Here's Why We Think Pro Medicus (ASX:PME) Is Well Worth Watching
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad.
If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Pro Medicus (ASX:PME). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it.
We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.
The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. To the delight of shareholders, Pro Medicus has achieved impressive annual EPS growth of 37%, compound, over the last three years. While that sort of growth rate isn't sustainable for long, it certainly catches the eye of prospective investors.
Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. The good news is that Pro Medicus is growing revenues, and EBIT margins improved by 5.1 percentage points to 72%, over the last year. That's great to see, on both counts.
You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.
View our latest analysis for Pro Medicus
You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for Pro Medicus' future profits.
Seeing insiders owning a large portion of the shares on issue is often a good sign. Their incentives will be aligned with the investors and there's less of a probability in a sudden sell-off that would impact the share price. So those who are interested in Pro Medicus will be delighted to know that insiders have shown their belief, holding a large proportion of the company's shares. Owning 49% of the company, insiders have plenty riding on the performance of the the share price. Shareholders and speculators should be reassured by this kind of alignment, as it suggests the business will be run for the benefit of shareholders. And their holding is extremely valuable at the current share price, totalling AU$14b. This is an incredible endorsement from them.
It's good to see that insiders are invested in the company, but are remuneration levels reasonable? Our quick analysis into CEO remuneration would seem to indicate they are. The median total compensation for CEOs of companies similar in size to Pro Medicus, with market caps over AU$12b, is around AU$6.4m.
The Pro Medicus CEO received total compensation of just AU$965k in the year to June 2024. First impressions seem to indicate a compensation policy that is favourable to shareholders. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. It can also be a sign of good governance, more generally.
Pro Medicus' earnings per share growth have been climbing higher at an appreciable rate. An added bonus for those interested is that management hold a heap of stock and the CEO pay is quite reasonable, illustrating good cash management. The sharp increase in earnings could signal good business momentum. Big growth can make big winners, so the writing on the wall tells us that Pro Medicus is worth considering carefully. Of course, profit growth is one thing but it's even better if Pro Medicus is receiving high returns on equity, since that should imply it can keep growing without much need for capital. Click on this link to see how it is faring against the average in its industry.
While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in AU with promising growth potential and insider confidence.
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Miami Herald
an hour ago
- Miami Herald
Dateline Resources Reports Strong Progress in Colosseum Gold-REE Exploration Program in California
SAN BERNARDINO, CA / ACCESS Newswire / June 23, 2025 / Dateline Resources Limited (ASX:DTR)(OTCQB:DTREF), an Australian-based exploration company, is pleased to provide an update on its ongoing exploration program at the 100%-owned Colosseum Gold and Rare Earth Elements (REE) Project, located in the prolific Walker Lane Trend of San Bernardino County, California. This comprehensive program highlights Dateline's commitment to advancing the exploration of this dual-commodity asset through detailed geophysical and geochemical surveys. The magneto telluric (MT) geophysical survey is progressing steadily, with data collected from 119 of the planned 167 stations, representing approximately 70% completion. Designed to capture deep subsurface resistivity data along multiple lines spanning the project claims, the MT survey aims to image geological structures and alteration zones that could indicate buried breccia pipes or REE-bearing mineralized features. Preliminary 1D and 2D resistivity inversions from the first three completed survey lines have been generated and are under review by Dateline's technical team, showing resistivity contrasts that may correlate with key lithological contacts or structural features at depth. A full 3D inversion of the MT dataset will be conducted once all field data is collected, with results expected within 2-4 weeks of survey completion, enhancing the company's ability to pinpoint high-priority drill targets. In parallel, the geochemical sampling program is advancing, with 599 of the planned 1,207 samples, roughly 50%, collected as of today. Targeting high-priority areas such as newly identified felsite dykes west of historic pits and untested gravity-low anomalies to the east, these samples are being sent to the laboratory in batches for multi-element analysis, including a full suite of rare earth elements, to identify geochemical anomalies and pathfinder elements. Initial assay results from the first batch are expected in early July 2025, with comprehensive interpretation to follow once all samples