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

ASN is good value based on its Price-To-Book Ratio (1.9x) compared to the peer average (4.2x).

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

ASN is expensive based on its Price-To-Book Ratio (1.9x) compared to the Australian Metals and Mining industry average (1.1x).

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

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

Insufficient data to calculate ASN'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.

Anson Resources (CHIA:ASN) - Stock Price, News & Analysis

ASN Stock Overview

Anson Resources Limited, critical minerals company, engages in the exploration and development of natural resources in the United States and Australia. More details

ASN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

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

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap (A$93M)

Shareholders have been diluted in the past year

Anson Resources Limited Competitors

Caravel Minerals

ASX:CVV

AU$91.7m

Xanadu Mines

ASX:XAM

AU$89.8m

Tivan

ASX:TVN

AU$97.6m

Australian Strategic Materials

ASX:ASM

AU$88.8m

Price History & Performance

Summary of all time highs, changes and price drops for Anson Resources
Historical stock prices
Current Share Price	AU$0.067
52 Week High	AU$0.17
52 Week Low	AU$0.063
Beta	0.31
11 Month Change	-1.47%
3 Month Change	-39.09%
1 Year Change	-55.33%
33 Year Change	-46.40%
5 Year Change	131.03%
Change since IPO	97.06%

Recent updates

Shareholder Returns

	ASN	AU Metals and Mining	AU Market
7D	3.1%	1.6%	0.9%
1Y	-55.3%	-10.8%	18.4%

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

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

Price Volatility

Is ASN's price volatile compared to industry and market?
ASN volatility
ASN Average Weekly Movement	8.7%
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: ASN has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: ASN's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	n/a	Bruce Richardson	www.ansonresources.com

Anson Resources Limited, critical minerals company, engages in the exploration and development of natural resources in the United States and Australia. The company explores for lithium, bromine, boron, iodine, zinc, lead, silver, nickel, cobalt laterite, vanadium, and uranium deposits. Its flagship property is the Paradox Lithium project that covers an area of approximately 167 square kilometers located in the Paradox Basin in southern Uta, the United States of America.

Anson Resources Limited Fundamentals Summary

How do Anson Resources's earnings and revenue compare to its market cap?
ASN fundamental statistics
Market cap	AU$93.43m
Earnings (TTM)	-AU$9.84m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-9.5x

P/E Ratio

Is ASN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASN income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$565.92k
Gross Profit	-AU$565.92k
Other Expenses	AU$9.27m
Earnings	-AU$9.84m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0073
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.7%

How did ASN perform over the long term?

See historical performance and comparison

ASN Stock Overview

Risk Analysis

Anson Resources Limited Competitors

ASX:CVV

AU$91.7m

ASX:XAM

AU$89.8m

ASX:TVN

AU$97.6m

ASX:ASM

AU$88.8m

Price History & Performance

Recent News & Updates

Anson Resources Limited, Annual General Meeting, Nov 08, 2024

New minor risk - Financial data availability

Anson Resources Limited Receives Final Approval for Brine Extraction At Its Green River Lithium Project

Anson Resources Limited (ASX:ASN) acquired ELA66/131.

New minor risk - Market cap size

New minor risk - Share price stability

Recent updates

Anson Resources Limited, Annual General Meeting, Nov 08, 2024

New minor risk - Financial data availability

Anson Resources Limited Receives Final Approval for Brine Extraction At Its Green River Lithium Project

Anson Resources Limited (ASX:ASN) acquired ELA66/131.

New minor risk - Market cap size

New minor risk - Share price stability

New major risk - Financial position

Anson Resources Limited (ASX:ASN) completed the acquisition of Green Energy Lithium Project from Legacy Lithium (Utah) LLC.

Anson Resources Limited, Annual General Meeting, Nov 03, 2023

Anson Resources Limited Reports Major Resource Upgrade at Paradox Lithium Project

Anson Resources Limited (ASX:ASN) entered into a definitive agreement to acquire Green Energy Lithium Project from Legacy Lithium (Utah) LLC.

