Emmerson Resources Limited engages in the exploration and evaluation of mineral properties.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.07|
|52 Week High||AU$0.058|
|52 Week Low||AU$0.10|
|1 Month Change||9.38%|
|3 Month Change||6.06%|
|1 Year Change||-17.65%|
|3 Year Change||-1.41%|
|5 Year Change||-44.00%|
|Change since IPO||-69.57%|
Recent News & Updates
Companies Like Emmerson Resources (ASX:ERM) Are In A Position To Invest In Growth
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
|ERM||AU Metals and Mining||AU Market|
Return vs Industry: ERM underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: ERM underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: ERM is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ERM's weekly volatility (6%) has been stable over the past year.
About the Company
Emmerson Resources Limited engages in the exploration and evaluation of mineral properties. The company primarily explores for gold, copper, and cobalt deposits. It holds interest in the Tennant Creek Mineral Field covering an area of 1,700 square kilometers located in the Northern Territory, Australia.
Emmerson Resources Fundamentals Summary
|ERM fundamental statistics|
Is ERM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ERM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0032|
|Net Profit Margin||-827.72%|
How did ERM perform over the long term?See historical performance and comparison
Is Emmerson 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 ERM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ERM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ERM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ERM 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 ERM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ERM is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.6x).
How is Emmerson 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 Emmerson 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 Emmerson Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ERM is currently unprofitable.
Growing Profit Margin: ERM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ERM is unprofitable, but has reduced losses over the past 5 years at a rate of 25.7% per year.
Accelerating Growth: Unable to compare ERM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ERM 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: ERM has a negative Return on Equity (-7.14%), as it is currently unprofitable.
How is Emmerson Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ERM's short term assets (A$6.2M) exceed its short term liabilities (A$915.9K).
Long Term Liabilities: ERM's short term assets (A$6.2M) exceed its long term liabilities (A$127.7K).
Debt to Equity History and Analysis
Debt Level: ERM is debt free.
Reducing Debt: ERM has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ERM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ERM has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 13.7% each year.
What is Emmerson Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ERM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ERM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ERM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ERM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ERM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Robert Trevor Bills, also known as Rob, B.Sc, M.Sc., has been Chief Executive Officer and Managing Director of Emmerson Resources Limited since September 10, 2007. Mr. Bills joined Emmerson Resources i...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD342.43K) is about average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Management: ERM's management team is considered experienced (2.4 years average tenure).
Experienced Board: ERM's board of directors are seasoned and experienced ( 14.1 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Emmerson Resources Limited's employee growth, exchange listings and data sources
- Name: Emmerson Resources Limited
- Ticker: ERM
- Exchange: ASX
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Market Cap: AU$34.877m
- Shares outstanding: 498.24m
- Website: https://www.emmersonresources.com.au
- Emmerson Resources Limited
- 3 Kimberley Street
- West Leederville
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:28|
|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.