| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ARL Stock Overview
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$0.78 |
| 52 Week High | AU$2.05 |
| 52 Week Low | AU$0.43 |
| Beta | 1.05 |
| 1 Month Change | -32.17% |
| 3 Month Change | -52.29% |
| 1 Year Change | 45.79% |
| 3 Year Change | 108.00% |
| 5 Year Change | 34.48% |
| Change since IPO | 333.33% |
Recent News & Updates
Shareholder Returns
| ARL | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -11.9% | -6.2% | 0.3% |
| 1Y | 45.8% | -12.6% | -12.2% |
Return vs Industry: ARL exceeded the Australian Metals and Mining industry which returned -12.6% over the past year.
Return vs Market: ARL exceeded the Australian Market which returned -12.2% over the past year.
Price Volatility
| ARL volatility | |
|---|---|
| ARL Average Weekly Movement | 11.0% |
| Metals and Mining Industry Average Movement | 11.3% |
| Market Average Movement | 9.6% |
| 10% most volatile stocks in AU Market | 16.2% |
| 10% least volatile stocks in AU Market | 4.2% |
Stable Share Price: ARL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: ARL's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Andrew Penkethman | https://www.ardearesources.com.au |
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 | |
|---|---|
| Market Cap | AU$132.40m |
| Earnings (TTM) | -AU$2.30m |
| Revenue (TTM) | AU$79.59k |
1,696x
P/S Ratio-57.7x
P/E RatioIs ARL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ARL income statement (TTM) | |
|---|---|
| Revenue | AU$79.59k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$79.59k |
| Other Expenses | AU$2.38m |
| Earnings | -AU$2.30m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.014 |
| Gross Margin | 100.00% |
| Net Profit Margin | -2,885.28% |
| Debt/Equity Ratio | 0% |
How did ARL perform over the long term?
See historical performance and comparisonValuation
Is ARL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ARL?
Other financial metrics that can be useful for relative valuation.
| What is ARL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$132.40m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1586.1x |
| Enterprise Value/EBITDA | -132.9x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does ARL's PB Ratio compare to its peers?
| ARL PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 6.2x | ||
NTU Northern Minerals | 11.1x | n/a | AU$184.8m |
SFX Sheffield Resources | 1.2x | n/a | AU$157.7m |
LRS Latin Resources | 9.8x | n/a | AU$127.4m |
LPD Lepidico | 2.5x | 65.6% | AU$169.2m |
ARL Ardea Resources | 4.1x | n/a | AU$132.4m |
Price-To-Book vs Peers: ARL is good value based on its Price-To-Book Ratio (4.1x) compared to the peer average (6.2x).
Price to Earnings Ratio vs Industry
How does ARL's PE Ratio compare vs other companies in the Australian Metals and Mining Industry?
Price-To-Book vs Industry: ARL is expensive based on its Price-To-Book Ratio (4.1x) compared to the Australian Metals and Mining industry average (1.8x)
Price to Book Ratio vs Fair Ratio
What is ARL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 4.1x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate ARL's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ARL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ARL's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ARL's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARL's PEG Ratio to determine if it is good value.
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Future Growth
How is Ardea Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-7.5%
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 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.
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- Examine Ardea Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Ardea Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Ardea Resources performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
1.4%
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 1.4% 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 (57.3%).
Return on Equity
High ROE: ARL has a negative Return on Equity (-7.04%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Ardea Resources's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ARL's short term assets (A$8.3M) exceed its short term liabilities (A$1.2M).
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.
Balance Sheet
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 sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ARL is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.
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Dividend
What is Ardea Resources's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ARL has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Andrew Penkethman
3.17yrs
Tenure
AU$441,084
Compensation
Mr. Andrew Penkethman, BSc, FAusIMM, MAIG, has been Chief Executive Officer and of Managing Director of Ardea Resources Limited since April 1, 2019 and February 5, 2020 respectively and also serves as its...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD304.70K) is about average for companies of similar size in the Australian market ($USD289.03K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: ARL's management team is considered experienced (4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ARL 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 33%.
Top Shareholders
Company Information
Ardea Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Ardea Resources Limited
- Ticker: ARL
- Exchange: ASX
- Founded: 2016
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$132.395m
- Shares outstanding: 169.74m
- Website: https://www.ardearesources.com.au
Location
- Ardea Resources Limited
- 45 Ord Street
- Suite 2
- West Perth
- Western Australia
- 6005
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/24 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.