Locksley Resources Limited, a minerals exploration company, engages in identifying, exploring, and developing copper and gold deposits in the Lachlan Fold Belt of New South Wales, Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.18|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.29|
|1 Month Change||0%|
|3 Month Change||-12.20%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-18.18%|
Recent News & Updates
|LKY||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how LKY performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how LKY performed against the Australian Market.
Stable Share Price: LKY is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: Insufficient data to determine LKY's volatility change over the past year.
About the Company
Locksley Resources Limited, a minerals exploration company, engages in identifying, exploring, and developing copper and gold deposits in the Lachlan Fold Belt of New South Wales, Australia. It holds an option to acquire a 100% interest in the Tottenham project comprising three granted exploration licenses covering an area of approximately 470 square kilometers located in the Cobar-Girilambone district in Central New South Wales. The company was incorporated in 2018 and is based in Perth, Australia.
Locksley Resources Fundamentals Summary
|LKY fundamental statistics|
Is LKY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LKY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0095|
|Net Profit Margin||0.00%|
How did LKY perform over the long term?See historical performance and comparison
Is Locksley 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 LKY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LKY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LKY is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: LKY 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 LKY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LKY is good value based on its PB Ratio (2.4x) compared to the AU Metals and Mining industry average (2.5x).
How is Locksley 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 Locksley 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 Locksley Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: LKY is currently unprofitable.
Growing Profit Margin: LKY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if LKY's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare LKY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LKY 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: LKY has a negative Return on Equity (-12.42%), as it is currently unprofitable.
How is Locksley Resources's financial position?
Financial Position Analysis
Short Term Liabilities: LKY's short term assets (A$4.4M) exceed its short term liabilities (A$190.7K).
Long Term Liabilities: LKY's short term assets (A$4.4M) exceed its long term liabilities (A$76.8K).
Debt to Equity History and Analysis
Debt Level: LKY's debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LKY's debt to equity ratio has reduced 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: LKY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LKY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 200.1% each year
What is Locksley Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LKY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LKY'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 LKY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LKY'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 LKY'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?
Steve Woodham (53 yo)
Mr. Stephen Woodham served as Non-Executive Director of Kingwest Resources Ltd since September 2019 until November 26, 2019 and served as its Chief Executive Officer until September 2019. Mr. Woodham serve...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LKY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: LKY only recently listed within the past 12 months.
Locksley Resources Limited's employee growth, exchange listings and data sources
- Name: Locksley Resources Limited
- Ticker: LKY
- Exchange: ASX
- Founded: 2018
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$10.080m
- Shares outstanding: 56.00m
- Website: https://www.locksleyresources.com.au
- Locksley Resources Limited
- London House
- Level 11
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 15:54|
|End of Day Share Price||2021/10/15 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.