Ardea Resources Limited engages in the exploration and development of mineral properties in Australia.
Ardea Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.52|
|52 Week High||AU$0.40|
|52 Week Low||AU$0.63|
|1 Month Change||8.33%|
|3 Month Change||1.96%|
|1 Year Change||11.83%|
|3 Year Change||-1.89%|
|5 Year Change||n/a|
|Change since IPO||188.89%|
Recent News & Updates
|ARL||AU Metals and Mining||AU Market|
Return vs Industry: ARL matched the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: ARL underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: ARL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ARL's weekly volatility (6%) has been stable over the past year.
About the Company
Ardea Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for nickel, cobalt, scandium, gold, PGEs, and copper deposits. It holds 100% interest in Kalgoorlie Nickel Project (KNP) located in the Kalgoorlie, Western Australia that comprises nickel and cobalt mineral resources, and nickel sulphide and gold prospects; and Bardoc Tectonic Zone Gold Project, which has nickel sulphide prospects.
Ardea Resources Fundamentals Summary
|ARL fundamental statistics|
Is ARL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARL income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.017|
|Net Profit Margin||-1,565.22%|
How did ARL perform over the long term?See historical performance and comparison
Is Ardea 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 ARL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ARL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ARL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ARL 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 ARL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARL is good value based on its PB Ratio (2x) compared to the AU Metals and Mining industry average (2.6x).
How is Ardea 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 Ardea 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 Ardea Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARL is currently unprofitable.
Growing Profit Margin: ARL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ARL is unprofitable, but has reduced losses over the past 5 years at a rate of 1.8% per year.
Accelerating Growth: Unable to compare ARL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARL 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: ARL has a negative Return on Equity (-6.51%), as it is currently unprofitable.
How is Ardea Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ARL's short term assets (A$6.8M) exceed its short term liabilities (A$812.1K).
Long Term Liabilities: ARL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARL is debt free.
Reducing Debt: ARL has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ARL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARL has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 5.5% each year
What is Ardea Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ARL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ARL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ARL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Andrew Penkethman, BSc, FAusIMM, MAIG, has been Chief Executive Officer and of Managing Director of Ardea Resources Limited since April 1, 2019 and February 5, 2020 respectively and also serves as its...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD330.65K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
Experienced Management: ARL's management team is considered experienced (3.3 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.1%.
Ardea Resources Limited's employee growth, exchange listings and data sources
- Name: Ardea Resources Limited
- Ticker: ARL
- Exchange: ASX
- Founded: 2016
- Industry: Gold
- Sector: Materials
- Market Cap: AU$71.778m
- Shares outstanding: 138.03m
- Website: https://www.ardearesources.com.au
- Ardea Resources Limited
- 45 Ord Street
- Suite 2
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:58|
|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.