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Dreadnought Resources

DB:N2Z
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
N2Z
DB
A$3M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Dreadnought Resources Ltd explores for and develops natural resources properties in Australia. The last earnings update was 37 days ago. More info.


Add to Portfolio Compare Print
  • Dreadnought Resources has significant price volatility in the past 3 months.
N2Z Share Price and Events
7 Day Returns
0%
DB:N2Z
5.2%
DE Metals and Mining
2.5%
DE Market
1 Year Returns
0%
DB:N2Z
-36.8%
DE Metals and Mining
-6.7%
DE Market
N2Z Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dreadnought Resources (N2Z) 0% 0% 0% 0% -50% -90%
DE Metals and Mining 5.2% 5.6% -5.8% -36.8% -26.2% -21.6%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • N2Z outperformed the Metals and Mining industry which returned -36.8% over the past year.
  • N2Z outperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
N2Z
Industry
5yr Volatility vs Market

Value

 Is Dreadnought 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 Dreadnought Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.001.
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 Dreadnought Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dreadnought Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:N2Z PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:DRE Share Price ** ASX (2019-04-18) in AUD A$0
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 15.21x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

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

** Primary Listing of Dreadnought Resources.

DB:N2Z PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0 ÷ 0.00

-2.88x

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

  • Dreadnought Resources is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • Dreadnought Resources is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Dreadnought Resources's expected growth come at a high price?
Raw Data
DB:N2Z PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.88x
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 61 Publicly-Listed Metals and Mining Companies 0.65x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*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 Dreadnought Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dreadnought Resources's assets?
Raw Data
DB:N2Z PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:DRE Share Price * ASX (2019-04-18) in AUD A$0
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 2.2x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:N2Z PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

38.96x

* Primary Listing of Dreadnought Resources.

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

  • Dreadnought Resources is overvalued based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Dreadnought 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. Dreadnought Resources has a total score of 0/6, 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 Dreadnought 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 Dreadnought 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
31.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dreadnought Resources expected to grow at an attractive rate?
  • Unable to compare Dreadnought Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Dreadnought Resources's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Dreadnought Resources's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:N2Z Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.8%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
DB:N2Z Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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.
DB:N2Z Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 -1
2018-09-30 0 0 0
2018-06-30 0 0 0
2018-03-31 0 0 0
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 -1
2016-12-31 0 0 -1
2016-09-30 0 0 -2
2016-06-30 0 -1 -4
2016-03-31 0 -1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Dreadnought Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Dreadnought 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
DB:N2Z Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Dreadnought Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:N2Z Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

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

Next steps:

  1. Examine Dreadnought 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. Dreadnought 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. Dreadnought 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 Dreadnought 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.
Dreadnought 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 Dreadnought 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 Dreadnought 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.
  • Dreadnought Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Dreadnought Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Dreadnought Resources's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Dreadnought 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 Dreadnought Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:N2Z 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 0.00 -0.62 0.39
2018-09-30 0.00 -0.47 0.36
2018-06-30 0.00 -0.32 0.33
2018-03-31 0.00 -0.31 0.31
2017-12-31 0.00 -0.30 0.30
2017-09-30 0.00 -0.34 0.33
2017-06-30 0.00 -0.38 0.37
2017-03-31 0.18 -0.59 0.49
2016-12-31 0.35 -0.81 0.61
2016-09-30 0.35 -2.24 0.59
2016-06-30 0.35 -3.68 0.57
2016-03-31 0.19 -3.55 0.58
2015-12-31 0.02 -3.42 0.58
2015-09-30 0.02 -2.05 0.67
2015-06-30 0.02 -0.68 0.75
2015-03-31 0.05 -0.72 0.73
2014-12-31 0.08 -0.76 0.71
2014-09-30 0.08 -0.78 0.75
2014-06-30 0.08 -0.81 0.80
2014-03-31 0.03 -2.08 0.80
2013-12-31 -0.02 -3.36 0.79
2013-09-30 0.03 -5.50 0.75
2013-06-30 0.07 -7.63 0.70
2012-12-31 0.12 -5.01 0.68
2012-09-30 0.08 -2.95 0.59
2012-06-30 0.03 -0.88 0.50

*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 Dreadnought 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 Dreadnought Resources has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Dreadnought 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 Dreadnought 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.
Dreadnought 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 Dreadnought 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 Dreadnought Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dreadnought Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dreadnought Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dreadnought 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.
  • Low level of unsold assets.
  • Dreadnought 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 Dreadnought Resources Company Filings, last reported 3 months ago.

