ASX:ASN

Stock Analysis Report

Executive Summary

Anson Resources Limited focuses on the exploration, acquisition, and development of mineral resources in the United States and Western Australia.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Anson Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.3%

ASN

0.7%

AU Metals and Mining

1.0%

AU Market


1 Year Return

-55.6%

ASN

12.9%

AU Metals and Mining

11.7%

AU Market

Return vs Industry: ASN underperformed the Australian Metals and Mining industry which returned 12.9% over the past year.

Return vs Market: ASN underperformed the Australian Market which returned 11.7% over the past year.


Shareholder returns

ASNIndustryMarket
7 Day-5.3%0.7%1.0%
30 Day-5.3%-2.2%-0.2%
90 Day-21.7%-7.4%0.3%
1 Year-55.6%-55.6%20.7%12.9%18.1%11.7%
3 Year16.1%16.1%68.3%47.9%37.4%19.0%
5 Year147.5%140.0%60.8%24.4%51.7%17.6%

Price Volatility Vs. Market

How volatile is Anson Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Anson Resources undervalued compared to its fair value and its price relative to the market?

7.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate ASN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate ASN's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: ASN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate ASN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASN is overvalued based on its PB Ratio (7.8x) compared to the AU Metals and Mining industry average (1.6x).


Next Steps

  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

2.5%

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 Anson 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.


Next Steps

Past Performance

How has Anson Resources performed over the past 5 years?

-51.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ASN is unprofitable, and losses have increased over the past 5 years at a rate of -51% per year.

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

Earnings vs Industry: ASN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).


Return on Equity

High ROE: ASN has a negative Return on Equity (-243.57%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: ASN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: ASN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Anson Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ASN's short term assets (A$2.0M) exceeds its short term liabilities (A$1.4M)

Long Term Liabilities: ASN's short term assets (2.0M) exceeds its long term liabilities (483.9K)


Debt to Equity History and Analysis

Debt Level: ASN is debt free.

Reducing Debt: ASN had no debt 5 years ago.


Balance Sheet

Inventory Level: ASN has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if ASN's debt is covered by short term assets.


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: ASN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ASN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -55.4% each year


Next Steps

Dividend

What is Anson Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate ASN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ASN's dividends per share have been stable in the past.

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


Next Steps

Management

What is the CEO of Anson Resources's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average board tenure


CEO

Bruce Richardson 0

10.5yrs

Tenure

AU$348,097

Compensation

Mr. Bruce Andrew Richardson, B.A (Hons) has been Managing Director of Anson Resources Limited since April 30, 2009. He is Executive Chairman and Chief Executive Officer at Anson Resources Limited since Oct ...


CEO Compensation Analysis

Compensation vs. Market: Bruce's total compensation ($USD237.01K) is about average for companies of similar size in the Australian market ($USD257.89K).

Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.


Board Age and Tenure

1.0yrs

Average Tenure

Experienced Board: ASN's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

BuyAU$1,499,97211 Sep 19
CHIA XINGYE INTNL
EntityIndividual
Shares50,000,000
Max PriceAU$0.03
BuyAU$4,98008 May 19
Michael van Uffelen
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares83,000
Max PriceAU$0.06

Ownership Breakdown


Management Team

  • Bruce Richardson

    CEO, MD & Executive Chairman

    • Tenure: 10.5yrs
    • Compensation: AU$348.10k
  • Tino Kapfumo

    Company Secretary & Finance Manager

    • Tenure: 0.4yrs
    • Compensation: AU$129.71k

Board Members

  • Bruce Richardson

    CEO, MD & Executive Chairman

    • Tenure: 10.5yrs
    • Compensation: AU$348.10k
  • Michael van Uffelen

    Non-Executive Director

    • Tenure: 1yrs
    • Compensation: AU$105.91k
  • Greg Knox

    Non-Executive Director

    • Tenure: 8.1yrs
    • Compensation: AU$216.22k

Company Information

Anson Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anson Resources Limited
  • Ticker: ASN
  • Exchange: ASX
  • Founded: 2008
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$22.799m
  • Shares outstanding: 599.96m
  • Website: https://www.ansonresources.com

Location

  • Anson Resources Limited
  • 35 Outram Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2010
9MYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2010
ASNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2010

Biography

Anson Resources Limited focuses on the exploration, acquisition, and development of mineral resources in the United States and Western Australia. The company explores for lithium, zinc, lead, silver, graph ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 10:34
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.