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S2 Resources

ASX:S2R
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
S2R
ASX
A$27M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

S2 Resources Ltd engages in the exploration of various mineral properties in Australia and Scandinavia. The last earnings update was 128 days ago. More info.


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  • S2 Resources has significant price volatility in the past 3 months.
S2R Share Price and Events
7 Day Returns
4.8%
ASX:S2R
1.6%
AU Metals and Mining
0%
AU Market
1 Year Returns
13.4%
ASX:S2R
19%
AU Metals and Mining
4.8%
AU Market
S2R Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
S2 Resources (S2R) 4.8% 15.8% 29.4% 13.4% -76.3% -
AU Metals and Mining 1.6% 2.8% 9.6% 19% 76.1% 16.9%
AU Market 0% 0.9% 6.8% 4.8% 20.1% 12.2%
1 Year Return vs Industry and Market
  • S2R underperformed the Metals and Mining industry which returned 19% over the past year.
  • S2R outperformed the Market in Australia which returned 4.8% over the past year.
Price Volatility
S2R
Industry
5yr Volatility vs Market

S2R Value

 Is S2 Resources 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 S2 Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.11.
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 S2 Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are S2 Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:S2R PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:S2R Share Price ** ASX (2019-07-19) in AUD A$0.11
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.03x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.1x

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

** Primary Listing of S2 Resources.

ASX:S2R PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:S2R Share Price ÷ EPS (both in AUD)

= 0.11 ÷ -0.01

-8.46x

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

  • S2 Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • S2 Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does S2 Resources's expected growth come at a high price?
Raw Data
ASX:S2R PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.46x
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 0.71x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*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 S2 Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on S2 Resources's assets?
Raw Data
ASX:S2R PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.07
ASX:S2R Share Price * ASX (2019-07-19) in AUD A$0.11
Australia Metals and Mining Industry PB Ratio Median Figure of 591 Publicly-Listed Metals and Mining Companies 1.52x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:S2R PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:S2R Share Price ÷ Book Value per Share (both in AUD)

= 0.11 ÷ 0.07

1.54x

* Primary Listing of S2 Resources.

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

  • S2 Resources is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess S2 Resources'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. S2 Resources 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.

S2R Future Performance

 How is S2 Resources 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 S2 Resources 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
3.9%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is S2 Resources expected to grow at an attractive rate?
  • Unable to compare S2 Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare S2 Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare S2 Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:S2R Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*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:S2R Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:S2R Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:S2R Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -8 -3
2018-09-30 -8 -2
2018-06-30 -8 -2
2018-03-31 -7 -4
2017-12-31 -7 -6
2017-09-30 -7 -8
2017-06-30 -7 -10
2016-12-31 -7 -10
2016-06-30 -5 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if S2 Resources is high growth as no earnings estimate data is available.
  • Unable to determine if S2 Resources 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:S2R Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from S2 Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:S2R Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:S2R Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.04
2016-12-31 -0.03
2016-06-30 -0.05

*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 S2 Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine S2 Resources'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. S2 Resources'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. S2 Resources'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
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Future performance checks
We assess S2 Resources'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.
S2 Resources 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.

S2R Past Performance

  How has S2 Resources 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 S2 Resources'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.
  • S2 Resources does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare S2 Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare S2 Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
S2 Resources'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 S2 Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:S2R 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 -3.24 8.14
2018-09-30 -2.46 8.38
2018-06-30 -1.67 8.63
2018-03-31 -4.01 8.50
2017-12-31 -6.34 8.37
2017-09-30 -8.18 9.06
2017-06-30 -10.02 9.75
2016-12-31 -10.00 9.66
2016-06-30 -9.99 10.01

*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 S2 Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if S2 Resources 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 S2 Resources 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 S2 Resources'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.
S2 Resources 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.

S2R Health

 How is S2 Resources'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 S2 Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • S2 Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • S2 Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of S2 Resources'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.
  • S2 Resources 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 S2 Resources Company Filings, last reported 6 months ago.

