Loading...

Prospect Resources

BST:5E8
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5E8
BST
A$42M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Prospect Resources Limited engages in exploration, evaluation, and development of mineral properties in Zimbabwe. The last earnings update was 125 days ago. More info.


Add to Portfolio Compare Print
  • Prospect Resources has significant price volatility in the past 3 months.
5E8 Share Price and Events
7 Day Returns
-1.7%
BST:5E8
-1.3%
DE Metals and Mining
-0.3%
DE Market
1 Year Returns
-13.1%
BST:5E8
-45.1%
DE Metals and Mining
-6.7%
DE Market
5E8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Prospect Resources (5E8) -1.7% 154.4% 49% -13.1% - -
DE Metals and Mining -1.3% -1.1% -17.3% -45.1% -31.5% -36.9%
DE Market -0.3% 2.3% -2% -6.7% 11.3% 12.2%
1 Year Return vs Industry and Market
  • 5E8 outperformed the Metals and Mining industry which returned -45.1% over the past year.
  • 5E8 underperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
5E8
Industry
5yr Volatility vs Market

Value

 Is Prospect Resources 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 Prospect Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.1043.
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 Prospect Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Prospect Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:5E8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.04
ASX:PSC Share Price ** ASX (2019-07-17) in AUD A$0.18
Europe Metals and Mining Industry PE Ratio Median Figure of 106 Publicly-Listed Metals and Mining Companies 9.95x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 20.05x

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

** Primary Listing of Prospect Resources.

BST:5E8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.18 ÷ -0.04

-4.89x

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

  • Prospect Resources is loss making, we can't compare its value to the Europe Metals and Mining industry average.
  • Prospect Resources is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Prospect Resources's expected growth come at a high price?
Raw Data
BST:5E8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 63 Publicly-Listed Metals and Mining Companies 0.7x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.48x

*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 Prospect Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Prospect Resources's assets?
Raw Data
BST:5E8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.13
ASX:PSC Share Price * ASX (2019-07-17) in AUD A$0.18
Germany Metals and Mining Industry PB Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 2.81x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.75x
BST:5E8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.18 ÷ 0.13

1.34x

* Primary Listing of Prospect Resources.

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

  • Prospect Resources is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Prospect Resources'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. Prospect Resources 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.

Future Performance

 How is Prospect Resources 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 Prospect Resources 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
47.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Prospect Resources expected to grow at an attractive rate?
  • Unable to compare Prospect Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Prospect Resources's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Prospect Resources's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:5E8 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 47.1%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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
BST:5E8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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.
BST:5E8 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 6 -5 -7
2018-09-30 5 -5 -6
2018-06-30 4 -5 -6
2018-03-31 3 -4 -6
2017-12-31 2 -4 -5
2017-09-30 1 -4 -9
2017-06-30 0 -4 -12
2017-03-31 0 -3 -11
2016-12-31 0 -3 -10
2016-09-30 0 -2 -6
2016-06-30 0 -1 -2
2016-03-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Prospect Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Prospect Resources 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
BST:5E8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Prospect Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:5E8 Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.06
2017-06-30 -0.08
2017-03-31 -0.08
2016-12-31 -0.08
2016-09-30 -0.05
2016-06-30 -0.02
2016-03-31 -0.02

*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 Prospect Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Prospect Resources'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. Prospect Resources'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. Prospect Resources'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 Prospect Resources'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Prospect Resources 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.

Past Performance

  How has Prospect Resources 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 Prospect Resources'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.
  • Prospect Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Prospect Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Prospect Resources's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Prospect Resources'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 Prospect Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:5E8 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 5.84 -7.09 6.35
2018-09-30 4.86 -6.33 5.83
2018-06-30 3.89 -5.58 5.30
2018-03-31 3.19 -5.54 5.38
2017-12-31 1.64 -5.50 5.46
2017-09-30 0.88 -8.74 8.05
2017-06-30 0.11 -11.99 10.64
2017-03-31 0.09 -10.98 9.59
2016-12-31 0.08 -9.97 8.54
2016-09-30 0.07 -5.78 4.79
2016-06-30 0.07 -1.58 1.04
2016-03-31 0.06 -1.28 0.71
2015-12-31 0.05 -0.98 0.39
2015-09-30 0.03 -1.13 0.46
2015-06-30 0.01 -1.28 0.53
2015-03-31 0.01 -1.61 0.88
2014-12-31 0.01 -1.93 1.23
2014-09-30 0.00 -2.18 1.72
2014-06-30 -2.43 2.21
2014-03-31 -2.27 1.96
2013-12-31 -2.10 1.70
2013-09-30 -1.70 1.14
2013-06-30 -1.30 0.58
2012-12-31 0.00 -0.81 0.38
2012-09-30 0.00 -0.52 0.67

*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 Prospect Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Prospect Resources has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Prospect Resources 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 Prospect Resources'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.
Prospect Resources 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.

Health

 How is Prospect Resources'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 Prospect Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Prospect Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Prospect Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Prospect Resources'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.
  • Prospect Resources 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 Prospect Resources Company Filings, last reported 6 months ago.

