Loading..

Iluka Resources Limited (ILU) Report Analysis

Corporate Events

Neutral

Iluka Resources Limited - Special Call

2022-06-19 21:33:00

To discuss the proposed demerger

Neutral

Iluka Resources Limited Presents at 2022 Fermiu...

2022-04-26 11:50:00

Iluka Resources Limited Presents at 2022 Fermium Research Chemicals Conference, May-02-2022 . Venue: New york, New York, United States.

Positive

Iluka Resources Limited agreed to Spin-Off Sier...

2022-04-13 00:00:00

Iluka Resources Limited (ASX:ILU) announced that it intends to spin-off Sierra Rutile on April 13, 2022. If the demerger proceeds, eligible sh...

Neutral

Iluka Resources Limited - Special Call

2022-04-03 21:31:00

To discuss the Eneabba Rare Earths Refinery (Phase 3) final investment decision

Positive

Iluka Resources Limited Announces Board Approva...

2022-04-03 21:31:00

Iluka announced Board approval of the Eneabba Rare Earths Refinery (Phase 3). This decision has been taken following the achievement of two ce...

Neutral

Fermium Research, LLC, 2022 Fermium Research Ch...

2022-03-04 07:31:00

Fermium Research, LLC, 2022 Fermium Research Chemicals Conference, May 02, 2022 through May 03, 2022. Venue: New york, New York, United States.

Neutral

Iluka Resources Limited, Annual General Meeting...

2022-02-16 00:32:00

Iluka Resources Limited, Annual General Meeting, Apr 13, 2022, at 09:30 W. Australia Standard Time. Location: 240 St Georges Terrace Perth Wes...

Neutral

Iluka Resources Limited - Shareholder/Analyst Call

2022-02-16 00:32:00

Annual General Meeting

Positive

Iluka Resources Limited(ASX:ILU) added to S&P/A...

2022-02-07 00:00:00

Iluka Resources Limited(ASX:ILU) added to S&P/ASX 100 Index

Negative

Iluka Resources Limited(ASX:ILU) dropped from S...

2022-02-01 00:00:00

Iluka Resources Limited(ASX:ILU) dropped from S&P/ASX Small Ordinaries Index

Positive

Iluka Resources Limited Announces Inaugural Min...

2021-11-29 22:53:00

Iluka Resources Limited announced inaugural Mineral Resource estimates for two of the company's Wimmera heavy mineral (HM) deposits, WIM100 an...

Positive

Astro Resources NL (ASX:ARO) completed the acqu...

2021-10-15 00:00:00

Astro Resources NL (ASX:ARO) agreed to acquire remaining 80% in Jack Track tenement in Australia from Iluka Resources Limited (ASX:ILU) for AU...

Positive

Astro Resources NL (ASX:ARO) agreed tp acquire ...

2021-09-27 00:00:00

Astro Resources NL (ASX:ARO) agreed to acquire remaining 80% in Jack Track tenement in Australia from Iluka Resources Limited (ASX:ILU) for AU...

Negative

Iluka Resources Limited Announces Executive Changes

2021-09-24 06:31:00

Iluka Resources Limited advised Ms. Sue Wilson has resigned as Company Secretary of Iluka, and Mr. Ben Martin has been appointed Company Secre...

Positive

Iluka Resources Limited, 0.12 (AUD), Cash Divid...

2021-08-25 00:00:00

Iluka Resources Limited, 0.12 (AUD), Cash Dividend, Sep-07-2021

Positive

Iluka Resources Limited Announces Ordinary Full...

2021-08-24 21:30:00

Iluka Resources Limited announced ordinary fully franked paid dividend of AUD 0.120 per share for the six months ended June 30, 2021. The divi...

Neutral

Iluka Resources Limited, H1 2021 Earnings Call,...

2021-08-17 15:52:00

Iluka Resources Limited, H1 2021 Earnings Call, Aug 25, 2021

Neutral

Iluka Resources Limited - Special Call

2022-06-19 21:33:00

To discuss the proposed demerger

Neutral

Iluka Resources Limited Presents at 2022 Fermium Research Chemicals Conference, May-02-2022

2022-04-26 11:50:00

Iluka Resources Limited Presents at 2022 Fermium Research Chemicals Conference, May-02-2022 . Venue: New york, New York, United States.

Positive

Iluka Resources Limited agreed to Spin-Off Sierra Rutile Limited.

2022-04-13 00:00:00

Iluka Resources Limited (ASX:ILU) announced that it intends to spin-off Sierra Rutile on April 13, 2022. If the demerger proceeds, eligible shareholders will be entitled to receive one share in Sierra Rutile for every Iluka share. If the demerger proceeds, Sierra Rutile will be established as an ASX listed, West African focused mineral sands company. It will have the primary objective of maximising value from Sierra Rutile’s remaining deposits at Area 1 and developing the globally significant Sembehun project. If it proceeds, the demerger will be effected by a capital reduction and in-specie distribution, under which all of the shares in Sierra Rutile will be distributed to Iluka shareholders on a pro rata basis in proportion to their existing shareholding in Iluka on a record date to be determined by the Iluka Board. Sierra Rutile will be an Australian incorporated company and will apply for admission to the official list of the ASX in conjunction with the demerger. International Finance Corporation (IFC) will exit its investment in Sierra Rutile prior to the demerger. Sierra Rutile will be established with a high quality Board and management team, led by Iluka’s outgoing Chairman, Greg Martin, who will transition to be Sierra Rutile’s inaugural Chairman elect. Sierra Rutile’s current Chief Executive Officer, Theuns de Bruyn, will transition to Sierra Rutile’s Managing Director and Chief Executive Officer elect. Martin Alciaturi has been appointed to the executive Board position of Finance Director elect of Sierra Rutile. The Managing Director and Chief Executive Officer of Sierra Rutile will be Theuns de Bruyn. Martin Alciaturi will be Finance Director of Sierra Rutile. The Iluka Board has concluded that a separation of Sierra Rutile by way of demerger is the optimal outcome for Sierra Rutile to reach its potential and maximize value for shareholders. If the demerger proceeds, Sierra Rutile will be an Australian headquartered, West African focused mineral sands producer and developer listed on the ASX. Sierra Rutile’s principal business activities will be the management and operation of its existing Area 1 mine, which encompasses two operations at Lanti and Gangama; a mineral separation plant; and a dedicated port facility. The transaction approved by the Board but remains subject to final Board, regulatory and shareholder approvals. If approved, the demerger is expected to be completed in 2022. Iluka’s Directors unanimously recommend that shareholders vote in favor of the proposed demerger. Subject to shareholder approval, it is expected that Sierra Rutile shares will commence trading on the ASX on a deferred settlement basis from July 27, 2022. Iluka has appointed Gresham Advisory Partners as financial adviser, Herbert Smith Freehills and King & Wood Mallesons as legal advisers and Greenwoods as tax adviser. This document was approved and authorised for release to the market by Iluka’s Managing Director. Deloitte Corporate Finance Pty Limited acted as fairness opinion provider.