ASX:S2R Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 17.67 0.00 10.05
2018-09-30 17.67 0.00 10.05
2018-06-30 24.79 0.00 15.03
2018-03-31 24.79 0.00 15.03
2017-12-31 21.80 0.00 16.90
2017-09-30 21.80 0.00 16.90
2017-06-30 23.45 0.00 17.50
2016-12-31 26.60 0.00 21.77
2016-06-30 18.89 0.00 15.89
  • S2 Resources has no debt.
  • S2 Resources 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.

  • S2 Resources has sufficient cash runway for 1.2 years based on current free cash flow.
  • S2 Resources has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 4.2% each year.
X
Financial health checks
We assess S2 Resources'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. S2 Resources 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.

S2R Dividends

 What is S2 Resources'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 S2 Resources dividends.
If you bought A$2,000 of S2 Resources 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 S2 Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate S2 Resources'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:S2R 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 3.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
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:S2R 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 S2 Resources has not reported any payouts.
  • Unable to verify if S2 Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of S2 Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as S2 Resources 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 S2 Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - 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 S2 Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. S2 Resources 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.

S2R Management

 What is the CEO of S2 Resources'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
Mark Bennett
COMPENSATION A$356,920
AGE 58
TENURE AS CEO 4.2 years
CEO Bio

Dr. Mark Anthony Bennett, BSc., Ph.D., MAusIMM, MAICD, FGS, serves as Chief Executive Officer and Managing Director of S2 Resources Ltd. Dr. Bennett served as the Chief Executive Officer and Managing Director of Sirius Resources NL since August 31, 2009. Dr. Bennett has been Non-Executive Director of Todd River Resources Limited since November 30, 2018. He is very experienced in corporate affairs, equity capital markets, investor relations and community engagement and led Sirius from prior to the discovery of Nova all the way through feasibility, financing, permitting and construction. He served as Geology Director of Apex Minerals NL. Dr. Bennett served as an Exploration Director of Apex Minerals Nl from May 9, 2006 to November 23, 2009. He has worked in Australia, West Africa, Canada and Europe, predominantly for LionOre Mining International Limited and WMC Resources Limited. Positions held by him included Managing Director, Chief Executive Officer, Executive Director, Exploration Manager and Chief Geologist. He served as Exploration Manager and Chief Geologist, including periods at WMC’s Kambalda Nickel Operations, Gold Fields’ St.Ives Gold Mines, Forrestania Gold’s Bounty Gold Mine, and WMC’s Melbourne Head Office. He has been a Director of S2 Resources Ltd since May 29, 2015. Dr. Bennett served as a Director of Apex Minerals NL from May 9, 2006 to November 23, 2009. He served as a Non-Executive Director of Independence Group NL since October 02, 2015 to May 31, 2016. Dr. Bennett is a Geologist with over 25 years experience, predominantly in gold, nickel and base metal exploration and mining. He served as a Director of Sirius Resources NL since August 31, 2009. In 2002, Dr. Bennett received the Association of Mining and Exploration Companies (AMEC) Prospector of the Year award in recognition of his contribution to the discovery of the Thunderbox gold and the Waterloo nickel deposits. He is a Member of the Australasian Institute of Mining and Metallurgy and an elected Fellow of the Geological Society of London, a Fellow of the Australian Institute of Geoscientists and a Member of the Australian Institute of Company Directors. He holds a BSc in Mining Geology from the University of Leicester and a PhD from the University of Leeds.

