MINING GROUP LIMITED (MNE)



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General Information
Company Name: Mining Group Limited
Stock Code: MNE
Website: www.mininggroup.net.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 4
Equiv. Shares (M): 178

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.021 $ 0.021 $ 0.021 $ 0.021 $ 0.021 337,141 0%

Company Overview

Business Description:
Mining Group Limited (MNE) is an Australian based exploration company focusing on exploration, evaluation and acquisition of commercially resource projects in Australia and overseas. MNE currently owns Comval Project in Philippines and other three projects in Australia namely Lake Christopher, Boorara and Teutonic Projects.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -1.8 -4.8 -- 0.0 0.0 0.0 --
2011  A -0.1 -0.7 -- -- 0.0 -- --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A 2011 F 2012 F A 2011 F 2012 F A 2011 F 2012 F
BHP Billiton (BHP) $105,343 M -0.1359 -0.2624 0.1727 10.4144 14.1191 12.0393 0.0335 0.0341 0.0365
Iluka Resources (ILU) $4,304 M -0.2536 -0.7033 2.1588 11.3931 38.4012 12.1570 0.0340 0.0232 0.0291
Mining Group (MNE) $4 M -- -- -- -- -- -- 0.0000 -- --
Rio Tinto (RIO) $23,378 M -0.3874 0.0604 0.1398 11.0815 10.4503 9.1689 0.0300 0.0330 0.0366
Sims Metal Management (SGM) $1,818 M -0.6378 -0.2367 1.9358 26.4330 34.6304 11.7959 0.0225 0.0122 0.0414

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
MNE -- -- 0.11 -- --
Market 0.94 12.3 0.82 1.92 2.44
Sector 0.54 8.13 0.59 2.07 5.83

Directors
Name Position Start Date
Mr Andrew Maurice Managing Director   
Mr Zeffron Reeves Managing Director 17 July 2012
Mr Winton William Willesee Non-Executive Chairman   
Mr Robert Butchart Non-Executive Director 01 March 2012
Mr Colin (Cobb) Johnstone Non-Executive Director 24 May 2012

Management
Name Position
Perfecto E Mirador Jr Chief Finance and Legal Officer
Shannon Coates Company Secretary
Max Tuesley Exploration Manager - Philippines

Substantial Shareholders
Holding Name
4,500,000 (5.98%) James Allan Fraser & Barbara Margaret Fraser

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
17 October 2013 Report (Annual)
30 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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