ASX:BAR

Stock Analysis Report

Executive Summary

Barra Resources Limited explores for and develops mineral projects in Western Australia.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • Barra Resources has significant price volatility in the past 3 months.
  • Barra Resources is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-4.3%

ASX:BAR

-3.3%

AU Metals and Mining

-2.5%

AU Market


1 Year Return

-38.9%

ASX:BAR

13.1%

AU Metals and Mining

-0.6%

AU Market

BAR underperformed the Metals and Mining industry which returned 13.1% over the past year.

BAR underperformed the Market in Australia which returned -0.6% over the past year.


Share holder returns

BARIndustryMarket
7 Day-4.3%-3.3%-2.5%
30 Day0%-7.2%-3.7%
90 Day-18.5%-1.6%0.5%
1 Year-38.9%-38.9%21.0%13.1%5.1%-0.6%
3 Year-56.0%-56.0%69.5%49.6%30.2%13.1%
5 Year69.2%69.2%38.3%8.1%36.5%5.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Barra Resources undervalued based on future cash flows and its price relative to the stock market?

0.93x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Barra Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Barra Resources to establish if it is available at substantial discount.


Price Based on Earnings

Barra Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.

Barra Resources is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Barra Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Barra Resources is good value based on assets compared to the AU Metals and Mining industry average.


Next Steps

Future Growth

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

3.8%

Forecasted Metals and Mining 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 Barra 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 Barra Resources performed over the past 5 years?

-16.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Barra Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Barra Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Barra Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Barra Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Barra Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Barra Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Barra Resources's financial position?


Financial Position Analysis

Barra Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Barra Resources has no long term commitments.


Debt to Equity History and Analysis

Barra Resources has no debt.

Barra Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

High level of physical assets or inventory.

Barra Resources has no debt, it does not need to be 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.

Barra Resources has less than a year of cash runway based on current free cash flow.

Barra Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 61.5% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Barra Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Barra Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Barra Resources has not reported any payouts.

Unable to verify if Barra Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Barra Resources has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

9.5yrs

Average board tenure


CEO

Sean Gregory

1.8yrs

Tenure

AU$403,928

Compensation

Mr. Sean Gregory has been Chief Executive Officer, Managing Director and Director at Barra Resources Ltd. since November 16, 2017. Mr. Gregory is a senior resource industry leader with 18 years’ experience ...


CEO Compensation Analysis

Sean's remuneration is about average for companies of similar size in Australia.

Insufficient data for Sean to compare compensation growth.


Board Age and Tenure

9.5yrs

Average Tenure

The tenure for the Barra Resources board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Grant Mooney (52yo)

    Company Secretary & Non-Executive Director

    • Tenure: 16.8yrs
    • Compensation: A$160.38k
  • Sean Gregory

    MD, CEO & Director

    • Tenure: 1.8yrs
    • Compensation: A$403.93k

Board Members

  • Jon Young

    Non-Executive Director

    • Tenure: 4.6yrs
    • Compensation: A$112.38k
  • Grant Mooney (52yo)

    Company Secretary & Non-Executive Director

    • Tenure: 16.8yrs
    • Compensation: A$160.38k
  • Gary Berrell (63yo)

    Chairman

    • Tenure: 14.4yrs
    • Compensation: A$167.13k
  • Sean Gregory

    MD, CEO & Director

    • Tenure: 1.8yrs
    • Compensation: A$403.93k

Company Information

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


Key Information

  • Name: Barra Resources Limited
  • Ticker: BAR
  • Exchange: ASX
  • Founded: 2000
  • Industry: diversified metals and mining
  • Sector: materials
  • Market Cap: AU$11.856m
  • Shares outstanding: 538.89m
  • Website: Click here

Number of Employees


Location

  • Barra Resources Limited
  • 6 Thelma Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BARASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2000
BRCS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2000
BARCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2000

Biography

Barra Resources Limited explores for and develops mineral projects in Western Australia. It explores for gold, nickel, cobalt, and manganese. The company’s primary project is the Mt Thirsty cobalt-nickel p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 10:35
End of Day Share Price2019/08/16 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.