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SLZ

Sultan ResourcesASX:SLZ Stock Report

Market Cap

AU$12.5m

7D

-5.3%

1Y

-30.8%

Updated

26 Oct, 2021

Data

Company Financials
SLZ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

SLZ Overview

Sultan Resources Limited explores for and develops mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Sultan Resources
Historical stock prices
Current Share PriceAU$0.18
52 Week HighAU$0.15
52 Week LowAU$0.32
Beta0.66
1 Month Change2.86%
3 Month Change0%
1 Year Change-30.77%
3 Year Change12.50%
5 Year Changen/a
Change since IPO-5.26%

Recent News & Updates

Jan 27
Sultan Resources Limited (ASX:SLZ) Insiders Increased Their Holdings

Sultan Resources Limited (ASX:SLZ) Insiders Increased Their Holdings

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

Shareholder Returns

SLZAU Metals and MiningAU Market
7D-5.3%-0.06%0.4%
1Y-30.8%15.4%24.3%

Return vs Industry: SLZ underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: SLZ underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is SLZ's price volatile compared to industry and market?
SLZ volatility
SLZ Beta0.66
Industry Beta0.97
Market Beta1

Stable Share Price: SLZ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SLZ's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018n/aSteve Groveshttps://www.sultanresources.com.au

Sultan Resources Limited explores for and develops mineral properties in Australia. It primarily explores for gold, copper, nickel, and cobalt deposits. The company holds interests in the Thaduna project located to the northeast of Meekatharra; the Lake Grace project situated to the southeast of Perth, Western Australia; the East Tallering project located to the northeast of Geraldton, Western Australia; the Lachlan fold belt project situated in Central New South Wales; and the Dalwallinu project located to the northeast of Perth, Western Australia.

Sultan Resources Fundamentals Summary

How do Sultan Resources's earnings and revenue compare to its market cap?
SLZ fundamental statistics
Market CapAU$12.52m
Earnings (TTM)-AU$888.85k
Revenue (TTM)AU$15.50k

818.2x

P/S Ratio

-14.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLZ income statement (TTM)
RevenueAU$15.50k
Cost of RevenueAU$0
Gross ProfitAU$15.50k
ExpensesAU$904.35k
Earnings-AU$888.85k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin100.00%
Net Profit Margin-5,734.87%
Debt/Equity Ratio0.0%

How did SLZ perform over the long term?

See historical performance and comparison

Valuation

Is Sultan Resources undervalued compared to its fair value and its price relative to the market?

1.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SLZ is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: SLZ is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SLZ is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Sultan Resources 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 Sultan Resources performed over the past 5 years?

-3.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SLZ is currently unprofitable.

Growing Profit Margin: SLZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SLZ's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare SLZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SLZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: SLZ has a negative Return on Equity (-13.56%), as it is currently unprofitable.


Financial Health

How is Sultan Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SLZ's short term assets (A$1.7M) exceed its short term liabilities (A$199.0K).

Long Term Liabilities: SLZ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SLZ is debt free.

Reducing Debt: SLZ has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SLZ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SLZ has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 40.2% each year.


Dividend

What is Sultan Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SLZ'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 SLZ'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?

3.4yrs

Average board tenure


CEO

Steve Groves

3.42yrs

Tenure

AU$122,151

Compensation

Mr. Steven Russell Groves, also known as Steve, serves as Technical Director and Director at SI6 Metals Limited. He was a Non-Executive Director of SI6 Metals Limited (formerly, Six Sigma Metals Limited an...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD91.68K) is below average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: SLZ's board of directors are considered experienced (3.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.6%.


Top Shareholders

Company Information

Sultan Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sultan Resources Limited
  • Ticker: SLZ
  • Exchange: ASX
  • Founded: 2018
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$12.516m
  • Shares outstanding: 69.53m
  • Website: https://www.sultanresources.com.au

Location

  • Sultan Resources Limited
  • 1 Altona Street
  • Suite 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:30
End of Day Share Price2021/10/26 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.