| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
NES Overview
Nelson Resources Limited engages in the exploration and development of natural resources in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.043 |
| 52 Week High | AU$0.039 |
| 52 Week Low | AU$0.14 |
| Beta | 1.74 |
| 1 Month Change | 0% |
| 3 Month Change | -14.00% |
| 1 Year Change | -41.10% |
| 3 Year Change | -62.61% |
| 5 Year Change | n/a |
| Change since IPO | -77.37% |
Recent News & Updates
Shareholder Returns
| NES | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 2.4% | -0.3% | 0.7% |
| 1Y | -41.1% | 12.5% | 21.4% |
Return vs Industry: NES underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.
Return vs Market: NES underperformed the Australian Market which returned 21.4% over the past year.
Price Volatility
| NES volatility | |
|---|---|
| NES Beta | 1.74 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: NES is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: NES's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | n/a | Christopher Schofield | https://nelsonresources.com.au |
Nelson Resources Limited engages in the exploration and development of natural resources in Australia. It primarily explores for gold and nickel. The company’s flagship project is the 875 square kilometers Woodline Project located at the boundary between the Proterozoic Albany-Fraser Orogen and the Archean Yilgarn-Craton.
Nelson Resources Fundamentals Summary
| NES fundamental statistics | |
|---|---|
| Market Cap | AU$8.35m |
| Earnings (TTM) | -AU$3.10m |
| Revenue (TTM) | AU$204.46k |
41.0x
P/S Ratio-2.7x
P/E RatioIs NES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NES income statement (TTM) | |
|---|---|
| Revenue | AU$204.46k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$204.46k |
| Expenses | AU$3.30m |
| Earnings | -AU$3.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.016 |
| Gross Margin | 100.00% |
| Net Profit Margin | -1,514.93% |
| Debt/Equity Ratio | 0% |
How did NES perform over the long term?
See historical performance and comparisonValuation
Is Nelson Resources undervalued compared to its fair value and its price relative to the market?
1.56x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NES's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NES's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NES is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: NES 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 NES's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NES is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Nelson Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.07%
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 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 SimplyWall St do have past financial data.
Past Performance
How has Nelson Resources performed over the past 5 years?
-23.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NES is currently unprofitable.
Growing Profit Margin: NES is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NES is unprofitable, and losses have increased over the past 5 years at a rate of 23.8% per year.
Accelerating Growth: Unable to compare NES's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NES 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: NES has a negative Return on Equity (-57.65%), as it is currently unprofitable.
Financial Health
How is Nelson Resources's financial position?
Financial Position Analysis
Short Term Liabilities: NES's short term assets (A$751.9K) do not cover its short term liabilities (A$824.7K).
Long Term Liabilities: NES's short term assets (A$751.9K) exceed its long term liabilities (A$259.0K).
Debt to Equity History and Analysis
Debt Level: NES is debt free.
Reducing Debt: NES currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: NES has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NES has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.1% each year
Dividend
What is Nelson Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NES'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 NES's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NES'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 NES'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?
4.3yrs
Average management tenure
CEO
Christopher Schofield (47 yo)
no data
Tenure
AU$574,250
Compensation
Mr. Christopher Adam-Siddons Schofield, Dip (MechEng) serves as Non-Executive Director of Kingfisher Mining Limited since October 29, 2018. He is the Chief Executive Officer of Nelson Resources Limited and...
CEO Compensation Analysis
Compensation vs Market: Christopher's total compensation ($USD430.05K) is above average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Christopher's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: NES's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: NES's board of directors are not considered experienced ( 2.7 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: NES 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 69.2%.
Top Shareholders
Company Information
Nelson Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Nelson Resources Limited
- Ticker: NES
- Exchange: ASX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: AU$8.355m
- Shares outstanding: 194.29m
- Website: https://nelsonresources.com.au
Location
- Nelson Resources Limited
- London House
- Level 11
- Perth
- Western Australia
- 6000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 07:05 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.