CEO Compensation
  • Mark's compensation has increased whilst company is loss making.
  • Mark's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the S2 Resources management team in years:

3.8
Average Tenure
  • The tenure for the S2 Resources management team is about average.
Management Team

Mark Bennett

TITLE
CEO, MD & Director
COMPENSATION
A$357K
AGE
58
TENURE
4.2 yrs

Su-Mei Sain

TITLE
Chief Financial Officer
COMPENSATION
A$69K
TENURE
3.8 yrs

Anna Neuling

TITLE
Company Secretary & Executive Director
COMPENSATION
A$102K
TENURE
1.6 yrs

John Bartlett

TITLE
General Manager of Exploration
TENURE
4.5 yrs

Andy Thompson

TITLE
General Manager of Scandinavia
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure of the S2 Resources board of directors in years:

4.2
Average Tenure
  • The tenure for the S2 Resources board of directors is about average.
Board of Directors

Jeff Dowling

TITLE
Non-Executive Chairman
COMPENSATION
A$82K
TENURE
4.2 yrs

Mark Bennett

TITLE
CEO, MD & Director
COMPENSATION
A$357K
AGE
58
TENURE
4.2 yrs

Anna Neuling

TITLE
Company Secretary & Executive Director
COMPENSATION
A$102K
TENURE
4.2 yrs

Grey Egerton Warburton

TITLE
Independent Non-Executive Director
COMPENSATION
A$49K
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by S2 Resources individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
28. May 19 Buy Merian Global Investors (UK) Limited Company 24. May 19 24. May 19 11,300,000 A$0.12 A$1,299,496
09. May 19 Buy Mark Bennett Individual 09. May 19 09. May 19 340,867 A$0.10 A$32,478
06. May 19 Buy Anna Neuling Individual 01. May 19 01. May 19 325,000 A$0.09 A$30,070
06. May 19 Buy Grey Egerton Warburton Individual 06. May 19 06. May 19 480,000 A$0.10 A$50,400
20. Aug 18 Buy Mark Bennett Individual 15. Aug 18 15. Aug 18 100,000 A$0.11 A$11,500
14. Aug 18 Buy Jeffrey Dowling Individual 14. Aug 18 14. Aug 18 200,000 A$0.11 A$22,990
X
Management checks
We assess S2 Resources'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. S2 Resources 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.

S2R News

Simply Wall St News

Did S2 Resources Ltd (ASX:S2R) Insiders Buy Up More Shares?

So before you buy or sell S2 Resources Ltd (ASX:S2R), you may well want to know whether insiders have been buying or selling. … In the last twelve months S2 Resources insiders were buying shares, but not selling. … ASX:S2R Recent Insider Trading, May 21st 2019 S2 Resources is not the only stock insiders are buying.

Simply Wall St -

Does The S2 Resources Ltd (ASX:S2R) Share Price Fall With The Market?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What Kind Of Shareholders Own S2 Resources Ltd (ASX:S2R)?

So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … S2 Resources is a smaller company with a market capitalization of AU$18m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

S2 Resources Ltd (ASX:S2R): What Does Its Beta Value Mean For 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 below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

What Percentage Of S2 Resources Ltd (ASX:S2R) Shares Do Insiders Own?

The big shareholder groups in S2 Resources Ltd (ASX:S2R) 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. … S2 Resources is a smaller company with a market capitalization of AU$24m, so it may still be flying under the radar of many institutional investors.

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S2R Company Info

Description

S2 Resources Ltd engages in the exploration of various mineral properties in Australia and Scandinavia. The company explores for copper, zinc, gold, nickel, and platinum metals. It holds an 80% interest in Eundynie tenements that consist of six exploration licenses covering 103 square kilometers; interests in the Ecru project located to the southeast of Battle Mountain in Lander County, Nevada; and the South Roberts project located in Eureka County, Nevada. The company was incorporated in 2015 and is based in Scarborough, Australia. S2 Resources Ltd. operates independently of Sirius Resources NL as of September 21, 2015.

Details
Name: S2 Resources Ltd
S2R
Exchange: ASX
Founded: 2015
A$27,270,669
247,915,179
Website: http://www.s2resources.com.au
Address: S2 Resources Ltd
North Wing,
Level 2,
Scarborough,
Western Australia, 6019,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX S2R Ordinary Shares Australian Securities Exchange AU AUD 19. Oct 2015
Number of employees
Current staff
Staff numbers
0
S2 Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 10:40
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2017/09/06
Last earnings filing: 2019/03/14
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.