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): 10
Equiv. Shares (M): 386

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.027 $ 0.027 $ 0.027 $ 0.026 $ 0.027 3,877,790 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 flagship project is the Comval project in Philippines.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -11.4 -12.3 -- 0.0 0.0 0.0 --
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 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
BHP Billiton (BHP) $122,076 M -0.2435 0.1192 -0.0380 15.9545 14.2546 14.8176 0.0329 0.0296 0.0310
Iluka Resources (ILU) $3,772 M -0.6600 0.1402 1.3134 29.3772 25.7649 11.1372 0.0100 0.0213 0.0423
Mining Group (MNE) $10 M -- -- -- -- -- -- 0.0000 -- --
Rio Tinto (RIO) $27,340 M 0.5848 -0.2605 0.0320 8.1708 11.0497 10.7074 0.0342 0.0311 0.0340
Sims Metal Management (SGM) $2,018 M -0.7514 4.5651 0.6385 117.9211 21.1894 12.9324 0.0000 0.0108 0.0303

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
MNE -- -- 0.88 -- --
Market 1.23 13.9 0.96 1.03 3.13
Sector 0.87 12.5 0.66 0.73 4.83

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
Shannon Coates Company Secretary

Substantial Shareholders
Holding Name
2,131,350 (8.18%) Cuckfield Pty Ltd
4,500,000 (17.27%) James Allan Fraser & Barbara Margaret Fraser
3,100,000 (10.63%) Cadan Resources Corporation
2,221,350 (8.53%) Mahsor Holdings Pty Ltd
6,621,350 (6.59%) Deck Chair Holdings Pty Ltd

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

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