ASX:IVR

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Investigator Resources

Executive Summary

Investigator Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

IVR

-1.8%

AU Metals and Mining

3.8%

AU Market


1 Year Return

111.1%

IVR

2.0%

AU Metals and Mining

-10.6%

AU Market

Return vs Industry: IVR exceeded the Australian Metals and Mining industry which returned 0.6% over the past year.

Return vs Market: IVR exceeded the Australian Market which returned -13.6% over the past year.


Shareholder returns

IVRIndustryMarket
7 Day0%-1.8%3.8%
30 Day46.2%11.6%9.9%
90 Day5.6%2.4%-13.0%
1 Year111.1%111.1%7.2%2.0%-6.9%-10.6%
3 Year-45.7%-45.7%60.0%39.1%12.7%-2.1%
5 Year58.3%58.3%97.2%59.4%27.9%0.4%

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

Valuation

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

0.5x

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 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 good value based on its PB Ratio (0.5x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

4.5%

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

Past Performance

How has Investigator Resources performed over the past 5 years?

-10.5%

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 -10.5% 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 (-7.9%).


Return on Equity

High ROE: IVR has a negative Return on Equity (-3.65%), 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$4.2M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: IVR's short term assets (A$4.2M) exceed its long term liabilities (A$30.3K).


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 more than 3 years if free cash flow continues to grow at historical rates of 21.7% 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?

1.4yrs

Average management tenure


CEO

Andrew Ivor McIlwain (59yo)

1.75yrs

Tenure

AU$176,009

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 ($USD115.21K) is below average for companies of similar size in the Australian market ($USD250.79K).

Compensation vs Earnings: Andrew Ivor's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Ivor McIlwain
MD & Director1.75yrsAU$176.01k0.13% A$20.9k
Melanie Jaye Leydin
Joint Company Secretary & CFO1.42yrsno datano data
Anita Addorisio
Joint Company Secretary1.42yrsno datano data

1.4yrs

Average Tenure

Experienced Management: IVR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Andrew Ivor McIlwain
MD & Director1.75yrsAU$176.01k0.13% A$20.9k
David Ransom
Non-Executive Director3.33yrsAU$65.00k0.13% A$21.4k
Kevin Wilson
Non-Executive Chairman0.50yrAU$60.00kno data

1.9yrs

Average Tenure

Experienced Board: IVR's board of directors are not considered experienced ( 1.9 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 diluted in the past year, with total shares outstanding growing by 14.3%.


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$16.067m
  • Shares outstanding: 845.66m
  • Website: https://www.investres.com.au

Location

  • Investigator Resources Limited
  • 18 King Street
  • Norwood
  • South Australia
  • 5067
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IVRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2008
VOPDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2008
IVRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 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, cobalt, lead, and gold deposits. Its principal asset is the Paris Silver project located to the northwest of the town of Kimba. The company was formerly known as Southern Uranium Limited and changed its name to Investigator Resources Limited in November 2010. Investigator Resources Limited was founded in 2005 and is based in Norwood, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 15:15
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.