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OreCorp

ASX:ORR
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ORR
ASX
A$43M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

OreCorp Limited engages in the exploration of mineral properties in Africa. The last earnings update was 101 days ago. More info.


Add to Portfolio Compare Print
  • OreCorp has significant price volatility in the past 3 months.
ORR Share Price and Events
7 Day Returns
-4.3%
ASX:ORR
1%
AU Metals and Mining
0.4%
AU Market
1 Year Returns
15.8%
ASX:ORR
13%
AU Metals and Mining
4.6%
AU Market
ORR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OreCorp (ORR) -4.3% -15.4% -21.4% 15.8% -18.5% 286%
AU Metals and Mining 1% 2.8% 5% 13% 83.6% 18.8%
AU Market 0.4% 1.5% 6.1% 4.6% 23.4% 12.8%
1 Year Return vs Industry and Market
  • ORR outperformed the Metals and Mining industry which returned 13% over the past year.
  • ORR outperformed the Market in Australia which returned 4.6% over the past year.
Price Volatility
ORR
Industry
5yr Volatility vs Market

ORR Value

 Is OreCorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for OreCorp. This is due to cash flow or dividend data being unavailable. The share price is A$0.22.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OreCorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OreCorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ORR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.03
ASX:ORR Share Price ** ASX (2019-06-20) in AUD A$0.22
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.47x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.11x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OreCorp.

ASX:ORR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ORR Share Price ÷ EPS (both in AUD)

= 0.22 ÷ -0.03

-7.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OreCorp is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • OreCorp is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does OreCorp's expected growth come at a high price?
Raw Data
ASX:ORR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.79x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for OreCorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on OreCorp's assets?
Raw Data
ASX:ORR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.06
ASX:ORR Share Price * ASX (2019-06-20) in AUD A$0.22
Australia Metals and Mining Industry PB Ratio Median Figure of 588 Publicly-Listed Metals and Mining Companies 1.44x
Australia Market PB Ratio Median Figure of 1,688 Publicly-Listed Companies 1.64x
ASX:ORR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ORR Share Price ÷ Book Value per Share (both in AUD)

= 0.22 ÷ 0.06

3.52x

* Primary Listing of OreCorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OreCorp is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess OreCorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. OreCorp has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ORR Future Performance

 How is OreCorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.9%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OreCorp expected to grow at an attractive rate?
  • Unable to compare OreCorp's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare OreCorp's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare OreCorp's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ORR Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.9%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:ORR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ORR Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:ORR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -7 -6
2018-09-30 0 -7 -7
2018-06-30 0 -8 -7
2018-03-31 0 -11 -11
2017-12-31 0 -14 -14
2017-09-30 0 -14 -15
2017-06-30 0 -15 -15
2017-03-31 0 -11 -12
2016-12-31 0 -7 -8
2016-09-30 0 -5 -6
2016-06-30 0 -3 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if OreCorp is high growth as no earnings estimate data is available.
  • Unable to determine if OreCorp is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:ORR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from OreCorp Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ORR Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:ORR Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.05
2017-12-31 -0.07
2017-09-30 -0.07
2017-06-30 -0.08
2017-03-31 -0.07
2016-12-31 -0.06
2016-09-30 -0.04
2016-06-30 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if OreCorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. OreCorp's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. OreCorp's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess OreCorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OreCorp has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ORR Past Performance

  How has OreCorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OreCorp's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OreCorp does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare OreCorp's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare OreCorp's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
OreCorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OreCorp Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ORR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.27 -6.05 6.87
2018-09-30 0.27 -6.72 7.38
2018-06-30 0.27 -7.38 7.90
2018-03-31 0.11 -10.51 10.88
2017-12-31 0.11 -13.63 13.87
2017-09-30 0.17 -14.50 14.72
2017-06-30 0.22 -15.37 15.57
2017-03-31 0.18 -11.80 11.95
2016-12-31 0.13 -8.23 8.34
2016-09-30 0.09 -5.92 6.11
2016-06-30 0.05 -3.60 3.89
2015-12-31 0.05 -1.12 2.03
2015-09-30 0.06 -0.79 1.84
2015-06-30 0.07 -0.45 1.65
2014-12-31 0.12 -1.59 2.06
2014-09-30 0.17 -1.89 2.18
2014-06-30 0.21 -2.20 2.29
2014-03-31 0.25 -4.31 3.75
2013-12-31 0.29 -5.95 4.73
2013-09-30 0.29 -6.36 5.10
2013-06-30 0.29 -6.78 5.46
2012-06-30 0.48 -3.31 3.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if OreCorp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if OreCorp has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if OreCorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess OreCorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OreCorp has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ORR Health

 How is OreCorp's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OreCorp's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OreCorp is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OreCorp's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OreCorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • OreCorp has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OreCorp Company Filings, last reported 5 months ago.

