Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and copper concentrates in Eastern Goldfields and Midwest regions of Western Australia.
Silver Lake Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.30|
|52 Week High||AU$1.28|
|52 Week Low||AU$2.52|
|1 Month Change||-5.47%|
|3 Month Change||-24.71%|
|1 Year Change||-45.36%|
|3 Year Change||151.46%|
|5 Year Change||149.04%|
|Change since IPO||245.33%|
Recent News & Updates
|SLR||AU Metals and Mining||AU Market|
Return vs Industry: SLR underperformed the Australian Metals and Mining industry which returned 12.3% over the past year.
Return vs Market: SLR underperformed the Australian Market which returned 25.3% over the past year.
Stable Share Price: SLR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SLR's weekly volatility (6%) has been stable over the past year.
About the Company
Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and copper concentrates in Eastern Goldfields and Midwest regions of Western Australia. The company holds interests in the Deflector Gold Copper project that produces gold bullion and gold-copper concentrates located in the Southern Murchison region of Western Australia, including development and ramp up of a secondary high grade ore source at Rothsay; and Mount Monger operations, which produce gold bullion located within the Kalgoorlie terrane subdivision of the Eastern Goldfields Province. Silver Lake Resources Limited was incorporated in 2004 and is headquartered in South Perth, Australia.
Silver Lake Resources Fundamentals Summary
|SLR fundamental statistics|
Is SLR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SLR income statement (TTM)|
|Cost of Revenue||AU$435.95m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.11|
|Net Profit Margin||16.41%|
How did SLR perform over the long term?See historical performance and comparison
Is Silver Lake Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SLR (A$1.3) is trading below our estimate of fair value (A$6.9)
Significantly Below Fair Value: SLR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SLR's PE Ratio (11.7x) is in line with the Australian Metals and Mining industry average.
PE vs Market: SLR is good value based on its PE Ratio (11.7x) compared to the Australian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: SLR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SLR is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.6x).
How is Silver Lake Resources forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SLR's earnings are forecast to decline over the next 3 years (-0.8% per year).
Earnings vs Market: SLR's earnings are forecast to decline over the next 3 years (-0.8% per year).
High Growth Earnings: SLR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SLR's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: SLR's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SLR's Return on Equity is forecast to be low in 3 years time (8.1%).
How has Silver Lake Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLR has high quality earnings.
Growing Profit Margin: SLR's current net profit margins (16.4%) are lower than last year (45.6%).
Past Earnings Growth Analysis
Earnings Trend: SLR's earnings have grown significantly by 69% per year over the past 5 years.
Accelerating Growth: SLR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SLR had negative earnings growth (-61.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (44.4%).
Return on Equity
High ROE: SLR's Return on Equity (11%) is considered low.
How is Silver Lake Resources's financial position?
Financial Position Analysis
Short Term Liabilities: SLR's short term assets (A$405.5M) exceed its short term liabilities (A$110.7M).
Long Term Liabilities: SLR's short term assets (A$405.5M) exceed its long term liabilities (A$84.4M).
Debt to Equity History and Analysis
Debt Level: SLR is debt free.
Reducing Debt: SLR has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.
Debt Coverage: SLR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SLR has no debt, therefore coverage of interest payments is not a concern.
What is Silver Lake Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SLR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SLR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SLR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SLR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Luke Tonkin (57 yo)
Mr. Luke Tonkin, BEng, MAusIMM, AICD, Min Eng, has been Director of Egan Street Resources Pty Ltd (formerly known as Egan Street Resources Limited) since November 22, 2019. Mr. Tonkin has been the Managing...
CEO Compensation Analysis
Compensation vs Market: Luke's total compensation ($USD1.40M) is above average for companies of similar size in the Australian market ($USD964.86K).
Compensation vs Earnings: Luke's compensation has been consistent with company performance over the past year.
Experienced Management: SLR's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: SLR's board of directors are considered experienced (5.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Silver Lake Resources Limited's employee growth, exchange listings and data sources
- Name: Silver Lake Resources Limited
- Ticker: SLR
- Exchange: ASX
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Market Cap: AU$1.151b
- Shares outstanding: 885.33m
- Website: https://www.silverlakeresources.com.au
Number of Employees
- Silver Lake Resources Limited
- South Shore Centre
- Suite 4
- South Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 08:06|
|End of Day Share Price||2021/09/27 00:00|
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.