Prospect Resources (ASX:PSC) - Stock Price, News & Analysis

PSC Stock Overview

Prospect Resources Limited engages in the exploration, evaluation, and development of mineral resources in Zimbabwe.

PSC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 19.2% per year over past 5 years

Makes less than USD$1m in revenue (A$0)

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (A$67M)

Prospect Resources Limited Competitors

Mayur Resources

ASX:MRL

AU$75.5m

Tivan

ASX:TVN

AU$83.7m

WIA Gold

ASX:WIA

AU$78.6m

Hastings Technology Metals

ASX:HAS

AU$47.6m

Price History & Performance

Summary of all time highs, changes and price drops for Prospect Resources
Historical stock prices
Current Share Price	AU$0.14
52 Week High	AU$0.18
52 Week Low	AU$0.063
Beta	0.94
1 Month Change	68.75%
3 Month Change	56.98%
1 Year Change	-10.00%
3 Year Change	-10.00%
5 Year Change	-32.50%
Change since IPO	-93.08%

Companies Like Prospect Resources (ASX:PSC) Are In A Position To Invest In Growth

Jan 23

Recent updates

Companies Like Prospect Resources (ASX:PSC) Are In A Position To Invest In Growth

Jan 23

Companies Like Prospect Resources (ASX:PSC) Are In A Position To Invest In Growth

Aug 30

Shareholder Returns

	PSC	AU Metals and Mining	AU Market
7D	-15.6%	-1.7%	-2.2%
1Y	-10.0%	-4.9%	4.5%

Return vs Industry: PSC underperformed the Australian Metals and Mining industry which returned -4.9% over the past year.

Return vs Market: PSC underperformed the Australian Market which returned 4.5% over the past year.

Price Volatility

Is PSC's price volatile compared to industry and market?
PSC volatility
PSC Average Weekly Movement	18.3%
Metals and Mining Industry Average Movement	12.5%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.4%

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

Volatility Over Time: PSC's weekly volatility has increased from 13% to 18% over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Sam Hosack	www.prospectresources.com.au

Prospect Resources Limited engages in the exploration, evaluation, and development of mineral resources in Zimbabwe. The company primarily explores for lithium deposits. The company holds interest in the Kesya Rare Earths project covering an area of 1,053 hectares located in the Zambia; the Step Aside Lithium project covering an area of 100 hectares; and the Omaruru Lithium Project located in the East of Karibib, Namibia.

Prospect Resources Limited Fundamentals Summary

How do Prospect Resources's earnings and revenue compare to its market cap?
PSC fundamental statistics
Market cap	AU$67.18m
Earnings (TTM)	-AU$5.61m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-11.1x

P/E Ratio

Is PSC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSC income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$5.61m
Earnings	-AU$5.61m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.012
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did PSC perform over the long term?

See historical performance and comparison

PSC Stock Overview

Rewards

Risk Analysis

Prospect Resources Limited Competitors

ASX:MRL

AU$75.5m

ASX:TVN

AU$83.7m

ASX:WIA

AU$78.6m

ASX:HAS

AU$47.6m

Price History & Performance

Recent News & Updates

MD, CEO & Director recently bought AU$503k worth of stock

New minor risk - Share price stability

Prospect Resources Limited (ASX:PSC) executed an agreement to acquire remaining 60% stake in Richwing Exploration (Pty) Ltd. from Osino Resources Corp. (TSXV:OSI) for $0.08 million.

Companies Like Prospect Resources (ASX:PSC) Are In A Position To Invest In Growth

Prospect Resources Limited, Annual General Meeting, Nov 23, 2023

Prospect Resources Limited Announces Retirement of Henian Chen as Non-Executive Director

Recent updates

MD, CEO & Director recently bought AU$503k worth of stock

New minor risk - Share price stability

Prospect Resources Limited (ASX:PSC) executed an agreement to acquire remaining 60% stake in Richwing Exploration (Pty) Ltd. from Osino Resources Corp. (TSXV:OSI) for $0.08 million.

