Pure Resources (CHIA:PR1) - Stock Price, News & Analysis

PR1 Stock Overview

Engages in the acquisition, exploration, and development of mineral resource properties in Australia, Canada, Finland. More details

PR1 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (A$6M)

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

Shares are highly illiquid

Shareholders have been diluted in the past year

Pure Resources Limited Competitors

Rubix Resources

ASX:RB6

AU$5.9m

Caprice Resources

ASX:CRS

AU$5.6m

Caspin Resources

ASX:CPN

AU$6.4m

Patriot Lithium

ASX:PAT

AU$5.6m

Price History & Performance

Summary of all time highs, changes and price drops for Pure Resources
Historical stock prices
Current Share Price	AU$0.13
52 Week High	AU$0.18
52 Week Low	AU$0.081
Beta	0.95
11 Month Change	4.17%
3 Month Change	47.06%
1 Year Change	-30.56%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-44.44%

Recent updates

Shareholder Returns

	PR1	AU Metals and Mining	AU Market
7D	0%	0.2%	1.5%
1Y	-30.6%	-10.8%	17.9%

Return vs Industry: PR1 underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: PR1 underperformed the Australian Market which returned 17.9% over the past year.

Price Volatility

Is PR1's price volatile compared to industry and market?
PR1 volatility
PR1 Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: PR1's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: Insufficient data to determine PR1's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	n/a	www.pureresources.com.au

Pure Resources Limited engages in the acquisition, exploration, and development of mineral resource properties in Australia, Canada, Finland. It primarily explores for nickel, gold, copper, lithium, caesium, and tantalum deposits. The company was incorporated in 2021 and is based in Subiaco, Australia.

Pure Resources Limited Fundamentals Summary

How do Pure Resources's earnings and revenue compare to its market cap?
PR1 fundamental statistics
Market cap	AU$6.15m
Earnings (TTM)	-AU$901.12k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-6.8x

P/E Ratio

Is PR1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PR1 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$901.12k
Earnings	-AU$901.12k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.021
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did PR1 perform over the long term?

See historical performance and comparison

PR1 Stock Overview

Risk Analysis

Pure Resources Limited Competitors

ASX:RB6

AU$5.9m

ASX:CRS

AU$5.6m

ASX:CPN

AU$6.4m

ASX:PAT

AU$5.6m

Price History & Performance

Recent News & Updates

Pure Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.350128 million.

New minor risk - Financial data availability

Pure Resources Limited, Annual General Meeting, Nov 14, 2024

New minor risk - Shareholder dilution

Pure Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.35 million.

High number of new and inexperienced directors

Recent updates

Pure Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.350128 million.

New minor risk - Financial data availability

Pure Resources Limited, Annual General Meeting, Nov 14, 2024

New minor risk - Shareholder dilution

Pure Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.35 million.

High number of new and inexperienced directors

United Lithium Corp. (CNSX:ULTH) acquired Pr1 Finland Oy from Pure Resources Limited (ASX:PR1) for AUD 0.19 million.

New major risk - Financial position

Pure Resources Limited, Annual General Meeting, Oct 30, 2023

Pure Resources Limited Announces Preliminary Results from Its Maiden Geological Fieldwork Campaign That Covered Less Than 5% of the 270Km2 Project Area At the Company's Laforge Lithium Project, Located in Quebec, Canada

Pure Resources Limited Announces Preliminary Results from Its Maiden Geological Fieldwork Campaign That Covered Less Than 5% of the 270Km2 Project Area At the Company's Laforge Lithium Project, Located in Quebec, Canada

Pure Resources Limited Secures an Additional 110Km2 of Claims Situated 65Km Northeast of Patriot Battery Metals Inc.'S (Pmet) Corvette Discovery, in the Superior Province, Quebec, Canada

Pure Resources Secures 160Km2 Lithium Exploration Area -Quebec, Canada

Pure Resources Limited Provides an Update on the Company's Exploration Activities Completed At Its Killarney Project

Pure Resources Limited Announces Highly Encouraging Shallow Auger Drilling Results from Exploration Works At Its Yundamindra Project

Pure Resources Limited Announces Highly Encouraging Rock Chip Results from Initial Reconnaissance Fieldwork At its Yundamindra Project

Pure Resources Limited, Annual General Meeting, Nov 28, 2022

Pure Resources Limited has announced a Derivatives Offering in the amount of AUD 0.01875 million.

Executive Chairman recently bought AU$66k worth of stock

Pure Resources Limited Announces Highly Encouraging Assay Results from Initial Reconnaissance Fieldwork at its Killarney Project, Located 150 Km Southwest of Kununurra

Pure Resources Limited Announces Company Secretary Changes

Shareholder Returns

Price Volatility

About the Company

Pure Resources Limited Fundamentals Summary

0.0x

-6.8x

Earnings & Revenue