ASX:ORR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 13.54 0.00 12.30
2018-09-30 13.54 0.00 12.30
2018-06-30 16.51 0.00 14.56
2018-03-31 16.51 0.00 14.56
2017-12-31 19.90 0.00 17.63
2017-09-30 19.90 0.00 17.63
2017-06-30 23.63 0.00 21.82
2017-03-31 23.63 0.00 21.82
2016-12-31 13.51 0.00 12.34
2016-09-30 13.51 0.00 12.34
2016-06-30 18.78 0.00 17.27
2015-12-31 6.03 0.00 4.43
2015-09-30 6.03 0.00 4.43
2015-06-30 7.14 0.00 7.00
2014-12-31 7.53 0.00 6.55
2014-09-30 7.53 0.00 6.55
2014-06-30 7.72 0.00 7.34
2014-03-31 7.72 0.00 7.34
2013-12-31 9.20 0.00 8.78
2013-09-30 9.20 0.00 8.78
2013-06-30 10.37 0.00 10.46
2012-06-30 7.54 0.00 7.39
  • OreCorp has no debt.
  • OreCorp has not taken on any debt in the 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.

  • OreCorp has sufficient cash runway for 1.9 years based on current free cash flow.
  • OreCorp has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 16.1% each year.
X
Financial health checks
We assess OreCorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OreCorp has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ORR Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from OreCorp dividends.
If you bought A$2,000 of OreCorp shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate OreCorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate OreCorp's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:ORR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:ORR Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as OreCorp has not reported any payouts.
  • Unable to verify if OreCorp's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of OreCorp's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OreCorp has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OreCorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OreCorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OreCorp has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ORR Management

 What is the CEO of OreCorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Matthew Yates
COMPENSATION A$430,743
TENURE AS CEO 6.3 years
CEO Bio

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 Limited. Mr. Yates served the Chief Executive Officer, Managing Director and Director of Silver Stone Resources Limited. He served as Joint Managing Director of Mantra Resources Limited from March 2008 to January 2010. He served as Technical Director of OmegaCorp Limited. He served as Technical Director of Fusion Resources Limited until August 11, 2005. He is a geologist with over 21 years industry experience, covering most facets of exploration from generative work to project development. He has worked in Australia and southern and Eastern Africa, Central Asia and the Gulf Region. He has experience in porphyry-epithermal intrusion related gold and base metal mineralization and heavy mineral sands exploration. Mr. Yates has an applied technical background and has held senior positions for over eleven years, including Exploration Manager for Tanganyika Gold Limited. His work to date has focused on exploration for Archaean gold deposits and he has led the exploration teams at Nimary in Western Australia and Buhemba in Tanzania. He has been a Director of OreCorp Limited since June 2, 2010. He has been a Director of Mavuzi Resources Limited since January 12, 2007. He served as a Non Executive Director of Fusion Resources Pty Ltd. from May 9, 2007 to February 2009 and previously served as its Executive Director from May 14, 2002 to August 11, 2005. Mr. Yates served as Executive Director of Mantra Resources Limited from January 2010 to April 2010 and served as its Director from March 2008 to January 2010. Mr. Yates served as a Director of OmegaCorp Limited from February 2, 2004 to August 14, 2007. He served as a Director of Silver Stone Resources Limited.

