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OAR

OAR ResourcesASX:OAR Stock Report

Market Cap

AU$24.1m

7D

0%

1Y

-43.5%

Updated

25 Oct, 2021

Data

Company Financials
OAR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

OAR Overview

OAR Resources Limited explores for and develops mineral deposits in Australia, Peru, and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for OAR Resources
Historical stock prices
Current Share PriceAU$0.013
52 Week HighAU$0.01
52 Week LowAU$0.031
Beta1.14
1 Month Change8.33%
3 Month Change-10.35%
1 Year Change-43.48%
3 Year Changen/a
5 Year Changen/a
Change since IPO-23.53%

Recent News & Updates

Shareholder Returns

OARAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Y-43.5%15.6%24.4%

Return vs Industry: OAR underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: OAR underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is OAR's price volatile compared to industry and market?
OAR volatility
OAR Beta1.14
Industry Beta0.97
Market Beta1

Stable Share Price: OAR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: OAR's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985n/an/ahttps://www.oarresources.com.au

OAR Resources Limited explores for and develops mineral deposits in Australia, Peru, and the United States. The company primarily explores for gold, graphite, nickel, copper, iron, platinum-group elements, and base metals deposits. Its lead asset is the 100% owned Crown project that covers an area of 93 square kilometers located within the Yilgarn Craton, Western Australia.

OAR Resources Fundamentals Summary

How do OAR Resources's earnings and revenue compare to its market cap?
OAR fundamental statistics
Market CapAU$24.11m
Earnings (TTM)-AU$1.94m
Revenue (TTM)AU$13.34k

0x

P/S Ratio

-12.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OAR income statement (TTM)
RevenueAU$13.34k
Cost of RevenueAU$346.15k
Gross Profit-AU$332.81k
ExpensesAU$1.61m
Earnings-AU$1.94m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.001
Gross Margin-2,494.82%
Net Profit Margin-14,529.78%
Debt/Equity Ratio0%

How did OAR perform over the long term?

See historical performance and comparison

Valuation

Is OAR Resources undervalued compared to its fair value and its price relative to the market?

4.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate OAR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate OAR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: OAR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: OAR 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 OAR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OAR is overvalued based on its PB Ratio (4.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is OAR Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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 OAR 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 OAR Resources performed over the past 5 years?

-24.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: OAR is currently unprofitable.

Growing Profit Margin: OAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if OAR's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare OAR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OAR 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: OAR has a negative Return on Equity (-34.08%), as it is currently unprofitable.


Financial Health

How is OAR Resources's financial position?


Financial Position Analysis

Short Term Liabilities: OAR's short term assets (A$2.7M) exceed its short term liabilities (A$1.0M).

Long Term Liabilities: OAR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OAR is debt free.

Reducing Debt: OAR had no debt 5 years ago.


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: OAR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.4% each year


Dividend

What is OAR Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OAR'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 OAR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OAR'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 OAR'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?

1.8yrs

Average management tenure


CEO

OAR Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: OAR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: OAR's board of directors are not considered experienced ( 2.4 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: Insufficient data to determine if 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 diluted in the past year, with total shares outstanding growing by 14.5%.


Top Shareholders

Company Information

OAR Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: OAR Resources Limited
  • Ticker: OAR
  • Exchange: ASX
  • Founded: 1985
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$24.109m
  • Shares outstanding: 1.85b
  • Website: https://www.oarresources.com.au

Location

  • OAR Resources Limited
  • 32 Harrogate Street
  • Unit 3
  • West Leederville
  • Western Australia
  • 6007
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:59
End of Day Share Price2021/10/25 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.