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: YTC Resources Limited
Stock Code: YTC
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 72
Equiv. Shares (M): 328

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.220 $ 0.220 $ 0.225 $ 0.220 $ 0.220 81,886 0%

Current Broker Consensus Recommendation more
Recommendation: Buy
Recommendation Date: 23rd Nov 2012
12 Month Target Price (average): $0.76
Brokers Surveyed: 1

Company Overview

Business Description:
YTC Resources Limited (YTC) is a mineral exploration and development company in Australia. The Company’s focus is the development and exploration of copper, gold and tin on a number of tenements in the Lachlan and New England Fold Belts of NSW. The company’s flagship is the Hera Project and Nymagee JV projects.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  F -1.1 -0.3 -250.0 -- -- 0.0 --
2013  A 0.5 0.2 -- 130.2 0.0 0.0 --
2012  A -2.1 -0.8 -- 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
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
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
YTC Resources (YTC) $72 M -- -- -- 110.0000 -- -- 0.0000 0.0000 --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
YTC 1.79 -- 0.92 -- 200.0
Market 1.23 13.9 0.96 1.03 3.13
Sector 0.87 12.5 0.66 0.73 4.83

Name Position Start Date
Mr Yong Chen Alternate Director 05 December 2011
Mr Richard Willson Chief Financial Officer,Company Secretary,Alternate Director 20 November 2012
Mr Rimas Kairaitis Executive Director,Managing Director 12 June 2008
Mr Anthony Wehby Non-Executive Chairman 14 September 2006
Mr Paul Espie Non-Executive Director 10 December 2013
Mr Gary Ernest Comb Non-Executive Director 04 July 2012
Mr Michael (Mike) G Menzies Non-Executive Director 26 March 2013
Mr Mark Milazzo Non-Executive Director 06 August 2012
Dr Guoqing Zhang Non-Executive Director 13 March 2014

Name Position
Dean Fredericksen Chief Operating Officer
Sean Pearce General Manager - Hera Project

Substantial Shareholders
Holding Name
25,930,316 (9.87%) Glencore Finance (Bermuda) Ltd
24,237,433 (9.23%) Yunnan Tin Aust TDK Resources Pty Ltd
9,761,905 (3.72%) Yunnan Tin YTC Holdings Pty Ltd

Calendar of Events
Date Event
28 January 2015 Report (Quarterly)
29 October 2014 Report (Quarterly)
03 October 2014 Report (Annual)
24 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


Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Powers of Attorney

Handing over, what if you need someone else to make decisions for you? There are times in your life when you can't fulfil your financial obligations personally.

More details...


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.


Sponsored Links

Feedback Form