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SAU

Southern GoldASX:SAU Stock Report

Market Cap

AU$13.7m

7D

3.2%

1Y

-48.8%

Updated

16 Oct, 2021

Data

Company Financials
SAU fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

SAU Overview

Southern Gold Limited engages in the exploration and production of gold deposits in South Korea.

Price History & Performance

Summary of all time highs, changes and price drops for Southern Gold
Historical stock prices
Current Share PriceAU$0.064
52 Week HighAU$0.061
52 Week LowAU$0.14
Beta0.75
1 Month Change-3.03%
3 Month Change-4.48%
1 Year Change-48.80%
3 Year Change-64.44%
5 Year Change-81.97%
Change since IPO-97.49%

Recent News & Updates

Feb 03
Have Insiders Been Selling Southern Gold Limited (ASX:SAU) Shares This Year?

Have Insiders Been Selling Southern Gold Limited (ASX:SAU) Shares This Year?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

Shareholder Returns

SAUAU Metals and MiningAU Market
7D3.2%4.3%0.9%
1Y-48.8%12.2%20.2%

Return vs Industry: SAU underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

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

Price Volatility

Is SAU's price volatile compared to industry and market?
SAU volatility
SAU Beta0.75
Industry Beta0.97
Market Beta1

Stable Share Price: SAU is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SAU's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aSimon Mitchellhttps://www.southerngold.com.au

Southern Gold Limited engages in the exploration and production of gold deposits in South Korea. The company also explores for silver and other mineral deposits. It holds 100% interests in the Aphae gold project, Beopseongpo gold-silver project, Deokon gold-silver project, Dokcheon gold project, Geum-Mar gold project, Neungju gold project, and Daeam project located in South Korea.

Southern Gold Fundamentals Summary

How do Southern Gold's earnings and revenue compare to its market cap?
SAU fundamental statistics
Market CapAU$13.65m
Earnings (TTM)AU$4.34m
Revenue (TTM)n/a

3.1x

P/E Ratio

0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAU income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Expenses-AU$4.34m
EarningsAU$4.34m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.02
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did SAU perform over the long term?

See historical performance and comparison

Valuation

Is Southern Gold undervalued compared to its fair value and its price relative to the market?

3.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SAU is good value based on its PE Ratio (3.1x) compared to the Australian Metals and Mining industry average (15x).

PE vs Market: SAU is good value based on its PE Ratio (3.1x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SAU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SAU is good value based on its PB Ratio (0.6x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Southern Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

Forecasted Materials industry annual growth in earnings


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 Southern Gold 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 SimplyWall St do have past financial data.


Past Performance

How has Southern Gold performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SAU has a high level of non-cash earnings.

Growing Profit Margin: SAU became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SAU has become profitable over the past 5 years, growing earnings by -17.9% per year.

Accelerating Growth: SAU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SAU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: SAU's Return on Equity (17.8%) is considered low.


Financial Health

How is Southern Gold's financial position?


Financial Position Analysis

Short Term Liabilities: SAU's short term assets (A$18.3M) exceed its short term liabilities (A$575.5K).

Long Term Liabilities: SAU's short term assets (A$18.3M) exceed its long term liabilities (A$108.5K).


Debt to Equity History and Analysis

Debt Level: SAU is debt free.

Reducing Debt: SAU has no debt compared to 5 years ago when its debt to equity ratio was 32.6%.

Debt Coverage: SAU has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SAU has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Southern Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SAU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SAU is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SAU'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?

6.7yrs

Average management tenure


CEO

Simon Mitchell

6.67yrs

Tenure

AU$340,545

Compensation

Mr. Simon Mitchell, B.Sc. (Hons) Geol, G.Dip.App.Fin., F.Fin., M.AusIMM, GAICD, MSEG, has been Managing Director & Executive Director at Southern Gold Limited since February 1, 2015. Mr. Mitchell is an Ind...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD252.76K) is about average for companies of similar size in the Australian market ($USD302.45K).

Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SAU's management team is seasoned and experienced (6.7 years average tenure).


Board Members

Experienced Board: SAU's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.3%.


Top Shareholders

Company Information

Southern Gold Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Southern Gold Limited
  • Ticker: SAU
  • Exchange: ASX
  • Founded: 2004
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$13.653m
  • Shares outstanding: 213.33m
  • Website: https://www.southerngold.com.au

Location

  • Southern Gold Limited
  • 10 George Street
  • Stepney
  • South Australia
  • 5069
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/15 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.