ASX:OKU

Stock Analysis Report

Executive Summary

Oklo Resources Limited engages in the acquisition, exploration, and development of mineral properties in the Republic of Mali.

Risk Analysis

Earnings have declined by -23.66% per year over past 5 years

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (A$33K)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 3 more risks


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Oklo Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OKU's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.3%

OKU

0.3%

AU Metals and Mining

1.5%

AU Market


1 Year Return

-8.2%

OKU

6.2%

AU Metals and Mining

15.6%

AU Market

Return vs Industry: OKU underperformed the Australian Metals and Mining industry which returned 7.9% over the past year.

Return vs Market: OKU underperformed the Australian Market which returned 16.1% over the past year.


Shareholder returns

OKUIndustryMarket
7 Day-6.3%0.3%1.5%
30 Day32.4%-4.7%0.4%
90 Day87.5%3.8%4.1%
1 Year-8.2%-8.2%11.6%6.2%20.6%15.6%
3 Year12.5%12.5%50.2%31.6%37.1%18.7%
5 Year262.9%262.9%88.6%44.4%50.9%17.1%

Price Volatility Vs. Market

How volatile is Oklo Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: OKU is overvalued based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

1.0%

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 Oklo 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

Past Performance

How has Oklo Resources performed over the past 5 years?

-23.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OKU is currently unprofitable.

Growing Profit Margin: OKU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OKU is unprofitable, and losses have increased over the past 5 years at a rate of -23.7% per year.

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

Earnings vs Industry: OKU is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (19.1%).


Return on Equity

High ROE: OKU has a negative Return on Equity (-1.98%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Oklo Resources's financial position?


Financial Position Analysis

Short Term Liabilities: OKU's short term assets (A$6.7M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: OKU has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OKU is debt free.

Reducing Debt: OKU has no debt compared to 5 years ago when its debt to equity ratio was 10.4%.


Balance Sheet

Inventory Level: OKU has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if OKU'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: OKU has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OKU has less than a year of cash runway if free cash flow continues to reduce at historical rates of -46.7% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%5.5%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

5.0yrs

Average management tenure


CEO

Simon Taylor (53yo)

4.9yrs

Tenure

AU$377,775

Compensation

Mr. Simon James-Robson Taylor, BSc (Geology), MAIG, GCertAppFin (Finsia), serves as the Chief Executive Officer of Oklo Resources Limited and has been its Managing Director since March 5, 2015. Mr. Taylor  ...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD253.83K) is about average for companies of similar size in the Australian market ($USD254.67K).

Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Simon Taylor
MD, CEO & Director4.9yrsAU$377.78k1.32% A$1.3m
Madani Diallo
Country Manager & Executive Director3.6yrsAU$272.98k1.72% A$1.7m
Andrew Boyd
General Manager of Exploration0yrsAU$304.15k0.35% A$336.0k
Lara Iacusso
Chief Financial Officer5.1yrsno datano data
Louisa Martino
Company Secretary5.1yrsno datano data
N. Maclachlan
Executive0yrsAU$13.33kno data
P. Meagher
Executive0yrsAU$20.48kno data

5.0yrs

Average Tenure

Experienced Management: OKU's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Taylor
MD, CEO & Director4.9yrsAU$377.78k1.32% A$1.3m
Madani Diallo
Country Manager & Executive Director3.6yrsAU$272.98k1.72% A$1.7m
Mark Connelly
Independent Non-Executive Chairman0.6yrsno data0.036% A$35.3k

3.6yrs

Average Tenure

Experienced Board: OKU's board of directors are considered experienced (3.6 years average tenure).


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 13.1%.


Top Shareholders

Company Information

Oklo Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oklo Resources Limited
  • Ticker: OKU
  • Exchange: ASX
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$97.005m
  • Shares outstanding: 412.79m
  • Website: https://www.okloresources.com

Location

  • Oklo Resources Limited
  • 56 Pitt Street
  • Level 5
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OKUASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 2007
JYADB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2007
OKUCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 2007

Biography

Oklo Resources Limited engages in the acquisition, exploration, and development of mineral properties in the Republic of Mali. The company explores for gold, uranium, and phosphate deposits. Its flagship property is the Dandoko Project that covers an area of 134 square kilometers within the Kenieba Inlier of west Mali. The company also holds interests in 11 gold projects covering an area of 1,400 square kilometers located in the Republic of Mali. Oklo Resources Limited is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 10:36
End of Day Share Price2020/02/17 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.