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YTC RESOURCES LIMITED (YTC)


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General Information
Company Name: YTC Resources Limited
Stock Code: YTC
Website: www.ytcresources.com
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 43
Equiv. Shares (M): 262

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.180 $ 0.160 $ 0.180 $ 0.160 $ 0.165 67,651 $ 0.015  9.091 %

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 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 -- -- -- 0.0 --
2013  F -7.4 -2.5 -- -- -- 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) $104,990 M -0.1359 -0.2624 0.1727 10.3794 14.0717 11.9990 0.0336 0.0342 0.0366
Iluka Resources (ILU) $4,279 M -0.2536 -0.7035 2.1615 11.3266 38.2056 12.0847 0.0342 0.0231 0.0290
Rio Tinto (RIO) $23,335 M -0.3874 0.0604 0.1054 11.0609 10.4309 9.4363 0.0300 0.0331 0.0366
Sims Metal Management (SGM) $1,839 M -0.6378 -0.2361 1.9362 26.7300 34.9922 11.9174 0.0222 0.0120 0.0410
YTC Resources (YTC) $46 M -- -- -- -- -- -- 0.0000 0.0000 0.0000

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
YTC -- -- 0.71 -- 71.7
Market 0.94 12.5 0.82 1.96 2.44
Sector 0.54 8.13 0.58 2.01 6.08

Directors
Name Position Start Date
Mr Yong Chen Alternate Director 05 December 2011
Dr Guoqing Zhang Alternate Director 23 November 2011
Mr Richard Willson Chief Financial Officer,Company Secretary,Alternate Director for Mr Gary Comb & Mr Mark Milazzo 20 November 2012
Mr Rimas Kairaitis Executive Director,Managing Director 12 June 2008
Mr Anthony Wehby Non-Executive Chairman 14 September 2006
Mr Robin Hamilton Chambers Non-Executive Director 27 March 2007
Mr Gary Ernest Comb Non-Executive Director 04 July 2012
Mr Michael (Mike) G Menzies Non-Executive Director 26 March 2013
Mr Wenxiang Gao Non-Executive Director 26 February 2008
Ms Christine Ng Non-Executive Director 12 June 2008
Mr Mark Milazzo Non-Executive Director 06 August 2012

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

Substantial Shareholders
Holding Name
16,172,864 (6.40%) Singpac Investment Holding Pte Ltd
24,237,433 (9.59%) Yunnan Tin Aust TDK Resources Pty Ltd
9,761,905 (3.86%) Yunnan Tin YTC Holdings Pty Ltd

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
21 January 2014 Report (Quarterly)
23 October 2013 Report (Quarterly)
21 October 2013 Report (Annual)
25 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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