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NES

Nelson ResourcesASX:NES Stock Report

Market Cap

AU$8.4m

7D

2.4%

1Y

-41.1%

Updated

22 Oct, 2021

Data

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

NES Overview

Nelson Resources Limited engages in the exploration and development of natural resources in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Nelson Resources
Historical stock prices
Current Share PriceAU$0.043
52 Week HighAU$0.039
52 Week LowAU$0.14
Beta1.74
1 Month Change0%
3 Month Change-14.00%
1 Year Change-41.10%
3 Year Change-62.61%
5 Year Changen/a
Change since IPO-77.37%

Recent News & Updates

Shareholder Returns

NESAU Metals and MiningAU Market
7D2.4%-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

Is NES's price volatile compared to industry and market?
NES volatility
NES Beta1.74
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2007n/aChristopher Schofieldhttps://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

How do Nelson Resources's earnings and revenue compare to its market cap?
NES fundamental statistics
Market CapAU$8.35m
Earnings (TTM)-AU$3.10m
Revenue (TTM)AU$204.46k

41.0x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NES income statement (TTM)
RevenueAU$204.46k
Cost of RevenueAU$0
Gross ProfitAU$204.46k
ExpensesAU$3.30m
Earnings-AU$3.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin100.00%
Net Profit Margin-1,514.93%
Debt/Equity Ratio0%

How did NES perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/21 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.