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SPQ

Superior ResourcesASX:SPQ Stock Report

Market Cap

AU$19.5m

7D

-7.1%

1Y

0%

Updated

22 Oct, 2021

Data

Company Financials
SPQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SPQ Overview

Superior Resources Limited engages in the mineral exploration business in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Superior Resources
Historical stock prices
Current Share PriceAU$0.013
52 Week HighAU$0.01
52 Week LowAU$0.025
Beta-0.35
1 Month Change18.18%
3 Month Change-7.14%
1 Year Change0%
3 Year Change116.67%
5 Year Change116.67%
Change since IPO-92.57%

Recent News & Updates

Shareholder Returns

SPQAU Metals and MiningAU Market
7D-7.1%-0.3%0.7%
1Y0%12.5%21.4%

Return vs Industry: SPQ underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: SPQ underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is SPQ's price volatile compared to industry and market?
SPQ volatility
SPQ Beta-0.35
Industry Beta0.97
Market Beta1

Stable Share Price: SPQ is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: SPQ's weekly volatility has decreased from 19% to 14% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2005n/aPeter Hwanghttps://www.superiorresources.com.au

Superior Resources Limited engages in the mineral exploration business in Australia. The company explores for lead, zinc, silver, copper, gold, nickel, cobalt, and uranium deposits. It primarily holds interests in the Mount Isa style project located in northwest Queensland; and the volcanogenic massive sulphide and porphyry style copper-gold deposits situated in northeast Queensland.

Superior Resources Fundamentals Summary

How do Superior Resources's earnings and revenue compare to its market cap?
SPQ fundamental statistics
Market CapAU$19.54m
Earnings (TTM)-AU$569.58k
Revenue (TTM)n/a

0x

P/S Ratio

-35.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SPQ income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$569.58k
Earnings-AU$569.58k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00037
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did SPQ perform over the long term?

See historical performance and comparison

Valuation

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

2.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SPQ is overvalued based on its PB Ratio (2.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Superior 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 Superior Resources performed over the past 5 years?

24.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SPQ is currently unprofitable.

Growing Profit Margin: SPQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SPQ is unprofitable, but has reduced losses over the past 5 years at a rate of 24.8% per year.

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

Earnings vs Industry: SPQ 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: SPQ has a negative Return on Equity (-7.86%), as it is currently unprofitable.


Financial Health

How is Superior Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SPQ's short term assets (A$1.8M) exceed its short term liabilities (A$665.9K).

Long Term Liabilities: SPQ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SPQ is debt free.

Reducing Debt: SPQ 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: SPQ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SPQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19% each year


Dividend

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


Dividend Yield vs Market

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

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

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

7.2yrs

Average board tenure


CEO

Peter Hwang (52 yo)

8.5yrs

Tenure

AU$244,276

Compensation

Mr. Peter Henry Hwang, B.Sc.(Hons), LLB, MAIG, MGSA, MQLS, has been the Managing Director of Superior Resources Limited since April 22, 2013. Mr. Hwang has experience as a gold, base metals and diamond exp...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD182.94K) is below average for companies of similar size in the Australian market ($USD303.33K).

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


Board Members

Experienced Board: SPQ's board of directors are considered experienced (7.2 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 29.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: Superior Resources Limited
  • Ticker: SPQ
  • Exchange: ASX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$19.537m
  • Shares outstanding: 1.50b
  • Website: https://www.superiorresources.com.au

Location

  • Superior Resources Limited
  • 61 Holdsworth Street
  • Unit 8
  • Coorparoo
  • Queensland
  • 4151
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/22 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.