Nelson Resources
Nelson Resources Limited engages in the exploration and development of natural resources in Australia. The last earnings update was 72 days ago. More info.
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- Nelson Resources has significant price volatility in the past 3 months.
NES Share Price and Events
7 Day Returns
1 Year Returns
NES Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Nelson Resources (NES) | -22.9% | -36.5% | -55% | -65.2% | - | - |
| AU Metals and Mining | -2.5% | 0.2% | 0% | 7% | 75.3% | 12.1% |
| AU Market | 1.2% | -0.2% | 3.2% | 4.7% | 18.3% | 8.9% |
1 Year Return vs Industry and Market
- NES underperformed the Metals and Mining industry which returned 7% over the past year.
- NES underperformed the Market in Australia which returned 4.7% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Nelson Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.054.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Nelson Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Nelson Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in AUD | A$-0.02 |
| ASX:NES Share Price ** | ASX (2019-05-24) in AUD | A$0.05 |
| Australia Metals and Mining Industry PE Ratio | Median Figure of 78 Publicly-Listed Metals and Mining Companies | 11.86x |
| Australia Market PE Ratio | Median Figure of 542 Publicly-Listed Companies | 16.28x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Nelson Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:NES Share Price ÷ EPS (both in AUD) = 0.05 ÷ -0.02 |
-2.54x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Nelson Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
- Nelson Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does
Nelson Resources's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -2.54x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Australia Metals and Mining Industry PEG Ratio | Median Figure of 39 Publicly-Listed Metals and Mining Companies | 0.74x |
| Australia Market PEG Ratio | Median Figure of 359 Publicly-Listed Companies | 1.42x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Nelson Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Nelson Resources's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in AUD | A$0.10 |
| ASX:NES Share Price * | ASX (2019-05-24) in AUD | A$0.05 |
| Australia Metals and Mining Industry PB Ratio | Median Figure of 585 Publicly-Listed Metals and Mining Companies | 1.47x |
| Australia Market PB Ratio | Median Figure of 1,680 Publicly-Listed Companies | 1.66x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:NES Share Price ÷ Book Value per Share (both in AUD) = 0.05 ÷ 0.10 |
0.52x |
* Primary Listing of Nelson Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Nelson Resources is good value based on assets compared to the AU Metals and Mining industry average.
Value checks
We assess Nelson Resources's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Nelson Resources has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
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 Nelson 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Nelson Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Nelson Resources's earnings growth to the Australia market average as no estimate data is available.
- Unable to compare Nelson Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Australia Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 2.4% |
| Australia Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 0.9% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 7% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 0 | -2 | -1 |
| 2018-09-30 | 0 | -2 | -1 |
| 2018-06-30 | -1 | -1 | |
| 2018-03-31 | 0 | -1 | -1 |
| 2017-12-31 | 0 | -1 | -1 |
| 2017-09-30 | 0 | -1 | -1 |
| 2017-06-30 | -1 | -1 | |
| 2016-06-30 | 0 | 0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Nelson Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | EPS * |
|---|---|
| 2018-12-31 | -0.02 |
| 2018-09-30 | -0.03 |
| 2018-06-30 | -0.04 |
| 2018-03-31 | -0.03 |
| 2017-12-31 | -0.06 |
| 2017-09-30 | -0.02 |
| 2017-06-30 | -0.09 |
| 2016-06-30 | 0.00 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Nelson Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Nelson Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Nelson Resources has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Nelson Resources performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Nelson Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Nelson Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Nelson Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Nelson Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 0.03 | -0.97 | 0.98 | |
| 2018-09-30 | 0.01 | -1.06 | 1.01 | |
| 2018-06-30 | -1.15 | 1.04 | ||
| 2018-03-31 | 0.00 | -1.15 | 1.38 | |
| 2017-12-31 | 0.00 | -1.16 | 1.71 | |
| 2017-09-30 | 0.00 | -0.92 | 1.51 | |
| 2017-06-30 | -0.68 | 1.31 | ||
| 2016-06-30 | -0.26 | 0.09 | ||
| 2015-06-30 | -0.19 | 0.08 | ||
| 2014-06-30 | -0.40 | 0.38 | ||
| 2013-06-30 | 0.01 | -0.49 | 0.35 | |
| 2012-12-31 | -0.01 | -6.01 | 2.65 | |
| 2012-09-30 | 0.06 | -5.65 | 2.75 | |
| 2012-06-30 | 0.12 | -5.28 | 2.86 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Nelson Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Nelson Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Nelson Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Nelson Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Nelson Resources has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Nelson Resources's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Nelson Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- Nelson Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Nelson Resources has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Nelson Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Nelson Resources Company Filings, last reported 4 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 4.70 | 0.00 | 1.73 |
| 2018-09-30 | 4.70 | 0.00 | 1.73 |
| 2018-06-30 | 5.03 | 0.00 | 3.65 |
| 2018-03-31 | 5.03 | 0.00 | 3.65 |
| 2017-12-31 | 5.31 | 0.00 | 4.27 |
| 2017-09-30 | 5.31 | 0.00 | 4.27 |
| 2017-06-30 | 0.43 | 0.00 | 0.21 |
| 2016-06-30 | -1.00 | 0.95 | 0.02 |
| 2015-06-30 | -0.74 | 0.69 | 0.07 |
| 2014-06-30 | -0.55 | 0.41 | 0.02 |
| 2013-06-30 | -0.15 | 0.00 | 0.00 |
| 2012-12-31 | 12.86 | 0.00 | 0.33 |
| 2012-09-30 | 12.86 | 0.00 | 0.33 |
| 2012-06-30 | 17.36 | 0.00 | 1.81 |
- Nelson Resources has no debt.
