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SUP

Superior Lake ResourcesASX:SUP Stock Report

Market Cap

AU$21.5m

7D

0%

1Y

-21.2%

Updated

14 Oct, 2021

Data

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

SUP Overview

Superior Lake Resources Limited explores for and develops mineral prospects.

Price History & Performance

Summary of all time highs, changes and price drops for Superior Lake Resources
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.12
52 Week LowAU$0.24
Beta0.57
1 Month Change0%
3 Month Change8.33%
1 Year Change-21.21%
3 Year Change-72.34%
5 Year Change-82.19%
Change since IPO-94.35%

Recent News & Updates

Jan 28
How Much Are Superior Lake Resources Limited (ASX:SUP) Insiders Taking Off The Table?

How Much Are Superior Lake Resources Limited (ASX:SUP) Insiders Taking Off The Table?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...

Shareholder Returns

SUPAU Metals and MiningAU Market
7D0%2.6%0.3%
1Y-21.2%7.4%17.9%

Return vs Industry: SUP underperformed the Australian Metals and Mining industry which returned 7.4% over the past year.

Return vs Market: SUP underperformed the Australian Market which returned 17.9% over the past year.

Price Volatility

Is SUP's price volatile compared to industry and market?
SUP volatility
SUP Beta0.57
Industry Beta0.97
Market Beta1

Stable Share Price: Insufficient data to determine SUP's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine SUP's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aGrant Burnaford Daveyhttps://www.superiorlake.com.au

Superior Lake Resources Limited explores for and develops mineral prospects. The company primarily explores for zinc, copper, uranium, and gold deposits. It holds interests in the Superior Lake Zinc project that consists of Winston Lake and Pick Lake deposits covering an area of approximately 175 square kilometers in the province of Ontario, Canada.

Superior Lake Resources Fundamentals Summary

How do Superior Lake Resources's earnings and revenue compare to its market cap?
SUP fundamental statistics
Market CapAU$21.46m
Earnings (TTM)-AU$6.40m
Revenue (TTM)n/a

-1.4kx

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SUP income statement (TTM)
Revenue-AU$15.10k
Cost of RevenueAU$0
Gross Profit-AU$15.10k
ExpensesAU$6.38m
Earnings-AU$6.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.039
Gross Margin100.00%
Net Profit Margin42,392.48%
Debt/Equity Ratio10.2%

How did SUP perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether Superior Lake Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Superior Lake Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

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

-0.009%

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 Lake 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 Lake Resources performed over the past 5 years?

-18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SUP is currently unprofitable.

Growing Profit Margin: SUP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SUP is unprofitable, and losses have increased over the past 5 years at a rate of 18.7% per year.

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

Earnings vs Industry: SUP 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: SUP has a negative Return on Equity (-229.34%), as it is currently unprofitable.


Financial Health

How is Superior Lake Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SUP's short term assets (A$1.9M) exceed its short term liabilities (A$490.9K).

Long Term Liabilities: SUP's short term assets (A$1.9M) exceed its long term liabilities (A$307.0K).


Debt to Equity History and Analysis

Debt Level: SUP's debt to equity ratio (10.2%) is considered satisfactory.

Reducing Debt: SUP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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

Forecast Cash Runway: SUP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.1% each year


Dividend

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


Dividend Yield vs Market

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

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

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

1.3yrs

Average board tenure


CEO

Grant Burnaford Davey (48 yo)

1.75yrs

Tenure

AU$240,000

Compensation

Mr. Grant Lawrence Burnaford Davey, BSc Mining Eng. (Wits) has been Managing Director at Superior Lake Resources Limited since 2020 and serves as its Non-Executive Director. He has been Non-Executive Direc...


CEO Compensation Analysis

Compensation vs Market: Grant's total compensation ($USD176.80K) is below average for companies of similar size in the Australian market ($USD300.22K).

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


Board Members

Experienced Board: SUP's board of directors are not considered experienced ( 1.3 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 3.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Superior Lake Resources Limited
  • Ticker: SUP
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$21.458m
  • Shares outstanding: 165.06m
  • Website: https://www.superiorlake.com.au

Location

  • Superior Lake Resources Limited
  • Emerald House
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 07:04
End of Day Share Price2021/08/11 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.