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White Rock Minerals

ASX:WRM
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WRM
ASX
A$11M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

White Rock Minerals Ltd operates as a minerals exploration and development company in Australia and Alaska. The last earnings update was 39 days ago. More info.


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  • White Rock Minerals has significant price volatility in the past 3 months.
WRM Share Price and Events
7 Day Returns
0%
ASX:WRM
-3.2%
AU Metals and Mining
-0%
AU Market
1 Year Returns
-22.2%
ASX:WRM
10.6%
AU Metals and Mining
4.9%
AU Market
WRM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
White Rock Minerals (WRM) 0% 27.3% 7.7% -22.2% -65% -56.3%
AU Metals and Mining -3.2% 0.5% 12.6% 10.6% 72.3% 7.8%
AU Market -0% 1% 6.3% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • WRM underperformed the Metals and Mining industry which returned 10.6% over the past year.
  • WRM underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
WRM
Industry
5yr Volatility vs Market

WRM Value

 Is White Rock Minerals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for White Rock Minerals. This is due to cash flow or dividend data being unavailable. The share price is A$0.007.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for White Rock Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are White Rock Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:WRM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:WRM Share Price ** ASX (2019-04-17) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.55x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of White Rock Minerals.

ASX:WRM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:WRM Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-3.75x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • White Rock Minerals is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • White Rock Minerals is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does White Rock Minerals's expected growth come at a high price?
Raw Data
ASX:WRM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 38 Publicly-Listed Metals and Mining Companies 0.65x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for White Rock Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on White Rock Minerals's assets?
Raw Data
ASX:WRM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:WRM Share Price * ASX (2019-04-17) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 584 Publicly-Listed Metals and Mining Companies 1.52x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:WRM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:WRM Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

0.62x

* Primary Listing of White Rock Minerals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • White Rock Minerals is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess White Rock Minerals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. White Rock Minerals has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WRM Future Performance

 How is White Rock Minerals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is White Rock Minerals expected to grow at an attractive rate?
  • Unable to compare White Rock Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare White Rock Minerals's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare White Rock Minerals's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:WRM Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:WRM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:WRM Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -2
2018-09-30 -2 -3
2018-06-30 -2 -3
2018-03-31 -1 -3
2017-12-31 -1 -4
2017-09-30 -1 -3
2017-06-30 -1 -3
2017-03-31 -1 -3
2016-12-31 -1 -2
2016-09-30 -1 -2
2016-06-30 -1 -2
2016-03-31 0 -1 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if White Rock Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if White Rock Minerals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:WRM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from White Rock Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WRM Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if White Rock Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine White Rock Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. White Rock Minerals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. White Rock Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess White Rock Minerals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
White Rock Minerals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WRM Past Performance

  How has White Rock Minerals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare White Rock Minerals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • White Rock Minerals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare White Rock Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare White Rock Minerals's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
White Rock Minerals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from White Rock Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WRM Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -2.38 1.97
2018-09-30 -2.54 1.87
2018-06-30 -2.71 1.76
2018-03-31 -3.11 1.60
2017-12-31 -3.51 1.44
2017-09-30 -3.37 1.39
2017-06-30 -3.23 1.34
2017-03-31 -2.70 1.40
2016-12-31 -2.18 1.45
2016-09-30 -1.94 1.35
2016-06-30 -1.70 1.26
2016-03-31 0.00 -9.03 1.18
2015-12-31 0.00 -16.35 1.10
2015-09-30 0.02 -16.19 1.18
2015-06-30 0.03 -16.02 1.26
2015-03-31 0.02 -8.49 1.17
2014-12-31 0.01 -0.97 1.08
2014-09-30 0.00 -1.09 1.19
2014-06-30 -1.21 1.31
2014-03-31 0.01 -0.91 1.41
2013-12-31 0.02 -0.61 1.50
2013-09-30 0.01 -0.49 1.40
2013-06-30 -0.36 1.29
2013-03-31 -0.97 1.28
2012-12-31 -1.58 1.27
2012-09-30 -1.52 1.23
2012-06-30 -1.47 1.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if White Rock Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if White Rock Minerals has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if White Rock Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess White Rock Minerals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
White Rock Minerals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WRM Health

 How is White Rock Minerals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up White Rock Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • White Rock Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • White Rock Minerals's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of White Rock Minerals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • White Rock Minerals has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from White Rock Minerals Company Filings, last reported 3 months ago.

