Empire Resources Limited engages in the exploration and development of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.012|
|52 Week High||AU$0.01|
|52 Week Low||AU$0.018|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-20.00%|
|3 Year Change||20.00%|
|5 Year Change||-67.57%|
|Change since IPO||-94.42%|
Recent News & Updates
|ERL||AU Metals and Mining||AU Market|
Return vs Industry: ERL underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: ERL underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: ERL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: ERL's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Empire Resources Limited engages in the exploration and development of mineral properties in Australia. It primarily explores for gold, copper, zinc, lead, and silver deposits. The company holds 100% interests in the Yuinmery copper-gold project that includes six granted tenements, two mining, and four explorations covering an area of 106.7 square kilometers situated in the Mid-West region of Western Australia; the Penny’s gold project located to the east of Kalgoorlie, Western Australia; the Barloweerie project comprising one granted exploration license and three exploration tenements covering an area of 506.2 square kilometers situated in Murchison District of Western Australia; and the Nanadie project covering an area of 127.3 square kilometers located to the east of Meekatharra, Western Australia.
Empire Resources Fundamentals Summary
|ERL fundamental statistics|
Is ERL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ERL income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0012|
|Net Profit Margin||-410.67%|
How did ERL perform over the long term?See historical performance and comparison
Is Empire Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ERL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ERL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ERL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ERL 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 ERL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ERL is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.6x).
How is Empire Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Empire 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.
How has Empire Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ERL is currently unprofitable.
Growing Profit Margin: ERL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ERL is unprofitable, but has reduced losses over the past 5 years at a rate of 48.8% per year.
Accelerating Growth: Unable to compare ERL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ERL 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: ERL has a negative Return on Equity (-35.35%), as it is currently unprofitable.
How is Empire Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ERL's short term assets (A$5.1M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: ERL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ERL's debt to equity ratio (52.7%) is considered high.
Reducing Debt: ERL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if ERL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ERL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Empire Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ERL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ERL'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 ERL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ERL'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 ERL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Sean David Richardson, MBA, MSc (Curtin), serves as Director of Empire Resources Limited and has been its Managing Director since July 4, 2019. Mr. Richardson had been Chief Operating Officer at Bardoc...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD193.57K) is below average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Sean's compensation has increased whilst the company is unprofitable.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ERL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Empire Resources Limited's employee growth, exchange listings and data sources
- Name: Empire Resources Limited
- Ticker: ERL
- Exchange: ASX
- Founded: 2000
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$10.905m
- Shares outstanding: 908.75m
- Website: https://www.resourcesempire.com.au
- Empire Resources Limited
- 159 Stirling Highway
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:27|
|End of Day Share Price||2021/10/20 00:00|
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.