ASX:CSE

Stock Analysis Report

Executive Summary

Copper Strike Limited operates as a mineral exploration and development company in Australia.

Snowflake

Fundamentals

Fair value with poor track record.

Share Price & News

How has Copper Strike's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CSE

0.05%

AU Metals and Mining

2.5%

AU Market


1 Year Return

-60.0%

CSE

10.3%

AU Metals and Mining

11.1%

AU Market

Return vs Industry: CSE underperformed the Australian Metals and Mining industry which returned 10.3% over the past year.

Return vs Market: CSE underperformed the Australian Market which returned 11.1% over the past year.


Shareholder returns

CSEIndustryMarket
7 Day0%0.05%2.5%
30 Day-20.0%-5.6%0.7%
90 Day-55.6%-8.9%1.4%
1 Year-60.0%-60.0%17.9%10.3%17.5%11.1%
3 Year-87.1%-87.1%62.5%43.1%37.8%19.4%
5 Year-84.3%-84.3%56.0%20.7%51.7%17.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Copper Strike undervalued compared to its fair value and its price relative to the market?

12.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CSE is good value based on its PE Ratio (12.5x) compared to the Metals and Mining industry average (12.6x).

PE vs Market: CSE is good value based on its PE Ratio (12.5x) compared to the Australian market (18x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSE is good value based on its PB Ratio (0.5x) compared to the AU Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Copper Strike 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 Copper Strike 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 Copper Strike performed over the past 5 years?

31.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CSE has become profitable over the past 5 years, growing earnings by 31.6% per year.

Accelerating Growth: CSE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CSE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).


Return on Equity

High ROE: CSE's Return on Equity (4%) is considered low.


Return on Assets

ROA vs Industry: CSE's Return on Assets is below or equal to the Metals and Mining industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Copper Strike's financial position?


Financial Position Analysis

Short Term Liabilities: CSE's short term assets (A$2.2M) do not cover its short term liabilities (A$3.9M)

Long Term Liabilities: CSE's short term assets (2.2M) exceeds its long term liabilities (2.2M)


Debt to Equity History and Analysis

Debt Level: CSE's debt to equity ratio (45.4%) is considered high

Reducing Debt: Insufficient data to determine if CSE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CSE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CSE's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: CSE's debt is not covered by short term assets (assets are 0.6x debt).


Next Steps

Dividend

What is Copper Strike's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage4.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if CSE'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 CSE'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 Copper Strike's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average board tenure


CEO

Copper Strike has no CEO, or we have no data on them.


Board Age and Tenure

3.1yrs

Average Tenure

Experienced Board: CSE's board of directors are considered experienced (3.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellAU$11,82227 Jun 19
Fortitude Capital
EntityCompany
Shares48,606
Max PriceAU$0.26
SellAU$159,99927 Jun 19
Vantage Infrastructure Holdings Limited
EntityCompany
Shares2,000,000
Max PriceAU$0.08
BuyAU$1,76931 Oct 18
Harry Hatch
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares16,850
Max PriceAU$0.10

Ownership Breakdown


Management Team

  • Melanie Jaye Leydin (46yo)

    Company secretary

    • Tenure: 8.4yrs
    • Compensation: AU$60.00k

Board Members

  • Mark Stephen Hanlon (59yo)

    Non-Executive Chairman

    • Tenure: 2.8yrs
    • Compensation: AU$32.85k
  • Brendan Jesser

    Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: AU$32.85k
  • Harry Hatch

    Non-Executive Director

    • Tenure: 3.1yrs
    • Compensation: AU$32.85k

Company Information

Copper Strike Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Copper Strike Limited
  • Ticker: CSE
  • Exchange: ASX
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$4.274m
  • Shares outstanding: 106.84m
  • Website: https://www.copperstrike.com.au

Location

  • Copper Strike Limited
  • 100 Albert Road
  • Level 4
  • South Melbourne
  • Victoria
  • 3205
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2004
CSECHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2004

Biography

Copper Strike Limited operates as a mineral exploration and development company in Australia. The company was founded in 2004 and is headquartered in South Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 10:31
End of Day Share Price2019/10/04 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.