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STK

Strickland MetalsASX:STK Stock Report

Market Cap

AU$96.1m

7D

23.3%

1Y

-4.3%

Updated

18 Oct, 2021

Data

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

STK Overview

Strickland Metals Limited operates as a mineral exploration company in Australia.

Strickland Metals Competitors

Black Cat Syndicate

ASX:BC8

AU$77.4m

Ausgold

ASX:AUC

AU$72.9m

Great Boulder Resources

ASX:GBR

AU$71.4m

Horizon Minerals

ASX:HRZ

AU$71.0m

Price History & Performance

Summary of all time highs, changes and price drops for Strickland Metals
Historical stock prices
Current Share PriceAU$0.09
52 Week HighAU$0.02
52 Week LowAU$0.13
Beta0.19
1 Month Change87.50%
3 Month Change87.50%
1 Year Change-4.26%
3 Year Change125.00%
5 Year Change12.50%
Change since IPO-95.81%

Recent News & Updates

Shareholder Returns

STKAU Metals and MiningAU Market
7D23.3%4.3%0.9%
1Y-4.3%12.2%20.2%

Return vs Industry: STK underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: STK underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is STK's price volatile compared to industry and market?
STK volatility
STK Beta0.19
Industry Beta0.97
Market Beta1

Stable Share Price: STK is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: STK's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2004n/aAndrew Brayhttps://www.stricklandmetals.com.au

Strickland Metals Limited operates as a mineral exploration company in Australia. The company explores for gold, copper, PGMs, nickel, cobalt, PGEs, silver, and base metal deposits. Its flagship project is the Horse Well Gold project covering an area of approximately 1,000 square kilometers located in the north-eastern goldfields of Western Australia.

Strickland Metals Fundamentals Summary

How do Strickland Metals's earnings and revenue compare to its market cap?
STK fundamental statistics
Market CapAU$96.09m
Earnings (TTM)-AU$3.86m
Revenue (TTM)n/a

0x

P/S Ratio

-25.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STK income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$3.86m
Earnings-AU$3.86m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0035
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did STK perform over the long term?

See historical performance and comparison

Valuation

Is Strickland Metals undervalued compared to its fair value and its price relative to the market?

8.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: STK is overvalued based on its PB Ratio (8x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Strickland Metals 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 Strickland Metals 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 Strickland Metals performed over the past 5 years?

-31.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STK is currently unprofitable.

Growing Profit Margin: STK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: STK is unprofitable, and losses have increased over the past 5 years at a rate of 31.3% per year.

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

Earnings vs Industry: STK 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: STK has a negative Return on Equity (-32.07%), as it is currently unprofitable.


Financial Health

How is Strickland Metals's financial position?


Financial Position Analysis

Short Term Liabilities: STK's short term assets (A$1.7M) exceed its short term liabilities (A$452.6K).

Long Term Liabilities: STK has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: STK is debt free.

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

Forecast Cash Runway: STK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.5% each year


Dividend

What is Strickland Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.5yrs

Average board tenure


CEO

Andrew Bray

0.50

Tenure

AU$407,292

Compensation

Mr. Andrew Gordon Bray, BEc LLB (Hons) serves as Chief Executive Officer at Strickland Metals Limited since April 12, 2021. He was Managing Director of Gateway Mining Limited since October 29, 2012 until M...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD302.30K) is about average for companies of similar size in the Australian market ($USD302.72K).

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


Board Members

Experienced Board: STK's board of directors are not considered experienced ( 0.5 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: STK 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 substantially diluted in the past year, with total shares outstanding growing by 161.2%.


Top Shareholders

Company Information

Strickland Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Strickland Metals Limited
  • Ticker: STK
  • Exchange: ASX
  • Founded: 2004
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$96.093m
  • Shares outstanding: 1.09b
  • Website: https://www.stricklandmetals.com.au

Location

  • Strickland Metals Limited
  • 7 The Esplanade
  • Suite 14
  • Mount Pleasant
  • Western Australia
  • 6153
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:05
End of Day Share Price2021/10/18 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.