Alderan Resources Limited engages in the mineral exploration activities in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.043|
|52 Week High||AU$0.038|
|52 Week Low||AU$0.14|
|1 Month Change||-12.25%|
|3 Month Change||-14.00%|
|1 Year Change||-65.60%|
|3 Year Change||-84.36%|
|5 Year Change||n/a|
|Change since IPO||-88.68%|
Recent News & Updates
|AL8||AU Metals and Mining||AU Market|
Return vs Industry: AL8 underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: AL8 underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: AL8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: AL8's weekly volatility (10%) has been stable over the past year.
About the Company
Alderan Resources Limited engages in the mineral exploration activities in the United States. The company explores for copper, gold, zinc, lead, and silver ores. Its flagship property is the Detroit project located in Detroit Mining District, Utah.
Alderan Resources Fundamentals Summary
|AL8 fundamental statistics|
Is AL8 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AL8 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0048|
|Net Profit Margin||0.00%|
How did AL8 perform over the long term?See historical performance and comparison
Is Alderan 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 AL8's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AL8's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AL8 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: AL8 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 AL8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AL8 is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.5x).
How is Alderan 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 Alderan 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 Alderan Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AL8 is currently unprofitable.
Growing Profit Margin: AL8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AL8 is unprofitable, and losses have increased over the past 5 years at a rate of 4% per year.
Accelerating Growth: Unable to compare AL8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AL8 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: AL8 has a negative Return on Equity (-16.45%), as it is currently unprofitable.
How is Alderan Resources's financial position?
Financial Position Analysis
Short Term Liabilities: AL8's short term assets (A$923.1K) exceed its short term liabilities (A$262.9K).
Long Term Liabilities: AL8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AL8 is debt free.
Reducing Debt: AL8 has no debt compared to 5 years ago when its debt to equity ratio was 27.7%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AL8 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AL8 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.4% each year
What is Alderan Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AL8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AL8'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 AL8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AL8'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 AL8'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 management tenure
Scott Caithness (61 yo)
Mr. Scott James Caithness serves as Managing Director and Director at Alderan Resources Limited since April 6, 2021. Mr. Caithness was Director of Exploration at Hindustan Zinc Ltd. He had been Director -...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD134.94K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.
Experienced Management: AL8's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: AL8's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AL8 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 62.5%.
Alderan Resources Limited's employee growth, exchange listings and data sources
- Name: Alderan Resources Limited
- Ticker: AL8
- Exchange: ASX
- Founded: 2013
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$18.299m
- Shares outstanding: 425.57m
- Website: https://www.alderanresources.com.au
Number of Employees
- Alderan Resources Limited
- 513 Hay Street
- Suite 23
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:01|
|End of Day Share Price||2021/10/15 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.