ASX:WRM Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 18.40 0.00 1.55
2018-09-30 18.40 0.00 1.55
2018-06-30 15.59 0.00 1.98
2018-03-31 15.59 0.00 1.98
2017-12-31 13.59 0.00 1.42
2017-09-30 13.59 0.00 1.42
2017-06-30 14.92 0.00 3.29
2017-03-31 14.92 0.00 3.29
2016-12-31 15.54 0.00 3.78
2016-09-30 15.54 0.00 3.78
2016-06-30 11.70 0.00 0.26
2016-03-31 11.70 0.00 0.26
2015-12-31 10.47 0.00 0.43
2015-09-30 10.47 0.00 0.43
2015-06-30 10.43 0.00 0.35
2015-03-31 10.43 0.00 0.35
2014-12-31 25.16 0.00 0.83
2014-09-30 25.16 0.00 0.83
2014-06-30 25.56 0.00 1.88
2014-03-31 25.56 0.00 1.88
2013-12-31 26.00 0.00 2.97
2013-09-30 26.00 0.00 2.97
2013-06-30 24.63 0.00 2.89
2013-03-31 24.63 0.00 2.89
2012-12-31 19.19 0.00 1.13
2012-09-30 19.19 0.00 1.13
2012-06-30 19.68 0.00 2.62
  • White Rock Minerals has no debt.
  • White Rock Minerals has not taken on any debt in the 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.

  • White Rock Minerals has less than a year of cash runway based on current free cash flow.
  • White Rock Minerals has less than a year of cash runway if free cash flow continues to grow at historical rates of 41.9% each year.
X
Financial health checks
We assess White Rock Minerals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. White Rock Minerals has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WRM Dividends

 What is White Rock Minerals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from White Rock Minerals dividends.
If you bought A$2,000 of White Rock Minerals shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate White Rock Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate White Rock Minerals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:WRM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as White Rock Minerals has not reported any payouts.
  • Unable to verify if White Rock Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of White Rock Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as White Rock Minerals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess White Rock Minerals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can White Rock Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. White Rock Minerals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WRM Management

 What is the CEO of White Rock Minerals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Matt Gill
COMPENSATION A$425,770
TENURE AS CEO 3.1 years
CEO Bio

Mr. Matthew Gill, also known as Matt, serves as Non-Executive Director at AuStar Gold Limited (formerly known as Mantle Mining Corporation Limited). Mr. Gill is a mining engineer with over 35 years’ experience. Mr. Gill serves as Managing Director and COO at White Rock Minerals Ltd. and has been its Executive Director since August 01, 2016. He has been Chief Executive Officer of White Rock Minerals Limited since March 29, 2016. He served as Chief Operating Officer of White Rock Minerals Limited from May 25, 2015 to April 2016. He has a strong technical, operational and executive management background; having worked as an underground miner, mine planning engineer, supervisor, general Manager and Managing Director in Australia, Papua New Guinea, India, Ghana and Bolivia. He holds three First Class Metalliferous Mine Manager’s Certificates of Competency and has been instrumental in the successful development of three gold mines (Porgera, Beaconsfield and Ballarat). He is a three-time winner of the Australian Mine Manager of the Year Award and received the AusIMM Leadership Award in 2008. Previously, he was Group Chief Operating Officer for Singapore-listed LionGold Corp. Also, he has worked for Castlemaine Goldfields, Rio Tinto, WMC, Placer Pacific and Renison Goldfields. He is currently a Non-Executive Director of Mantle Mining Corp. He also provides technical, leadership and risk management consultancy advice to industry, including Myanmar’s largest gold mine and is a lecturer for mining engineering undergraduates at Monash University.

