Genesis Resources Limited engages in the exploration and evaluation of mineral properties in Australia and Macedonia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.014|
|52 Week High||AU$0.009|
|52 Week Low||AU$0.022|
|1 Month Change||7.69%|
|3 Month Change||0%|
|1 Year Change||-44.00%|
|3 Year Change||75.00%|
|5 Year Change||-53.33%|
|Change since IPO||-91.25%|
Recent News & Updates
Does Genesis Resources (ASX:GES) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is Genesis Resources (ASX:GES) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Genesis Resources (ASX:GES) Is Carrying A Fair Bit Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|GES||AU Metals and Mining||AU Market|
Return vs Industry: GES underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: GES underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: GES is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: GES's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Genesis Resources Limited engages in the exploration and evaluation of mineral properties in Australia and Macedonia. It explores for copper, iron, gold, manganese, silver, and other base metals. The company owns six exploration licenses covering an area of approximately 919.08 square kilometers in Queensland and the Northern Territory of Australia.
Genesis Resources Fundamentals Summary
|GES fundamental statistics|
Is GES overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GES income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0028|
|Net Profit Margin||-2,155.56%|
How did GES perform over the long term?See historical performance and comparison
Is Genesis 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 GES's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GES's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GES is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GES 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 GES's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GES is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.6x).
How is Genesis 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 Genesis 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 Genesis Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GES is currently unprofitable.
Growing Profit Margin: GES is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GES is unprofitable, but has reduced losses over the past 5 years at a rate of 5.8% per year.
Accelerating Growth: Unable to compare GES's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GES 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: GES has a negative Return on Equity (-20.78%), as it is currently unprofitable.
How is Genesis Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GES's short term assets (A$737.7K) do not cover its short term liabilities (A$11.5M).
Long Term Liabilities: GES's short term assets (A$737.7K) exceed its long term liabilities (A$9.3K).
Debt to Equity History and Analysis
Debt Level: GES's debt to equity ratio (82.6%) is considered high.
Reducing Debt: GES's debt to equity ratio has increased from 16.3% to 82.6% over the 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: GES has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GES has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.4% each year.
What is Genesis Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GES'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 GES's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GES'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 GES'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 board tenure
Eddie Pang (64 yo)
Mr. Lung Yiu Pang, also known as Eddie, BSc (Hons) has been Managing Director of Genesis Resources Limited since September 28, 2015. He has been Executive Chairman of Genesis Resources Limited since Novemb...
CEO Compensation Analysis
Compensation vs Market: Eddie's total compensation ($USD146.29K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Eddie's compensation has been consistent with company performance over the past year.
Experienced Board: GES's board of directors are considered experienced (5.4 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 not been meaningfully diluted in the past year.
Genesis Resources Limited's employee growth, exchange listings and data sources
- Name: Genesis Resources Limited
- Ticker: GES
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$10.960m
- Shares outstanding: 782.84m
- Website: https://www.genesisresourcesltd.com.au
- Genesis Resources Limited
- Kew Junction Tower
- Suite 101
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:30|
|End of Day Share Price||2021/10/18 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.