How does AS2's PB Ratio compare to its peers?

AS2 is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (0.5x).

How does AS2's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

AS2 is good value based on its Price-To-Book Ratio (0.2x) compared to the Australian Metals and Mining industry average (1.2x).

What is AS2'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 AS2's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of AS2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate AS2'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.

Askari Metals (CHIA:AS2) - Stock Price, News & Analysis

AS2 Stock Overview

Engages in the acquisition, exploration, and development activities in Western Australia, Northern Territory, and New South Wales. More details

AS2 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 46.3% per year over past 5 years

Makes less than USD$1m in revenue (A$12K)

Does not have a meaningful market cap (A$2M)

Shares are highly illiquid

+ 1 more risk

Askari Metals Limited Competitors

Conico

ASX:CNJ

AU$2.2m

Ragusa Minerals

ASX:RAS

AU$2.0m

Sultan Resources

ASX:SLZ

AU$1.6m

Mamba Exploration

ASX:M24

AU$1.9m

Price History & Performance

Summary of all time highs, changes and price drops for Askari Metals
Historical stock prices
Current Share Price	AU$0.017
52 Week High	AU$0.20
52 Week Low	AU$0.016
Beta	0.67
11 Month Change	-43.33%
3 Month Change	-15.00%
1 Year Change	-90.56%
33 Year Change	-91.71%
5 Year Change	n/a
Change since IPO	-92.44%

Recent updates

Shareholder Returns

	AS2	AU Metals and Mining	AU Market
7D	-10.5%	-0.9%	1.5%
1Y	-90.6%	-12.8%	17.2%

Return vs Industry: AS2 underperformed the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: AS2 underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is AS2's price volatile compared to industry and market?
AS2 volatility
AS2 Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: AS2's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: Insufficient data to determine AS2's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	n/a	www.askarimetals.com

Askari Metals Limited engages in the acquisition, exploration, and development activities in Western Australia, Northern Territory, and New South Wales. It explores for lithium, copper, gold, rare earth element. The company’s flagship asset is Uis Lithium project covering an area of 308.12 square kilometers located in the west-central Namibia, Africa.

Askari Metals Limited Fundamentals Summary

How do Askari Metals's earnings and revenue compare to its market cap?
AS2 fundamental statistics
Market cap	AU$1.65m
Earnings (TTM)	-AU$5.18m
Revenue (TTM)	AU$11.65k

141.3x

P/S Ratio

-0.3x

P/E Ratio

Is AS2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AS2 income statement (TTM)
Revenue	AU$11.65k
Cost of Revenue	AU$0
Gross Profit	AU$11.65k
Other Expenses	AU$5.19m
Earnings	-AU$5.18m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.05
Gross Margin	100.00%
Net Profit Margin	-44,476.01%
Debt/Equity Ratio	9.1%

How did AS2 perform over the long term?

See historical performance and comparison

AS2 Stock Overview

Risk Analysis

Askari Metals Limited Competitors

ASX:CNJ

AU$2.2m

ASX:RAS

AU$2.0m

ASX:SLZ

AU$1.6m

ASX:M24

AU$1.9m

Price History & Performance

Recent News & Updates

Askari Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.3768 million.

Askari Metals Limited, Annual General Meeting, Nov 29, 2024

New minor risk - Financial data availability

Askari Metals Limited announced that it expects to receive AUD 0.92 million in funding

Askari Metals Limited Announces Executive Changes

New minor risk - Share price stability

Recent updates

Askari Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.3768 million.

Askari Metals Limited, Annual General Meeting, Nov 29, 2024

New minor risk - Financial data availability

Askari Metals Limited announced that it expects to receive AUD 0.92 million in funding

Askari Metals Limited Announces Executive Changes

New minor risk - Share price stability

Askari Metals Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 1.90546 million.

Askari Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.90546 million.

Askari Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.600001 million.

Askari Metals Limited Announces Directorate Changes

Less than half of directors are independent

Askari Metals Limited, Annual General Meeting, Nov 24, 2023

Askari Metals Limited (ASX:AS2) acquired AstralL Dynamix from AstralL Dynamix Mining Investment CC.

New major risk - Financial position

New major risk - Market cap size

Askari Metals Limited (ASX:AS2) signed an agreement to acquire AstralL Dynamix from AstralL Dynamix Mining Investment CC for AUD 0.375 Million.

