Sundance Resources (SDL.AU), Australia's 46th largest metals/mining company by market capitalisation, closed unchanged at 17.0c. The price is at a discount of 5.5% to the 1-month volume weighted average price of 18.0c, which may appeal as a value proposition. Compared with the All Ordinaries index, which fell 20.3 points (or 0.4%) on the day, this was a relative price change of 0.4%.
PRICE VOLUME DYNAMICS Volatility: the stock traded between an intraday low of 17.0c and nine-day high of 18.0c. Moving average price (MAP): the price to 200-day MAP ratio is 1.41, a bullish indicator. In the past 200 days this ratio has exceeded 1.41 38 times suggesting further upside. The 50-day MAP of 17.0c is higher than the 200-day MAP of 12.0c, another bullish indicator. Relativities: today its percentile rank in the Australian market was 42. In the Australian market of 1,442 stocks traded today, the stock has a 6-month relative strength of 74 which means it has outperformed 74% of the market. Volume: there were 19,962,296 shares worth $3.5 million traded. The volume was 1.3 times average trading of 15,950,687 shares. % Discount to high: the last price is at a discount of 33.3% to the 12-month high of 25.50c a year ago on 26 Sep, 2008.
COPPER, GOLD, NICKEL AND PRICE PERFORMANCE RANK IN INDICES AND SECTORS The stock is in 5 indices, 2 sectors and 3 commodities. The following index and sectors fell : Metals/Mining sector of 458 stocks traded today, which was down 133.2 points or 1.6% to 8,481.4, All Ordinaries index of 446 stocks traded today, which was down 20.3 points or 0.4% to 4,693.7, Total Australian Market of 1441 stocks traded today, which was down 18.6 points or 0.3% to 5,787.6
SHAREHOLDER RETURNS Trailing one week: the stock was unchanged twice (40% of the time), rose twice (40% of the time) and fell once (20% of the time). The volume was 0.8 times average trading of 79,753,435 shares. The value of $1,000 [vs $1,023 for the All Ordinaries index] invested a week ago is unchanged. Trailing one month: the stock fell nine times (39% of the time), was unchanged seven times (30% of the time) and rose seven times (30% of the time). The volume was 0.9 times average trading of 350,915,114 shares. The value of $1,000 invested a month ago is $944 [vs $1,079 for the All Ordinaries index], for a capital loss of $56(or loss of 5.6%). Trailing one year: the value of $1,000 invested one year ago is $739 [vs $1,078 for the All Ordinaries index], for a capital loss of $261. The total return to shareholders for 1 year is -26.1%.
PV$1000 1-month 1-year SDL $944 $739 Metals & Mining $1,073 $1,153 All Ordinaries Index $1,079 $1,078
FINANCIALS Half Yearly Report released on March 27, 2009; year-on-year comparisons with previous corresponding period: In the half year to December 31, 2008 total revenue was down 46.2% to $1.2 million; net loss of $7.4 million.
Annual Report for the year ended June 30, 2008 (year-on-year comparisons with previous corresponding period)- Favourable Changes: Net tangible assets per share up 34.9% to $A0.1 (US6.1c). Unfavourable Changes: losses in all of the last 4 years; current ratio down 61.79% to 7.7; operating cash flow is negative; total number of shares outstanding up 35.2% to 1,843,347,622; Working capital to total assets down 8.57% to 36.2%. Major Common Size Ratios: total non current assets to total assets up from 58.27% to 58.31%; total current assets to total assets down from 41.73% to 41.69%; cash to total assets up from 37.02% to 38.07%; fixed assets to total assets up from 4.23% to 6.02%; current debtors to total assets up from 1.63% to 1.95%; depreciation to revenues up from 4.54% to 10.41%.
FUNDAMENTALS P/S: the price/sales ratio is 69.1. Price to cash: the price to cash backing per share is 2.7.
ISSUED CAPITAL Based on 2,112,042,808 issued shares the market capitalisation is $359 million. It is Australia's 146th largest Metals/Mining company by total revenue.
