Alliance Resources Limited, together with its subsidiaries, operates as a mineral exploration and mining company in Australia.
Alliance Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.25|
|1 Month Change||30.00%|
|3 Month Change||25.81%|
|1 Year Change||-22.00%|
|3 Year Change||44.44%|
|5 Year Change||10.80%|
|Change since IPO||-98.09%|
Recent News & Updates
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...
|AGS||AU Metals and Mining||AU Market|
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.
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
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
|AGS fundamental statistics|
Is AGS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AGS income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0066|
|Net Profit Margin||-22,950.00%|
How did AGS perform over the long term?See historical performance and comparison
Is Alliance Resources undervalued compared to its fair value and its price relative to the market?
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).
How is Alliance Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Alliance Resources performed over the past 5 years?
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.
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$162.0K).
Debt to Equity History and Analysis
Debt Level: AGS is debt free.
Reducing Debt: AGS had no debt 5 years ago.
Debt Coverage: AGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AGS has no debt, therefore coverage of interest payments is not a concern.
What is Alliance Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AGS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AGS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AGS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AGS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kevin Malaxos (57 yo)
Mr. Kevin John Malaxos, BSc Mining Engineering, has been Chief Executive Officer, Managing Director and Director of Alliance Resources Limited since December 1, 2019. He served as Managing Director at Maxi...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($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.
Experienced Board: AGS's board of directors are considered experienced (7.7 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.
Alliance Resources Limited's employee growth, exchange listings and data sources
- 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
- Alliance Resources Limited
- 51-55 City Road
- Suite 3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 07:01|
|End of Day Share Price||2021/10/25 00:00|
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.