Aldoro Resources Limited operates as a mineral exploration and development company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.40|
|52 Week High||AU$0.091|
|52 Week Low||AU$0.67|
|1 Month Change||-12.09%|
|3 Month Change||0%|
|1 Year Change||312.37%|
|3 Year Change||100.00%|
|5 Year Change||n/a|
|Change since IPO||86.05%|
Recent News & Updates
Aldoro Resources (ASX:ARN) Is In A Good Position To Deliver On Growth Plans
Just because a business does not make any money, does not mean that the stock will go down. For example, Aldoro...
|ARN||AU Metals and Mining||AU Market|
Return vs Industry: ARN exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: ARN exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: ARN is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: ARN's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Aldoro Resources Limited operates as a mineral exploration and development company in Australia. The company primarily explores for nickel, lithium, gold, and copper deposits, as well as platinum group elements. Its flagship project is the Narndee Igneous Complex covering an area of approximately 700 square kilometres located in Western Australia.
Aldoro Resources Fundamentals Summary
|ARN fundamental statistics|
Is ARN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.03|
|Net Profit Margin||-35,051.47%|
How did ARN perform over the long term?See historical performance and comparison
Is Aldoro 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 ARN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ARN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ARN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ARN 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 ARN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARN is overvalued based on its PB Ratio (4.5x) compared to the AU Metals and Mining industry average (2.5x).
How is Aldoro 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 Aldoro 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 Aldoro Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ARN is currently unprofitable.
Growing Profit Margin: ARN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ARN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ARN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARN 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: ARN has a negative Return on Equity (-33.75%), as it is currently unprofitable.
How is Aldoro Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ARN's short term assets (A$5.1M) exceed its short term liabilities (A$265.9K).
Long Term Liabilities: ARN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARN is debt free.
Reducing Debt: ARN 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: ARN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ARN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 31.9% each year
What is Aldoro Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ARN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARN'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 ARN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARN'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 ARN'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
Aldoro Resources has no CEO, or we have no data on them.
Experienced Board: ARN's board of directors are not considered experienced ( 0.9 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: 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 33.2%.
Aldoro Resources Limited's employee growth, exchange listings and data sources
- Name: Aldoro Resources Limited
- Ticker: ARN
- Exchange: ASX
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$35.365m
- Shares outstanding: 88.41m
- Website: https://www.aldororesources.com
- Aldoro Resources Limited
- 1 Altona Street
- Suite 2
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:02|
|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.