company background image
SNG

Siren GoldASX:SNG Stock Report

Market Cap

AU$30.2m

7D

33.3%

1Y

-25.8%

Updated

15 Oct, 2021

Data

Company Financials
SNG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SNG Overview

Siren Gold Limited operates as a gold exploration company.

Price History & Performance

Summary of all time highs, changes and price drops for Siren Gold
Historical stock prices
Current Share PriceAU$0.36
52 Week HighAU$0.22
52 Week LowAU$0.86
Beta0
1 Month Change44.00%
3 Month Change44.00%
1 Year Change-25.77%
3 Year Changen/a
5 Year Changen/a
Change since IPO44.00%

Recent News & Updates

Jun 01
Companies Like Siren Gold (ASX:SNG) Are In A Position To Invest In Growth

Companies Like Siren Gold (ASX:SNG) Are In A Position To Invest In Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

SNGAU Metals and MiningAU Market
7D33.3%2.4%0.1%
1Y-25.8%10.1%19.3%

Return vs Industry: SNG underperformed the Australian Metals and Mining industry which returned 10.1% over the past year.

Return vs Market: SNG underperformed the Australian Market which returned 19.3% over the past year.

Price Volatility

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

Stable Share Price: SNG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: SNG's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aBrian Rodanhttps://www.sirengold.com.au

Siren Gold Limited operates as a gold exploration company. It primarily holds interests in the Alexander River, Big River, Reefton South, and Lyell projects located within the Reefton goldfield on the South Island of New Zealand. The company was incorporated in 2017 and is based in Western Perth, Australia.

Siren Gold Fundamentals Summary

How do Siren Gold's earnings and revenue compare to its market cap?
SNG fundamental statistics
Market CapAU$30.18m
Earnings (TTM)-AU$1.97m
Revenue (TTM)n/a

0x

P/S Ratio

-15.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SNG income statement (TTM)
Revenue-AU$48.00
Cost of RevenueAU$0
Gross Profit-AU$48.00
ExpensesAU$1.97m
Earnings-AU$1.97m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.023
Gross Margin100.00%
Net Profit Margin4,105,002.08%
Debt/Equity Ratio0.4%

How did SNG perform over the long term?

See historical performance and comparison

Valuation

Is Siren Gold undervalued compared to its fair value and its price relative to the market?

2.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: SNG 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 SNG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SNG is overvalued based on its PB Ratio (3x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

0.01%

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 Siren Gold 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 Siren Gold performed over the past 5 years?

-41.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNG is currently unprofitable.

Growing Profit Margin: SNG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SNG is unprofitable, and losses have increased over the past 5 years at a rate of 41.8% per year.

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

Earnings vs Industry: SNG 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: SNG has a negative Return on Equity (-19.51%), as it is currently unprofitable.


Financial Health

How is Siren Gold's financial position?


Financial Position Analysis

Short Term Liabilities: SNG's short term assets (A$5.6M) exceed its short term liabilities (A$597.6K).

Long Term Liabilities: SNG's short term assets (A$5.6M) exceed its long term liabilities (A$25.5K).


Debt to Equity History and Analysis

Debt Level: SNG's debt to equity ratio (0.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SNG's debt to equity ratio has reduced over the 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: SNG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SNG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 62.5% each year


Dividend

What is Siren Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.3yrs

Average management tenure


CEO

Brian Rodan

2.33yrs

Tenure

AU$233,775

Compensation

Mr. Brian Bernard Rodan, FAusIMM, is an Executive Chairman and Managing Director at Iceni Gold Limited since July 13, 2020. He serves as Executive Chairman of Siren Gold Limited since 2020 and serves as it...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD173.36K) is below average for companies of similar size in the Australian market ($USD300.24K).

Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.


Leadership Team

Experienced Management: SNG's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: SNG's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


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 3.6%.


Top Shareholders

Company Information

Siren Gold Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Siren Gold Limited
  • Ticker: SNG
  • Exchange: ASX
  • Founded: 2017
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$30.185m
  • Shares outstanding: 83.85m
  • Website: https://www.sirengold.com.au

Location

  • Siren Gold Limited
  • 295 Rokeby Road
  • Suite 1
  • West Perth
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:54
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.