are analyzed. Given current progress, terrain, and temperature conditions, the sampling campaign is anticipated to conclude in approximately 17-20 days. These exploration efforts are central to Dateline's "stacked evidence" methodology, which integrates MT, geochemical, gravity, and potentially ground magnetic data to refine drill targets. The results will guide upcoming drilling campaigns, including a maiden REE-focused program, positioning Colosseum as a strategically significant project for both gold and critical minerals. Located less than 10 kilometers north of the world-class Mountain Pass REE mine, the Colosseum Project is well-positioned to capitalize on the growing global demand for rare earth elements, supported by strong U.S. government initiatives to bolster domestic production. This positions the project to contribute to America's strategic mineral supply chain, enhancing national security by reducing reliance on foreign sources of critical minerals. Managing Director Stephen Baghdadi commented, "We are very encouraged by the field progress and initial data coming from Colosseum. In just a short period, our team has covered roughly half of the geochemical survey grid, and the MT survey is advancing on schedule. Each batch of samples sent to the lab and each line of geophysical data brings us a step closer to uncovering the next phase of Colosseum's potential. We look forward to receiving the assay results in July along with the MT survey's 3D models. Combining these new datasets will allow us to pinpoint the most prospective zones for both gold and rare earths with a high degree of confidence. This systematic approach is laying the groundwork for our upcoming drilling campaigns, including the maiden REE-focused drill program, to unlock value from this unique gold-REE project." About Dateline Resources Limited Dateline Resources Limited (ASX: DTR, OTCQB: DTREF) is an Australian company focused on mining and exploration in North America. The Company owns 100% of the Colosseum Gold-REE Project in California. The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California. On 6 June 2024, the Company announced to the ASX that the Colosseum Gold mine has a JORC-2012 compliant Mineral Resource estimate of 27.1Mt @ 1.26g/t Au for 1.1Moz. Of the total Mineral Resource, 455koz @ 1.47/t Au (41%) are classified as Measured, 281koz @1.21g/t Au (26%) as Indicated and 364koz @ 1.10g/t Au (33%) as Inferred. On 23 May 2025, Dateline announced that updated economics for the Colosseum Gold Project generated an NPV6.5 of US$550 million and an IRR of 61% using a gold price of US$2,900/oz. The Colosseum is located less than 10km north of the Mountain Rare Earth mine. Planning has commenced on drill testing the REE potential at Colosseum. Forward-Looking Statements This announcement may contain "forward-looking statements" concerning Dateline Resources that are subject to risks and uncertainties. Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond Dateline Resources' ability to control or estimate precisely, such as future market conditions, changes in regulatory environment and the behavior of other market participants. Dateline Resources cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cautioned not to place undue reliance on these forward-looking statements. Dateline Resources assumes no obligation and does not undertake any obligation to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except to the extent legally required. Competent Person Statement Sample preparation and any exploration information in this announcement is based upon work reviewed by Mr Greg Hall who is a Chartered Professional of the Australasian Institute of Mining and Metallurgy (CP-IMM). Mr Hall has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to quality as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves" (JORC Code). Mr Hall is a Non-Executive Director of Dateline Resources Limited and consents to the inclusion in the report of the matters based on this information in the form and context in which it appears. Contact InformationStephen BaghdadiManaging DirectorDateline Resources Limited+61 2 9375 2353info@ Andrew RowellWhite Noise Communications+61 400 466 226andrew@ Follow Dateline on X: @Dateline_DTR Dateline Resources LimitedLevel 29, 2 Chifley Square, Sydney, NSW 2000, Australia This press release is authorized for release by the Board of Dateline Resources Limited SOURCE: Dateline Resources Limited
Indianapolis Star
3 hours ago
- Indianapolis Star
Dateline Resources Reports Strong Progress in Colosseum Gold-REE Exploration Program in California
SAN BERNARDINO, CA / ACCESS Newswire Dateline Resources Limited (ASX:DTR)(OTCQB:DTREF), an Australian-based exploration company, is pleased to provide an update on its ongoing exploration program at the 100%-owned Colosseum Gold and Rare Earth Elements (REE) Project, located in the prolific Walker Lane Trend of San Bernardino County, California. This comprehensive program highlights Dateline's commitment to advancing the exploration of this dual-commodity asset through detailed geophysical and geochemical surveys. The magneto telluric (MT) geophysical survey is progressing steadily, with data collected from 119 of the planned 167 stations, representing approximately 70% completion. Designed to capture deep subsurface resistivity data along multiple lines spanning the project claims, the MT survey aims to