- Nelson Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.
- Nelson Resources has less than a year of cash runway based on current free cash flow.
- Nelson Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 67.3% each year.
Financial health checks
We assess Nelson Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Nelson Resources has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Nelson Resources's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
A$2,000 of
Nelson Resources
shares you are expected to receive
A$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Nelson Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Nelson Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Australia Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 36 Stocks | 3.9% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 414 Stocks | 4.2% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Nelson Resources has not reported any payouts.
- Unable to verify if Nelson Resources's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Nelson Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Nelson Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Nelson Resources has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | A$136,375 |
| AGE | 44 |
CEO Bio
Mr. Adam Schofield, Dip (MechEng) is the Chief Executive Officer of Nelson Resources Limited and has been its Executive Director since July 7, 2016. Mr. Schofield has 20 years experience in the resources sector in Australia and Africa. He is a mechanical engineer with significant experience in conducting feasibility studies and taking projects from feasibility stage into operations. He has extensive experience in Gold, Copper, Mineral Sands and Iron Ore.
CEO Compensation
- Adam's compensation has increased whilst company is loss making.
- Adam's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure
Average tenure and age of the Nelson Resources management team in years:
- The average tenure for the Nelson Resources management team is less than 2 years, this suggests a new team.
Management Team
Adam Schofield
CEO & Executive Director
A$136K
44
Tanan Jargalsaikhan
Chief Financial Officer
A$128K
40
Donald Thompson
Exploration Manager
0.9 yrs
Steve Brockhurst
Company Secretary & Non-Executive Director
38
1.9 yrs
Tony Worth
Technical Consultant
A$148K
47
9 yrs
Board of Directors Tenure
Average tenure and age of the Nelson Resources board of directors in years:
- The average tenure for the Nelson Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Warren Hallam
Non-Executive Chairman
54
0.3 yrs
Adam Schofield
CEO & Executive Director
A$136K
44
3.3 yrs
Steve Brockhurst
Company Secretary & Non-Executive Director
38
0.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (A$) | Value (A$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 31. May 18 | Buy | Croesus Mining Pty Ltd | Company | 13. Oct 17 | 29. May 18 | 2,016,738 | A$0.21 | A$421,506 | ||
| 10. Jan 19 | Sell | N. & J. Mitchell Holdings Pty Ltd, Asset Management Arm | Company | 06. Nov 18 | 08. Nov 18 | -25,365 | A$0.19 | A$-4,671 | ||
| 10. Jan 19 | Sell | Linda Steinepreis | Individual | 09. Aug 18 | 29. Nov 18 | -225,329 | A$0.19 | A$-37,044 | ||
| 10. Jan 19 | Buy | Linda Steinepreis | Individual | 04. Jun 18 | 13. Jun 18 | 8,591 | A$0.20 | A$1,389 | ||
Management checks
We assess Nelson Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Nelson Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Did Changing Sentiment Drive Nelson Resources's (ASX:NES) Share Price Down A Worrying 53%?
Unfortunately, shareholders of Nelson Resources Limited (ASX:NES) have suffered share price declines over the last year. … A Different Perspective Given that the market gained 6.7% in the last year, Nelson Resources shareholders might be miffed that they lost 53%. … With the stock down 46% over the last three months, the market doesn't seem to believe that the company has solved all its problems.