Neutral

Iluka Resources Limited - Special Call

2022-04-03 21:31:00

To discuss the Eneabba Rare Earths Refinery (Phase 3) final investment decision

Positive

Iluka Resources Limited Announces Board Approval of the Eneabba Rare Earths Refinery

2022-04-03 21:31:00

Iluka announced Board approval of the Eneabba Rare Earths Refinery (Phase 3). This decision has been taken following the achievement of two central milestones associated with the project: completion of the feasibility study, demonstrating solid economics and significant potential for growth; and agreement of a risk sharing arrangement with the Australian Government, including through a non-recourse loan under the Australian Government's $2 billion Critical Minerals Facility, administered by Export Finance Australia (EFA). Phase 3 will deliver a fully integrated refinery for the production of separated rare earth oxides at Eneabba, Western Australia. The refinery will be capable of processing rare earth feedstocks sourced from both Iluka's portfolio and from a range of potential third party concentrate suppliers. Iluka's close collaboration with the Australian Government reflects the alignment of the company's commercial objectives for its rare earths business with the Commonwealth's Critical Minerals Strategy. Refinery overview Iluka's refinery will produce the high value rare earth oxides neodymium, praseodymium, dysprosium and terbium. These are critical inputs across a range of industries and technologies including electric vehicles, sustainable energy, advanced electronics, medical and defence applications. Eneabba is the highest grade rare earths operation globally. It currently consists of Iluka's stockpile of the rare earth bearing minerals monazite and xenotime, as well as the company's Phase 1 (screening) and Phase 2 (concentrating) plant. Phase 3 will build on this existing operation to deliver a significant downstream infrastructure asset comprising roasting, leaching, purification, solvent extraction and product finishing. The refinery will be fed initially from the Eneabba stockpile. Potential future sources of feedstock include Iluka's Wimmera and other deposits and a range of third parties. Key State and Federal government environmental approvals decisions for the project have been made. Iluka is currently working towards securing further approvals and regulatory requirements. Refinery parameters; Total rare earth oxide (TREO) capacity of 17.5 thousand tonnes per annum; Construction workforce of ~300 people; operational workforce of ~270 people; Capital cost of $1,000-1,200 million; Construction to commence in H2 2022, with first production expected in 2025.

Neutral

Fermium Research, LLC, 2022 Fermium Research Chemicals Conference, May 02, 2022 through May 03, 2022

2022-03-04 07:31:00

Fermium Research, LLC, 2022 Fermium Research Chemicals Conference, May 02, 2022 through May 03, 2022. Venue: New york, New York, United States.

Neutral

Iluka Resources Limited, Annual General Meeting, Apr 13, 2022

2022-02-16 00:32:00

Iluka Resources Limited, Annual General Meeting, Apr 13, 2022, at 09:30 W. Australia Standard Time. Location: 240 St Georges Terrace Perth Western Australia Australia Agenda: To consider re-election of Director Marcelo Bastos; to consider adoption of Remuneration Report; and to consider grant of securities to Managing Director.

Neutral

Iluka Resources Limited - Shareholder/Analyst Call

2022-02-16 00:32:00

Annual General Meeting

Positive

Iluka Resources Limited(ASX:ILU) added to S&P/ASX 100 Index

2022-02-07 00:00:00

Iluka Resources Limited(ASX:ILU) added to S&P/ASX 100 Index

Negative

Iluka Resources Limited(ASX:ILU) dropped from S&P/ASX Small Ordinaries Index

2022-02-01 00:00:00

Iluka Resources Limited(ASX:ILU) dropped from S&P/ASX Small Ordinaries Index

Positive

Iluka Resources Limited Announces Inaugural Mineral Resource Estimates for Two of the Wimmera Heavy Mineral (HM) Deposits

2021-11-29 22:53:00

Iluka Resources Limited announced inaugural Mineral Resource estimates for two of the company's Wimmera heavy mineral (HM) deposits, WIM100 and WIM50 respectively, with the latter split into WIM50 and WIM50 North sub-areas. These deposits are located along the south eastern margin of the Murray Basin geomorphological province in the state of Victoria, Australia. The WIM100 deposit contains an Indicated Mineral Resource estimate of 340Mt grading 4.7% HM for 16Mt of contained HM; and an Inferred Mineral Resource estimate of 100Mt grading 3.4% HM for 3.4Mt of contained HM - totalling 440Mt grading 4.4% HM for 19Mt of contained HM. WIM100 is the initial, primary focus of Iluka's Wimmera project, which is currently the subject of a preliminary feasibility study. The WIM50 deposit contains an Inferred Mineral Resource estimate of 360Mt grading 4.1% HM for 15Mt of contained HM. The WIM50 North deposit contains an Inferred Mineral Resource estimate of 580Mt grading 5.7% HM for 33Mt of contained HM. The combined Indicated and Inferred Mineral Resource estimate for the WIM100 and WIM50 deposits is 1.38Bt grading 4.9% HM for 67Mt of contained HM, estimated in accordance with the guidelines of the JORC Code (2012 edition).

