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JAL

Jameson ResourcesASX:JAL Stock Report

Market Cap

AU$25.8m

7D

0%

1Y

-29.2%

Updated

18 Oct, 2021

Data

Company Financials
JAL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

JAL Overview

Jameson Resources Limited engages in the exploration and development of coal projects in Western Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Jameson Resources
Historical stock prices
Current Share PriceAU$0.085
52 Week HighAU$0.077
52 Week LowAU$0.13
Beta0.60
1 Month Change6.25%
3 Month Change-26.09%
1 Year Change-29.17%
3 Year Change-51.43%
5 Year Change3.66%
Change since IPO-68.52%

Recent News & Updates

Jun 14
Will Jameson Resources (ASX:JAL) Spend Its Cash Wisely?

Will Jameson Resources (ASX:JAL) Spend Its Cash Wisely?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Feb 28
Will Jameson Resources (ASX:JAL) Spend Its Cash Wisely?

Will Jameson Resources (ASX:JAL) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

JALAU Metals and MiningAU Market
7D0%4.3%0.9%
1Y-29.2%12.2%20.2%

Return vs Industry: JAL underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: JAL underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is JAL's price volatile compared to industry and market?
JAL volatility
JAL Beta0.60
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2007n/aMichael Grayhttps://www.jamesonresources.com.au

Jameson Resources Limited engages in the exploration and development of coal projects in Western Canada. The company explores for coking and thermal coal. Its flagship project is the Crown Mountain project comprising 10 granted coal licenses covering an area of 5,630 hectares located in the Elk Valley coal field in south eastern British Columbia.

Jameson Resources Fundamentals Summary

How do Jameson Resources's earnings and revenue compare to its market cap?
JAL fundamental statistics
Market CapAU$25.78m
Earnings (TTM)-AU$841.40k
Revenue (TTM)AU$35.14k

772.7x

P/S Ratio

-30.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JAL income statement (TTM)
RevenueAU$35.14k
Cost of RevenueAU$0
Gross ProfitAU$35.14k
ExpensesAU$876.55k
Earnings-AU$841.40k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0028
Gross Margin100.00%
Net Profit Margin-2,394.23%
Debt/Equity Ratio0.08%

How did JAL perform over the long term?

See historical performance and comparison

Valuation

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

0.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate JAL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate JAL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: JAL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: JAL 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 JAL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JAL is good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Jameson 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 Jameson Resources performed over the past 5 years?

35.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JAL is currently unprofitable.

Growing Profit Margin: JAL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JAL is unprofitable, but has reduced losses over the past 5 years at a rate of 35.8% per year.

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

Earnings vs Industry: JAL 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: JAL has a negative Return on Equity (-2.46%), as it is currently unprofitable.


Financial Health

How is Jameson Resources's financial position?


Financial Position Analysis

Short Term Liabilities: JAL's short term assets (A$2.8M) exceed its short term liabilities (A$625.4K).

Long Term Liabilities: JAL's short term assets (A$2.8M) exceed its long term liabilities (A$29.1K).


Debt to Equity History and Analysis

Debt Level: JAL's debt to equity ratio (0.08%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if JAL's debt to equity ratio has reduced over the 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: JAL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: JAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.3% each year


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if JAL'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 JAL'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?

3.3yrs

Average board tenure


CEO

Michael Gray (53 yo)

0.58

Tenure

AU$99,640

Compensation

Mr. Michael John Gray, BE (Civil), MBA, GAICD, serves as Managing Director, Chief Executive Officer and Director of Jameson Resources Limited since March 1, 2021. He has been a Director of Resource Generat...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD73.96K) is below average for companies of similar size in the Australian market ($USD302.72K).

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


Board Members

Experienced Board: JAL's board of directors are considered experienced (3.3 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

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


Key Information

  • Name: Jameson Resources Limited
  • Ticker: JAL
  • Exchange: ASX
  • Founded: 2007
  • Industry: Steel
  • Sector: Materials
  • Market Cap: AU$25.783m
  • Shares outstanding: 303.33m
  • Website: https://www.jamesonresources.com.au

Location

  • Jameson Resources Limited
  • Deutsche Bank Place
  • Level 4
  • 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 Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.