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SPR logo

Spartan Resources ASX:SPR Stock Report

Last Price

AU$1.27

Market Cap

AU$1.4b

7D

-10.2%

1Y

154.0%

Updated

20 Dec, 2024

Data

Company Financials +

Spartan Resources Limited

ASX:SPR Stock Report

Market Cap: AU$1.4b

SPR Stock Overview

Engages in the exploration, evaluation, and development of gold projects in Australia. More details

SPR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 92.2% below our estimate of its fair value

Earnings are forecast to grow 107.57% per year

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Shareholders have been diluted in the past year


My Notes

Capture your thoughts, links and company narrative

Spartan Resources Limited Competitors

West African Resources

ASX:WAF

AU$1.7b

Regis Resources

ASX:RRL

AU$2.0b

Strickland Metals

ASX:STK

AU$185.4m

St Barbara

ASX:SBM

AU$271.7m

Price History & Performance

Summary of share price highs, lows and changes for Spartan Resources
Historical stock prices
Current Share PriceAU$1.27
52 Week HighAU$1.67
52 Week LowAU$0.39
Beta0.27
1 Month Change3.25%
3 Month Change-8.30%
1 Year Change154.00%
3 Year Change330.51%
5 Year Changen/a
Change since IPO-66.58%

Recent News & Updates

Recent updates

We're Not Very Worried About Spartan Resources' (ASX:SPR) Cash Burn Rate

Sep 27
We're Not Very Worried About Spartan Resources' (ASX:SPR) Cash Burn Rate

Spartan Resources Limited's (ASX:SPR) Low P/S No Reason For Excitement

Jan 18
Spartan Resources Limited's (ASX:SPR) Low P/S No Reason For Excitement

Improved Revenues Required Before Spartan Resources Limited (ASX:SPR) Stock's 26% Jump Looks Justified

Oct 06
Improved Revenues Required Before Spartan Resources Limited (ASX:SPR) Stock's 26% Jump Looks Justified

Is Gascoyne Resources Limited (ASX:GCY) Popular Amongst Institutions?

Jan 20
Is Gascoyne Resources Limited (ASX:GCY) Popular Amongst Institutions?

Shareholder Returns

SPRAU Metals and MiningAU Market
7D-10.2%-6.9%-2.0%
1Y154.0%-19.1%7.8%

Return vs Industry: SPR exceeded the Australian Metals and Mining industry which returned -19.1% over the past year.

Return vs Market: SPR exceeded the Australian Market which returned 7.8% over the past year.

Price Volatility

Is SPR's price volatile compared to industry and market?
SPR volatility
SPR Average Weekly Movement9.8%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: SPR has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: SPR's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009n/aSimon Lawsonspartanresources.com.au

Spartan Resources Limited engages in the exploration, evaluation, and development of gold projects in Australia. The company’s flagship project is the Dalgaranga gold project, which covers an area of 500 square kilometers located to the north-west of Mt Magnet in Western Australia. The company was formerly known as Gascoyne Resources Limited and changed its name to Spartan Resources Limited in August 2023.

Spartan Resources Limited Fundamentals Summary

How do Spartan Resources's earnings and revenue compare to its market cap?
SPR fundamental statistics
Market capAU$1.41b
Earnings (TTM)-AU$50.84m
Revenue (TTM)n/a

0.0x

P/S Ratio

-27.8x

P/E Ratio

Is SPR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$6.17m
Gross Profit-AU$6.17m
Other ExpensesAU$44.67m
Earnings-AU$50.84m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.046
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did SPR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spartan Resources Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim McCormackCanaccord Genuity
Scott WilliamsonEuroz Hartleys Securities Limited