Positive

Astro Resources NL (ASX:ARO) completed the acquisition of the remaining 80% in Jack Track tenement in Australia from Iluka Resources Limited (ASX:ILU).

2021-10-15 00:00:00

Astro Resources NL (ASX:ARO) agreed to acquire remaining 80% in Jack Track tenement in Australia from Iluka Resources Limited (ASX:ILU) for AUD 0.7 million on September 27, 2021. Under the terms, consideration will include 1% royalty on gross revenue with the only deduction for Goods and Services Tax for any Heavy Mineral concentrate or saleable product. Funding of the Acquisition and the work outlined above will be covered by Astro’s existing cash reserves. A sale and purchase agreement is subject to customary terms and conditions. Completion is to occur upon Ministerial consent. As on September 27, 2021, the board of Astro approved of the transaction. Astro Resources NL (ASX:ARO) completed the acquisition of the remaining 80% in Jack Track tenement in Australia from Iluka Resources Limited (ASX:ILU) on October 15, 2021. As of October 26, 2021, Astro Resources NL announce that following the receipt of Ministerial Consent on October 14, 2021, the acquisition is now complete and all terms of the Acquisition have been met.

Positive

Astro Resources NL (ASX:ARO) agreed tp acquire remaining 80% in Jack Track tenement in Australia from Iluka Resources Limited (ASX:ILU) for AUD 0.7 million.

2021-09-27 00:00:00

Astro Resources NL (ASX:ARO) agreed to acquire remaining 80% in Jack Track tenement in Australia from Iluka Resources Limited (ASX:ILU) for AUD 0.7 million on September 27, 2021. Under the terms, consideration will include 1% royalty on gross revenue with the only deduction for Goods and Services Tax for any Heavy Mineral concentrate or saleable product. Funding of the Acquisition and the work outlined above will be covered by Astro’s existing cash reserves. A sale and purchase agreement is subject to customary terms and conditions. Completion is to occur upon Ministerial consent. As on September 27, 2021, the board of Astro approved of the transaction.

Negative

Iluka Resources Limited Announces Executive Changes

2021-09-24 06:31:00

Iluka Resources Limited advised Ms. Sue Wilson has resigned as Company Secretary of Iluka, and Mr. Ben Martin has been appointed Company Secretary of Iluka with effect from September 24, 2021. The Board welcomes Ben and takes this opportunity to thank Sue for her dedication and contribution to Iluka during her time as Company Secretary. Mr. Nigel Tinley continues in the role of Company Secretary jointly with Mr. Ben Martin.

Positive

Iluka Resources Limited, 0.12 (AUD), Cash Dividend, Sep-07-2021

2021-08-25 00:00:00

Iluka Resources Limited, 0.12 (AUD), Cash Dividend, Sep-07-2021

Positive

Iluka Resources Limited Announces Ordinary Fully Franked Paid Dividend for the Six Months Ended June 30, 2021, Payable on October 10, 2021

2021-08-24 21:30:00

Iluka Resources Limited announced ordinary fully franked paid dividend of AUD 0.120 per share for the six months ended June 30, 2021. The dividend is payable on October 6, 2021 of the record date September 8, 2021. The ex dividend date is September 7, 2021.

Neutral

Iluka Resources Limited, H1 2021 Earnings Call, Aug 25, 2021

2021-08-17 15:52:00

Iluka Resources Limited, H1 2021 Earnings Call, Aug 25, 2021

Fundamental Summary

Iluka's financial results from Q4 demonstrated decent performance, but will likely only help Iluka remain on par with its peers. This typically translates into the stock performing on par with market performance for the upcoming quarter. Overall, Iluka's income and value factors are trending positively, and we, therefore, give Iluka an overall grade of 68 and a HOLD recommendation.

Iluka announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was AUD 765 million compared to AUD 471.4 million a year ago. Net income was AUD 131.5 million compared to AUD 113.2 million a year ago. Basic earnings per share was AUD 0.306 compared to AUD 0.268 a year ago. Diluted earnings per share was AUD 0.303 compared to AUD 0.267 a year ago. Basic earnings per share from continuing operations was AUD 0.306 compared to AUD 0.189 a year ago. Diluted earnings per share from continuing operations was AUD 0.303 compared to AUD 0.188 a year ago.

Business Description

Iluka engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands. The company operates through Jacinth-Ambrosia/Mid West, Cataby/South West, Sierra Rutile, and United States/Murray Basin segments. It produces zircon; titanium dioxide products of rutile and synthetic rutile; and ilmenite, as well as activated carbon and iron concentrate products. The company also engages in the exploration of rare earths elements, such as monazite and xenotime. Its products are used in technology, construction, medical, lifestyle and industrial applications. It has operations in Australia, China, rest of Asia, Europe, the Americas, and internationally. The company was formerly known as Westralian Sands Limited and changed its name to Iluka in May 1999. Iluka was incorporated in 1954 and is headquartered in Perth, Australia.

