Executive Summary
Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration and production of gold and copper deposits in Australia. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 11.6% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
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 +/- 8% a week.
Volatility Over Time: SLR's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-1.2%
SLR
3.0%
AU Metals and Mining
2.6%
AU Market
1 Year Return
5.7%
SLR
26.8%
AU Metals and Mining
-0.4%
AU Market
Return vs Industry: SLR underperformed the Australian Metals and Mining industry which returned 26.8% over the past year.
Return vs Market: SLR exceeded the Australian Market which returned -0.4% over the past year.
Shareholder returns
| SLR | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | 3.0% | 2.6% |
| 30 Day | -4.8% | 8.5% | 3.4% |
| 90 Day | -25.0% | 28.5% | 14.6% |
| 1 Year | 5.7%5.7% | 33.7%26.8% | 3.0%-0.4% |
| 3 Year | 348.0%348.0% | 71.9%48.3% | 26.6%11.0% |
| 5 Year | 572.0%572.0% | 277.5%210.0% | 67.5%33.9% |
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
6 days ago | Simply Wall St
What Can We Make Of Silver Lake Resources' (ASX:SLR) CEO Compensation?3 weeks ago | Simply Wall St
Who Has Been Selling Silver Lake Resources Limited (ASX:SLR) Shares?1 month ago | Simply Wall St
Could The Silver Lake Resources Limited (ASX:SLR) Ownership Structure Tell Us Something Useful?Valuation
Is Silver Lake Resources undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SLR (A$1.68) is trading below our estimate of fair value (A$6.13)
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 (5.4x) compared to the AU Metals and Mining industry average (15.2x).
PE vs Market: SLR is good value based on its PE Ratio (5.4x) compared to the Australian market (23.5x).
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 (1.9x) compared to the AU Metals and Mining industry average (3x).
Next Steps
Future Growth
How is Silver Lake Resources forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-11.6%
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 (-11.6% per year).
Earnings vs Market: SLR's earnings are forecast to decline over the next 3 years (-11.6% per year).
High Growth Earnings: SLR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SLR's revenue (5.4% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: SLR's revenue (5.4% 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 (13.8%).
Next Steps
Past Performance
How has Silver Lake Resources performed over the past 5 years?
88.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLR has a high level of non-cash earnings.
Growing Profit Margin: SLR's current net profit margins (45.6%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: SLR has become profitable over the past 5 years, growing earnings by 88.1% per year.
Accelerating Growth: SLR's earnings growth over the past year (3722.2%) exceeds its 5-year average (88.1% per year).
Earnings vs Industry: SLR earnings growth over the past year (3722.2%) exceeded the Metals and Mining industry 38%.
Return on Equity
High ROE: SLR's Return on Equity (32.3%) is considered high.
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Financial Health
How is Silver Lake Resources's financial position?
Financial Position Analysis
Short Term Liabilities: SLR's short term assets (A$333.4M) exceed its short term liabilities (A$99.0M).
Long Term Liabilities: SLR's short term assets (A$333.4M) exceed its long term liabilities (A$73.6M).
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 8.9%.
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 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.
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Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Luke Tonkin (56 yo)
6.17yrs
Tenure
AU$1,672,614
Compensation
Mr. Luke Tonkin, BEng, MAusIMM, AICD, Min Eng, has been Director of Egan Street Resources Pty Ltd (formerly known as Egan Street Resources Limited) since November 22, 2019. Mr. Tonkin has been the Managing...
CEO Compensation Analysis
Compensation vs Market: Luke's total compensation ($USD1.29M) is above average for companies of similar size in the Australian market ($USD934.34K).
Compensation vs Earnings: Luke's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 6.17yrs | AU$1.67m | 0.060% A$ 887.0k | |
| Chief Financial Officer | 4.75yrs | AU$741.84k | 0.021% A$ 307.9k | |
| General Counsel & Company Secretary | 6.33yrs | AU$707.32k | 0.023% A$ 345.2k | |
| Exploration & Geology Manager | 6.33yrs | AU$610.40k | 0.017% A$ 246.3k | |
| General Manager of Deflector Operations | no data | AU$595.20k | 0.0036% A$ 52.9k | |
| Corporate Development Officer | 3yrs | no data | no data |
6.2yrs
Average Tenure
Experienced Management: SLR's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 6.17yrs | AU$1.67m | 0.060% A$ 887.0k | |
| Independent Non-Executive Director | 1.75yrs | AU$125.93k | 0.0021% A$ 30.5k | |
| Independent Non-Executive Chairman | 5.33yrs | AU$219.00k | no data | |
| Independent Non-Executive Director | 4.92yrs | AU$125.93k | no data |
5.1yrs
Average Tenure
60.5yo
Average Age
Experienced Board: SLR's board of directors are considered experienced (5.1 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Silver Lake Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Silver Lake Resources Limited
- Ticker: SLR
- Exchange: ASX
- Founded: NaN
- Industry: Gold
- Sector: Materials
- Market Cap: AU$1.481b
- Shares outstanding: 881.58m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SLR | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Nov 2007 |
| 4SL | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2007 |
| SVLK.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Nov 2007 |
| SLR | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Nov 2007 |
Biography
Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration and production of gold and copper deposits in Australia. The company holds interests in six mines and two processin...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 07:06 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.