Section 1: Company Overview and Fundamental Insights
1.1 Company Overview:
Centaurus Metals Limited (ASX: CTM) is involved in exploration and evaluation of mineral resources in Brazil. The flagship projects of the company are Jaguar Nickel Sulphide and Jambreiro Iron Ore Project.
1.2 The Key Positives, Negatives, Investment Highlights, and Risks
1.3 Top 10 Shareholders:
The top 10 shareholders together form ~46.61% of the total shareholding. McCusker Holdings Pty. Ltd. and Sprott Asset Management LP holds a maximum stake in the company at ~11.80% and ~9.52%, respectively.
1.4 Key Metrics: The asset-to-equity ratio in 1HFY22 was around 1.14x, lower than the industry median of 1.55x. The company reported a high current ratio during 1HFY22, around 7.11x compared to the industry median of 2.10x. Below is captured the trend of debt-to-equity ratio and current ratio:
Section 2: Business Updates and Financial Highlights
2.1 Business Updates
2.2 3QFY22 Quarter Ended September 2022 & 1HFY22 Results Highlights:
Section 3: Key Risks & Outlook
Section 4: Stock Recommendation Summary
4.1 Price Performance and Technical Summary
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