CEO Compensation
  • Matthew's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Matthew's remuneration is about average for companies of similar size in Australia.
Management Team

Matthew Yates

TITLE
MD, CEO & Director
COMPENSATION
A$431K
TENURE
6.3 yrs

Luke Watson

TITLE
Company Secretary & CFO
COMPENSATION
A$321K
TENURE
6.3 yrs
Board of Directors Tenure

Average tenure and age of the OreCorp board of directors in years:

6.3
Average Tenure
63
Average Age
  • The tenure for the OreCorp board of directors is about average.
Board of Directors

Craig Williams

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$106K
AGE
66
TENURE
6.3 yrs

Matthew Yates

TITLE
MD, CEO & Director
COMPENSATION
A$431K
TENURE
6.3 yrs

Mike Klessens

TITLE
Non-Executive Director
COMPENSATION
A$74K
AGE
52
TENURE
6.3 yrs

Robert Rigo

TITLE
Non-Executive Director
COMPENSATION
A$68K
AGE
63
TENURE
3.2 yrs

Alastair Morrison

TITLE
Non-Executive Director
COMPENSATION
A$68K
TENURE
6.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
23. Jul 18 Buy Westoz Funds Management Pty Ltd. Company 13. Apr 18 20. Jul 18 2,310,821 A$0.21 A$476,351
X
Management checks
We assess OreCorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OreCorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ORR News

Simply Wall St News

What Kind Of Investor Owns Most Of OreCorp Limited (ASX:ORR)?

Taking a look at our data on the ownership groups (below), it's seems that institutions own shares in the company. … Insider Ownership Of OreCorp The definition of company insiders can be subjective, and does vary between jurisdictions. … Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For OreCorp Limited (ASX:ORR)?

If you're interested in OreCorp Limited (ASX:ORR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

If You Had Bought OreCorp (ASX:ORR) Shares Five Years Ago You'd Have Made 247%

OreCorp Limited (ASX:ORR) shareholders might be concerned after seeing the share price drop 13% in the last month. … With just AU$271,166 worth of revenue in twelve months, we don't think the market considers OreCorp to have proven its business plan. … Given the share price has increased by a solid 28% per year, over 5 years, its fair to say investors remain excited about the future, despite the potential need for cash

Simply Wall St -

Are OreCorp Limited's (ASX:ORR) Interest Costs Too High?

OreCorp Limited (ASX:ORR), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is ORR will have to follow strict debt obligations which will reduce its financial flexibility. … Is ORR growing fast enough to value financial flexibility over lower cost of capital.

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Do Insiders Own Shares In OreCorp Limited (ASX:ORR)?

Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … We can zoom in on the different ownership groups, to learn more about ORR

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Is OreCorp Limited's (ASX:ORR) CEO Pay Justified?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Matthew Yates's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that OreCorp Limited has a market cap of AU$47m, and is paying total annual CEO compensation of AU$431k.

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Does The OreCorp Limited (ASX:ORR) Share Price Fall With The Market?

If you're interested in OreCorp Limited (ASX:ORR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

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Do Insiders Own Lots Of Shares In OreCorp Limited (ASX:ORR)?

The big shareholder groups in OreCorp Limited (ASX:ORR) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Taking a look at the our data on the ownership groups (below), it's seems that.

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OreCorp Limited (ASX:ORR): How Does It Impact Your Portfolio?

The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock. … The other type of risk, which cannot be diversified away, is market risk. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

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What Does OreCorp Limited's (ASX:ORR) Ownership Structure Look Like?

Insider Ownership Another important group of shareholders are company insiders. … An ownership of this size indicates a strong financial backing and has the potential to influence ORR's business strategy. … Thus, investors should dig deeper into ORR's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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ORR Company Info

Description

OreCorp Limited engages in the exploration of mineral properties in Africa. The company explores for gold, nickel, copper, cobalt, and precious metals. Its principal properties are the Nyanzaga gold project comprising 20 contiguous prospecting licenses covering 225 square kilometers in northwest Tanzania; and the Akjoujt South project comprising two licenses covering 460 square kilometers of area located in northwest Mauritania. The company was founded in 2010 and is based in Subiaco, Australia.

Details
Name: OreCorp Limited
ORR
Exchange: ASX
Founded: 2010
A$43,482,564
217,412,820
Website: http://www.orecorp.com.au
Address: OreCorp Limited
513 Hay Street,
Suite 20,
Subiaco,
Western Australia, 6008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ORR Ordinary Shares Australian Securities Exchange AU AUD 14. Mar 2013
BST 0JP Ordinary Shares Boerse-Stuttgart DE EUR 14. Mar 2013
CHIA ORR Ordinary Shares Chi-X Australia AU AUD 14. Mar 2013
Number of employees
Current staff
Staff numbers
0
OreCorp employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/20 10:35
End of day share price update: 2019/06/20 00:00
Last estimates confirmation: 2017/09/13
Last earnings filing: 2019/03/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.