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Ironveld Fundamentals

Company Name Ironveld Last Updated 20 Feb 2020
Industry Basic Materials Sector Iron & Steel
Shares in Issue (m) 654.99 Market Cap (£m) 5.24
PE Ratio -8.00 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS -0.10 EPS Growth (%) 0.00
PEG n/a DPS Growth (%) n/a
Debt Ratio 18.77 Debt Equity Ratio 0.90
Net Gearing 18.53 Gross Gearing 20.51
Asset Equity Ratio 1.26 Cash Equity Ratio 2.50
Quick Ratio 1.18 Current Ratio 1.18
Price To Book Value 0.23 ROCE -2.26

Ironveld Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Ironveld Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 0 0 0
Intangible Assets 27 26 27
Investments 0 0 0
Total Fixed Assets 28 27 27
Stocks 0 0 0
Debtors 0 0 1
Cash & Equivalents 1 1 1
Other Assets 0 0 0
Total Assets 29 27 28
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 1 0 1
Creditors after 1 year 5 5 6
Other Liabilities 0 0 0
Total Liabilities 6 6 7
Net assets 23 22 22
Equity (£m) 2019 2018 2017
Called up share capital 10 9 8
Share Premium 20 19 18
Profit / Loss -1 -1 -1
Other Equity 0 0 0
Preference & Minorities 4 4 4
Total Capital Employed 23 22 22
Ratios 2019 2018 2017
Debt Ratio 18.77 19.32 20.59
Debt-to-Equity 0.90 0.93 0.82
Net Gearing 18.53 18.64 21.23
Gross Gearing 20.51 20.54 24.01
Assets / Equity 1.26 1.26 1.32
Cash / Equity 2.50 2.38 3.66
EPS -0.10 -0.10 -0.20
Cash Flow (£m) 2019 2018 2017
Cash from operating activities -0 -0 -1
Cashflow before financing -1 -2 -2
Increase in Cash 0 -0 1
Income (£m) 2019 2018 2017
Turnover 0 0 0
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit -1 -1 -1
Pre-Tax profit -1 -1 -1
Profit / Loss for the year 10 9 8

Ironveld Company Background

Sector Iron & Steel
Activities Ironveld plc (formerly Mercury Recycling Group plc) is the owner of Mining Rights over approximately 28 kilometers of outcropping Bushveld magnetite with a SAMREC compliant ore resource of some 56 million tons of ore grading 1,12% V2O5 68,6% Fe2O3 and 14,7% TiO2, The Definitive Feasibility Study published in April 2014 confirms the project's viability to deliver a Vanadium slag product for which the company has an offtake agreement as well a High Purity Iron product which commands a premium in the market place and Titanium slag containing commercial grades of titanium.
Latest Interim Date 28 Mar 2019
Latest Fiscal Year End Date 05 Dec 2019

Ironveld Directors

Appointed Director Position
16 Dec 2019 Martin Wentworth Eales 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
22 Oct 2010 John Nicholas Harrison Non-Executive Director
15 Aug 2012 Dr Peter John Cox Technical 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