How does AS1's PB Ratio compare to its peers?

AS1 is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (1.8x).

How does AS1's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

AS1 is good value based on its Price-To-Book Ratio (0.7x) compared to the Australian Metals and Mining industry average (1.1x).

What is AS1's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate AS1's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of AS1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate AS1'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.

Asara Resources (CHIA:AS1) - Stock Price, News & Analysis

AS1 Stock Overview

Engages in the exploration and development of mineral resource properties in Australia, Guinea and Burkina Faso, and Chile. More details

AS1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings have grown 7.7% per year over the past 5 years

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Highly volatile share price over the past 3 months compared to the Australian market

Shareholders have been diluted in the past year

Does not have a meaningful market cap (A$19M)

Asara Resources Limited Competitors

African Gold

ASX:A1G

AU$19.7m

Metals Australia

ASX:MLS

AU$18.9m

Resources & Energy Group

ASX:REZ

AU$20.0m

Odyssey Gold

ASX:ODY

AU$17.1m

Price History & Performance

Summary of all time highs, changes and price drops for Asara Resources
Historical stock prices
Current Share Price	AU$0.022
52 Week High	AU$0.027
52 Week Low	AU$0.007
Beta	0.32
11 Month Change	0%
3 Month Change	100.00%
1 Year Change	100.00%
33 Year Change	-75.56%
5 Year Change	-88.72%
Change since IPO	-98.91%

Recent updates

Shareholder Returns

	AS1	AU Metals and Mining	AU Market
7D	10.0%	1.6%	0.9%
1Y	100.0%	-10.8%	18.4%

Return vs Industry: AS1 exceeded the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: AS1 exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is AS1's price volatile compared to industry and market?
AS1 volatility
AS1 Average Weekly Movement	18.1%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: AS1's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: AS1's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Tim Strong	asararesources.com

Asara Resources Limited engages in the exploration and development of mineral resource properties in Australia, Guinea and Burkina Faso, and Chile. The company primarily explores for gold, silver, zinc, lead, and copper deposits. Its flagship property is the Kada Gold project located in eastern Guinea.

Asara Resources Limited Fundamentals Summary

How do Asara Resources's earnings and revenue compare to its market cap?
AS1 fundamental statistics
Market cap	AU$19.41m
Earnings (TTM)	-AU$1.39m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-14.0x

P/E Ratio

Is AS1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AS1 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$1.39m
Earnings	-AU$1.39m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0016
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	1.9%

How did AS1 perform over the long term?

See historical performance and comparison

AS1 Stock Overview

Rewards

Risk Analysis

Asara Resources Limited Competitors

ASX:A1G

AU$19.7m

ASX:MLS

AU$18.9m

ASX:REZ

AU$20.0m

ASX:ODY

AU$17.1m

Price History & Performance

Recent News & Updates

Asara Resources Limited, Annual General Meeting, Nov 27, 2024

Asara Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.373819 million.

New minor risk - Financial data availability

Asara Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.417091 million.

BIC West Africa Limited agreed to acquire Kouri and Babonga gold projects from Asara Resources Limited (ASX:AS1) for AUD 3.2 million

Asara Resources Limited, Annual General Meeting, May 21, 2024

Recent updates

Asara Resources Limited, Annual General Meeting, Nov 27, 2024

Asara Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.373819 million.

New minor risk - Financial data availability

Asara Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.417091 million.

BIC West Africa Limited agreed to acquire Kouri and Babonga gold projects from Asara Resources Limited (ASX:AS1) for AUD 3.2 million

Asara Resources Limited, Annual General Meeting, May 21, 2024

Asara Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.805 million.

Asara Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.805 million.

Asara Resources Limited announced that it expects to receive AUD 0.805 million in funding

No independent directors

Golden Rim Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 7.09906 million.

Golden Rim Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 7.09906 million.

