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OKU

Oklo ResourcesASX:OKU Stock Report

Market Cap

AU$65.5m

7D

8.3%

1Y

-55.2%

Updated

21 Oct, 2021

Data

Company Financials
OKU fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

OKU Overview

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

Oklo Resources Competitors

Amani Gold

ASX:ANL

AU$55.2m

Pensana

LSE:PRE

UK£234.4m

Antipa Minerals

ASX:AZY

AU$156.9m

Encounter Resources

ASX:ENR

AU$71.3m

Price History & Performance

Summary of all time highs, changes and price drops for Oklo Resources
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.10
52 Week LowAU$0.29
Beta0.49
1 Month Change8.33%
3 Month Change8.33%
1 Year Change-55.17%
3 Year Change-50.00%
5 Year Change-16.13%
Change since IPO30.00%

Recent News & Updates

Shareholder Returns

OKUAU Metals and MiningAU Market
7D8.3%-0.3%0.7%
1Y-55.2%12.5%21.4%

Return vs Industry: OKU underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: OKU underperformed the Australian Market which returned 21.1% over the past year.

Price Volatility

Is OKU's price volatile compared to industry and market?
OKU volatility
OKU Beta0.49
Industry Beta0.97
Market Beta1

Stable Share Price: OKU is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: OKU's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aSimon Taylorhttps://www.okloresources.com

Oklo Resources Limited engages in the acquisition, exploration, and development of mineral properties in the Republic of Mali. It primarily explores for gold deposits. The company’s flagship project is the Dandoko project covering an area of 134 square kilometers located to the east of the prolific Senegal-Mali Shear Zone.

Oklo Resources Fundamentals Summary

How do Oklo Resources's earnings and revenue compare to its market cap?
OKU fundamental statistics
Market CapAU$65.52m
Earnings (TTM)-AU$6.73m
Revenue (TTM)AU$53.50k

1.3kx

P/S Ratio

-9.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OKU income statement (TTM)
RevenueAU$53.50k
Cost of RevenueAU$0
Gross ProfitAU$53.50k
ExpensesAU$6.78m
Earnings-AU$6.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin100.00%
Net Profit Margin-12,573.73%
Debt/Equity Ratio0.0%

How did OKU perform over the long term?

See historical performance and comparison

Valuation

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

0.94x

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 Australian 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 good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Oklo 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 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.


Past Performance

How has Oklo Resources performed over the past 5 years?

-35.5%

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 35.5% 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 (35.3%).


Return on Equity

High ROE: OKU has a negative Return on Equity (-9.67%), as it is currently unprofitable.


Financial Health

How is Oklo Resources's financial position?


Financial Position Analysis

Short Term Liabilities: OKU's short term assets (A$12.3M) exceed its short term liabilities (A$2.0M).

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 not had any debt for past 5 years.


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: 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 23% each year


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate OKU'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 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?

6.7yrs

Average management tenure


CEO

Simon Taylor (55 yo)

6.58yrs

Tenure

AU$788,091

Compensation

Mr. Simon James-Robson Taylor, BSc (Geology), MAIG, GCertAppFin (Finsia), serves as Non-Executive Director of Black Canyon Limited since September 2, 2013. Mr. Taylor serves as the Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD590.20K) is above average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: OKU's management team is seasoned and experienced (6.7 years average tenure).


Board Members

Experienced Board: OKU's board of directors are considered experienced (5.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Oklo Resources Limited
  • Ticker: OKU
  • Exchange: ASX
  • Founded: 2006
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$65.524m
  • Shares outstanding: 504.03m
  • Website: https://www.okloresources.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:19
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.