Sector Overview

Iluka is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Iluka's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 2,636.2 6.5% 66
Liabilities 1,041.6 -2.4% 76
Price to Book 2.4 -14.0% 53
Cash & Equivalents 294.8 8.1% 69
Equity 1,593.2 13.0% 87
EBITDA 713.2 44.1% 62
Total Revenues 1,569.2 22.8% 50
Parameter Value Change Score
Return on Equity 25.3 82.2% 89
Net Cashflow 207.7 69.8% 75
Capital Expenditure -51.6 -39.5% 52
Asset Turnover 0.6 9.2% 74
Free Cashflow 0.7 68.9% 84

* All values are TTM

The below chart reflects Iluka's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Iluka's peer average final assessment score stands on 70.0, Iluka's score is 68.

  •  ILU
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
BHP Group Limited 208.5B 58 71 75
Hold
69
69 0 1
Fortescue Metals Group Limited 55.0B 65 67 75
Hold
68
68 1 1
Newcrest Mining Limited 19.4B 52 66 57
Underperform
56
56 2 1
South32 Limited 18.7B 84 72 78
Buy
82
82 3 1
Mineral Resources Limited 9.2B 55 63 61
Underperform
56
56 4 1
Lynas Rare Earths Limited 8.3B 70 69 70
Hold
71
71 5 1
Northern Star Resources Limited 8.2B 56 56 73
Underperform
55
55 6 1
IGO Limited 7.8B 50 78 72
Hold
71
71 7 1
BlueScope Steel Limited 7.3B 85 72 52
Hold
72
72 8 1
Pilbara Minerals Limited 6.9B 86 69 86
Buy
83
83 9 1
Allkem Limited 6.9B 57 61 82
Hold
65
65 10 1
OZ Minerals Limited 6.2B 74 66 78
Hold
74
74 11 1
Evolution Mining Limited 4.8B 82 64 50
Hold
64
64 12 1
Alumina Limited 4.4B 50 79 72
Hold
70
70 13 1
OZ Minerals Holdings Pty Ltd 4.0B 84 61 50
Hold
73
73 14 1
Andean Resources Ltd. 3.7B 86 97 41
Buy
84
84 15 1
Coronado Global Resources Inc. 2.9B 83 74 81
Strong Buy
87
87 16 1
Nickel Industries Limited 2.8B 54 60 70
Underperform
56
56 17 1
AVZ Minerals Limited 2.8B 95 68 58
Hold
75
75 18 1
Sims Limited 2.7B 68 69 82
Hold
74
74 19 1
Zimplats Holdings Limited 2.6B 77 68 64
Hold
71
71 20 1
Liontown Resources Limited 2.4B 81 84 62
Buy
84
84 21 1
Perseus Mining Limited 2.3B 81 65 83
Hold
77
77 22 1
Deterra Royalties Limited 2.3B 77 61 75
Hold
69
69 23 1
Sandfire Resources Limited 1.9B 82 69 76
Buy
79
79 24 1
Core Lithium Ltd 1.8B 83 70 69
Hold
76
76 25 1
Chalice Mining Limited 1.5B 54 81 55
Hold
67
67 26 1
Grange Resources Limited 1.5B 65 64 73
Hold
66
66 27 1
Capricorn Metals Ltd 1.3B 86 69 82
Buy
82
82 28 1
West African Resources Limited 1.3B 87 59 66
Hold
68
68 29 1
Silver Lake Resources Limited 1.2B 66 63 58
Hold
62
62 30 1
De Grey Mining Limited 1.2B 66 47 73
Underperform
53
53 31 1
Gold Road Resources Limited 1.2B 64 67 56
Hold
63
63 32 1
Lake Resources NL 1.2B 66 73 68
Hold
71
71 33 1
Sayona Mining Limited 1.2B 66 73 68
Hold
71
71 34 1
Regis Resources Limited 1.1B 53 53 69
Underperform
50
50 35 1
Piedmont Lithium Inc. 1.1B 88 77 60
Buy
84
84 36 1
5E Advanced Materials Inc. 927.2M 47 58 61
Underperform
51
51 37 1
ioneer Ltd 867.9M 85 69 51
Hold
70
70 38 1
Syrah Resources Limited 856.9M 49 50 69
Underperform
46
46 39 1
Equigold NL 854.0M 50 65 87
Hold
67
67 40 1
Ramelius Resources Limited 828.4M 56 68 62
Hold
60
60 41 1
Vulcan Energy Resources Limited 826.7M 67 78 71
Hold
77
77 42 1
Jervois Global Limited 813.1M 78 71 54
Hold
72
72 43 1
Mincor Resources NL 808.9M 62 77 57
Hold
67
67 44 1
Imdex Limited 796.9M 71 56 74
Hold
70
70 45 1
Bellevue Gold Limited 722.0M 84 69 54
Hold
70
70 46 1
St Barbara Limited 701.5M 53 70 56
Underperform
59
59 47 1
Emerald Resources NL 679.4M 60 68 84
Hold
70
70 48 1
Red 5 Limited 671.6M 47 75 59
Hold
61
61 49 1
Boart Longyear Group Ltd. 651.0M 60 74 68
Hold
69
69 50 1
Mount Gibson Iron Limited 629.5M 48 78 64
Hold
66
66 51 1
Westgold Resources Limited 575.3M 54 65 63
Underperform
58
58 52 1
OM Holdings Limited 563.6M 84 75 82
Buy
85
85 53 1
Australian Strategic Materials Ltd 540.9M 51 74 72
Hold
67
67 54 1
Neometals Ltd 531.9M 60 72 60
Hold
65
65 55 1
Adriatic Metals PLC 528.8M 66 73 68
Hold
71
71 56 1
Argosy Minerals Limited 467.8M 66 73 68
Hold
71
71 57 1
Perenti Global Limited 461.4M 60 78 67
Hold
72
72 58 1
Champion Iron Limited 441.1M 58 71 55
Hold
64
64 59 1
Panoramic Resources Limited 420.4M 58 71 67
Hold
66
66 60 1
Hastings Technology Metals Limited 404.8M 65 68 67
Hold
68
68 61 1
Alkane Resources Limited 402.0M 78 70 68
Hold
73
73 62 1
Centaurus Metals Limited 397.2M 66 73 68
Hold
71
71 63 1
Bowen Coking Coal Limited 385.5M 66 73 68
Hold
71
71 64 1
Jupiter Mines Limited 372.2M 66 81 50
Hold
64
64 65 1
Galan Lithium Limited 362.2M 66 73 68
Hold
71
71 66 1
Talga Group Ltd 359.9M 53 60 62
Underperform
53
53 67 1
BCI Minerals Limited 349.8M 71 68 60
Hold
66
66 68 1
Metals X Limited 344.8M 68 87 68
Buy
82
82 69 1
Pantoro Limited 330.8M 66 73 68
Hold
71
71 70 1
Aurelia Metals Limited 327.8M 65 58 60
Underperform
56
56 71 1
Macmahon Holdings Limited 283.7M 68 65 62
Hold
66
66 72 1
Lotus Resources Limited 277.3M 66 73 68
Hold
71
71 73 1
Firefinch Limited 236.2M 66 73 68
Hold
71
71 74 1
Andromeda Metals Limited 229.8M 66 73 68
Hold
71
71 75 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Iluka's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Iluka's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 52.