image geological structures and alteration zones that could indicate buried breccia pipes or REE-bearing mineralized features. Preliminary 1D and 2D resistivity inversions from the first three completed survey lines have been generated and are under review by Dateline's technical team, showing resistivity contrasts that may correlate with key lithological contacts or structural features at depth. A full 3D inversion of the MT dataset will be conducted once all field data is collected, with results expected within 2-4 weeks of survey completion, enhancing the company's ability to pinpoint high-priority drill targets. In parallel, the geochemical sampling program is advancing, with 599 of the planned 1,207 samples, roughly 50%, collected as of today. Targeting high-priority areas such as newly identified felsite dykes west of historic pits and untested gravity-low anomalies to the east, these samples are being sent to the laboratory in batches for multi-element analysis, including a full suite of rare earth elements, to identify geochemical anomalies and pathfinder elements. Initial assay results from the first batch are expected in early July 2025, with comprehensive interpretation to follow once all samples are analyzed. Given current progress, terrain, and temperature conditions, the sampling campaign is anticipated to conclude in approximately 17-20 days. These exploration efforts are central to Dateline's 'stacked evidence' methodology, which integrates MT, geochemical, gravity, and potentially ground magnetic data to refine drill targets. The results will guide upcoming drilling campaigns, including a maiden REE-focused program, positioning Colosseum as a strategically significant project for both gold and critical minerals. Located less than 10 kilometers north of the world-class Mountain Pass REE mine, the Colosseum Project is well-positioned to capitalize on the growing global demand for rare earth elements, supported by strong U.S. government initiatives to bolster domestic production. This positions the project to contribute to America's strategic mineral supply chain, enhancing national security by reducing reliance on foreign sources of critical minerals. Managing Director Stephen Baghdadi commented, 'We are very encouraged by the field progress and initial data coming from Colosseum. In just a short period, our team has covered roughly half of the geochemical survey grid, and the MT survey is advancing on schedule. Each batch of samples sent to the lab and each line of geophysical data brings us a step closer to uncovering the next phase of Colosseum's potential. We look forward to receiving the assay results in July along with the MT survey's 3D models. Combining these new datasets will allow us to pinpoint the most prospective zones for both gold and rare earths with a high degree of confidence. This systematic approach is laying the groundwork for our upcoming drilling campaigns, including the maiden REE-focused drill program, to unlock value from this unique gold-REE project.' About Dateline Resources Limited Dateline Resources Limited (ASX: DTR, OTCQB: DTREF) is an Australian company focused on mining and exploration in North America. The Company owns 100% of the Colosseum Gold-REE Project in California. The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California. On 6 June 2024, the Company announced to the ASX that the Colosseum Gold mine has a JORC-2012 compliant Mineral Resource estimate of 27.1Mt @ 1.26g/t Au for 1.1Moz. Of the total Mineral Resource, 455koz @ 1.47/t Au (41%) are classified as Measured, 281koz @1.21g/t Au (26%) as Indicated and 364koz @ 1.10g/t Au (33%) as Inferred. On 23 May 2025, Dateline announced that updated economics for the Colosseum Gold Project generated an NPV 6.5 of US$550 million and an IRR of 61% using a gold price of US$2,900/oz. The Colosseum is located less than 10km north of the Mountain Rare Earth mine. Planning has commenced on drill testing the REE potential at Colosseum. Forward-Looking Statements This announcement may contain 'forward-looking statements' concerning Dateline Resources that are subject to risks and uncertainties. Generally, the words 'will', 'may', 'should', 'continue', 'believes', 'expects', 'intends', 'anticipates' or similar expressions identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond Dateline Resources' ability to control or estimate precisely, such as future market conditions, changes in regulatory environment and the behavior of other market participants. Dateline Resources cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cautioned not to place undue reliance on these forward-looking statements. Dateline Resources assumes no obligation and does not undertake any obligation to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except to the extent legally required. Competent Person Statement Sample preparation and any exploration information in this announcement is based upon work reviewed by Mr Greg Hall who is a Chartered Professional of the Australasian Institute of Mining and Metallurgy (CP-IMM). Mr Hall has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to quality as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr Hall is a Non-Executive Director of Dateline Resources Limited and consents to the inclusion in the report of the matters based on this information in the form and context in which it appears. Contact Information Stephen Baghdadi Managing Director Dateline Resources Limited +61 2 9375 2353 info@ Andrew Rowell White Noise Communications +61 400 466 226 andrew@ Follow Dateline on X: @Dateline_DTR Dateline Resources Limited Level 29, 2 Chifley Square, Sydney, NSW 2000, Australia This press release is authorized for release by the Board of Dateline Resources Limited View the original press release on ACCESS Newswire
