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. More Details
Flawless balance sheet and good value.
Share Price & News
How has Silver Lake Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: SLR underperformed the Australian Metals and Mining industry which returned 14.8% over the past year.
Return vs Market: SLR underperformed the Australian Market which returned 28% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Silver Lake Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StCan You Imagine How Jubilant Silver Lake Resources' (ASX:SLR) Shareholders Feel About Its 250% Share Price Gain?
4 months ago | Simply Wall StSilver Lake Resources Limited's (ASX:SLR) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
5 months ago | Simply Wall StWhat Kind Of Shareholders Own Silver Lake Resources Limited (ASX:SLR)?
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$1.34) is trading below our estimate of fair value (A$6.86)
Significantly Below Fair Value: SLR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SLR is good value based on its PE Ratio (12.1x) compared to the Australian Metals and Mining industry average (12.5x).
PE vs Market: SLR is good value based on its PE Ratio (12.1x) compared to the Australian market (18.7x).
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 (2.8x).
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 (-7.2% per year).
Earnings vs Market: SLR's earnings are forecast to decline over the next 3 years (-7.2% 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 (-2.1% per year).
High Growth Revenue: SLR's revenue is forecast to decline over the next 3 years (-2.1% 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 (6.2%).
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 (43.2%).
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$84.4M).
Debt to Equity History and Analysis
Debt Level: SLR is debt free.
Reducing Debt: SLR has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.
Debt Coverage: SLR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SLR has no debt, therefore coverage of interest payments is not a concern.
What is Silver Lake Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SLR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SLR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SLR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SLR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Luke Tonkin (57 yo)
Mr. Luke Tonkin, BEng, MAusIMM, AICD, Min Eng, has been Director of Egan Street Resources Pty Ltd (formerly known as Egan Street Resources Limited) since November 22, 2019. Mr. Tonkin has been the Managing...
CEO Compensation Analysis
Compensation vs Market: Luke's total compensation ($USD1.41M) is above average for companies of similar size in the Australian market ($USD940.79K).
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 company bio, 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$1.239b
- 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
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 regio...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/17 08:04|
|End of Day Share Price||2021/09/17 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.