company background image
AGS

Alliance ResourcesASX:AGS Stock Report

Market Cap

AU$40.6m

7D

2.6%

1Y

-22.0%

Updated

25 Oct, 2021

Data

Company Financials
AGS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

AGS Overview

Alliance Resources Limited, together with its subsidiaries, operates as a mineral exploration and mining company in Australia.

Alliance Resources Competitors

Energy Fuels

TSX:EFR

CA$1.6b

Ur-Energy

TSX:URE

CA$450.5m

Deep Yellow

ASX:DYL

AU$364.1m

Vimy Resources

ASX:VMY

AU$272.1m

Price History & Performance

Summary of all time highs, changes and price drops for Alliance Resources
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.13
52 Week LowAU$0.25
Beta0.62
1 Month Change30.00%
3 Month Change25.81%
1 Year Change-22.00%
3 Year Change44.44%
5 Year Change10.80%
Change since IPO-98.09%

Recent News & Updates

Oct 01
We Think Alliance Resources (ASX:AGS) Needs To Drive Business Growth Carefully

We Think Alliance Resources (ASX:AGS) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Shareholder Returns

AGSAU Metals and MiningAU Market
7D2.6%-1.7%0.6%
1Y-22.0%10.8%21.3%

Return vs Industry: AGS underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: AGS underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is AGS's price volatile compared to industry and market?
AGS volatility
AGS Beta0.62
Industry Beta0.97
Market Beta1

Stable Share Price: AGS is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: AGS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1994n/aKevin Malaxoshttps://www.allianceresources.com.au

Alliance Resources Limited, together with its subsidiaries, operates as a mineral exploration and mining company in Australia. The company explores for gold and base metals. Its flagship property is the Wilcherry project comprising seven exploration licenses that covers an area of approximately 1,000 square kilometers located within the southern part of the Gawler Craton in the northern Eyre Peninsula.

Alliance Resources Fundamentals Summary

How do Alliance Resources's earnings and revenue compare to its market cap?
AGS fundamental statistics
Market CapAU$40.56m
Earnings (TTM)-AU$1.38m
Revenue (TTM)AU$6.00k

9.8kx

P/S Ratio

-29.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AGS income statement (TTM)
RevenueAU$6.00k
Cost of RevenueAU$0
Gross ProfitAU$6.00k
ExpensesAU$1.38m
Earnings-AU$1.38m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0066
Gross Margin100.00%
Net Profit Margin-22,950.00%
Debt/Equity Ratio0%

How did AGS perform over the long term?

See historical performance and comparison

Valuation

Is Alliance Resources undervalued compared to its fair value and its price relative to the market?

2.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AGS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AGS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AGS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: AGS is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AGS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AGS is good value based on its PB Ratio (2.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Alliance Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Alliance Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Alliance Resources performed over the past 5 years?

-77.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGS is currently unprofitable.

Growing Profit Margin: AGS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AGS is unprofitable, and losses have increased over the past 5 years at a rate of 77.5% per year.

Accelerating Growth: Unable to compare AGS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AGS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: AGS has a negative Return on Equity (-7.33%), as it is currently unprofitable.


Financial Health

How is Alliance Resources's financial position?


Financial Position Analysis

Short Term Liabilities: AGS's short term assets (A$3.4M) exceed its short term liabilities (A$498.0K).

Long Term Liabilities: AGS's short term assets (A$3.4M) exceed its long term liabilities (A$162.0K).


Debt to Equity History and Analysis

Debt Level: AGS is debt free.

Reducing Debt: AGS had no debt 5 years ago.

Debt Coverage: AGS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AGS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Alliance Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AGS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AGS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AGS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AGS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.7yrs

Average board tenure


CEO

Kevin Malaxos (57 yo)

1.83yrs

Tenure

AU$406,347

Compensation

Mr. Kevin John Malaxos, BSc Mining Engineering, has been Chief Executive Officer, Managing Director and Director of Alliance Resources Limited since December 1, 2019. He served as Managing Director at Maxi...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD303.61K) is about average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: AGS's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.


Top Shareholders

Company Information

Alliance Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Alliance Resources Limited
  • Ticker: AGS
  • Exchange: ASX
  • Founded: 1994
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$40.563m
  • Shares outstanding: 208.02m
  • Website: https://www.allianceresources.com.au

Location

  • Alliance Resources Limited
  • 51-55 City Road
  • Suite 3
  • Southbank
  • Victoria
  • 3006
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 07:01
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.