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Australian Strategic Materials Ltd (ASM) Report Analysis

Corporate Events

Negative

Australian Strategic Materials Ltd has complete...

2022-05-16 00:00:00

Australian Strategic Materials Ltd has completed a Follow-on Equity Offering in the amount of AUD 21.805498 million. Security Name: Ordinar...

Positive

Australian Strategic Materials Ltd Announces Hi...

2022-05-12 05:20:00

Australian Strategic Materials Ltd. announced that its first high purity critical metals plant has been officially opened in Ochang, South Kor...

Neutral

Mines and Money Events Ltd, Mines and Money @ I...

2022-01-14 04:00:00

Mines and Money Events Ltd, Mines and Money @ IMARC, Jan 31, 2022 through Feb 02, 2022.

Neutral

Australian Strategic Materials Ltd Presents at ...

2022-01-14 04:00:00

Australian Strategic Materials Ltd Presents at Mines and Money @ IMARC, Jan-31-2022 . Speakers: David Graham Woodall, MD & Executive Director.

Positive

Australian Strategic Materials Limited Signs Jo...

2021-12-14 05:02:00

Australian Strategic Materials Limited announced that it has signed a Joint Statement of Cooperation with the Korean Mine Rehabilitation and R...

Positive

Australian Strategic Materials Limited Announce...

2021-11-24 21:19:00

Australian Strategic Materials Limited announced that commissioning has begun at its Korean Metals Plant in Ochang Province, South Korea. The ...

Neutral

Australian Strategic Materials Ltd - Shareholde...

2021-11-02 04:36:00

AGM

Neutral

Australian Strategic Materials Ltd, Annual Gene...

2021-10-05 08:41:00

Australian Strategic Materials Ltd, Annual General Meeting, Nov 30, 2021, at 12:00 W. Australia Standard Time. Agenda: To consider adoption of...

Positive

Australian Strategic Materials Ltd(ASX:ASM) add...

2021-09-20 00:00:00

Australian Strategic Materials Ltd(ASX:ASM) added to S&P/ASX 300 Index

Positive

Australian Strategic Materials Ltd(ASX:ASM) add...

2021-09-20 00:00:00

Australian Strategic Materials Ltd(ASX:ASM) added to S&P/ASX Small Ordinaries Index

Negative

Australian Strategic Materials Ltd Announces Ex...

2021-08-01 22:23:00

Australian Strategic Materials Ltd. announced that Julie Jones, the Company's General Counsel, has been appointed Joint Company Secretary, eff...

Neutral

Australian Strategic Materials Ltd Presents at ...

2021-07-27 09:28:00

Australian Strategic Materials Ltd Presents at Mines and Money Online Connect, Aug-31-2021 . Speakers: Ian Jeffrey Gandel, Independent Non-Exe...

Neutral

Beacon Events Ltd., Mines and Money Online Conn...

2021-07-07 14:41:00

Beacon Events Ltd., Mines and Money Online Connect, Aug 31, 2021 through Sep 02, 2021. Mines and Money is Europe's largest mining investment e...

Negative

Australian Strategic Materials Ltd has completed a Follow-on Equity Offering in the amount of AUD 21.805498 million.

2022-05-16 00:00:00

Australian Strategic Materials Ltd has completed a Follow-on Equity Offering in the amount of AUD 21.805498 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,450,056 Price\Range: AUD 8.9 Transaction Features: Subsequent Direct Listing

Positive

Australian Strategic Materials Ltd Announces High Purity Critical Metals Plant Officially Opens in Korea

2022-05-12 05:20:00

Australian Strategic Materials Ltd. announced that its first high purity critical metals plant has been officially opened in Ochang, South Korea. This consolidates the strong partnership ASM has with Korea, and offers an alternative source of critical metals needed to meet forecast global demand. The Korean Metals Plant (KMP) will produce critical metals and alloys to customer specifications, using ASM's patented, energy efficient metallisation process. The initial focus will be on neodymium iron boron (NdFeB) and titanium alloy. Neodymium iron boron is a key component of permanent magnets used in electric vehicles and wind turbines, while titanium alloys have uses across multiple high tech industries.

Neutral

Mines and Money Events Ltd, Mines and Money @ IMARC, Jan 31, 2022 through Feb 02, 2022

2022-01-14 04:00:00

Mines and Money Events Ltd, Mines and Money @ IMARC, Jan 31, 2022 through Feb 02, 2022.

