Executive Summary
Nelson Resources Limited engages in the exploration and development of natural resources in Australia.
Snowflake Analysis
Adequate balance sheet and overvalued.
Share Price & News
How has Nelson Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NES's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.2%
NES
1.4%
AU Metals and Mining
-0.07%
AU Market
1 Year Return
-56.7%
NES
22.0%
AU Metals and Mining
19.1%
AU Market
Return vs Industry: NES underperformed the Australian Metals and Mining industry which returned 22% over the past year.
Return vs Market: NES underperformed the Australian Market which returned 19.1% over the past year.
Shareholder returns
| NES | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.2% | 1.4% | -0.07% |
| 30 Day | -23.5% | 1.5% | -0.6% |
| 90 Day | 32.7% | 0.7% | 0.4% |
| 1 Year | -56.7%-56.7% | 30.9%22.0% | 25.0%19.1% |
| 3 Year | n/a | 59.5%37.6% | 36.0%17.4% |
| 5 Year | n/a | 117.5%66.1% | 63.2%26.5% |
Price Volatility Vs. Market
How volatile is Nelson Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Can We See Significant Insider Ownership On The Nelson Resources Limited (ASX:NES) Share Register?1 month ago | Simply Wall St
We're Worried About Nelson Resources's (ASX:NES) Cash Burn Rate2 months ago | Simply Wall St
The Nelson Resources (ASX:NES) Share Price Is Down 69% So Some Shareholders Are Wishing They SoldValuation
Is Nelson Resources undervalued compared to its fair value and its price relative to the market?
0.7x
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 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 (0.7x) compared to the AU Metals and Mining industry average (1.4x).
Next Steps
Future Growth
How is Nelson Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
1.5%
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.
Next Steps
- Examine Nelson Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Nelson Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
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 (7.8%).
Return on Equity
High ROE: NES has a negative Return on Equity (-25.35%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Nelson Resources's financial position?
Financial Position Analysis
Short Term Liabilities: NES's short term assets (A$805.1K) exceed its short term liabilities (A$138.9K).
Long Term Liabilities: NES has no long term liabilities.
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
Inventory Level: NES has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NES's debt is covered by short term assets.
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 -64% each year
Next Steps
Dividend
What is Nelson Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NES's dividend yield against the top 25% of dividend payers, as the company has not reported any 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
What is the CEO of Nelson Resources's salary, the management and board of directors tenure and is there insider trading?
2.5yrs
Average management tenure
CEO
Adam Schofield (45yo)
0yrs
Tenure
AU$367,300
Compensation
Mr. Adam Schofield, Dip (MechEng) is the Chief Executive Officer of Nelson Resources Limited and has been its Executive Director since July 7, 2016. Mr. Schofield has 20 years experience in the resources s ...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD250.31K) is about average for companies of similar size in the Australian market ($USD259.85K).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
2.5yrs
Average Tenure
45yo
Average Age
Experienced Management: NES's management team is considered experienced (2.5 years average tenure).
Board Age and Tenure
0.8yrs
Average Tenure
45yo
Average Age
Experienced Board: NES's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 2,150,000 |
| Max Price | AU$0.05 |
| Entity | Company |
| Shares | 1,181,683 |
| Max Price | AU$0.046 |
| Entity | Individual |
| Shares | 167,371 |
| Max Price | AU$0.042 |
| Entity | Company |
| Shares | 600,958 |
| Max Price | AU$0.13 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 40.9%.
Management Team
Simon Coxhell (55yo)
Exploration Manager
- Tenure: 0.7yrs
Steve Brockhurst (40yo)
Company Secretary & Non-Executive Director
- Tenure: 0.8yrs
- Compensation: AU$21.90k
Tony Worth (48yo)
Technical Consultant
- Tenure: 9.6yrs
- Compensation: AU$147.60k
Tanan Jargalsaikhan (41yo)
Chief Financial Officer
- Tenure: 0yrs
- Compensation: AU$127.93k
Adam Schofield (45yo)
CEO & Executive Director
- Tenure: 0yrs
- Compensation: AU$367.30k
Board Members
Warren Hallam (55yo)
Non-Executive Chairman
- Tenure: 0.8yrs
- Compensation: AU$32.85k
Steve Brockhurst (40yo)
Company Secretary & Non-Executive Director
- Tenure: 0.8yrs
- Compensation: AU$21.90k
Adam Schofield (45yo)
CEO & Executive Director
- Tenure: 0yrs
- Compensation: AU$367.30k
Company Information
Nelson Resources Limited's company bio, 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$2.736m
- Shares outstanding: 45.59m
- Website: https://nelsonresources.com.au
Location
- Nelson Resources Limited
- London House
- Level 11
- Perth
- Western Australia
- 6000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NES | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 2017 |
| NES | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 2017 |
Biography
Nelson Resources Limited engages in the exploration and development of natural resources in Australia. The company holds a portfolio of gold tenements covering an area of 657 kilometers located in the East ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 10:43 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.