| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
SLR Stock Overview
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$1.47 |
| 52 Week High | AU$2.25 |
| 52 Week Low | AU$1.21 |
| Beta | 1.07 |
| 1 Month Change | 13.95% |
| 3 Month Change | -1.01% |
| 1 Year Change | 10.94% |
| 3 Year Change | 26.72% |
| 5 Year Change | 226.67% |
| Change since IPO | 292.00% |
Recent News & Updates
Shareholder Returns
| SLR | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -4.5% | 3.1% | 0.7% |
| 1Y | 10.9% | -14.4% | -8.5% |
Return vs Industry: SLR exceeded the Australian Metals and Mining industry which returned -14.4% over the past year.
Return vs Market: SLR exceeded the Australian Market which returned -8.5% over the past year.
Price Volatility
| SLR volatility | |
|---|---|
| SLR Average Weekly Movement | 6.7% |
| Metals and Mining Industry Average Movement | 12.4% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in AU Market | 18.1% |
| 10% least volatile stocks in AU Market | 4.6% |
Stable Share Price: SLR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SLR's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | Luke Tonkin | https://www.silverlakeresources.com.au |
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 | |
|---|---|
| Market Cap | AU$1.37b |
| Earnings (TTM) | AU$76.89m |
| Revenue (TTM) | AU$589.57m |
17.8x
P/E Ratio2.3x
P/S RatioIs SLR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SLR income statement (TTM) | |
|---|---|
| Revenue | AU$589.57m |
| Cost of Revenue | AU$451.69m |
| Gross Profit | AU$137.87m |
| Other Expenses | AU$60.99m |
| Earnings | AU$76.89m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.082 |
| Gross Margin | 23.39% |
| Net Profit Margin | 13.04% |
| Debt/Equity Ratio | 0% |
How did SLR perform over the long term?
See historical performance and comparisonValuation
Is SLR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SLR?
Other financial metrics that can be useful for relative valuation.
| What is SLR's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$1.37b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2x |
| Enterprise Value/EBITDA | 4.5x |
| PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does SLR's PE Ratio compare to its peers?
| SLR PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 11.7x | ||
RRL Regis Resources | 15.3x | 12.8% | AU$1.3b |
RMS Ramelius Resources | 7.6x | 10.6% | AU$897.7m |
PRU Perseus Mining | 11.9x | 26.2% | AU$2.3b |
WGX Westgold Resources | 12.2x | 49.7% | AU$599.1m |
SLR Silver Lake Resources | 17.8x | 24.0% | AU$1.4b |
Price-To-Earnings vs Peers: SLR is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (11.7x).
Price to Earnings Ratio vs Industry
How does SLR's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Earnings vs Industry: SLR is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the Australian Metals and Mining industry average (10.7x)
Price to Earnings Ratio vs Fair Ratio
What is SLR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 17.8x |
| Fair PE Ratio | 23.3x |
Price-To-Earnings vs Fair Ratio: SLR is good value based on its Price-To-Earnings Ratio (17.8x) compared to the estimated Fair Price-To-Earnings Ratio (23.3x).
Share Price vs Fair Value
What is the Fair Price of SLR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SLR (A$1.47) is trading below our estimate of fair value (A$8.88)
Significantly Below Fair Value: SLR is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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Future Growth
How is Silver Lake Resources forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
24.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SLR's forecast earnings growth (24% per year) is above the savings rate (1.8%).
Earnings vs Market: SLR's earnings (24% per year) are forecast to grow faster than the Australian market (6.1% per year).
High Growth Earnings: SLR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SLR's revenue (9.7% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: SLR's revenue (9.7% per year) is forecast to grow slower than 20% 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 (8.9%).
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Past Performance
How has Silver Lake Resources performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
54.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLR has high quality earnings.
Growing Profit Margin: SLR's current net profit margins (13%) are lower than last year (44.8%).
Past Earnings Growth Analysis
Earnings Trend: SLR's earnings have grown significantly by 54.5% 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 (-72.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (57.3%).
Return on Equity
High ROE: SLR's Return on Equity (8.2%) is considered low.
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Financial Health
How is Silver Lake Resources's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SLR's short term assets (A$349.5M) exceed its short term liabilities (A$98.7M).
Long Term Liabilities: SLR's short term assets (A$349.5M) exceed its long term liabilities (A$68.3M).
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 2.1%.
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.
Balance Sheet
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Dividend
What is Silver Lake Resources's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
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.
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 SLR has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
7.8yrs
Average management tenure
CEO
Luke Tonkin (58 yo)
7.75yrs
Tenure
AU$1,933,334
Compensation
Mr. Luke Tonkin, BEng, MAusIMM, AICD, Min Eng, has been Director of Egan Street Resources Pty Ltd (formerly known as Egan Street Resources Limited) since November 22, 2019. Mr. Tonkin has been the Managing...
CEO Compensation Analysis
Compensation vs Market: Luke's total compensation ($USD1.37M) is above average for companies of similar size in the Australian market ($USD1.04M).
Compensation vs Earnings: Luke's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SLR's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Experienced Board: SLR's board of directors are considered experienced (6.8 years average tenure).
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 5.7%.
Top Shareholders
Company Information
Silver Lake Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Silver Lake Resources Limited
- Ticker: SLR
- Exchange: ASX
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Implied Market Cap: AU$1.371b
- Shares outstanding: 932.45m
- Website: https://www.silverlakeresources.com.au
Number of Employees
Location
- Silver Lake Resources Limited
- South Shore Centre
- Suite 4
- South Perth
- Western Australia
- 6151
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/14 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.