company background image
S2R

S2 ResourcesASX:S2R Stock Report

Market Cap

AU$29.9m

7D

-3.4%

1Y

-67.7%

Updated

20 Oct, 2021

Data

Company Financials +
S2R fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

S2R Overview

S2 Resources Ltd explores for and evaluates mineral properties in Australia and Finland.

Price History & Performance

Summary of all time highs, changes and price drops for S2 Resources
Historical stock prices
Current Share PriceAU$0.084
52 Week HighAU$0.084
52 Week LowAU$0.31
Beta0.065
1 Month Change-8.70%
3 Month Change-35.39%
1 Year Change-67.69%
3 Year Change-30.00%
5 Year Change-81.12%
Change since IPO-50.59%

Recent News & Updates

Jul 20
We Think S2 Resources (ASX:S2R) Can Afford To Drive Business Growth

We Think S2 Resources (ASX:S2R) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Mar 15
S2 Resources (ASX:S2R) Is In A Good Position To Deliver On Growth Plans

S2 Resources (ASX:S2R) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. Indeed, S2 Resources...

Shareholder Returns

S2RAU Metals and MiningAU Market
7D-3.4%3.6%1.7%
1Y-67.7%11.3%20.2%

Return vs Industry: S2R underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: S2R underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is S2R's price volatile compared to industry and market?
S2R volatility
S2R Beta0.065
Industry Beta0.97
Market Beta1

Stable Share Price: S2R is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: S2R's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015n/aMatt Keanehttps://www.s2resources.com.au

S2 Resources Ltd explores for and evaluates mineral properties in Australia and Finland. The company primarily explores for gold, nickel, copper, and platinum-group elements deposits. It holds interests in the Aarnivalkea prospect and Rupoas project located in Finland; and the Jillewarra, West Murchison, Three Springs, Koonenberry, Fraser Range, and Polar Bear projects located in Australia.

S2 Resources Fundamentals Summary

How do S2 Resources's earnings and revenue compare to its market cap?
S2R fundamental statistics
Market CapAU$29.94m
Earnings (TTM)-AU$7.23m
Revenue (TTM)AU$56.31k

560.0x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
S2R income statement (TTM)
RevenueAU$56.31k
Cost of RevenueAU$0
Gross ProfitAU$56.31k
ExpensesAU$7.29m
Earnings-AU$7.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.02
Gross Margin100.00%
Net Profit Margin-12,846.55%
Debt/Equity Ratio0%

How did S2R perform over the long term?

See historical performance and comparison

Valuation

Is S2 Resources undervalued compared to its fair value and its price relative to the market?

1.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate S2R's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate S2R's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: S2R is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: S2R 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 S2R's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: S2R is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is S2 Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: S2R is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: S2R is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: S2R is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if S2R's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if S2R's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: S2R is forecast to be unprofitable in 3 years.


Past Performance

How has S2 Resources performed over the past 5 years?

4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: S2R is currently unprofitable.

Growing Profit Margin: S2R is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: S2R is unprofitable, but has reduced losses over the past 5 years at a rate of 4% per year.

Accelerating Growth: Unable to compare S2R's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: S2R 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: S2R has a negative Return on Equity (-46.27%), as it is currently unprofitable.


Financial Health

How is S2 Resources's financial position?


Financial Position Analysis

Short Term Liabilities: S2R's short term assets (A$14.0M) exceed its short term liabilities (A$923.8K).

Long Term Liabilities: S2R's short term assets (A$14.0M) exceed its long term liabilities (A$102.2K).


Debt to Equity History and Analysis

Debt Level: S2R is debt free.

Reducing Debt: S2R 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: S2R has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: S2R has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 9.1% each year.


Dividend

What is S2 Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate S2R's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate S2R'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 S2R's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if S2R'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 S2R'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?

1.8yrs

Average management tenure


CEO

Matt Keane

0.92

Tenure

AU$512,758

Compensation

Mr. Matthew Keane, is also known as Matt, has been is Chief Executive Officer at S2 Resources Limited since November 4, 2020. He was a Director of Metals and Mining, and Energy Research at Argonaut Securit...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD383.37K) is about average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Insufficient data to compare Matt's compensation with company performance.


Leadership Team

Experienced Management: S2R's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.4%.


Top Shareholders

Company Information

S2 Resources Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: S2 Resources Ltd
  • Ticker: S2R
  • Exchange: ASX
  • Founded: 2015
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$29.935m
  • Shares outstanding: 356.37m
  • Website: https://www.s2resources.com.au

Location

  • S2 Resources Ltd
  • 4/24 Parkland Road
  • Osborne Park
  • Western Australia
  • 6017
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:04
End of Day Share Price2021/10/20 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.