How does ASR's PS Ratio compare to its peers?

ASR is expensive based on its Price-To-Sales Ratio (45.6x) compared to the peer average (36.6x).

How does ASR's PS Ratio compare vs other companies in the AU Metals and Mining Industry?

ASR is good value based on its Price-To-Sales Ratio (45.6x) compared to the Australian Metals and Mining industry average (61.1x).

What is ASR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ASR's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of ASR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate ASR's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Asra Minerals (ASX:ASR) - Stock Price, News & Analysis

ASR Stock Overview

Engages in the exploration of gold and rare earth properties in Australia. More details

ASR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap (A$8M)

Earnings have declined by 54.2% per year over past 5 years

Makes less than USD$1m in revenue (A$171K)

+ 2 more risks

Asra Minerals Limited Competitors

DGR Global

ASX:DGR

AU$11.5m

Bulletin Resources

ASX:BNR

AU$12.0m

Viking Mines

ASX:VKA

AU$9.6m

Hawthorn Resources

ASX:HAW

AU$16.4m

Price History & Performance

Summary of all time highs, changes and price drops for Asra Minerals
Historical stock prices
Current Share Price	AU$0.0035
52 Week High	AU$0.009
52 Week Low	AU$0.003
Beta	0.089
11 Month Change	-22.22%
3 Month Change	-50.00%
1 Year Change	-56.25%
33 Year Change	-84.09%
5 Year Change	-70.83%
Change since IPO	-99.99%

Recent updates

Shareholder Returns

	ASR	AU Metals and Mining	AU Market
7D	16.7%	0.1%	1.2%
1Y	-56.3%	-9.9%	19.7%

Return vs Industry: ASR underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: ASR underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is ASR's price volatile compared to industry and market?
ASR volatility
ASR Average Weekly Movement	23.5%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: ASR's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: ASR's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1981	n/a	n/a	asraminerals.com.au

Asra Minerals Limited, together with its subsidiaries, engages in the exploration of gold and rare earth properties in Australia. Its flagship project is the Mt Stirling project, which covers an area of approximately 160 square kilometers located in Leonora, Western Australia. The company was formerly known as Torian Resources Limited and changed its name to Asra Minerals Limited in May 2022.

Asra Minerals Limited Fundamentals Summary

How do Asra Minerals's earnings and revenue compare to its market cap?
ASR fundamental statistics
Market cap	AU$7.81m
Earnings (TTM)	-AU$19.47m
Revenue (TTM)	AU$171.37k

45.6x

P/S Ratio

-0.4x

P/E Ratio

Is ASR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASR income statement (TTM)
Revenue	AU$171.37k
Cost of Revenue	AU$0
Gross Profit	AU$171.37k
Other Expenses	AU$19.64m
Earnings	-AU$19.47m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0087
Gross Margin	100.00%
Net Profit Margin	-11,358.64%
Debt/Equity Ratio	2.4%

How did ASR perform over the long term?

See historical performance and comparison

ASR Stock Overview

Risk Analysis

Asra Minerals Limited Competitors

ASX:DGR

AU$11.5m

ASX:BNR

AU$12.0m

ASX:VKA

AU$9.6m

ASX:HAW

AU$16.4m

Price History & Performance

Recent News & Updates

Asra Minerals Limited Announces Resignation of Bishoy Habib as Non-Executive Director

New major risk - Shareholder dilution

First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2023)

New major risk - Financial position

Asra Minerals Limited Announces Appointment Leonard Math as a Director

Asra Minerals Limited (ASX:ASR) agreed to acquire 70% stake in Kookynie East Gold Project from Kalgoorlie Mining Associates Pty Ltd.

Recent updates

Asra Minerals Limited Announces Resignation of Bishoy Habib as Non-Executive Director

New major risk - Shareholder dilution

First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2023)

New major risk - Financial position

Asra Minerals Limited Announces Appointment Leonard Math as a Director

Asra Minerals Limited (ASX:ASR) agreed to acquire 70% stake in Kookynie East Gold Project from Kalgoorlie Mining Associates Pty Ltd.

Asra Minerals Limited, Annual General Meeting, May 31, 2024

Full year 2023 earnings released: AU$0.014 loss per share (vs AU$0.004 loss in FY 2022)

Zuleika Gold Limited (ASX:ZAG) entered into an agreement to acquire remaining stake in Zuleika Gold Project Tenements from Asra Minerals Limited (ASX:ASR).

