OreCorp Limited operates as a mineral exploration company.
Excellent 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's share price has been volatile over the past 3 months.
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 -0.3% over the past year.
Return vs Market: ORR exceeded the Australian Market which returned -12.3% over the past year.
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
4 months ago | Simply Wall StWhat Type Of Shareholder Owns OreCorp Limited's (ASX:ORR)?
5 months ago | Simply Wall StDid The Underlying Business Drive OreCorp's (ASX:ORR) Lovely 900% Share Price Gain?
7 months ago | Simply Wall StWhat Did OreCorp Limited's (ASX:ORR) CEO Take Home Last Year?
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 AU 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 (6x) compared to the AU Metals and Mining industry average (1.8x).
How is OreCorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 OreCorp 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.
- Examine OreCorp's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- OreCorp competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
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, and losses have increased over the past 5 years at a rate of -17% 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 (-8.4%).
Return on Equity
High ROE: ORR has a negative Return on Equity (-31.49%), as it is currently unprofitable.
How is OreCorp's financial position?
Financial Position Analysis
Short Term Liabilities: ORR's short term assets (A$14.5M) exceed its short term liabilities (A$12.1M).
Long Term Liabilities: ORR's short term assets (A$14.5M) exceed its long term liabilities (A$101.0K).
Debt to Equity History and Analysis
Debt Level: ORR is debt free.
Reducing Debt: ORR has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ORR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ORR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is OreCorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ORR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ORR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ORR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ORR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ORR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Matthew Giles Yates, B.Sc. (Hons.), MAIG, has been the Chief Executive Officer and Managing Director of OreCorp Limited since February 27,2013. Mr. Yates serves as Managing Director at OmegaCorp Limite ...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD356.18K) is above average for companies of similar size in the Australian market ($USD262.81K).
Compensation vs Earnings: Matthew's compensation has increased whilst the company is unprofitable.
|MD, CEO & Director||7.42yrs||AU$512.29k||3.31% A$4.8m|
|Independent Non-Executive Chairman||7.42yrs||AU$141.50k||0.92% A$1.3m|
|Independent Non-Executive Director||4.25yrs||AU$91.50k||0.18% A$262.4k|
|Independent Non-Executive Director||7.42yrs||AU$96.50k||0.63% A$917.9k|
|Independent Non-Executive Director||7.42yrs||AU$91.50k||1.62% A$2.4m|
Experienced Board: ORR's board of directors are considered experienced (7.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45.8%.
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$145.785m
- Shares outstanding: 316.92m
- Website: https://www.orecorp.com.au
Number of Employees
- OreCorp Limited
- 513 Hay Street
- Suite 20
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ORR||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2013|
|ORR||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2013|
|0JP||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Mar 2013|
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 20 contiguous prospecting licenses and 2 applications covering an area of 211 square kilometers located in northwest Tanzania, east Africa; the Hobbes gold project covering an area of 93 square kilometers located to the northeast of Kalgoorlie, Western Australia; and the Akjoujt South project consisting of 3 licenses covering 596 square kilometers in northwest Mauritania. The company was incorporated in 2011 and is based in Subiaco, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 10:35|
|End of Day Share Price||2020/07/10 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.