Executive Summary
Investigator Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. More Details
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
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Share Price & News
How has Investigator Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IVR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: IVR's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
-10.9%
IVR
-3.4%
AU Metals and Mining
-0.1%
AU Market
1 Year Return
485.7%
IVR
47.1%
AU Metals and Mining
12.7%
AU Market
Return vs Industry: IVR exceeded the Australian Metals and Mining industry which returned 47.1% over the past year.
Return vs Market: IVR exceeded the Australian Market which returned 12.7% over the past year.
Shareholder returns
| IVR | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.9% | -3.4% | -0.1% |
| 30 Day | -6.8% | 2.6% | -2.2% |
| 90 Day | 41.4% | 6.2% | 1.2% |
| 1 Year | 485.7%485.7% | 54.2%47.1% | 16.3%12.7% |
| 3 Year | 446.7%446.7% | 79.0%54.5% | 27.6%12.2% |
| 5 Year | 355.6%355.6% | 199.5%152.2% | 59.8%29.0% |
Long-Term Price Volatility Vs. Market
How volatile is Investigator Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall St
What Percentage Of Investigator Resources Limited (ASX:IVR) Shares Do Insiders Own?11 months ago | Simply Wall St
Introducing Investigator Resources (ASX:IVR), The Stock That Slid 66% In The Last Three Years1 year ago | Simply Wall St
Companies Like Investigator Resources (ASX:IVR) Are In A Position To Invest In GrowthValuation
Is Investigator Resources undervalued compared to its fair value and its price relative to the market?
3.61x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IVR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IVR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IVR is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: IVR 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 IVR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IVR is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.5x).
Next Steps
Future Growth
How is Investigator Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-5.0%
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 Investigator 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.
Next Steps
- Examine Investigator Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Investigator Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Investigator Resources performed over the past 5 years?
-30.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IVR is currently unprofitable.
Growing Profit Margin: IVR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IVR is unprofitable, and losses have increased over the past 5 years at a rate of 30.1% per year.
Accelerating Growth: Unable to compare IVR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IVR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (27.5%).
Return on Equity
High ROE: IVR has a negative Return on Equity (-73.03%), as it is currently unprofitable.
Next Steps
Financial Health
How is Investigator Resources's financial position?
Financial Position Analysis
Short Term Liabilities: IVR's short term assets (A$2.6M) exceed its short term liabilities (A$676.4K).
Long Term Liabilities: IVR's short term assets (A$2.6M) exceed its long term liabilities (A$22.8K).
Debt to Equity History and Analysis
Debt Level: IVR is debt free.
Reducing Debt: IVR has not had any debt for past 5 years.
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: IVR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IVR has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 11.8% each year.
Next Steps
Dividend
What is Investigator Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IVR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IVR'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 IVR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IVR'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 IVR'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?
2.3yrs
Average management tenure
CEO
Andrew Ivor McIlwain (60 yo)
2.58yrs
Tenure
AU$356,018
Compensation
Mr. Andrew Ivor Bruce McIlwain, B.Eng (Mining)-Melb, MAusIMM, MAICD, serves as Managing Director at Investigator Resources Limited since October 1, 2019. He has been Director of Investigator Resources Limi...
CEO Compensation Analysis
Compensation vs Market: Andrew Ivor's total compensation ($USD272.52K) is about average for companies of similar size in the Australian market ($USD291.57K).
Compensation vs Earnings: Andrew Ivor's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.58yrs | AU$356.02k | 0.46% A$ 488.0k | |
| Joint Company Secretary & CFO | 2.25yrs | no data | no data | |
| Joint Company Secretary | 2.25yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: IVR's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.58yrs | AU$356.02k | 0.46% A$ 488.0k | |
| Non-Executive Chairman | 1.33yrs | AU$77.42k | no data | |
| Non-Executive Director | 0.67yr | no data | no data |
1.3yrs
Average Tenure
Experienced Board: IVR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 56.6%.
Top Shareholders
Company Information
Investigator Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Investigator Resources Limited
- Ticker: IVR
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$105.916m
- Shares outstanding: 1.32b
- Website: https://investres.com.au
Location
- Investigator Resources Limited
- 18 King Street
- Norwood
- South Australia
- 5067
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IVR | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Sep 2008 |
| VOP | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 2008 |
| IVR | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Sep 2008 |
Biography
Investigator Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. The company primarily explores for silver, copper, lead, and gold deposits. It...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 07:05 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.