Golden Rim Resources Ltd, Annual General Meeting, Nov 28, 2023

No independent directors

New minor risk - Financial data availability

New minor risk - Financial data availability

Golden Rim Resources Ltd announced that it expects to receive AUD 1.5 million in funding

New minor risk - Share price stability

Golden Rim Resources Ltd Announces Secretary Changes

Golden Rim Intercepts Further Oxide Gold Zones At Kada's Bereko Prospect

Golden Rim Resources Ltd. Appoints Brett Montgomery as Chairman, Effective February 1, 2023

Insider recently bought AU$120k worth of stock

Golden Rim Resources Ltd Announces It Has Commenced A 10,000m Reverse Circulation (RC) Drilling Program At Its Flagship Kada Gold Project (Kada) in Guinea

No independent directors

Golden Rim Resources Ltd Appoints Dr. Doug Jones as Non Executive Director, Effective December 1, 2022

Golden Rim Resources Ltd Announces Craig Mackay Will Step Down as Managing Director

Golden Rim Resources Ltd, Annual General Meeting, Nov 29, 2022

Golden Rim Geophysical Surveying Identifies Additional Gold Targets at Kada

Golden Rim Geophysical Surveying Identifies Additional Gold Targets at Kada

Golden Rim Resources Ltd Announces Extensive additional oxide gold target areas at Bereko

BAOR SARL agreed to acquire Kouri and Babonga gold projects from Golden Rim Resources Ltd (ASX:GMR) for $15.5 million.

Golden Rim Resources Ltd Announces Gold Assay Results for 36 Reverse Circulation (RC) Drill Holes from Exploration and Infill Drilling At Its Kada Gold Project (Kada) in Guinea

Golden Rim Resources Ltd Commences Infill Auger Drilling At Bereko Gold Prospects

Golden Rim Resources Ltd Announces Gold Assay Results for 10 Reverse Circulation Drill Holes from Exploration Drilling At Its Kada Gold Project in Guinea

Golden Rim Resources Ltd Announces Gold Assay Results At Its Kada Gold Project in Guinea

No independent directors

Golden Rim Resources Ltd (ASX:GMR) acquired a 26% stake in Kada Gold Project in Guinea.

Golden Rim Resources Ltd Provides an Update on its Gold Project Interests in Guinea, West Africa

Golden Rim Resources Ltd Recommences Reverse Circulation Drilling At Its Kada Gold Project (Kada) in Guinea

Golden Rim Resources Ltd Comments Major Geophysical Survey At Kada Gold Project

Golden Rim Resources Ltd Provides Kada Gold Project Update

Golden Rim Resources Ltd Announces Kada Maiden Mineral Resource 930Koz Gold Incl. 670Koz Shallow Oxide-Transitional Gold

Golden Rim Resources Ltd Announces Assay Results from Second Round Auger Drilling and Rock Chip Sampling at its Kada Gold Project in Guinea

Golden Rim Resources Announces Gold Assay Results for 23 Reverse Circulation Drill Holes from Exploration Drilling and Resource Definition at the Kada Gold Project in Guinea

Golden Rim Resources Ltd Announces Further Gold Assay Results for Seven Reverse Circulation (RC) Drill Holes (Totalling 1,093m) from Its Second Round of Resource Definition Drilling At the Kada Gold Project (Kada) in Guinea

Golden Rim Resources Ltd Announces Gold Assay Results from Its Second Round of Resource Definition Drilling at the Kada Gold Project

Golden Rim Resources Ltd Announces High-Grade Assay Results from Its Second Round of Resource Definition Drilling At the Kada Gold Project in Guinea

Golden Rim Resources Ltd Announces Assay Results from Four Reverse Circulation Drill Holes At Its Kada Gold Project (Kada) in Guinea

Golden Rim Resources Ltd Continues to Outline Broad Oxide Gold Area At Kada Gold Project in Guinea

Golden Rim Resources Ltd to Provide Assay Results from Three Diamond Drill Holes At Its Kouri Gold Project in Burkina Faso

Golden Rim Resources Ltd Announces Assay Results from Two Diamond Drill Holes at its Kada Gold Project in Guinea

Golden Rim Resources Ltd to Provide Latest Drilling Results from Its Kouri Gold Project (Kouri) in Burkina Faso

Golden Rim Resources Ltd Announces Additional Geochemical Sample Results from the Loreto Copper Target at Its Paguanta Project in Northern Chile

Golden Rim Resources Ltd. Accelerates Maiden Mineral Resource Drillout at Kada Gold Project

Golden Rim Resources Ltd Receives Encouraging New Assay Results from Auger Drilling At Its Kada Gold Project (Kada) in Guinea

Golden Rim Resources Ltd Commences Major Exploration Program At Kada Gold Project

Golden Rim Resources Ltd, Annual General Meeting, Mar 24, 2021

Golden Rim Resources Ltd announced that it expects to receive AUD 5 million in funding

Golden Rim Resources Ltd (ASX:GMR) and Elta Madencilik Ticaret Anonim STI entered into a letter agreement to acquire a 51% stake in Ara Exploration SARLU for AUD 0.19 million.