ASX:CSE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • Copper Strike has significant price volatility in the past 3 months.
  • Copper Strike's last earnings update was 198 days ago.
  • Copper Strike is not covered by any analysts.

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

-21.1%

ASX:CSE

-3.3%

AU Metals and Mining

-2.5%

AU Market


1 Year Return

-58.2%

ASX:CSE

13.1%

AU Metals and Mining

-0.6%

AU Market

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

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


Share holder returns

CSEIndustryMarket
7 Day-21.1%-3.3%-2.5%
30 Day-21.1%-7.2%-3.7%
90 Day-28.3%-1.6%0.5%
1 Year-58.2%-58.2%21.0%13.1%5.1%-0.6%
3 Year-80.5%-80.5%69.5%49.6%30.2%13.1%
5 Year-79.7%-79.7%38.3%8.1%36.5%5.9%

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 based on future cash flows and its price relative to the stock market?

0.6x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Copper Strike to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Copper Strike to establish if it is available at substantial discount.


Price Based on Earnings

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

Copper Strike 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 Copper Strike, we can't assess if its growth is good value.


Price Based on Value of Assets

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


Next Steps

Future Growth

How is Copper Strike 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 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?

32.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Copper Strike does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

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

Unable to compare Copper Strike'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 Copper Strike 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 Copper Strike 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 Copper Strike 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 Copper Strike's financial position?


Financial Position Analysis

Copper Strike's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Copper Strike's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Copper Strike's level of debt (33.4%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Copper Strike's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.1x debt.


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.

Copper Strike has sufficient cash runway for 1.6 years based on current free cash flow.

Copper Strike has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 78.1% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Copper Strike has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Copper Strike 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 Copper Strike's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average board tenure


CEO

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


Board Age and Tenure

2.9yrs

Average Tenure

The average tenure for the Copper Strike board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellAU$159,99927 Jun 19
Vantage Infrastructure Holdings Limited
EntityCompany
Shares2,000,000
Max PriceAU$0.08
SellAU$11,82227 Jun 19
Fortitude Capital
EntityCompany
Shares48,606
Max PriceAU$0.26
BuyAU$1,76931 Oct 18
Harry Hatch
EntityIndividual
Role
Member of the Board of Directors
Shares16,850
Max PriceAU$0.10
BuyAU$65213 Sep 18
Harry Hatch
EntityIndividual
Role
Member of the Board of Directors
Shares4,346
Max PriceAU$0.15

Ownership Breakdown


Management Team

  • Melanie Leydin (46yo)

    Company secretary

    • Tenure: 8.3yrs
    • Compensation: A$60.00k

Board Members

  • Mark Stephen Hanlon (59yo)

    Non-Executive Chairman

    • Tenure: 2.6yrs
    • Compensation: A$32.85k
  • Brendan Jesser

    Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: A$32.85k
  • Harry Hatch

    Non-Executive Director

    • Tenure: 2.9yrs
    • Compensation: A$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$7.586m
  • Shares outstanding: 106.84m
  • Website: Click here

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

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 Analysis2019/08/18 10:33
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.