information
Company Name: Marengo Mining Limited
Stock Code: MMC
Website: www.marengomining.com
GICS Sub-Industry: Gold
Market Cap ($M): 7
Equiv. Shares (M): 1,138

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.006 $ 0.006 $ 0.006 $ 0.006 $ 0.006 406,000 0%

Company Overview

Business Description:
Marengo Mining Limited (MMC, formerly Marengo Mining Canada Limited) is a diversified minerals exploration company with a focus on Papua New Guinea (PNG) with the Yandera Central Yandera Central Copper-Molybdenum-Gold Project.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -12.8 -1.1 -- 0.0 0.0 0.0 --
2013  A -10.6 -0.9 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A 2013 F 2014 F A 2013 F 2014 F A 2013 F 2014 F
Marengo Mining (MMC) $7 M -- -- -- -- -- -- 0.00 -- --
Newcrest Mining (NCM) $8,240 M -0.0429 -0.2819 0.4502 19.0738 26.5629 18.3166 0.00 0.00 1.84
Northern Star Resources (NST) $752 M 0.2151 2.1072 0.1689 15.8354 5.0963 4.3598 2.76 2.91 3.46
OZ Minerals (OZL) $1,056 M -- -- 0.2932 -- 76.1488 58.8832 5.75 5.75 3.95
Regis Resources (RRL) $820 M -- -- 0.8336 -- 12.5767 6.8591 0.00 NaN 6.75

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
MMC -- -- 0.05 -- --
Market 1.02 13.7 0.96 0.99 2.90
Sector 0.62 11.5 0.69 1.26 2.40

Directors
Name Position Start Date
Pieter Britz Chief Executive Officer,Executive Director 26 July 2013
Sir Rabbie Namaliu Non-Executive Director 06 September 2012
Mr Keith Morrison Non-Executive Director 04 October 2012
Mr David Danziger Non-Executive Director 28 July 2014
Mr John Hick Non-Executive Director,Non-Executive Chairman 06 September 2012

Substantial Shareholders
Holding Name
187,514,934 (16.48%) Quantum Partners LOC
249,953,080 (21.97%) Sentient Global Resources Funds
74,406,000 (6.54%) Ontario Municipal Employees Retirement System

Calendar of Events
Date Event
02 November 2015 Report (Annual)
29 October 2015 Report (Quarterly)
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
13 February 2015 Report (Interim)
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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News

Markets melt up

By Michael McCarthy (chief market strategist, CMC Markets) 19/12/2014 | Traders and investors caught short heading into the FOMC scrambled for cover in Europe and the US, in many cases driving indices to their best one day performance for 2015.

Aussie Investors take their foot off the accelerator

By Betty Lam (Sales Trader, CMC Markets) 18/12/2014 | Lead by the Fed-fervour offshore, Australians shares jumped on the Yellen cheer wagon. The material and energy stocks were back in vogue as both sectors gained over 3% in morning trade.

Fed Feeds Frenzy

By Michael McCarthy (chief market strategist, CMC Markets) 18/12/2014 | In spite of a frenzied pre-mortem, a benign statement from the US Federal Reserve‚Äôs Open Market Committee and steadying commodity markets drove investors back into share markets overnight. A calmer, stronger ruble helped offset European growth fears, highlighted in the overnight session by further declines in inflation.

Household brands Woolworths and Telstra Heavy Lifting

By Betty Lam (Sales Trader, CMC Markets) 11/12/2014 | Offshore jitters sent ripples through to Australian stocks. The open saw the local equities take 65 points off the index, catalysed by a mass-exit in energy stocks, yet again.

Steady open as Woodside investors wait on details of possible Wheatstone acquisition

By Ric Spooner (Chief Market Analyst, CMC Markets) 10/12/2014 | Yesterday‚Äôs news on Greek politics and China‚Äôs bond market came at a time when US and European stock markets have extended rallies and pushed valuations higher. This makes those markets vulnerable to downward corrections as profit takers act to avoid missing out.

MYEFO and Lima - December could be nasty.

BR Securities Australia Pty Ltd 2/12/2014 | December 2014 could go down as a nasty moment in Australian finance. MYEFO will reveal a deteriorating budget deficit and the UNFCCC meeting in Lima, Peru will provide the agreement, to be ratified in Paris in 2015, on how much (or little) CO2 is to be allowed into the atmosphere from 2020.

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