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OKR

Okapi ResourcesASX:OKR Stock Report

Last Price

AU$0.29

Market Cap

AU$32.7m

7D

-12.1%

1Y

38.1%

Updated

26 Jan, 2022

Data

Company Financials
OKR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

OKR Stock Overview

Okapi Resources Limited engages in the exploration and development of mineral properties in Australia and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Okapi Resources
Historical stock prices
Current Share PriceAU$0.29
52 Week HighAU$0.80
52 Week LowAU$0.17
Beta2.08
1 Month Change-20.55%
3 Month Change-49.12%
1 Year Change38.10%
3 Year Change26.09%
5 Year Changen/a
Change since IPO-13.43%

Recent News & Updates

Shareholder Returns

OKRAU Metals and MiningAU Market
7D-12.1%-5.6%-5.4%
1Y38.1%3.7%2.6%

Return vs Industry: OKR exceeded the Australian Metals and Mining industry which returned 3.7% over the past year.

Return vs Market: OKR exceeded the Australian Market which returned 2.6% over the past year.

Price Volatility

Is OKR's price volatile compared to industry and market?
OKR volatility
OKR Average Weekly Movement11.3%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
2017n/aAndrew Ferrierhttps://www.okapiresources.com

Okapi Resources Limited engages in the exploration and development of mineral properties in Australia and the United States. It focuses on uranium, gold, and base metal deposits. The company was incorporated in 2017 and is based in West Perth, Australia.

Okapi Resources Fundamentals Summary

How do Okapi Resources's earnings and revenue compare to its market cap?
OKR fundamental statistics
Market CapAU$32.66m
Earnings (TTM)-AU$732.26k
Revenue (TTM)n/a

0.0x

P/S Ratio

-44.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OKR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$732.26k
Earnings-AU$732.26k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0065
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did OKR perform over the long term?

See historical performance and comparison

Valuation

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

7.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: OKR is overvalued based on its PB Ratio (7.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

0.7%

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 Okapi 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 Okapi Resources performed over the past 5 years?

-29.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OKR is currently unprofitable.

Growing Profit Margin: OKR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OKR is unprofitable, and losses have increased over the past 5 years at a rate of 29.4% per year.

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

Earnings vs Industry: OKR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (33%).


Return on Equity

High ROE: OKR has a negative Return on Equity (-16.82%), as it is currently unprofitable.


Financial Health

How is Okapi Resources's financial position?


Financial Position Analysis

Short Term Liabilities: OKR's short term assets (A$3.3M) exceed its short term liabilities (A$125.9K).

Long Term Liabilities: OKR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OKR is debt free.

Reducing Debt: OKR 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: OKR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: OKR has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 23.7% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

0.7yrs

Average board tenure


CEO

Andrew Ferrier

0.083

Tenure

Mr. Andrew Ferrier was an Investment Director at Pacific Road Capital Management Pty Limited, where he worked across USA, Canada and Australia. He has been Managing Director of Okapi Resources Ltd. since D...


Board Members

Experienced Board: OKR's board of directors are not considered experienced ( 0.7 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: OKR 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 150.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Okapi Resources Limited
  • Ticker: OKR
  • Exchange: ASX
  • Founded: 2017
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: AU$32.663m
  • Shares outstanding: 112.63m
  • Website: https://www.okapiresources.com

Location

  • Okapi Resources Limited
  • London House
  • Level 3
  • 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 Analysis2022/01/26 07:02
End of Day Share Price2022/01/25 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.