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Ironveld Fundamentals

Company Name Ironveld Last Updated 17 Apr 2019
Industry Basic Resources Sector Industrial Metals & Mining
Shares in Issue (m) 654.99 Market Cap (£m) 11.14
PE Ratio -17.00 Div per Share (p) 0.00
Div Yield 0.00 Div Cover 0.00
EPS -0.10 EPS Growth (%) 50.00
PEG -0.34 DPS Growth (%) n/a
Debt Ratio 19.32 Debt Equity Ratio 0.93
Net Gearing 18.64 Gross Gearing 20.54
Asset Equity Ratio 1.26 Cash Equity Ratio 2.38
Quick Ratio 1.68 Current Ratio 1.68
Price To Book Value 0.51 ROCE -2.01

Ironveld Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Ironveld Company Financials

Assets (£m) 2018 2017 2016
Tangible Assets 0 0 0
Intangible Assets 26 27 22
Investments 0 0 0
Total Fixed Assets 27 27 22
Stocks 0 0 0
Debtors 0 1 0
Cash & Equivalents 1 1 0
Other Assets 0 0 0
Total Assets 27 28 22
Liabilities (£m) 2018 2017 2016
Creditors within 1 year 0 1 1
Creditors after 1 year 5 6 5
Other Liabilities 0 0 0
Total Liabilities 6 7 6
Net assets 22 22 16
Equity (£m) 2018 2017 2016
Called up share capital 9 8 7
Share Premium 19 18 16
Profit / Loss -1 -1 -1
Other Equity 0 0 0
Preference & Minorities 4 4 3
Total Capital Employed 22 22 16
Ratios 2018 2017 2016
Debt Ratio 19.32 20.59 22.72
Debt-to-Equity 0.93 0.82 0.80
Net Gearing 18.64 21.23 26.36
Gross Gearing 20.54 24.01 26.88
Assets / Equity 1.26 1.32 1.37
Cash / Equity 2.38 3.66 0.71
EPS -0.10 -0.20 -0.18
Cash Flow (£m) 2018 2017 2016
Cash from operating activities -0 -1 -0
Cashflow before financing -2 -2 -1
Increase in Cash -0 1 -1
Income (£m) 2018 2017 2016
Turnover 0 0 0
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit -1 -1 -0
Pre-Tax profit -1 -1 -1
Profit / Loss for the year 9 8 7

Ironveld Company Background

Sector Industrial Metals & Mining
Activities Ironveld plc (formerly Mercury Recycling Group plc) is the owner of a High Purity Iron (HPI), Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province South Africa. Ironveld expects to mine its own VTM ore as feedstock for a 7.5 MW DC smelter which will produce speciality iron products including high purity iron powder as well as vanadium and titanium slag products. The Definitive Feasibility Study published in April 2014 confirms the project's viability to deliver an exceptionally high-grade iron product (99.5% Fe) called High Purity Iron which commands a premium in the market place. Vanadium and Titanium slag containing commercial grades of vanadium and titanium will also be produced and sold.
Latest Interim Date 28 Mar 2019
Latest Fiscal Year End Date 07 Dec 2018

Ironveld Directors

Appointed Director Position
15 Aug 2012 Dr Peter John Cox Chief Executive Officer
07 Jul 2015 Vredeber Albert Gerhard Wendelin Robert von Ketelhodt Chief Financial Officer
22 Oct 2010 Charles Giles Clarke Non-Executive Chairman
19 Dec 2017 Duncan George Harvey Non-Executive Director
22 Oct 2010 John Nicholas Harrison Non-Executive Director
05 Dec 2012 Rupert Michael Fraser Non-Executive Director

Ironveld Contact Details

Company Name Ironveld
Company Address Lakeside, Fountain Lane, St Mellons, Cardiff CF3 0FB.
Company Telephone +44 (0)20 3757 4980
Company Website http://www.ironveld.com/

Ironveld Advisors

Auditor Name UHY Hacker Young LLP
Auditor Address St James Building, 79 Oxford Street, Manchester M1 6HT.
Auditor Website http://www.uhy-uk.com/
Auditor Telephone +44 (0)1612 366 936
Registrar Name Capita Registrars
Registrar Address Northern House, Woodsome Park, Fenay Bridge, Huddersfield, West Yorkshire HD8 0LA.
Registrar Website http://www.capitaregistrars.com/
Registrar Telephone 0870 162 3100
Broker Name Shore Capital Stockbrokers Limited
Broker Address Bond Street House, 14 Clifford Street, London W1S 4JU.
Broker Website http://www.shorecap.co.uk/
Broker Telephone +44 (0)20 7408 4090
Adviser Name Shore Capital Stockbrokers Limited
Adviser Address Bond Street House, 14 Clifford Street, London W1S 4JU.
Adviser Website http://www.shorecap.co.uk/
Adviser Telephone +44 (0)20 7408 4090
Solicitor Name Kuit Steinart Levy
Solicitor Address 3 St Mary's Parsonage, Manchester M3 2RD.
Solicitor Website http://www.kuits.com/
Solicitor Telephone +44 (0)1618 323 434
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a