Stock Analysis Report

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Executive Summary

Strike Resources Limited operates as a mineral exploration company in Australia, Argentina, and Peru. More Details

Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Strike Resources's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: SRK is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: SRK's weekly volatility (13%) has been stable over the past year.

Market Performance

7 Day Return




AU Metals and Mining


AU Market

1 Year Return




AU Metals and Mining


AU Market

Return vs Industry: SRK exceeded the Australian Metals and Mining industry which returned 18.9% over the past year.

Return vs Market: SRK exceeded the Australian Market which returned 1.7% over the past year.

Shareholder returns

7 Day0%0.9%-1.1%
30 Day33.0%10.6%10.8%
90 Day-16.7%3.5%8.1%
1 Year140.4%140.4%25.3%18.9%5.2%1.7%
3 Year104.9%104.9%64.2%41.5%24.1%8.7%
5 Year160.4%160.4%213.6%154.2%58.8%26.5%

Long-Term Price Volatility Vs. Market

How volatile is Strike Resources's share price compared to the market and industry in the last 5 years?

Simply Wall St News


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


Price to Book (PB) ratio

Share Price vs. Fair Value

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

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

Price To Earnings Ratio

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

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

Price to Book Ratio

PB vs Industry: SRK is overvalued based on its PB Ratio (6.1x) compared to the AU Metals and Mining industry average (2.5x).

Next Steps

Future Growth

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


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 Strike 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.

Next Steps

Past Performance

How has Strike Resources performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SRK is currently unprofitable.

Growing Profit Margin: SRK is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: SRK is unprofitable, and losses have increased over the past 5 years at a rate of 23.3% per year.

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

Earnings vs Industry: SRK is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).

Return on Equity

High ROE: SRK has a negative Return on Equity (-33.1%), as it is currently unprofitable.

Next Steps

Financial Health

How is Strike Resources's financial position?

Financial Position Analysis

Short Term Liabilities: SRK's short term assets (A$3.5M) exceed its short term liabilities (A$254.4K).

Long Term Liabilities: SRK has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: SRK is debt free.

Reducing Debt: SRK 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: SRK has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SRK has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 9.4% each year.

Next Steps


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

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SRK'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 SRK's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


William Johnson (58 yo)





Mr. William Matthew Johnson, MA (Oxon), MBA, MAICD, has been the Managing Director at Strike Resources Limited since March 25, 2013 and has been its Director since July 14, 2006. Mr. Johnson served as Chai...

CEO Compensation Analysis

Compensation vs Market: William's total compensation ($USD168.14K) is below average for companies of similar size in the Australian market ($USD281.14K).

Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.

Board Members

Farooq Khan
Executive Chairman5yrsAU$87.60k0.88%
A$ 217.6k
William Johnson
MD & Director7.75yrsAU$227.76k0.17%
A$ 41.9k
Poh Ho
Company Secretary & Executive Director6.92yrsAU$104.03kno data
Malcolm Richmond
Independent Non-Executive Director14.17yrsAU$39.69kno data
Matthew Charles Hammond
Non-Executive Director11.25yrsAU$36.25kno data


Average Tenure


Average Age

Experienced Board: SRK's board of directors are seasoned and experienced ( 11.3 years average tenure).


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 23.9%.

Top Shareholders

Company Information

Strike Resources Limited's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Strike Resources Limited
  • Ticker: SRK
  • Exchange: ASX
  • Founded: 1999
  • Industry: Steel
  • Sector: Materials
  • Market Cap: AU$24.856m
  • Shares outstanding: 207.13m
  • Website:


  • Strike Resources Limited
  • 31 Ventnor Avenue
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SRKASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2000
SRKCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2000


Strike Resources Limited operates as a mineral exploration company in Australia, Argentina, and Peru. The company primarily explores for iron ore, graphite, gold, and lithium deposits. Its flagship project...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 07:04
End of Day Share Price2020/12/03 00:00
Annual Earnings2020/06/30

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.