OreCorp Limited operates as a mineral exploration company. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has OreCorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: ORR's weekly volatility (10%) has been stable over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: ORR exceeded the Australian Metals and Mining industry which returned 39% over the past year.
Return vs Market: ORR exceeded the Australian Market which returned 28.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is OreCorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is OreCorp undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ORR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ORR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ORR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ORR 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 ORR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORR is overvalued based on its PB Ratio (9.5x) compared to the AU Metals and Mining industry average (2.6x).
How is OreCorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ORR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ORR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if ORR's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if ORR's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORR is forecast to be unprofitable in 3 years.
How has OreCorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORR is currently unprofitable.
Growing Profit Margin: ORR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ORR is unprofitable, but has reduced losses over the past 5 years at a rate of 5.1% per year.
Accelerating Growth: Unable to compare ORR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ORR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.6%).
Return on Equity
High ROE: ORR has a negative Return on Equity (-23.71%), as it is currently unprofitable.
How is OreCorp's financial position?
Financial Position Analysis
Short Term Liabilities: ORR's short term assets (A$20.6M) exceed its short term liabilities (A$11.5M).
Long Term Liabilities: ORR's short term assets (A$20.6M) exceed its long term liabilities (A$8.4K).
Debt to Equity History and Analysis
Debt Level: ORR is debt free.
Reducing Debt: ORR has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ORR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ORR has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 10.3% each year.
What is OreCorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ORR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ORR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ORR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ORR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ORR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Matthew Giles Yates, B.Sc. (Hons.), MAIG, has been the Chief Executive Officer and Managing Director of OreCorp Limited since February 27, 2013. Mr. Yates served the Chief Executive Officer, Managing D...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD327.20K) is below average for companies of similar size in the Australian market ($USD487.62K).
Compensation vs Earnings: Matthew's compensation has been consistent with company performance over the past year.
Experienced Board: ORR's board of directors are considered experienced (8.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
OreCorp Limited's company bio, employee growth, exchange listings and data sources
- Name: OreCorp Limited
- Ticker: ORR
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$302.785m
- Shares outstanding: 320.41m
- Website: https://www.orecorp.com.au
Number of Employees
- OreCorp Limited
- 513 Hay Street
- Suite 22
- Western Australia
OreCorp Limited operates as a mineral exploration company. The company explores for gold, nickel, copper, cobalt, and precious metals. Its principal properties include the Nyanzaga gold project comprising ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 08:22|
|End of Day Share Price||2021/06/17 00:00|
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.