Simply Wall St - – Full articleWhat Kind Of Shareholder Appears On The Nelson Resources Limited's (ASX:NES) Shareholder Register?
The big shareholder groups in Nelson Resources Limited (ASX:NES) have power over the company. … With a market capitalization of AU$4.8m, Nelson Resources is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Nelson Resources
Simply Wall St - – Full articleWhat Percentage Of Nelson Resources Limited (ASX:NES) Shares Do Insiders Own?
If you want to know who really controls Nelson Resources Limited (ASX:NES), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$7.8m, Nelson Resources is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Nelson Resources
Simply Wall St - – Full articleWho Really Owns Nelson Resources Limited (ASX:NES)?
Today, I will be analyzing Nelson Resources Limited’s (ASX:NES) recent ownership structure, an important but not-so-popular subject among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Therefore, it is beneficial for us to examine NES's ownership structure in more detail.
Simply Wall St - – Full articleWhy Nelson Resources Limited's (ASX:NES) Ownership Structure Is Important
View our latest analysis for Nelson Resources ASX:NES Ownership_summary May 12th 18 Institutional Ownership NES's 24.58% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: NES's considerably high level of institutional ownership calls for further analysis into its margin of safety.
Simply Wall St - – Full articleIs Nelson Resources Limited (ASX:NES) Overpaying Its CEO?
Check out our latest analysis for Nelson Resources What has NES's performance been like? … Most recently, NES released negative earnings of -AU$1.16M , which is a further decline from prior year's loss of -AU$469.90K. … Normally I would use earnings and market cap to account for variations in performance, however, NES's negative earnings reduces the usefulness of my formula.
Simply Wall St - – Full articleNelson Resources Limited's (ASX:NES) Earnings Dropped -147.45%, Did Its Industry Show Weakness Too?
To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … ASX:NES Income Statement Mar 23rd 18 We can further assess Nelson Resources's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the last five years Nelson Resources's top-line has risen by 42.60% on average, signalling that the company is in a high-growth period with expenses racing ahead revenues, leading to annual losses.
Simply Wall St - – Full articleWhat You Must Know About Nelson Resources Limited's (ASX:NES) Major Investors
This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.What this means for you: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.
Simply Wall St - – Full articleInterested In Basic Materials? Why Nelson Resources Limited (ASX:NES) May Be The Entry Point
See our latest analysis for Nelson Resources What’s the catalyst for Nelson Resources's sector growth? … In terms of returns, Nelson Resources generated 238.71% in the past year, which is 228.36% over the metals and mining sector. … If your initial investment thesis is around the growth prospects of Nelson Resources, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average.
Simply Wall St - – Full articleHow Did Nelson Resources Limited's (ASX:NES) 238.71% ROE Fare Against The Industry?
Check out our latest analysis for Nelson Resources Breaking down Return on Equity Return on Equity (ROE) weighs Nelson Resources’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Nelson Resources’s equity capital deployed. … This means Nelson Resources returns enough to cover its own cost of equity, with a buffer of 229.07%.
Simply Wall St - – Full articleCompany Info
Description
Nelson Resources Limited engages in the exploration and development of natural resources in Australia. The company holds a portfolio of 5 gold tenements covering an area of 20km2 located in the Eastern Goldfields of Western Australia. Its tenements include the Socrates gold project, the Grindall gold project, the Wilga Well project, and the Woolshed Well project, as well as the Yarrie project that consists of three exploration licenses. The company was formerly known as Mongolian Resource Corporation Limited and changed its name to Nelson Resources Limited in November 2016. Nelson Resources Limited was incorporated in 2007 and is based in Perth, Australia.
Details
| Name: | Nelson Resources Limited |
| NES | |
| Exchange: | ASX |
| Founded: | 2007 |
| A$2,462,013 | |
| 45,592,846 | |
| Website: | http://nelsonresources.com.au |
| Address: |
Nelson Resources Limited London House, Level 11, Perth, Western Australia, 6000, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | NES | Ordinary Shares | Australian Securities Exchange | AU | AUD | 07. Dec 2017 |
Number of employees
Current staff
Industry
| Gold | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/25 10:36 |
| End of day share price update: | 2019/05/24 00:00 |
| Last earnings filing: | 2019/03/14 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/06/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
