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    MMI   AU000000MMI6

METRO MINING LIMITED

(MMI)
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Metro Mining Limited : - Resignation of Director

03/19/2020 | 07:57am EDT

Metro Mining Limited (Metro) advises that due to his other commitments, Mr. Lucas Dow has resigned as an Independent Non-Executive Director, effective 18 March 2020.

Mr Dow has served as a Director of Metro Mining Limited since 1 November 2019.

Metro Mining Chairman, Stephen Everett, thanked Mr Dow for his contribution to Metro in the short time that he was a member of the Board.

'Metro's Board, Management and I personally thank Lucas for his support of Metro and his contribution to the Board and the Committees on which he served,' Mr Everett said.

Contact:

Tel: +61 (0) 7 3009 8000

Email: info@metromining.com.au

FORWARD LOOKING STATEMENT

Statements & material contained in this ASX Release, particularly those regarding possible or assumed future performance, production levels or rates, commodity prices, resources or potential growth of Metro Mining, industry growth or other trend projections are, or may be, forward looking statements. Such statements relate to future events & expectations and, as such, involve known and unknown risks & uncertainties. Although reasonable care has been taken to ensure facts stated in this Release are accurate and/or that the opinions expressed are fair & reasonable, no reliance can be placed for any purpose whatsoever on the information contained in this document or on its completeness. Actual results & developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors. Nothing in this Release should be construed as either an offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 158 M 115 M 115 M
Net income 2021 -95,9 M -69,7 M -69,7 M
Net Debt 2021 25,5 M 18,5 M 18,5 M
P/E ratio 2021 -0,91x
Yield 2021 -
Capitalization 50,8 M 36,8 M 37,0 M
EV / Sales 2021 0,48x
EV / Sales 2022 0,31x
Nbr of Employees -
Free-Float 90,7%
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 0,02 AUD
Average target price 0,07 AUD
Spread / Average Target 336%
EPS Revisions
Managers and Directors
Simon Wensley Chief Executive Officer, MD & Director
Duane Woodbury Chief Financial Officer
Douglas Campbell Walter Ritchie Independent Non-Executive Chairman
Graham Tanner Operations Manager
Stephen Craig Everett Non-Executive Director
Sector and Competitors