Yahoo
10 hours ago
- Yahoo
Superannuation warning after $25 billion ASX bloodbath as US-Iran tensions escalate
Australians are being warned not to panic if their superannuation balance goes down as tensions between the US and Iran escalate. American stealth bombers attacked a series of nuclear sites in the Middle Eastern country over the weekend. Outbreaks like this can cause volatility on the share market and see investors sell off their assets. This was seen on Monday after the opening bell, with the ASX 200 falling 44.30 points or 0.52 per cent. It ended up being a $25 billion drop by lunchtime, according to IG market analyst Tony Sycamore, and the futures markets in the US are predicting similar drops when they open tonight. With Aussie super accounts heavily invested in the Australian and US markets, some might see their balances drop sharply over the coming days as a result of this market movement. But Jessica Amir, MooMoo Australia market strategist, told Yahoo Finance it's best to ride out this storm and not move your money around as a knee-jerk reaction $3,000 superannuation boost coming for Aussie parents from July 1 Centrelink payment alert for 58,000 Aussies in caravans Couple's side hustle amid double redundancy secures $13 million fortune "Just take a big-picture approach. Cop it on the chin and suck it up," she said. "Sometimes, the best thing to do is nothing, because markets always recover. "If you were to sell right now, you might be pretty foolish, perhaps even dumb." She added this also comes at a time when many Australian super funds are readjusting their investments before July 1."It's usually every quarter, but the biggest one is the end of financial year because it's all about tax minimisation," Amir said. "And tax loss selling is something that we see, which is basically when a super fund might look to sell the stocks that have done badly during the financial year and claim them as a tax write off against stocks that have gone up over the year." When you add that with what's happening in Iran, as well as the potential for the US central bank to drop interest rates next month, you get a lot of sharemarket volatility. Amir told Yahoo Finance July is typically the best month on the Australian share market. "Investment managers chuck all their money back into the share market [in July], and they're getting ready for the new financial year, and so they're buying those stocks that they think will be growing their earnings," she said. "Also interest rates are expected to be cut, which benefits consumer spending on stocks." While sharemarkets aren't the biggest fans of war, historically there have been big swings in the other direction following large sell-offs. "After every pullback, the Aussie market and the US market have always recovered," Amir said. "You could buy into those stocks, or even just the entire market, during the pullback and hold it for six to nine months, and you'll probably be a lot wealthier." Financial advisor Alex Jamieson, founder of AJ Financial Planning, echoed this sentiment. "History tells us that markets can respond in surprising ways and certain sectors can thrive," he said. 'During World War II, US industrial production surged and equity markets steadily rose after the initial shock. 'In the wake of the Gulf War in 1990, markets initially fell on uncertainty but rebounded strongly once military action commenced and oil supplies stabilised.' Even with the Russian-Ukrainian war, oil, gas, defence and agricultural companies soared while tech stocks suffered. "While conflict creates volatility, it also fuels certain parts of the economy,' he added. 'For super fund members, this means your balance could actually benefit if your fund is exposed to the right areas, such as energy, commodities, infrastructure and defence.' While markets might recover from the volatility caused by what's happening in the Middle East, it might have a much bigger, long lasting impact on everyday costs. The US has asked China to prevent Iran from closing the Strait of Hormuz, which is a naval passageway connecting the Persian Gulf with the Arabian Sea and the rest of the world's oceans. Roughly 20 million barrels of oil flowed through that route every day in 2024, according to the Energy Information Administration. Closing or narrowing that Strait could see oil prices jump considerably. The industry standard Brent price per barrel is already in the high US$70s and there are fears it could spike as high as more than US$100 per barrel. Amir said this could materialise soon at Aussie petrol stations. "It means we're paying higher prices when we fill up," she told Yahoo Finance. "Even if you're filling up your Tesla or your BYD or whatever, much of Australia's energy grid is actually actually powered by fossil fuels, so everything will be passed back to the consumer." She added that higher petrol prices means more expensive freight costs and that could result in supermarkets jacking up their prices to cover these increased in to access your portfolio