Bearish 52
Close Price 9.49
52W Low 8.3
52W High 12.54
5D MA 9.08
50D MA 10.42
200D MA 10.13
MACD -0.43
RSI 2.19
STOCH 33.78

Balance Sheet Analysis

Iluka appears likely to maintain its strong balance sheet metrics and momentum going forward. Iluka reported solid equity numbers this period. At filing, equity was reported as 1593.2, representing 13.0% change from the previous period. This parameter often affects companies in the same industry and market capitalization by up to 5.9%. This performance is significantly more impressive than its peers and competitors. Therefore, its equity movement component earned a score of 87. Also, In terms of liabilities, Iluka published good numbers. Their reported liabilities were 1041.6, representing a -2.4% change from the previous report. These liabilities changes appear balanced compared to their peers and project the message that management is capable and focused on balancing asset growth, resource allocation, and growing liabilities. The company's liabilities movement component, therefore, received a grade of 76. At the same time, one critical balance sheet metric, Book Value Factors, was notably weak. Iluka's price to book ratio (P/B) was reported as 2.4 and represents -14.0% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 0.3%. They does not yet appear to be headed in the right direction to achieve strong book value metrics. Disappointing results in book value factors typically precede negative pressure in stock prices, so its book value factors received a grade of 53. Similarly, because their management is doing an excellent job managing these critical metrics, the balance sheet was given a score of 77.

Parameter Value Change Score
Assets 2,636.2 6.5% 66
Liabilities 1,041.6 -2.4% 76
Price to Book 2.4 -14.0% 53
Cash & Equivalents 294.8 8.1% 69
Equity 1,593.2 13.0% 87
* All values are TTM

The below chart describes Iluka's performance as reflected on its balance sheet with respect to its peers. While Iluka received a balance sheet score of 77, the average of its peers stands on 71.0.