Neutral

Australian Strategic Materials Ltd Presents at Mines and Money @ IMARC, Jan-31-2022

2022-01-14 04:00:00

Australian Strategic Materials Ltd Presents at Mines and Money @ IMARC, Jan-31-2022 . Speakers: David Graham Woodall, MD & Executive Director.

Positive

Australian Strategic Materials Limited Signs Joint Statement of Cooperation with Korean Mine Rehabilitation and Resource Corporation

2021-12-14 05:02:00

Australian Strategic Materials Limited announced that it has signed a Joint Statement of Cooperation with the Korean Mine Rehabilitation and Resource Corporation, the renamed Korean Resources Corporation, to enable the supply of critical minerals and metals into Korea. Under the Joint Statement of Cooperation, ASM and KOMIR have agreed to work together to expand the use of rare earths and critical metals in Korea and develop import opportunities that will secure the supply of these metals for Korean industry. The key areas contemplated for cooperation under the Joint Statement of Cooperation include: Importation of rare-earth products into Korea, including for strategic stockpiling. Supplying ASM with rare-earth products to enable Korean domestic production of rare-earth magnet feed metal at ASM's Korean Metals Plant.

Positive

Australian Strategic Materials Limited Announces Hot Commissioning Begins at its Korean Metals Plant in Ochang Province, South Korea

2021-11-24 21:19:00

Australian Strategic Materials Limited announced that commissioning has begun at its Korean Metals Plant in Ochang Province, South Korea. The company has commenced hot commissioning on its neodymium furnace. This included firing up the plant's furnaces, processing feed material and casting the plant's first ingots of neodymium metal. This represents the first phase of commissioning activities, with additional modules of the Korean Metals Plant undergoing construction and installation. These first phase commissioning activities are planned to continue through the first half of 2022, with the full scale, 5200 tpa plant due for completion in the second half of calendar year 2022. Updated production guidance will be provided once the first phase of commissioning is complete.

Neutral

Australian Strategic Materials Ltd - Shareholder/Analyst Call

2021-11-02 04:36:00

AGM

Neutral

Australian Strategic Materials Ltd, Annual General Meeting, Nov 30, 2021

2021-10-05 08:41:00

Australian Strategic Materials Ltd, Annual General Meeting, Nov 30, 2021, at 12:00 W. Australia Standard Time. Agenda: To consider adoption of remuneration report; to consider re-election of director Mr. Nicholas Earner; to consider approval of Australian strategic materials performance rights plan; to consider approval of the grant of performance rights to the managing director; to consider increase in maximum aggregate remuneration for non-executive directors; to consider ratification of issue of shares - Ziron Technology Corporation; to consider ratification of issue of shares – placement; and to consider approval of potential termination benefits.

Positive

Australian Strategic Materials Ltd(ASX:ASM) added to S&P/ASX 300 Index

2021-09-20 00:00:00

Australian Strategic Materials Ltd(ASX:ASM) added to S&P/ASX 300 Index

Positive

Australian Strategic Materials Ltd(ASX:ASM) added to S&P/ASX Small Ordinaries Index

2021-09-20 00:00:00

Australian Strategic Materials Ltd(ASX:ASM) added to S&P/ASX Small Ordinaries Index

Negative

Australian Strategic Materials Ltd Announces Executive Changes

2021-08-01 22:23:00

Australian Strategic Materials Ltd. announced that Julie Jones, the Company's General Counsel, has been appointed Joint Company Secretary, effective immediately. Dennis Wilkins will remain as Joint Company Secretary with Ms. Jones. Ms Jones is an experienced General Counsel and Company Secretary with a strong background in mining and manufacturing, and has more than 18 years of legal, commercial, strategic, and corporate governance experience. Most recently, Ms Jones was General Counsel and Company Secretary for Matrix Composites and Engineering Ltd. As part of the change, James Carter has resigned from his position as Joint Company Secretary.

Neutral

Australian Strategic Materials Ltd Presents at Mines and Money Online Connect, Aug-31-2021

2021-07-27 09:28:00

Australian Strategic Materials Ltd Presents at Mines and Money Online Connect, Aug-31-2021 . Speakers: Ian Jeffrey Gandel, Independent Non-Executive Chairman.

