Errawarra Resources (ASX:ERW) - Stock Price, News & Analysis

ERW Stock Overview

Errawarra Resources Ltd engages in the mineral exploration and project development in Australia.

ERW fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 25.9% per year over past 5 years

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$4M)

+ 1 more risk

Errawarra Resources Ltd Competitors

Forrestania Resources

ASX:FRS

AU$2.6m

Variscan Mines

ASX:VAR

AU$3.0m

Albion Resources

ASX:ALB

AU$3.8m

Narryer Metals

ASX:NYM

AU$3.9m

Price History & Performance

Summary of all time highs, changes and price drops for Errawarra Resources
Historical stock prices
Current Share Price	AU$0.038
52 Week High	AU$0.28
52 Week Low	AU$0.037
Beta	0.57
1 Month Change	-2.56%
3 Month Change	-37.70%
1 Year Change	-69.60%
3 Year Change	-80.00%
5 Year Change	n/a
Change since IPO	-82.73%

Recent updates

Shareholder Returns

	ERW	AU Metals and Mining	AU Market
7D	-2.6%	0.1%	0.9%
1Y	-69.6%	-1.3%	5.7%

Price Volatility

Is ERW's price volatile compared to industry and market?
ERW volatility
ERW Average Weekly Movement	13.8%
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Volatility Over Time: ERW's weekly volatility has decreased from 25% to 14% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2012	n/a	n/a	www.errawarra.com

Errawarra Resources Ltd engages in the mineral exploration and project development in Australia. It explores for gold, nickel, scandium, cobalt, and copper deposits. The company was incorporated in 2012 and is based in West Perth, Australia.

Errawarra Resources Ltd Fundamentals Summary

How do Errawarra Resources's earnings and revenue compare to its market cap?
ERW fundamental statistics
Market cap	AU$3.64m
Earnings (TTM)	-AU$2.11m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.7x

P/E Ratio

Is ERW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERW income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$2.11m
Earnings	-AU$2.11m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.022
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ERW perform over the long term?

See historical performance and comparison

ERW Stock Overview

Rewards

Risk Analysis

Errawarra Resources Ltd Competitors

ASX:FRS

AU$2.6m

ASX:VAR

AU$3.0m

ASX:ALB

AU$3.8m

ASX:NYM

AU$3.9m

Price History & Performance

Recent News & Updates

Less than half of directors are independent

High number of new directors

New major risk - Shareholder dilution

Errawarra Resources Ltd Announces Board Changes

New minor risk - Shareholder dilution

Errawarra Resources Ltd, Annual General Meeting, Oct 24, 2023

Recent updates

Less than half of directors are independent

High number of new directors

New major risk - Shareholder dilution

Errawarra Resources Ltd Announces Board Changes

New minor risk - Shareholder dilution

Errawarra Resources Ltd, Annual General Meeting, Oct 24, 2023

New major risk - Financial position

New minor risk - Financial data availability

New major risk - Share price stability

Errawarra Resources Ltd Announces Andover West Nickel Drilling Set to Commence

Errawarra Resources Ltd Provides Update to on Its Andover West Activities

Errawarra Resources Ltd Announces Board Changes

Errawarra Resources Ltd Provides Update on Andover West Activities

Errawarra Resources Ltd Provides Update on Its Exploration Activities At the Company's Andover West Nickel Project in Western Australia

No independent directors

Errawarra Resources Ltd Provides Andover West Nickel and Errabiddy Project Updates

Errawarra Resources Ltd, Annual General Meeting, Nov 29, 2022

Errawarra Resources Announces Nickel Exploration Commences At Andover West

Errawarra Resources Limited Announces Grant of Andover West Tenement

Errawarra Resources Limited Announces Grant of Andover West Tenement

Errawarra Res to Be Deleted from Other OTC

Errawarra Resources Ltd Announces Director Changes

Errawarra Resources Ltd (ASX:ERW) completed the acquisition of 80% interest in AndoverWest Project from Thomas Reddicliffe, director of Errawarra Resources Ltd.

No independent directors

Errawarra Resources Ltd (ASX:ERW) entered into a binding agreement to acquire an 80% interest in AndoverWest Project from Thomas Reddicliffe, director of Errawarra Resources Ltd for AUD 6.5 million.

Independent Non-Executive Director Markus Bachmann has left the company

Errawarra Resources Ltd Provides an Exploration Update on Its Binti Binti Gold Project Located 75 Kilometres North-Northeast of Kalgoorlie, Western Australia

Errawarra Resources Ltd. Announces Fraser Range Nickel Project Update

Errawarra Resources Ltd Commences an Airborne Geophysical Survey At Its Errabiddy Project Located 200Kms North-West of Meekatharra in Western Australia

Executive Director has left the company

Errawarra Resources Ltd (ASX:ERW) completed the acquisition of 70% stake in Fraser Range from Kingmaker Metals Pty Limited and Kingmaker Exploration No.1 Pty Ltd.

Errawarra Resources Ltd. Provides Binti Binti / Gindalbie Gold Project Update

Errawarra Resources Ltd. Provides an Update on Exploration Activities At Its Fraser Range Project

Errawarra Resources Ltd (ASX:ERW) completed the acquisition of a 80% stake in E27/577 from Peter Romeo Gianni.

Errawarra Resources Ltd (ASX:ERW) acquired a 80% stake in E27/577 from Peter Romeo Gianni for AUD 0.05 million.

Shareholder Returns

Price Volatility

About the Company

Errawarra Resources Ltd Fundamentals Summary

0.0x

-1.7x

Earnings & Revenue