CEO Compensation
  • Matt's compensation has increased whilst company is loss making.
  • Matt's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the White Rock Minerals management team in years:

3.2
Average Tenure
  • The tenure for the White Rock Minerals management team is about average.
Management Team

Matt Gill

TITLE
MD, CEO
COMPENSATION
A$426K
TENURE
3.1 yrs

Rohan Worland

TITLE
Exploration Manager
COMPENSATION
A$233K
TENURE
3.2 yrs

Shane Turner

TITLE
Company Secretary & CFO
TENURE
3.7 yrs
Board of Directors Tenure

Average tenure of the White Rock Minerals board of directors in years:

1.1
Average Tenure
  • The average tenure for the White Rock Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Lester

TITLE
Non Executive Chairman
COMPENSATION
A$33K
AGE
69
TENURE
0.3 yrs

Matt Gill

TITLE
MD, CEO
COMPENSATION
A$426K
TENURE
2.7 yrs

Jeremy Gray

TITLE
Non-Independent Non-Executive Director
COMPENSATION
A$33K
AGE
48
TENURE
1.9 yrs

Stephen Gorenstein

TITLE
Non-Executive Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess White Rock Minerals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. White Rock Minerals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WRM News

Simply Wall St News

Do Directors Own White Rock Minerals Ltd (ASX:WRM) Shares?

A look at the shareholders of White Rock Minerals Ltd (ASX:WRM) can tell us which group is most powerful. … White Rock Minerals is a smaller company with a market capitalization of AU$11m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for White Rock Minerals

Simply Wall St -

Where White Rock Minerals Ltd's (ASX:WRM) Earnings Growth Stands Against Its Industry

Measuring White Rock Minerals Ltd's (ASX:WRM) track record of past performance is an insightful exercise for investors. … Below, I will assess WRM's recent performance announced on 31 December 2017 and compare these figures to its historical trend and industry movements. … Commentary On WRM's Past Performance

Simply Wall St -

Does White Rock Minerals Ltd's (ASX:WRM) CEO Pay Matter?

See our latest analysis for White Rock Minerals What has been the trend in WRM's earnings? … Normally I would look at market cap and earnings as a proxy for performance, however, WRM's negative earnings reduces the effectiveness of this method. … If you have not done so already, I urge you to complete your research by taking a look at the following: Governance: To find out more about WRM's governance, look through our infographic report of the company's board and management.

Simply Wall St -

Want To Invest In White Rock Minerals Ltd (ASX:WRM)? Here's How It Performed Lately

After looking at White Rock Minerals Ltd's (ASX:WRM) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … For White Rock Minerals, its most recent earnings (trailing twelve month) is -AU$3.51M, which, in comparison to the previous year's level, has become more negative. … ASX:WRM Income Statement May 1st 18 We can further analyze White Rock Minerals's loss by looking at what the industry has been experiencing over the past few years.

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What You Must Know About White Rock Minerals Ltd's (ASX:WRM) Risks

If you are looking to invest in White Rock Minerals Ltd’s (ASX:WRM), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … White Rock Minerals has a beta of 2.96, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … WRM, with its market capitalisation of AUD A$12.20M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Who Owns White Rock Minerals Ltd (ASX:WRM)?

Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Private Company Ownership Potential investors in WRM should also look at another important group of investors: private companies, with a stake of 12.38%, who are primarily invested because of strategic and capital gain interests. … The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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WRM Company Info

Description

White Rock Minerals Ltd operates as a minerals exploration and development company in Australia and Alaska. It primarily explores for gold, silver, zinc, lead, and copper resources. The company’s principal asset is the Mt Carrington gold-silver project covering an area of 183 square kilometers located in northern New South Wales, Australia. It also holds 100% interests in the Red Mountain Project covering an area of 143 square kilometers located in the Bonnifield Mining District of central Alaska. The company was incorporated in 2010 and is based in Ballarat, Australia.

Details
Name: White Rock Minerals Ltd
WRM
Exchange: ASX
Founded: 2010
A$11,455,205
1,636,457,861
Website: http://www.whiterockminerals.com.au
Address: White Rock Minerals Ltd
24 Skipton Street,
Ballarat,
Victoria, 3350,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX WRM Ordinary Shares Australian Securities Exchange AU AUD 08. Oct 2010
CHIA WRM Ordinary Shares Chi-X Australia AU AUD 08. Oct 2010
Number of employees
Current staff
Staff numbers
0
White Rock Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 10:34
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.