Asra Minerals Limited has announced a Derivatives Offering in the amount of AUD 0.262325 million.

Asra Minerals Limited Announces Executive Changes

New minor risk - Shareholder dilution

Asra Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5337 million.

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022)

We Think Asra Minerals (ASX:ASR) Has A Fair Chunk Of Debt

Is Asra Minerals (ASX:ASR) Weighed On By Its Debt Load?

Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2021)

Torian Resources Limited (ASX:TNR) completed acquisition of Tarmoola Station.

Asra Minerals Limited announced that it has received AUD 2.5 million in funding

No independent directors

Asra Minerals Limited Appoints Rob Longley as New Managing Director, Effective November 14, 2022

Asra Minerals Limited Provides an Update on Mt Stirling Project in Western Australia

Asra Minerals Limited Reports Early Drilling Across 93 Holes At the Company's Flagship Mt Stirling Project in Western Australia

First half 2022 earnings released: EPS: AU$0 (vs AU$0.002 loss in 1H 2021)

Asra Minerals Limited Provided Updates on Mt Stirling Project

Asra Minerals Limited Grants 13 New Tenements at its Mt Stirling Project in Western Australia

Asra Minerals Limited Announces Interim REE Mineralogical Study Yields Positive Results

Asra Minerals Limited announced that it expects to receive AUD 2.7006 million in funding

Asra Minerals Limited announced that it has received AUD 2.7006 million in funding

Asra Minerals Limited Announces Mt Stirling Project - Mineral Resource Estimate Update

Asra Minerals Limited Announces New Exploration Program to Target Ree and Critical Minerals

Asra Minerals Limited's Ongoing Drilling Campaign at its MT Stirling Project in Western Australia's Eastern Goldfields Has Returned Outstanding High Grade Gold Intercepts at the Estera Prospect

Asra Minerals Limited Announces MS-Viserion Significant High Grade Gold Extensions

Asra Minerals Limited Announces That Mt Stirling Continues to Return High Grade Gold Extensions

Here's Why Torian Resources (ASX:TNR) Can Afford Some Debt

Torian Resources Limited Announces New Wishbone Yttrium Discovery At Mt Stirling Project

No independent directors

Torian Resources Limited Provides Update on Mt Stirling Gold Project

Torian Resources Limited, Annual General Meeting, May 16, 2022

Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2020)

Torian Resources Limited Announces Yttria Hree Discovery Update on Fusion Assays and Preliminary Intercept Data

Torian Resources Limited Announces Update of Its 17,500M Drilling Campaign At the Mt Stirling Project

Torian Resources Limited Announces Further High Grade Intercepts at Mt Stirling Project

Torian Resources Limited Provides Update on Mt Stirling Project

Torian Resources Limited Provides Progress of Its 17,500M Drilling Campaign (Rc and Av Combined) At the Mt Stirling Project

Torian Resources Limited Announces the Discovery of "Yttria"

Torian Resources Limited provides progress of its 17,500m drilling campaign at the Mt Stirling Gold Project

Torian Resources Limited Announces Significant Results Extend the Mt Stirling Gold System

Torian Resources Limited Announces Mt Stirling Project Drill Update

Torian Resources Limited Announces Mt Stirling Project Drill Update

Torian Resources Limited Announces Launch of A 17,500m Drilling Campaign At the Mt Stirling Gold Project

Torian Resources Limited Announces Gold Mineralisation Has Been Confirmed at Various High Priority Targets by AV Drilling at the Mt Stirling Gold Project Within Anomalous Surface pXRF Arsenic Zones

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2020)

Torian Resources Limited (ASX:TNR) completed acquisition of Tarmoola Station.

Torian Resources Limited Reports Highlights of Mt Stirling Gold Project

Torian Resources Limited Announces Mt Stirling Interim Mineral Resource Estimate Update

Torian Resources Ltd. Announces Final Interim Resource Estimate Gold Results

Torian Resources Limited Receives Assay Results Received from the Mt Stirling Gold Project

Torian Resources Limited Announces Assay Results Received from the Mt Stirling Gold Project

Torian Resources Limited Announces Discovery of A New Gold Zone ~60M to the East of the Main Zone at Mt Stirling

Torian Resources Limited Announces Drilling Completed at Diorite East Results Pending