  •  ILU
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
BHP Group Limited 208.5B 74 92 47 52 76 58 0 1
Fortescue Metals Group Limited 55.0B 83 66 68 55 69 65 1 1
Newcrest Mining Limited 19.4B 85 72 46 46 73 52 2 1
South32 Limited 18.7B 74 73 80 79 74 84 3 1
Mineral Resources Limited 9.2B 83 73 52 42 90 55 4 1
Lynas Rare Earths Limited 8.3B 74 59 77 62 68 70 5 1
Northern Star Resources Limited 8.2B 87 70 56 48 65 56 6 1
IGO Limited 7.8B 43 37 80 42 63 50 7 1
BlueScope Steel Limited 7.3B 64 75 87 90 68 85 8 1
Pilbara Minerals Limited 6.9B 87 59 81 87 56 86 9 1
Allkem Limited 6.9B 53 64 44 65 89 57 10 1
OZ Minerals Limited 6.2B 87 72 72 69 72 74 11 1
Evolution Mining Limited 4.8B 47 57 76 96 54 82 12 1
Alumina Limited 4.4B 51 69 50 46 84 50 13 1
OZ Minerals Holdings Pty Ltd 4.0B 81 62 51 97 87 84 14 1
Andean Resources Ltd. 3.7B 70 37 60 97 92 86 15 1
Coronado Global Resources Inc. 2.9B 44 56 87 85 71 83 16 1
Nickel Industries Limited 2.8B 41 44 72 50 70 54 17 1
AVZ Minerals Limited 2.8B 99 56 82 98 66 95 18 1
Sims Limited 2.7B 85 72 83 49 57 68 19 1
Zimplats Holdings Limited 2.6B 80 69 68 76 73 77 20 1
Liontown Resources Limited 2.4B 43 55 82 97 37 81 21 1
Perseus Mining Limited 2.3B 81 70 73 82 66 81 22 1
Deterra Royalties Limited 2.3B 99 79 61 75 68 77 23 1
Sandfire Resources Limited 1.9B 41 64 87 87 73 82 24 1
Core Lithium Ltd 1.8B 37 55 82 94 66 83 25 1
Chalice Mining Limited 1.5B 98 78 39 46 89 54 26 1
Grange Resources Limited 1.5B 54 70 51 71 92 65 27 1
Capricorn Metals Ltd 1.3B 69 59 81 91 65 86 28 1
West African Resources Limited 1.3B 92 56 81 92 42 87 29 1
Silver Lake Resources Limited 1.2B 69 62 62 71 57 66 30 1
De Grey Mining Limited 1.2B 44 49 79 69 48 66 31 1
Gold Road Resources Limited 1.2B 83 72 56 65 60 64 32 1
Lake Resources NL 1.2B 78 74 55 64 78 66 33 1
Sayona Mining Limited 1.2B 78 74 55 64 78 66 34 1
Regis Resources Limited 1.1B 77 74 51 48 63 53 35 1
Piedmont Lithium Inc. 1.1B 97 54 82 97 39 88 36 1
5E Advanced Materials Inc. 927.2M 44 83 54 45 37 47 37 1
ioneer Ltd 867.9M 98 56 80 86 52 85 38 1
Syrah Resources Limited 856.9M 63 75 38 46 94 49 39 1
Equigold NL 854.0M 57 46 86 50 45 50 40 1
Ramelius Resources Limited 828.4M 67 41 78 48 49 56 41 1
Vulcan Energy Resources Limited 826.7M 39 53 80 74 41 67 42 1
Jervois Global Limited 813.1M 71 71 44 94 95 78 43 1
Mincor Resources NL 808.9M 83 78 43 62 56 62 44 1
Imdex Limited 796.9M 59 69 83 61 75 71 45 1
Bellevue Gold Limited 722.0M 96 56 81 87 42 84 46 1
St Barbara Limited 701.5M 80 69 51 49 61 53 47 1
Emerald Resources NL 679.4M 51 58 80 51 57 60 48 1
Red 5 Limited 671.6M 49 45 39 55 96 47 49 1
Boart Longyear Group Ltd. 651.0M 85 79 39 60 87 60 50 1
Mount Gibson Iron Limited 629.5M 94 76 39 41 74 48 51 1
Westgold Resources Limited 575.3M 77 65 55 47 73 54 52 1
OM Holdings Limited 563.6M 84 69 84 81 50 84 53 1
Australian Strategic Materials Ltd 540.9M 44 69 55 46 84 51 54 1
Neometals Ltd 531.9M 97 77 46 50 97 60 55 1
Adriatic Metals PLC 528.8M 78 74 55 64 78 66 56 1
Argosy Minerals Limited 467.8M 78 74 55 64 78 66 57 1
Perenti Global Limited 461.4M 68 71 51 61 74 60 58 1
Champion Iron Limited 441.1M 66 49 73 47 67 58 59 1
Panoramic Resources Limited 420.4M 78 75 43 58 85 58 60 1
Hastings Technology Metals Limited 404.8M 75 72 56 67 67 65 61 1
Alkane Resources Limited 402.0M 45 56 83 88 40 78 62 1
Centaurus Metals Limited 397.2M 78 74 55 64 78 66 63 1
Bowen Coking Coal Limited 385.5M 78 74 55 64 78 66 64 1
Jupiter Mines Limited 372.2M 63 93 46 52 80 66 65 1
Galan Lithium Limited 362.2M 78 74 55 64 78 66 66 1
Talga Group Ltd 359.9M 90 78 38 45 95 53 67 1
BCI Minerals Limited 349.8M 86 73 58 67 82 71 68 1
Metals X Limited 344.8M 90 77 50 67 80 68 69 1
Pantoro Limited 330.8M 78 74 55 64 78 66 70 1
Aurelia Metals Limited 327.8M 85 69 59 60 72 65 71 1
Macmahon Holdings Limited 283.7M 47 61 72 78 44 68 72 1
Lotus Resources Limited 277.3M 78 74 55 64 78 66 73 1
Firefinch Limited 236.2M 78 74 55 64 78 66 74 1
Andromeda Metals Limited 229.8M 78 74 55 64 78 66 75 1

Income Statement Analysis

Overall, Iluka's critical income statement metrics appear to strongly support positive growth going forward. Iluka's reported return on equity (ROE) ratio was 25.3, representing a change of 82.2%. Its return factor metrics are even more remarkable when compared to their peers. Therefore, its return factors component earned a score of 89. Also, Iluka's management was effective in improving its EBIDTA, which now sits at 713.2 and represents a 44.1% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 20.0%. Their EBITDA metrics are even more impressive relative to their peers and competitors, and its likely the stock price has room to grow to reflect its intrinsic value accurately. Therefore, its EBITDA component earned a score of 62. That said, one metric, Revenue Efficiency, stood out as particularly concerning. Iluka reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 1569.2 and represented 22.8% change from the previous period. This metric might have a 24.0 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. Its revenue efficiency, therefore, received a grade of 50. Therefore, it received a score of 60.

Parameter Value Change Score
EBITDA 713.2 44.1% 62
Total Revenues 1,569.2 22.8% 50
Return on Equity 25.3 82.2% 89
* All values are TTM

The below chart describes Iluka's performance as reflected on its income statement with respect to its peers. While Iluka received a income statement score of 60 , the average of its peers stands on 69.0.

