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BAR

Barra ResourcesASX:BAR Stock Report

Market Cap

AU$20.6m

7D

-10.3%

1Y

-13.3%

Updated

25 Oct, 2021

Data

Company Financials
BAR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

BAR Overview

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

Barra Resources Competitors

Musgrave Minerals

ASX:MGV

AU$201.3m

Antipa Minerals

ASX:AZY

AU$157.0m

Duketon Mining

ASX:DKM

AU$49.7m

Great Western Exploration

ASX:GTE

AU$25.9m

Price History & Performance

Summary of all time highs, changes and price drops for Barra Resources
Historical stock prices
Current Share PriceAU$0.026
52 Week HighAU$0.018
52 Week LowAU$0.043
Beta1.12
1 Month Change-3.70%
3 Month Change30.00%
1 Year Change-13.33%
3 Year Change-35.00%
5 Year Change-42.22%
Change since IPO-89.17%

Recent News & Updates

Shareholder Returns

BARAU Metals and MiningAU Market
7D-10.3%-0.4%0.8%
1Y-13.3%15.6%24.4%

Return vs Industry: BAR underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: BAR underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is BAR's price volatile compared to industry and market?
BAR volatility
BAR Beta1.12
Industry Beta0.97
Market Beta1

Stable Share Price: BAR is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: BAR's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
20006Chris Hansenhttps://www.barraresources.com.au

Barra Resources Limited explores for and develops mineral resources projects in Western Australia. The company explores for gold, nickel, cobalt, and manganese deposits. It holds a 100% interest in the Burbanks gold project located at the southeast of Coolgardie; and the Phillips Find gold project located in north-northwest of Coolgardie.

Barra Resources Fundamentals Summary

How do Barra Resources's earnings and revenue compare to its market cap?
BAR fundamental statistics
Market CapAU$20.57m
Earnings (TTM)-AU$848.13k
Revenue (TTM)n/a

0x

P/S Ratio

-24.3x

P/E Ratio

Valuation

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

1.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BAR is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 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.


Past Performance

How has Barra Resources performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BAR is currently unprofitable.

Growing Profit Margin: BAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BAR is unprofitable, but has reduced losses over the past 5 years at a rate of 6% per year.

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

Earnings vs Industry: BAR 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: BAR has a negative Return on Equity (-6.27%), as it is currently unprofitable.


Financial Health

How is Barra Resources's financial position?


Financial Position Analysis

Short Term Liabilities: BAR's short term assets (A$866.3K) exceed its short term liabilities (A$95.6K).

Long Term Liabilities: BAR's short term assets (A$866.3K) exceed its long term liabilities (A$182.5K).


Debt to Equity History and Analysis

Debt Level: BAR is debt free.

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

Forecast Cash Runway: BAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.5% each year


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BAR'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 BAR'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?

0.4yrs

Average management tenure


CEO

Chris Hansen

0.42

Tenure

AU$384,412

Compensation

Mr. Christopher Hansen, also known as Chris, BSc Geology; MSc Mineral Economics, serves as the Chief Executive Officer, Managing Director & Director at Barra Resources Limited since May 17, 2021. He served...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD288.16K) is about average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.


Leadership Team

Experienced Management: BAR's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: BAR's board of directors are not considered experienced ( 0.3 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: Insufficient data to determine if 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 17.3%.


Top Shareholders

Company Information

Barra Resources Limited's 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$20.570m
  • Shares outstanding: 791.14m
  • Website: https://www.barraresources.com.au

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:43
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.