Anson Resources Limited Announces Exploration Target Confirmed At Green River Lithium Project

Anson Resources Limited Anson Delivers Successful DLE Test Results on Mississippian Brines at Paradox Lithium Project

Anson Resources Limited Stakes Major New Strategic Lithium Brine Project in Paradox Basin in Utah

Anson Resources Limited Receives Approval for Western Resource Expansion Drilling Program At Paradox Lithium Project in Utah, USA

Anson Resources Limited Appoints Timothy Murray as Chief Operating Officer

No independent directors

Anson Delivers 1Mt Lce Mineral Resource At Paradox Lithium Project

Anson Resources Limited Delivers 25% Increase in Lithium Grades in Drilling of Mississippian Units at Cane Creek 32-1 Well

Anson Resources Limited, Annual General Meeting, Nov 14, 2022

Anson Resources Limited Announces Discovery of New Lithium-Rich Horizons At Cane Creek 32-1 Well

Anson Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million.

Anson Resources Limited announced that it expects to receive AUD 50 million in funding

Anson Resources Limited Completes Resource Drilling At Cane Creek 32-1 Well

Anson Resources Limited Announces Completion of the Definitive Feasibility Study for Phase 1 of Paradox Lithium Project

Anson Resources Limited Reports Major Resource Upgrade At Paradox

Anson Resources Limited Drills Additional New Zones at Priority Cane Creek 32-1 Well in its Ongoing Resource Expansion Drilling Program at its Paradox Lithium Project in Utah, USA

Anson Confirms Resource Expansion Potential of Western Expansion Claims at Paradox Lithium Project

Anson Resources Limited Increases Lithium Grades at Paradox Project

Anson Resources Limited Delivers Further 87% Increase in Lithium Grades in Drilling of Mississippian Units At Long Canyon No. 2

Anson Resources Limited Delivers Additional High Lithium Results in Drilling At Paradox Lithium Project

Anson Resources Limited Increases Flow Rates by >140% in Drilling at Paradox Lithium Project

Anson Resources Limited Announces That Mississippian Unit At LC2 Deliverd 25% Increase in Lithium

Anson Resources Limited Plans to Expedite its JORC Resource Upgrade At the Paradox Lithium Project in Utah, USA

Anson Resources Limited Completes Drilling At Long Canyon No.2

Anson Resources Limited Provides the Update to the Development Strategy of the Paradox Lithium Project in Utah, in the USA

Anson Resources Limited Announces the Collection of Its First Brine Sample from Drilling At the Long Canyon Unit 2 Well

Anson Resources Limited Announces Approvals for Next Phase Resource Expansion Drilling

Anson Resources Limited Confirms High Pressure and Increased Flow Rates At Long Canyon Unit 2 Well

Anson Resources Limited Provides Resource Expansion Drilling Program Update

No independent directors

Anson Resources Limited Announces Resource Expansion Drilling Campaign to Commence at Paradox Lithium Brine Project

Anson Resources Limited Increases Resource Expansion Program at Paradox Lithium Project

Anson Resources Limited to Commence Resource Expansion Program At Paradox

Anson Resources Limited Announces Lithium Bromine New Production Wells Update

Anson Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 7.357322 million.

Anson Resources Limited announced that it expects to receive AUD 7.357322 million in funding

Anson Resources Limited Receives Positive NOVONIX Battery Test Work Results

Anson Resources Limited Announces the Results of the Drone Magnetic Survey At the 100% Owned the Bull Project

Anson the Bull Drone Magnetics Highlight Ni-Cu-Pge Prospects

Anson Resources Limited Announces The Bull Ni-Cu-Pge Project Area, E70/5420, Has Been Granted

Anson Resources Limited Reports Positive Results from the Initial Test Work

Anson Resources Limited Accelerates Paradox Brine Project

Anson Resources Limited Appoints Nicholas Ong as Company Secretary

Anson Resources Limited Announces Executive Changes

Anson Resources Limited Announces Initial Ground Truthing Program Completed At the 100% Owned the Bull Project Located in Western Australia

Anson Identifies Three Major Targets at the Bull Project

Anson Resources Limited Expands the Bull Project Area to 82Km²

Anson to Target Ethel Maude Exceptional Zn, Pb & Ag Grades

Anson Completes the Bull Aeromagnetic Data Reprocessing