AS2

Askari MetalsASX:AS2 Stock Report

Market Cap

AU$8.3m

7D

-7.1%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials
AS2 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

AS2 Overview

Askari Metals Limited engages in the acquisition, exploration, and development of copper and gold projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Askari Metals
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.17
52 Week LowAU$0.27
Beta0
1 Month Change-7.14%
3 Month Change-4.88%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-15.22%

Recent News & Updates

Shareholder Returns

AS2AU Metals and MiningAU Market
7D-7.1%-0.3%0.7%
1Yn/a12.5%21.4%

Return vs Industry: Insufficient data to determine how AS2 performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how AS2 performed against the Australian Market.

Price Volatility

Is AS2's price volatile compared to industry and market?
AS2 volatility
AS2 Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: AS2 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine AS2's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/an/ahttps://www.askarimetals.com

Askari Metals Limited engages in the acquisition, exploration, and development of copper and gold projects in Australia. The company holds 100% interest in the Burracoppin gold project covering approximately 17.6 square kilometers located in the eastern wheatbelt of Western Australia; the Horry Copper project comprising one exploration license covering approximately 3.25 square kilometers located in the south-west of Halls Creek; and the Callawa Copper project includes single exploration license covering approximately 167 square kilometers located in the northeast of Marble Bar. It also holds 100% interest in the Springdale project covering approximately 330 square kilometers located in the central east Lachlan Fold Mineral Belt, Sydney; and the Mt Maguire Gold and Base Metal project comprising three exploration licenses covering approximately 42 square kilometers located in Western Australia.

Askari Metals Fundamentals Summary

How do Askari Metals's earnings and revenue compare to its market cap?
AS2 fundamental statistics
Market CapAU$8.29m
Earnings (TTM)-AU$46.35k
Revenue (TTM)n/a

0x

P/S Ratio

-178.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AS2 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$46.35k
Earnings-AU$46.35k

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0011
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did AS2 perform over the long term?

See historical performance and comparison

Valuation

Is Askari Metals undervalued compared to its fair value and its price relative to the market?

31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AS2's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AS2's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AS2 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: AS2 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 AS2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AS2 is overvalued based on its PB Ratio (31x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Askari Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

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 Askari Metals 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.


Past Performance

How has Askari Metals performed over the past 5 years?

23.6%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: AS2 is currently unprofitable.

Growing Profit Margin: AS2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if AS2's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare AS2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AS2 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: AS2 has a negative Return on Equity (-17.32%), as it is currently unprofitable.


Financial Health

How is Askari Metals's financial position?


Financial Position Analysis

Short Term Liabilities: AS2's short term assets (A$224.5K) exceed its short term liabilities (A$24.8K).

Long Term Liabilities: AS2 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AS2 is debt free.

Reducing Debt: AS2 has not had any debt for past 5 years.

Debt Coverage: AS2 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AS2 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Askari Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AS2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AS2'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 AS2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AS2'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 AS2's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average board tenure


CEO

Askari Metals has no CEO, or we have no data on them.


Board Members

Experienced Board: AS2's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AS2 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: AS2 only recently listed within the past 12 months.


Top Shareholders

Company Information

Askari Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Askari Metals Limited
  • Ticker: AS2
  • Exchange: ASX
  • Founded: 2020
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$8.292m
  • Shares outstanding: 42.52m
  • Website: https://www.askarimetals.com

Location

  • Askari Metals Limited
  • 17 Lacey Street
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:51
End of Day Share Price2021/10/22 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.