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S2R

S2 Resources ASX:S2R Stock Report

Last Price

AU$0.17

Market Cap

AU$58.8m

7D

10.0%

1Y

0%

Updated

19 May, 2022

Data

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

S2R Stock Overview

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

S2 Resources Peers

Price History & Performance

Summary of all time highs, changes and price drops for S2 Resources
Historical stock prices
Current Share PriceAU$0.17
52 Week HighAU$0.23
52 Week LowAU$0.084
Beta0.20
1 Month Change3.13%
3 Month Change-17.50%
1 Year Change0%
3 Year Change26.92%
5 Year Change-13.16%
Change since IPO-2.94%

Recent News & Updates

Feb 17
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

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Shareholder Returns

S2RAU Metals and MiningAU Market
7D10.0%5.5%3.5%
1Y0%3.0%2.1%

Return vs Industry: S2R underperformed the Australian Metals and Mining industry which returned 3% over the past year.

Return vs Market: S2R underperformed the Australian Market which returned 2.1% over the past year.

Price Volatility

Is S2R's price volatile compared to industry and market?
S2R volatility
S2R Average Weekly Movement8.6%
Metals and Mining Industry Average Movement11.2%
Market Average Movement9.5%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market4.3%

Stable Share Price: S2R is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: S2R's weekly volatility has decreased from 18% to 9% over the past year.

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$58.80m
Earnings (TTM)-AU$8.47m
Revenue (TTM)AU$189.53k

311.3x

P/S Ratio

-6.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
S2R income statement (TTM)
RevenueAU$189.53k
Cost of RevenueAU$0
Gross ProfitAU$189.53k
Other ExpensesAU$8.66m
Earnings-AU$8.47m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.024
Gross Margin100.00%
Net Profit Margin-4,471.11%
Debt/Equity Ratio0%

How did S2R perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.2%

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?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.9%

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, and losses have increased over the past 5 years at a rate of 1.9% 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 (57.8%).


Return on Equity

High ROE: S2R has a negative Return on Equity (-50.76%), as it is currently unprofitable.


Financial Health

How is S2 Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: S2R's short term assets (A$14.7M) exceed its short term liabilities (A$628.9K).

Long Term Liabilities: S2R's short term assets (A$14.7M) exceed its long term liabilities (A$78.0K).


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 2 years if free cash flow continues to grow at historical rates of 6.8% each year.


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as S2R has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Matt Keane

1.5yrs

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 ($USD358.37K) is about average for companies of similar size in the Australian market ($USD285.05K).

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


Leadership Team

Experienced Management: S2R's management team is considered experienced (2.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: S2R insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.2%.


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
  • Implied Market Cap: AU$58.802m
  • 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 Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
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.