BST:5E8 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 26.26 0.00 8.07
2018-09-30 26.26 0.00 8.07
2018-06-30 28.74 0.00 16.39
2018-03-31 28.74 0.00 16.39
2017-12-31 11.10 0.00 2.35
2017-09-30 11.10 0.00 2.35
2017-06-30 13.40 0.00 7.34
2017-03-31 13.40 0.00 7.34
2016-12-31 16.81 0.00 13.35
2016-09-30 16.81 0.00 13.35
2016-06-30 3.37 0.00 2.42
2016-03-31 3.37 0.00 2.42
2015-12-31 0.85 0.00 0.26
2015-09-30 0.85 0.00 0.26
2015-06-30 0.94 0.00 0.10
2015-03-31 0.94 0.00 0.10
2014-12-31 1.14 0.00 0.47
2014-09-30 1.14 0.00 0.47
2014-06-30 1.18 0.02 0.30
2014-03-31 1.18 0.02 0.30
2013-12-31 0.70 0.08 0.07
2013-09-30 0.70 0.08 0.07
2013-06-30 1.07 0.00 0.40
2012-12-31 1.66 0.00 0.73
2012-09-30 1.66 0.00 0.73
  • Prospect Resources has no debt.
  • Prospect Resources has no debt compared to 5 years ago when it was 10.5%.
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.

  • Prospect Resources has less than a year of cash runway based on current free cash flow.
  • Prospect Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 57.7% each year.
X
Financial health checks
We assess Prospect Resources'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. Prospect Resources 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.

Dividends

 What is Prospect Resources'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 Prospect Resources dividends.
If you bought €2,000 of Prospect Resources shares you are expected to receive €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 Prospect Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Prospect Resources'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
BST:5E8 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
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

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 Prospect Resources has not reported any payouts.
  • Unable to verify if Prospect Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Prospect Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Prospect Resources 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 Prospect Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Prospect Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Prospect Resources 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.

Management

 What is the CEO of Prospect Resources'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
Sam Hosack
COMPENSATION A$354,932
TENURE AS CEO 1 years
CEO Bio

Mr. Sam Hosack has been Managing Director of Prospect Resources Ltd. since May 14, 2018. Mr. Hosack has been Director at Prospect Resources Ltd. since 2018. Mr. Hosack serves as an Executive at Prospect Resources Ltd since May 13, 2018. Mr. Hosack holds a Bachelors Engineering Degree (Hons) from Essex University in UK, MBA from Ashcroft Business School (UK) and respective professional registrations. He has hands on experience in the delivery of large scale mining, power and port projects to market, as well as their operations. For the past 12 years he has been employed by First Quantum Minerals Ltd, primarily in their Projects team, where most recently he has project managed the building of a port (coal offloading and copper loading), 120km 230kV transmission line and a 300MW coal fired powerstation for the Minera Panama Project in Panama. His mining and operations experience in North and Southern Africa, Europe, Australia and Central America will be central in delivering the Arcadia Project and in building Prospect into a diversified mining business.

CEO Compensation
  • Insufficient data for Sam to compare compensation growth.
  • Sam's remuneration is about average for companies of similar size in Germany.
Management Team

Hugh Warner

TITLE
Executive Chairman
COMPENSATION
A$250K
AGE
50

Sam Hosack

TITLE
MD & Director
COMPENSATION
A$355K
TENURE
1 yrs

Chris Hilbrands

TITLE
Chief Financial Officer
COMPENSATION
A$100K
AGE
41

Harry Greaves

TITLE
Executive Director
COMPENSATION
A$250K
AGE
54

Roger Tyler

TITLE
Chief Geologist
COMPENSATION
A$210K
AGE
53

Andrew Whitten

TITLE
Company Secretary
AGE
42
TENURE
7.3 yrs

Mike Kitney

TITLE
Consultant of Metallurgy
AGE
68

David Miller

TITLE
Marketing Consultant
Board of Directors Tenure

Average tenure and age of the Prospect Resources board of directors in years:

5.8
Average Tenure
58.5
Average Age
  • The tenure for the Prospect Resources board of directors is about average.
Board of Directors

Hugh Warner

TITLE
Executive Chairman
COMPENSATION
A$250K
AGE
50
TENURE
7.5 yrs

Sam Hosack

TITLE
MD & Director
COMPENSATION
A$355K
TENURE
1.5 yrs

Harry Greaves

TITLE
Executive Director
COMPENSATION
A$250K
AGE
54
TENURE
6 yrs

Gerry Fahey

TITLE
Non-Executive Director
COMPENSATION
A$24K
AGE
67
TENURE
6 yrs

Zed Rusike

TITLE
Non-Executive Director
COMPENSATION
A$24K
AGE
63
TENURE
5.8 yrs

HeNian Chen

TITLE
Non-Executive Director
COMPENSATION
A$15K
TENURE
1.7 yrs

Meng Sun

TITLE
Alternate Director
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
19. Jun 19 Buy Lord Of Seven Hills Holdings Fze Company 17. Jun 19 17. Jun 19 2,400,000 €0.09 €219,726
X
Management checks
We assess Prospect Resources'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. Prospect Resources 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.

News

Simply Wall St News

Company Info

Description

Prospect Resources Limited engages in exploration, evaluation, and development of mineral properties in Zimbabwe. The company primarily explores for lithium and gold deposits. Its flagship project is the Arcadia lithium project that covers an area of approximately 14 square kilometers of granted mining rights located to the east of Harare, Zimbabwe. The company was incorporated in 2007 and is headquartered in Subiaco, Australia.

Details
Name: Prospect Resources Limited
5E8
Exchange: BST
Founded: 2007
A$26,524,848
235,951,758
Website: http://www.prospectresources.com.au
Address: Prospect Resources Limited
245 Churchill Avenue,
Suite 6,
Subiaco,
Western Australia, 6008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PSC Ordinary Shares Australian Securities Exchange AU AUD 04. Dec 2009
BST 5E8 Ordinary Shares Boerse-Stuttgart DE EUR 04. Dec 2009
Number of employees
Current staff
Staff numbers
0
Prospect Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 22:25
End of day share price update: 2019/07/17 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.