DB:N2Z Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.04 0.00 0.12
2018-09-30 0.04 0.00 0.12
2018-06-30 0.51 0.00 0.38
2018-03-31 0.51 0.00 0.38
2017-12-31 0.69 0.00 0.50
2017-09-30 0.69 0.00 0.50
2017-06-30 0.42 0.00 0.22
2017-03-31 0.42 0.00 0.22
2016-12-31 0.58 0.00 0.47
2016-09-30 0.58 0.00 0.47
2016-06-30 0.46 0.00 0.29
2016-03-31 0.46 0.00 0.29
2015-12-31 1.03 0.00 0.07
2015-09-30 1.03 0.00 0.07
2015-06-30 3.86 0.00 0.10
2015-03-31 3.86 0.00 0.10
2014-12-31 3.41 0.00 0.14
2014-09-30 3.41 0.00 0.14
2014-06-30 2.93 0.00 1.10
2014-03-31 2.93 0.00 1.10
2013-12-31 2.30 0.00 0.99
2013-09-30 2.30 0.00 0.99
2013-06-30 0.60 0.00 0.40
2012-12-31 3.49 0.00 0.76
2012-09-30 3.49 0.00 0.76
2012-06-30 8.16 0.00 1.22
  • Dreadnought Resources has no debt.
  • Dreadnought Resources has not taken on any debt in the past 5 years.
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.

  • Dreadnought Resources has less than a year of cash runway based on current free cash flow.
  • Dreadnought Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -48% each year.
X
Financial health checks
We assess Dreadnought 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. Dreadnought 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 Dreadnought 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 Dreadnought Resources dividends.
If you bought €2,000 of Dreadnought 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 Dreadnought Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Dreadnought 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
DB:N2Z 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 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

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 Dreadnought Resources has not reported any payouts.
  • Unable to verify if Dreadnought Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Dreadnought Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dreadnought 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 Dreadnought Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Dreadnought Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dreadnought 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 Dreadnought 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
Dean Tuck
TENURE AS CEO 0 years
CEO Bio

Mr. Dean Tuck, B.Sc (Hons), FGAA, MAIG serves as Managing Director and Director of Dreadnought Resources Limited since April 09, 2019. Dean is an experienced geologist and exploration manager having worked across a wide range of commodities in Australia, Brazil and Southeast Asia from project generation through to resource evaluation. Dean has held senior level positions at BHP Billiton and ASX listed junior explorers. Dean has been instrumental in a number of discoveries including the Mallina and Mallinda LCT pegmatites, Strickland gold projects and Wonmunna iron ore.

CEO Compensation
  • Insufficient data for Dean to compare compensation growth.
  • Insufficient data for Dean to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Dean Tuck

TITLE
MD & Director

Kaitlin Smith

TITLE
Company Secretary
TENURE
3.6 yrs
Board of Directors

Paul Chapman

TITLE
Non-Executive Chairman

Dean Tuck

TITLE
MD & Director

Ian Gordon

TITLE
Non-Executive Director
COMPENSATION
A$19K
AGE
52
TENURE
1.3 yrs

Paul Payne

TITLE
Non-Executive Director
COMPENSATION
A$19K
AGE
55
TENURE
1.3 yrs

David Chapman

TITLE
Non-Executive Director
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Dreadnought Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
15. Apr 19 Buy Paul Chapman Individual 12. Feb 19 08. Apr 19 37,174,057 €0.00 €71,722
15. Apr 19 Buy David Chapman Individual 29. Mar 19 29. Mar 19 3,333,333 €0.00 €6,323
27. Feb 19 Buy Paul Payne Individual 25. Feb 19 25. Feb 19 13,333,334 €0.00 €25,273
14. Sep 18 Buy Sarah McAlpine Individual 22. Dec 17 04. Sep 18 5,000,000 €0.00 €16,086
06. Jun 18 Buy Duncan Gordon Individual 31. May 18 31. May 18 14,006,529 €0.00 €45,423
06. Jun 18 Sell Adelaide Equity Partners Limited, Asset Management Arm Company 31. May 18 31. May 18 -28,013,057 €0.00 €-90,845
X
Management checks
We assess Dreadnought 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. Dreadnought 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

Dreadnought Resources Ltd explores for and develops natural resources properties in Australia. The company explores for gold deposits. It holds interest in the Tanami project, a tenement package that covers 1,700 square kilometers located in the Tanami region of Northern Territory. The company was formerly known as Tychean Resources Limited and changed its name to Dreadnought Resources Ltd in February y 2019 in August 2013. Dreadnought Resources Ltd was incorporated in 2006 and is based in Adelaide, Australia.

Details
Name: Dreadnought Resources Ltd
N2Z
Exchange: DB
Founded: 2006
A$2,062,109
1,080,814,918
Website: http://www.tycheanresources.com
Address: Dreadnought Resources Ltd
100 Pirie Street,
Level 3,
Adelaide,
South Australia, 5000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX DRE Ordinary Shares Australian Securities Exchange AU AUD 31. Oct 2006
DB N2Z Ordinary Shares Deutsche Boerse AG DE EUR 31. Oct 2006
Number of employees
Current staff
Staff numbers
0
Dreadnought Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:07
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/12
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.