White Rock Minerals Ltd engages in the exploration and development of mineral properties in Australia and the United States.
White Rock Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.32|
|52 Week High||AU$0.27|
|52 Week Low||AU$0.65|
|1 Month Change||8.48%|
|3 Month Change||-35.35%|
|1 Year Change||-41.82%|
|3 Year Change||-46.67%|
|5 Year Change||-78.67%|
|Change since IPO||-99.11%|
Recent News & Updates
|WRM||AU Metals and Mining||AU Market|
Return vs Industry: WRM underperformed the Australian Metals and Mining industry which returned 10.1% over the past year.
Return vs Market: WRM underperformed the Australian Market which returned 19.3% over the past year.
Stable Share Price: WRM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: WRM's weekly volatility (8%) has been stable over the past year.
About the Company
White Rock Minerals Ltd engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for gold, silver, zinc, lead, and copper resources. Its principal property is its 100% owned the Red Mountain Project covering an area of 798 square kilometers located in the Bonnifield Mining District of central Alaska; and the Mt Carrington gold-silver project covering an area of 183 square kilometers located in northern New South Wales, Australia.
White Rock Minerals Fundamentals Summary
|WRM fundamental statistics|
Is WRM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WRM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.068|
|Net Profit Margin||-18,672.64%|
How did WRM perform over the long term?See historical performance and comparison
Is White Rock Minerals 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 WRM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WRM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WRM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: WRM 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 WRM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WRM is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.5x).
How is White Rock Minerals 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 White Rock Minerals 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.
How has White Rock Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WRM is currently unprofitable.
Growing Profit Margin: WRM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WRM is unprofitable, but has reduced losses over the past 5 years at a rate of 39.2% per year.
Accelerating Growth: Unable to compare WRM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WRM 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: WRM has a negative Return on Equity (-21.21%), as it is currently unprofitable.
How is White Rock Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: WRM's short term assets (A$16.4M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: WRM's short term assets (A$16.4M) exceed its long term liabilities (A$6.7M).
Debt to Equity History and Analysis
Debt Level: WRM is debt free.
Reducing Debt: WRM has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if WRM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WRM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is White Rock Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WRM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WRM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WRM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WRM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WRM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Matthew Gill, also known as Matt, B.E (Hons, Mining), M Eng Sc, FAusIMM, GAICD, served as an Independent Non-Executive Director at AuStar Gold Limited (former name Mantle Mining Corporation Limited) si...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD340.24K) is about average for companies of similar size in the Australian market ($USD300.24K).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
Experienced Management: WRM's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: WRM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 96%.
White Rock Minerals Ltd's employee growth, exchange listings and data sources
- Name: White Rock Minerals Ltd
- Ticker: WRM
- Exchange: ASX
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$45.589m
- Shares outstanding: 142.47m
- Website: https://www.whiterockminerals.com.au
- White Rock Minerals Ltd
- 12 Anderson Street West
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 15:49|
|End of Day Share Price||2021/10/15 00:00|
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.