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Company Information

Company at a Glance

Industry:
Metals & Mining
Fiscal Year-End:
Dec 10

Company Overview

Caledon Resources PLC (CCD) is an Australian coal focussed explorer and producer. The company is currently operating in the Cook underground mine and undertaking advanced drilling at the nearby Minyango deposit. Both operations are located near Blackwater in Queensland’s Bowen Basin. After washing raw coal, it splits into 80% cooking and 20% thermal coal. CCD is a licensee of the Magatar Linear Mining System in Australia, New Zealand and Indonesia through its subsidiary, MTP.

Company History

CCD listed on the ASX on 4 June, 2008. The company is also listed on the alternative investment market of the London Stock Exchange. It was originally incorporated in 2000 in England and Wales, and in 2003 started its operation with the exploration of precious metal in China. However, in 2006, following the acquisition of Cook Colliery and related mining operations in Australia form Xstrata Coal Pty Ltd., CCD transformed from gold explorer to coal producer.

Industries Of Operation

CCD operates in the Coal and Consumable Fuel sub-industry with its principal focus in exploring and producing cooking and thermal coal primarily located in Queensland. Coking coal is used as key input for steel industry and thermal coal is primarily used electricity generation.

Research provided by  

Market Statistics

Market Cap ($M):
27.0
Equiv. Shares (M):
30.0
% All Ords:
n/a
12Mth Range ($):
0.45 - 1.35
Turnover ($M pa):
17.8
Index:
NON ASX
Sector:
Materials
Industry Group:
Materials
Industry:
Metals & Mining
Sub Industry:
Diversified Metals & Mining

Last 5 Market Sensitive Announcements

Date
Announcment
26-Jul-10 08:34
Quarterly Report and Corporate Statement
16-Jul-10 08:29
Directors` Response to Share Price Movement
25-Jun-10 07:41
Termination of Merger Discussions and Placement
26-May-10 15:59
Company Update
18-May-10 07:19
Loan Note Conversion

Calendar Of Events

Date
Event
26-Aug-08
Reporting Date for Half Yearly Result
10-Jun-08
Trading Date for Initial Public Offering
29-May-08
Retail Offer closes for Initial Public Offering
08-May-08
Retail Offer opens for Initial Public Offering

Directors

Name
Position
S R Dattels
Non-Executive Director
D Weill
Non-Executive Director

Management

Name
Position

There are no recorded management positions for this company.

Substantial Shareholders

Name
% Holding
Pershing Nominees Limited
26.3
Bank of New York
25.2
R j Alford
25.1
Ingalls & Snyder LLC
10.8

Consensus Recommendation Summary


0
0
0
1
1
Sell Under Perf. Hold Out Perf. Buy

Number of Brokers in Recommendation Summary: 2

Consensus Earnings

FY10 FY11
Consensus EPS1 (c) 14.0 26.0
EPS Growth (%)   85.7
P/E Ratio (x) 6.4 3.4
P/E Rel. All Ords (x) 0.57 n/a
P/E Rel. Sector (x) 2.13 n/a
Number of Brokers in Earnings Survey: 1 1

1. Consensus EPS is generally "reported EPS" but will vary as to whether it is on a pre or post preference earnings basis. This number is not always on the same basis as the Aegis EPS.

Historical Forecast Earnings And Recommendations

Consensus Recommendations

Consensus information provided by Reuters.

Consensus EPS Forecasts 1

1. Consensus EPS is generally "reported EPS" but will vary as to whether it is on a pre or post preference earnings basis. This number is not always on the same basis as the Aegis EPS.

Peer Recommendation Comparison

  P/E (x) EPS Chg (%) Dividend Yield (%) MktCap ($M) Price ($) Consensus Rec
  09A 09A 09A    
BHP Billiton Limited 14.1 (13.5) 3.2 134,646.0 40.12 Out Perf.
Rio Tinto 18.8 (56.1) 0.7 42,848.4 70.61 Out Perf.
Newcrest Mining 29.6 (9.5) 0.5 15,815.3 32.71 Out Perf.
Fortescue Metals 76.1 n/a 0.0 13,330.6 4.29 Out Perf.
Caledon Resources PLC (15.7) n/a 0.0 27.0 0.90 Buy

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