  •  ILU
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
BHP Group Limited 208.5B 64 79 79 71 0 1
Fortescue Metals Group Limited 55.0B 58 78 75 67 1 1
Newcrest Mining Limited 19.4B 95 45 48 66 2 1
South32 Limited 18.7B 47 94 95 72 3 1
Mineral Resources Limited 9.2B 94 42 44 63 4 1
Lynas Rare Earths Limited 8.3B 50 91 83 69 5 1
Northern Star Resources Limited 8.2B 48 66 68 56 6 1
IGO Limited 7.8B 98 72 48 78 7 1
BlueScope Steel Limited 7.3B 86 71 66 72 8 1
Pilbara Minerals Limited 6.9B 38 96 96 69 9 1
Allkem Limited 6.9B 46 75 74 61 10 1
OZ Minerals Limited 6.2B 48 82 82 66 11 1
Evolution Mining Limited 4.8B 94 46 43 64 12 1
Alumina Limited 4.4B 87 73 76 79 13 1
OZ Minerals Holdings Pty Ltd 4.0B 39 88 45 61 14 1
Andean Resources Ltd. 3.7B 37 89 91 97 15 1
Coronado Global Resources Inc. 2.9B 39 98 97 74 16 1
Nickel Industries Limited 2.8B 66 61 55 60 17 1
AVZ Minerals Limited 2.8B 87 63 41 68 18 1
Sims Limited 2.7B 45 90 92 69 19 1
Zimplats Holdings Limited 2.6B 94 50 52 68 20 1
Liontown Resources Limited 2.4B 87 78 91 84 21 1
Perseus Mining Limited 2.3B 42 88 83 65 22 1
Deterra Royalties Limited 2.3B 45 83 66 61 23 1
Sandfire Resources Limited 1.9B 64 73 74 69 24 1
Core Lithium Ltd 1.8B 87 47 81 70 25 1
Chalice Mining Limited 1.5B 99 65 76 81 26 1
Grange Resources Limited 1.5B 74 61 61 64 27 1
Capricorn Metals Ltd 1.3B 37 98 97 69 28 1
West African Resources Limited 1.3B 43 84 63 59 29 1
Silver Lake Resources Limited 1.2B 95 42 41 63 30 1
De Grey Mining Limited 1.2B 44 45 76 47 31 1
Gold Road Resources Limited 1.2B 94 48 49 67 32 1
Lake Resources NL 1.2B 87 62 66 73 33 1
Sayona Mining Limited 1.2B 87 62 66 73 34 1
Regis Resources Limited 1.1B 65 50 45 53 35 1
Piedmont Lithium Inc. 1.1B 87 63 68 77 36 1
5E Advanced Materials Inc. 927.2M 74 37 56 58 37 1
ioneer Ltd 867.9M 87 55 60 69 38 1
Syrah Resources Limited 856.9M 38 67 62 50 39 1
Equigold NL 854.0M 79 44 91 65 40 1
Ramelius Resources Limited 828.4M 94 51 48 68 41 1
Vulcan Energy Resources Limited 826.7M 87 67 84 78 42 1
Jervois Global Limited 813.1M 37 94 93 71 43 1
Mincor Resources NL 808.9M 98 57 59 77 44 1
Imdex Limited 796.9M 77 60 56 56 45 1
Bellevue Gold Limited 722.0M 87 44 83 69 46 1
St Barbara Limited 701.5M 93 56 53 70 47 1
Emerald Resources NL 679.4M 37 96 94 68 48 1
Red 5 Limited 671.6M 95 58 66 75 49 1
Boart Longyear Group Ltd. 651.0M 93 58 67 74 50 1
Mount Gibson Iron Limited 629.5M 99 62 66 78 51 1
Westgold Resources Limited 575.3M 84 58 43 65 52 1
OM Holdings Limited 563.6M 50 96 97 75 53 1
Australian Strategic Materials Ltd 540.9M 91 62 66 74 54 1
Neometals Ltd 531.9M 87 66 56 72 55 1
Adriatic Metals PLC 528.8M 87 62 66 73 56 1
Argosy Minerals Limited 467.8M 87 62 66 73 57 1
Perenti Global Limited 461.4M 73 81 87 78 58 1
Champion Iron Limited 441.1M 95 50 45 71 59 1
Panoramic Resources Limited 420.4M 95 50 62 71 60 1
Hastings Technology Metals Limited 404.8M 90 51 53 68 61 1
Alkane Resources Limited 402.0M 68 74 74 70 62 1
Centaurus Metals Limited 397.2M 87 62 66 73 63 1
Bowen Coking Coal Limited 385.5M 87 62 66 73 64 1
Jupiter Mines Limited 372.2M 96 46 50 81 65 1
Galan Lithium Limited 362.2M 87 62 66 73 66 1
Talga Group Ltd 359.9M 87 40 47 60 67 1
BCI Minerals Limited 349.8M 94 47 56 68 68 1
Metals X Limited 344.8M 94 84 79 87 69 1
Pantoro Limited 330.8M 87 62 66 73 70 1
Aurelia Metals Limited 327.8M 68 58 49 58 71 1
Macmahon Holdings Limited 283.7M 88 51 48 65 72 1
Lotus Resources Limited 277.3M 87 62 66 73 73 1
Firefinch Limited 236.2M 87 62 66 73 74 1
Andromeda Metals Limited 229.8M 87 62 66 73 75 1

Cash Flow Analysis

Free Cash flow and Net Cash Flow stand out as the most significant drivers of Iluka's cash flow's strength. Iluka did a great job related to free cash flow this period, which stood at 0.7, representing a 68.9% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 4.3%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. The company's free cash flow movement, therefore, received a grade of 84. Also, Iluka presents exciting net cash flow numbers for its recent financial release, illustrated by a net cash flow of 207.7, which is a change of 69.8% from the last filing. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. Consequently, their net cash flow movement received a grade of 75. That said, one metric, Capital Expenditure, stood out as particularly concerning. Iluka's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as -51.6, which represents a -39.5% change from the last period. The company's disappointing CapEx growth is expected to stunt the momentum they hoped for this period. Its CapEx movement, therefore, received a grade of 52. Therefore, we scored its cash flow a 74.

Parameter Value Change Score
Net Cashflow 207.7 69.8% 75
Capital Expenditure -51.6 -39.5% 52
Asset Turnover 0.6 9.2% 74
Free Cashflow 0.7 68.9% 84
* All values are TTM

The below chart describes Iluka's performance as reflected on its cash flow with respect to its peers. While Iluka received a cash flow score of 74, the average of its peers stands on 69.0.

