Metals Exploration Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May '26 May 6, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	399	92	55	26	30	34
Market Cap Growth	112.46%	69.49%	113.20%	-14.80%	-12.12%	34.69%
Enterprise Value	366	87	93	102	109	136
Last Close Price	0.13	0.05	0.03	0.01	0.01	0.02
PE Ratio	-	4.52	0.58	3.52	3.60	4.96
PS Ratio	2.50	0.61	0.42	0.25	0.31	0.38
PB Ratio	2.33	0.87	0.52	1.74	4.27	-41.98
P/TBV Ratio	2.33	0.87	0.52	1.74	4.30	-
P/FCF Ratio	6.62	1.46	1.08	1.03	1.17	2.91
P/OCF Ratio	5.03	1.35	0.93	0.81	0.87	1.62
EV/Sales Ratio	2.29	0.57	0.71	0.99	1.14	1.52
EV/EBITDA Ratio	4.92	1.12	1.50	2.66	3.06	3.91
EV/EBIT Ratio	11.64	2.49	4.39	5.17	5.16	6.08
EV/FCF Ratio	6.07	1.38	1.84	4.09	4.28	11.52
Debt / Equity Ratio	-	0.05	0.18	4.62	10.78	-114.63
Debt / EBITDA Ratio	-	0.07	0.30	1.78	2.12	2.69
Debt / FCF Ratio	-	0.09	0.37	2.74	2.97	7.93
Net Debt / Equity Ratio	-0.19	-0.18	0.18	4.57	10.29	-106.60
Net Debt / EBITDA Ratio	-0.45	-0.25	0.30	1.76	2.02	2.50
Net Debt / FCF Ratio	-0.56	-0.31	0.37	2.71	2.83	7.38
Asset Turnover	0.90	1.08	1.10	0.99	0.95	0.89
Inventory Turnover	7.38	7.11	6.57	4.77	5.78	6.91
Quick Ratio	3.88	1.29	0.13	0.21	0.30	0.49
Current Ratio	5.04	1.84	0.60	0.71	0.81	0.86
Return on Equity (ROE)	-7.69%	19.12%	157.22%	64.16%	268.47%	-
Return on Assets (ROA)	11.07%	15.39%	11.15%	11.84%	13.10%	13.91%
Return on Invested Capital (ROIC)	22.76%	24.25%	20.96%	22.98%	25.51%	27.27%
Return on Capital Employed (ROCE)	16.70%	30.90%	19.10%	30.50%	30.20%	29.60%
Earnings Yield	-2.99%	22.10%	171.62%	28.39%	27.77%	20.17%
FCF Yield	15.11%	68.61%	92.55%	97.18%	85.16%	34.42%
Buyback Yield / Dilution	-15.34%	5.07%	-0.74%	-1.24%	4.44%	-3.11%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.