Companies Like Prospect Resources (ASX:PSC) Are In A Position To Invest In Growth

Prospect Resources Limited, Annual General Meeting, Nov 23, 2023

Prospect Resources Limited Announces Retirement of Henian Chen as Non-Executive Director

Price target decreased by 12% to AU$0.14

Prospect Resources Limited Announces Change of Joint Company Secretary

New minor risk - Financial data availability

Companies Like Prospect Resources (ASX:PSC) Are In A Position To Invest In Growth

Independent Non-Executive Chairman recently bought AU$53k worth of stock

We're Hopeful That Prospect Resources (ASX:PSC) Will Use Its Cash Wisely

First half 2023 earnings released: AU$0.007 loss per share (vs AU$0.006 loss in 1H 2022)

Prospect Resources Limited Announces Phase 1 RC Drilling Complete at Omaruru Project

We Think Prospect Resources (ASX:PSC) Can Afford To Drive Business Growth

Prospect Resources Limited Announces Phase 2 Diamond Drilling Program

Prospect Resources Limited Announces Appointment of Mr. Gaurav Gupta to the Prospect Board as Non-Executive Director

Price target increased to AU$0.15

Less than half of directors are independent

Prospect Resources Limited Announces Omaruru Earn-In Completes

Prospect Resources Limited, Annual General Meeting, Nov 23, 2022

Prospect Resources Limited Announces Step Aside Lithium Project Drilling Update

MD, CEO & Director recently bought AU$388k worth of stock

Full year 2022 earnings released: AU$0.043 loss per share (vs AU$0.007 loss in FY 2021)

Prospect Resources Limited Announces Stepping Down of Harry Greaves as Executive Director

Prospect Resources Limited Announces Stepping Down of Harry Greaves as Executive Director

Price target decreased to AU$0.11

Non-Executive Chairman recently sold AU$613k worth of stock

Non-Executive Chairman exercised options to buy AU$1.9m worth of stock.

MD, CEO & Director exercised options to buy AU$1.1m worth of stock.

Prospect Resources Limited Proposes Special Dividend, Payable on July 29, 2022

Non-Executive Director recently sold AU$707k worth of stock

Prospect Resources SHS to Be Deleted from Other OTC

MD, CEO & Director exercised options and sold AU$1.4m worth of stock

MD, CEO & Director exercised options to buy AU$1.6m worth of stock.

Non-Executive Director exercised options to buy AU$715k worth of stock.

No independent directors

Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.018 loss in FY 2020)

Luzich Resources (Africa) LLC agreed to acquire Penhalonga Gold Project from Prospect Resources Limited (ASX:PSC) for $0.75 million.

Prospect Resources Limited Announces Arcadia Partnership Process and Ofs Update

Prospect Resources Limited Announces the Results of the Recent Soil Sampling Program

Prospect Resources Limited Announces Arcadia Spodumene Concentrate Samples Ready for Shipment

Prospect Resources Ltd Announces Successfully Delivered Ceremonial Sample of Product from the Arcadia Pilot Plant to Offtake Partner and Shareholder, Sinomine Resources

Prospect Resources Ltd Announces the Completion of Construction and Commissioning, and the Commencement of Production, at the Arcadia Lithium Project Pilot Plant

Prospect Resources Ltd Announces Arcadia Pilot Plant Nears Completion

First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.011 loss in 1H 2020)

We're Not Very Worried About Prospect Resources' (ASX:PSC) Cash Burn Rate

Prospect Resources Ltd Announces Number of Key Developments at its Arcadia Lithium Project After Detailed Strategic Review by Management and Number of External Third-Party Experts on the Pathway to Near-Term Production

Chief Financial Officer has left the company

Prospect Resources Limited Announces CFO Changes

New 90-day high: AU$0.20

Prospect Resources Limited Announces Appointment of Mr. Mark Wheatley as Non-Executive Chairman

Prospect Resources Ltd Announces the Appointment of Dev Shetty as Non-Executive Director

Prospect Resources Limited announced that it expects to receive AUD 5.999953 million in funding

Prospect Resources Ltd Announces Arcadia Petalite Achieves Market Leading Results

Full year earnings released - AU$0.018 loss per share

New 90-day high - AU$0.24

Prospect Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.72 million.

Shareholder Returns