ASX:BAR

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet and overvalued.


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

Stable Share Price: BAR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.3%

BAR

2.7%

AU Metals and Mining

0.2%

AU Market


1 Year Return

20.0%

BAR

13.9%

AU Metals and Mining

-7.8%

AU Market

Return vs Industry: BAR exceeded the Australian Metals and Mining industry which returned 13.4% over the past year.

Return vs Market: BAR exceeded the Australian Market which returned -6.6% over the past year.


Shareholder returns

BARIndustryMarket
7 Day14.3%2.7%0.2%
30 Day33.3%10.9%0.4%
90 Day26.3%29.6%13.3%
1 Year20.0%20.0%19.7%13.9%-4.1%-7.8%
3 Year-61.3%-61.3%74.9%50.3%17.3%1.8%
5 Year140.0%140.0%149.9%99.6%38.1%8.2%

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 compared to its fair value and its price relative to the market?

1.1x

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 AU 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 (1.1x) compared to the AU Metals and Mining industry average (1.9x).


Next Steps

Future Growth

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

2.8%

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.


Next Steps

Past Performance

How has Barra Resources performed over the past 5 years?

-21.2%

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, and losses have increased over the past 5 years at a rate of 21.2% 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 (-8.4%).


Return on Equity

High ROE: BAR has a negative Return on Equity (-6.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is Barra Resources's financial position?


Financial Position Analysis

Short Term Liabilities: BAR's short term assets (A$1.3M) exceed its short term liabilities (A$512.0K).

Long Term Liabilities: BAR's short term assets (A$1.3M) exceed its long term liabilities (A$53.9K).


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 24.3% each year


Next Steps

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?

10.5yrs

Average board tenure


CEO

Barra Resources has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Grant Mooney
Independent Non-Executive Director & Company Secretary17.75yrsAU$97.28k0.90%
A$ 123.3k
Jonathan Young
Non-Executive Director5.58yrsAU$49.28k1.44%
A$ 197.5k
Gary Berrell
Independent Non-Executive Chairman15.42yrsAU$64.79k0.58%
A$ 79.7k
Sean Gregory
Non-Executive Director2.75yrsAU$410.66kno data

10.5yrs

Average Tenure

Experienced Board: BAR's board of directors are seasoned and experienced ( 10.5 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.7%.


Top Shareholders

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$13.720m
  • Shares outstanding: 596.52m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BARASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2000
BARCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2000

Biography

Barra Resources Limited explores for and develops mineral resources projects in Western Australia. The company explores for gold, nickel, and cobalt. It holds a 100% interest in the Burbanks gold project s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 10:43
End of Day Share Price2020/08/05 00:00
Earnings2019/12/31
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.