Askari Metals Limited Appoints Cliff Fitzhenry to the New Role of Chief Exploration and Project Manager (Africa)

Askari Metals Limited (ASX:AS2) completed the acquisition of remaining 10% interest in Uis Lithium-Tantalum-Tin Project, located in Namibia, Africa from Jenny Eliane van der Walt.

Askari Metals Limited (ASX:AS2) completed the acquisition of remaining 10% interest in Uis Lithium-Tantalum-Tin Project, located in Namibia, Africa from Jenny Eliane van der Walt.

Askari Metals Limited Commences its Phase I RC Drilling Program on Exclusive Prospecting Licence

Askari Metals Limited Announces High Grade Lithium, Tin and Tantalum Results At EPL 8535

Askari Metals Limited Announces Project-Wide Detailed Exploration Underway at Uis Li Project

Askari Metals Limited Announces Results of the Recently Completed Field Reconnaissance Program At the Company's 100% Owned Barrow Creek Lithium Project

Askari Metals Limited Completes Inaugural RC Drilling Campaign at the Horry Copper and Gold Project

Askari Metals Limited Announces Completion of Phase I Rc Drilling Program At Uis Lithium Project in Namibia, Africa

Askari Metals Limited (ASX:AS2) entered into a binding acquisition agreement to acquire 80% stake in EPL 8535 Lithium Project from Earth Dimensions Consulting (Pty) Ltd for AUD 1.6 million.

Askari Metals Limited Announces Uis Lithium Project RC Drilling Program Underway

Less than half of directors are independent

Askari Metals Limited Commences Extensive Soil Auger Drilling and Reconnaissance Campaign At the 100% Owned Myrnas Hill Lithium Project

Askari Metals Limited (ASX:AS2) executed a Binding Heads of Agreement (HoA) to acquire 90% interest in Exclusive Prospecting Licence (EPL) 7345, known as the Uis Lithium-Tantalum-Tin Project, located in Namibia, Africa from LexRox Exploration Services (Pty) Ltd for AUD 2.35 million.

Askari Metals Limited Announces High-Grade Gold Intersects in Final Results At Burracoppin

Askari Metals Limited Announces High-Grade Gold Intersects in Final Results At Burracoppin

Askari Metals Limited, Annual General Meeting, Nov 18, 2022

Askari Metals Limited Completes High-Definition Drone Magnetic Survey At the Company's 100%-Owned Callawa Copper Project

Askari Metals Receives Results from the Second Tranche of Assays from Its Phase III RC Drilling Program Completed on Its 100% Owned Burracoppin Gold Project

Askari Metals Limited (ASX:AS2) entered into a binding acquisition agreement to acquire Talga East Lithium Project from Mining Equities Pty Ltd for AUD 0.13 million.

Askari Metals Limited (ASX:AS2) entered into a binding acquisition agreement to acquire Talga East Lithium Project from Mining Equities Pty Ltd for AUD 0.13 million.

Askari Metals Announces Multiple Extensive Lithium Targets Identified At Myrnas Hill

Askari Metals Limited Announces Significant REE Targets Identified at Red Peak, Gascoyne WA

Askari Metals Limited Receives the Results for the First Nine (9) Holes Out of A Total of Forty (40) Holes Drilled as Part of the Phase III RC Drilling Program Completed on its 100% Owned Burracoppin Gold Project

Askari Metals Limited Commences its Inaugural Exploration Drilling Campaign at its 100% Owned Horry Copper and Gold Project in the Kimberley Region of Western Australia

Askari Metals Limited Announces South Central Barrow Creek Field Program Complete

Askari Metals Limited Accepts the Resignation of Non-Executive Director Brendan Cummins and David Greenwood

Askari Metals Limited (ASX:AS2) agreed to acquire Myrnas Hill Lithium Project from Raiden Resources Limited (ASX:RDN) for AUD0.2 million.

Askari Metals Limited Announces the Results of Its Phase I Project-Wide Lithium Mapping and Sampling Exploration Campaign Completed At the 100% Owned Yarrie Lithium Project Located in the East-Pilbara Region of Western Australia

Askari Metals Announces the Results of Detailed Gold Loaming / Stream Sediment Sampling Campaign At Company's Owned Horry Copper and Gold Project Located in the Kimberley Region of Western Australia

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

Askari Metals Limited Fundamentals Summary

141.3x

-0.3x

Earnings & Revenue