  •  ILU
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
BHP Group Limited 208.5B 70 77 80 71 75 0 1
Fortescue Metals Group Limited 55.0B 74 78 69 74 75 1 1
Newcrest Mining Limited 19.4B 58 48 63 55 57 2 1
South32 Limited 18.7B 72 86 82 75 78 3 1
Mineral Resources Limited 9.2B 58 69 54 63 61 4 1
Lynas Rare Earths Limited 8.3B 78 63 76 58 70 5 1
Northern Star Resources Limited 8.2B 70 58 54 91 73 6 1
IGO Limited 7.8B 80 73 66 57 72 7 1
BlueScope Steel Limited 7.3B 48 47 56 70 52 8 1
Pilbara Minerals Limited 6.9B 87 97 76 78 86 9 1
Allkem Limited 6.9B 75 77 70 84 82 10 1
OZ Minerals Limited 6.2B 69 97 66 73 78 11 1
Evolution Mining Limited 4.8B 54 49 61 39 50 12 1
Alumina Limited 4.4B 68 74 76 70 72 13 1
OZ Minerals Holdings Pty Ltd 4.0B 49 86 84 39 50 14 1
Andean Resources Ltd. 3.7B 40 55 56 37 41 15 1
Coronado Global Resources Inc. 2.9B 77 86 53 93 81 16 1
Nickel Industries Limited 2.8B 75 63 76 61 70 17 1
AVZ Minerals Limited 2.8B 60 69 76 37 58 18 1
Sims Limited 2.7B 83 98 56 82 82 19 1
Zimplats Holdings Limited 2.6B 75 77 63 44 64 20 1
Liontown Resources Limited 2.4B 59 69 76 51 62 21 1
Perseus Mining Limited 2.3B 69 94 90 83 83 22 1
Deterra Royalties Limited 2.3B 77 88 96 51 75 23 1
Sandfire Resources Limited 1.9B 73 85 63 71 76 24 1
Core Lithium Ltd 1.8B 61 69 76 72 69 25 1
Chalice Mining Limited 1.5B 53 62 84 38 55 26 1
Grange Resources Limited 1.5B 75 79 76 62 73 27 1
Capricorn Metals Ltd 1.3B 81 83 81 79 82 28 1
West African Resources Limited 1.3B 73 84 42 58 66 29 1
Silver Lake Resources Limited 1.2B 63 53 64 47 58 30 1
De Grey Mining Limited 1.2B 80 69 76 61 73 31 1
Gold Road Resources Limited 1.2B 57 57 54 50 56 32 1
Lake Resources NL 1.2B 68 69 76 60 68 33 1
Sayona Mining Limited 1.2B 68 69 76 60 68 34 1
Regis Resources Limited 1.1B 65 76 68 69 69 35 1
Piedmont Lithium Inc. 1.1B 59 62 69 54 60 36 1
5E Advanced Materials Inc. 927.2M 55 48 71 71 61 37 1
ioneer Ltd 867.9M 47 57 54 51 51 38 1
Syrah Resources Limited 856.9M 59 58 43 98 69 39 1
Equigold NL 854.0M 91 69 72 84 87 40 1
Ramelius Resources Limited 828.4M 59 56 81 58 62 41 1
Vulcan Energy Resources Limited 826.7M 67 69 76 69 71 42 1
Jervois Global Limited 813.1M 43 51 38 82 54 43 1
Mincor Resources NL 808.9M 63 63 72 45 57 44 1
Imdex Limited 796.9M 71 72 79 73 74 45 1
Bellevue Gold Limited 722.0M 51 64 56 51 54 46 1
St Barbara Limited 701.5M 54 46 71 55 56 47 1
Emerald Resources NL 679.4M 84 81 80 81 84 48 1
Red 5 Limited 671.6M 68 49 48 59 59 49 1
Boart Longyear Group Ltd. 651.0M 62 74 81 63 68 50 1
Mount Gibson Iron Limited 629.5M 68 69 59 56 64 51 1
Westgold Resources Limited 575.3M 59 69 71 59 63 52 1
OM Holdings Limited 563.6M 75 90 90 75 82 53 1
Australian Strategic Materials Ltd 540.9M 72 69 76 69 72 54 1
Neometals Ltd 531.9M 62 54 71 52 60 55 1
Adriatic Metals PLC 528.8M 68 69 76 60 68 56 1
Argosy Minerals Limited 467.8M 68 69 76 60 68 57 1
Perenti Global Limited 461.4M 61 69 54 78 67 58 1
Champion Iron Limited 441.1M 56 69 51 49 55 59 1
Panoramic Resources Limited 420.4M 69 69 79 54 67 60 1
Hastings Technology Metals Limited 404.8M 65 68 74 57 67 61 1
Alkane Resources Limited 402.0M 69 58 68 71 68 62 1
Centaurus Metals Limited 397.2M 68 69 76 60 68 63 1
Bowen Coking Coal Limited 385.5M 68 69 76 60 68 64 1
Jupiter Mines Limited 372.2M 51 51 84 44 50 65 1
Galan Lithium Limited 362.2M 68 69 76 60 68 66 1
Talga Group Ltd 359.9M 53 48 76 70 62 67 1
BCI Minerals Limited 349.8M 62 54 76 49 60 68 1
Metals X Limited 344.8M 70 81 72 55 68 69 1
Pantoro Limited 330.8M 68 69 76 60 68 70 1
Aurelia Metals Limited 327.8M 72 58 54 49 60 71 1
Macmahon Holdings Limited 283.7M 72 53 46 57 62 72 1
Lotus Resources Limited 277.3M 68 69 76 60 68 73 1
Firefinch Limited 236.2M 68 69 76 60 68 74 1
Andromeda Metals Limited 229.8M 68 69 76 60 68 75 1

This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.