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HRR

Heron ResourcesASX:HRR Stock Report

Market Cap

AU$19.3m

7D

0%

1Y

-8.2%

Updated

11 Oct, 2021

Data

Company Financials
HRR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

HRR Overview

Heron Resources Limited engages in the exploration and development of mineral deposits in Australia.

Heron Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Heron Resources
Historical stock prices
Current Share PriceAU$0.045
52 Week HighAU$0.042
52 Week LowAU$0.077
Beta2.17
1 Month Change0%
3 Month Change0%
1 Year Change-8.16%
3 Year Change-93.08%
5 Year Change-96.54%
Change since IPO-98.70%

Recent News & Updates

Shareholder Returns

HRRAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Y-8.2%12.5%21.4%

Return vs Industry: HRR underperformed the Australian Metals and Mining industry which returned 7.2% over the past year.

Return vs Market: HRR underperformed the Australian Market which returned 20.5% over the past year.

Price Volatility

Is HRR's price volatile compared to industry and market?
HRR volatility
HRR Beta2.17
Industry Beta0.97
Market Beta1

Stable Share Price: Insufficient data to determine HRR's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine HRR's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aTim Dobsonhttps://www.heronresources.com.au

Heron Resources Limited engages in the exploration and development of mineral deposits in Australia. The company explores for zinc, copper, lead, nickel, cobalt, and gold deposits. It primarily focuses on the 100% owned Woodlawn zinc-copper project located to the southwest of Sydney, New South Wales.

Heron Resources Fundamentals Summary

How do Heron Resources's earnings and revenue compare to its market cap?
HRR fundamental statistics
Market CapAU$19.29m
Earnings (TTM)-AU$128.48m
Revenue (TTM)n/a

0x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HRR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$3.92m
Gross Profit-AU$3.92m
ExpensesAU$124.56m
Earnings-AU$128.48m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.30
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-14,231.6%

How did HRR perform over the long term?

See historical performance and comparison

Valuation

Is Heron Resources undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Heron Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Heron Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Heron Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

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 Heron 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.


Past Performance

How has Heron Resources performed over the past 5 years?

-72.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HRR is currently unprofitable.

Growing Profit Margin: HRR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HRR is unprofitable, and losses have increased over the past 5 years at a rate of 72.3% per year.

Accelerating Growth: Unable to compare HRR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HRR 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: HRR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Heron Resources's financial position?


Financial Position Analysis

Short Term Liabilities: HRR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: HRR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: HRR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: HRR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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 HRR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if HRR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Heron Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HRR'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 HRR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HRR'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 HRR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average board tenure


CEO

Tim Dobson

1.58yrs

Tenure

AU$469,303

Compensation

Mr. Timothy Dobson, also known as Tim, BAppSc, MAusIMM, GAICD, serves as Chief Executive Officer at Heron Resources Limited since March 23, 2020. He had been Senior Vice President of Metals at Sherritt Int...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD343.18K) is about average for companies of similar size in the Australian market ($USD293.16K).

Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.


Board Members

Experienced Board: HRR's board of directors are considered experienced (5.1 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Heron Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Heron Resources Limited
  • Ticker: HRR
  • Exchange: ASX
  • Founded: 1995
  • Industry: Copper
  • Sector: Materials
  • Market Cap: AU$19.290m
  • Shares outstanding: 428.66m
  • Website: https://www.heronresources.com.au

Number of Employees


Location

  • Heron Resources Limited
  • 309 Kent Street
  • Suite 2, Level 8
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/11 07:05
End of Day Share Price2021/07/14 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.