Neutral

Beacon Events Ltd., Mines and Money Online Connect, Aug 31, 2021 through Sep 02, 2021

2021-07-07 14:41:00

Beacon Events Ltd., Mines and Money Online Connect, Aug 31, 2021 through Sep 02, 2021. Mines and Money is Europe's largest mining investment event bringing together miners, investors, financiers, and industry professionals to network, hear market analysis and compare investment opportunities.

Fundamental Summary

Looking at Australian Strategic's financials of Q4 reflected decent results. It is highly likely that it will be mostly tethered to market performance and sector movements for the near term. Bottom line, Australian Strategic's financials indicate solid performance in terms of growth and income, which leads us to believe that they may become interesting again in the next few months. But for right now, we gave the company an overall grade of 67 and a HOLD recommendation.

Australian Strategic. announced earnings results for the full year ended June 30, 2021. For the full year, the company announced sales was AUD 1.377 million compared to AUD 212,000 a year ago. Net loss was AUD 783,000 compared to AUD 4.265 million a year ago. Basic loss per share from continuing operations was AUD 0.01.

Business Description

Australian Strategic operates as an integrated producer of critical metals for advanced and clean technologies in Australia. The company holds 100% interest in the Dubbo Project that contains zirconium, rare earths, niobium, hafnium, tantalum, and yttrium located in central-western New South Wales, Australia. It is also involved in breeding and grazing of sheep and cattle. The company was formerly known as Australian Zirconia Holdings Pty Ltd and changed its name to Australian Strategic in March 2020. Australian Strategic was founded in 2000 and is headquartered in West Perth, Australia.

Sector Overview

Australian Strategic is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Australian Strategic's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 228.1 -0.2% 69
Liabilities 34.3 31.7% 44
Price to Book 5.6 4.1% 84
Cash & Equivalents 56.9 -39.0% 46
Equity 193.8 -4.3% 55
EBITDA -13.0 -126.4% 62
Total Revenues 1.7 -1.5% 91
Parameter Value Change Score
Return on Equity -7.8 -859.6% 66
Net Cashflow 44.5 -40.6% 72
Capital Expenditure -25.9 -188.4% 76
Asset Turnover 0.0 -2.3% 69
Free Cashflow -0.4 -219.9% 69

* All values are TTM

The below chart reflects Australian Strategic's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Australian Strategic's peer average final assessment score stands on 67.0, Australian Strategic's score is 67.

  •  ASM
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
BHP Group Limited 208.5B 58 71 75
Hold
69
69 0 1
Fortescue Metals Group Limited 55.0B 65 67 75
Hold
68
68 1 1
Newcrest Mining Limited 19.4B 52 66 57
Underperform
56
56 2 1
South32 Limited 18.7B 84 72 78
Buy
82
82 3 1
Mineral Resources Limited 9.2B 55 63 61
Underperform
56
56 4 1
Lynas Rare Earths Limited 8.3B 70 69 70
Hold
71
71 5 1
Northern Star Resources Limited 8.2B 56 56 73
Underperform
55
55 6 1
IGO Limited 7.8B 50 78 72
Hold
71
71 7 1
BlueScope Steel Limited 7.3B 85 72 52
Hold
72
72 8 1
Pilbara Minerals Limited 6.9B 86 69 86
Buy
83
83 9 1
Allkem Limited 6.9B 57 61 82
Hold
65
65 10 1
OZ Minerals Limited 6.2B 74 66 78
Hold
74
74 11 1
Evolution Mining Limited 4.8B 82 64 50
Hold
64
64 12 1
Alumina Limited 4.4B 50 79 72
Hold
70
70 13 1
OZ Minerals Holdings Pty Ltd 4.0B 84 61 50
Hold
73
73 14 1
Iluka Resources Limited 3.9B 77 60 74
Hold
68
68 15 1
Andean Resources Ltd. 3.7B 86 97 41
Buy
84
84 16 1
Coronado Global Resources Inc. 2.9B 83 74 81
Strong Buy
87
87 17 1
Nickel Industries Limited 2.8B 54 60 70
Underperform
56
56 18 1
AVZ Minerals Limited 2.8B 95 68 58
Hold
75
75 19 1
Sims Limited 2.7B 68 69 82
Hold
74
74 20 1
Zimplats Holdings Limited 2.6B 77 68 64
Hold
71
71 21 1
Liontown Resources Limited 2.4B 81 84 62
Buy
84
84 22 1
Perseus Mining Limited 2.3B 81 65 83
Hold
77
77 23 1
Deterra Royalties Limited 2.3B 77 61 75
Hold
69
69 24 1
Sandfire Resources Limited 1.9B 82 69 76
Buy
79
79 25 1
Core Lithium Ltd 1.8B 83 70 69
Hold
76
76 26 1
Chalice Mining Limited 1.5B 54 81 55
Hold
67
67 27 1
Grange Resources Limited 1.5B 65 64 73
Hold
66
66 28 1
Capricorn Metals Ltd 1.3B 86 69 82
Buy
82
82 29 1
West African Resources Limited 1.3B 87 59 66
Hold
68
68 30 1
Silver Lake Resources Limited 1.2B 66 63 58
Hold
62
62 31 1
De Grey Mining Limited 1.2B 66 47 73
Underperform
53
53 32 1
Gold Road Resources Limited 1.2B 64 67 56
Hold
63
63 33 1
Lake Resources NL 1.2B 66 73 68
Hold
71
71 34 1
Sayona Mining Limited 1.2B 66 73 68
Hold
71
71 35 1
Regis Resources Limited 1.1B 53 53 69
Underperform
50
50 36 1
Piedmont Lithium Inc. 1.1B 88 77 60
Buy
84
84 37 1
5E Advanced Materials Inc. 927.2M 47 58 61
Underperform
51
51 38 1
ioneer Ltd 867.9M 85 69 51
Hold
70
70 39 1
Syrah Resources Limited 856.9M 49 50 69
Underperform
46
46 40 1
Equigold NL 854.0M 50 65 87
Hold
67
67 41 1
Ramelius Resources Limited 828.4M 56 68 62
Hold
60
60 42 1
Vulcan Energy Resources Limited 826.7M 67 78 71
Hold
77
77 43 1
Jervois Global Limited 813.1M 78 71 54
Hold
72
72 44 1
Mincor Resources NL 808.9M 62 77 57
Hold
67
67 45 1
Imdex Limited 796.9M 71 56 74
Hold
70
70 46 1
Bellevue Gold Limited 722.0M 84 69 54
Hold
70
70 47 1
St Barbara Limited 701.5M 53 70 56
Underperform
59
59 48 1
Emerald Resources NL 679.4M 60 68 84
Hold
70
70 49 1
Red 5 Limited 671.6M 47 75 59
Hold
61
61 50 1
Boart Longyear Group Ltd. 651.0M 60 74 68
Hold
69
69 51 1
Mount Gibson Iron Limited 629.5M 48 78 64
Hold
66
66 52 1
Westgold Resources Limited 575.3M 54 65 63
Underperform
58
58 53 1
OM Holdings Limited 563.6M 84 75 82
Buy
85
85 54 1
Neometals Ltd 531.9M 60 72 60
Hold
65
65 55 1
Adriatic Metals PLC 528.8M 66 73 68
Hold
71
71 56 1
Argosy Minerals Limited 467.8M 66 73 68
Hold
71
71 57 1
Perenti Global Limited 461.4M 60 78 67
Hold
72
72 58 1
Champion Iron Limited 441.1M 58 71 55
Hold
64
64 59 1
Panoramic Resources Limited 420.4M 58 71 67
Hold
66
66 60 1
Hastings Technology Metals Limited 404.8M 65 68 67
Hold
68
68 61 1
Alkane Resources Limited 402.0M 78 70 68
Hold
73
73 62 1
Centaurus Metals Limited 397.2M 66 73 68
Hold
71
71 63 1
Bowen Coking Coal Limited 385.5M 66 73 68
Hold
71
71 64 1
Jupiter Mines Limited 372.2M 66 81 50
Hold
64
64 65 1
Galan Lithium Limited 362.2M 66 73 68
Hold
71
71 66 1
Talga Group Ltd 359.9M 53 60 62
Underperform
53
53 67 1
BCI Minerals Limited 349.8M 71 68 60
Hold
66
66 68 1
Metals X Limited 344.8M 68 87 68
Buy
82
82 69 1
Pantoro Limited 330.8M 66 73 68
Hold
71
71 70 1
Aurelia Metals Limited 327.8M 65 58 60
Underperform
56
56 71 1
Macmahon Holdings Limited 283.7M 68 65 62
Hold
66
66 72 1
Lotus Resources Limited 277.3M 66 73 68
Hold
71
71 73 1
Firefinch Limited 236.2M 66 73 68
Hold
71
71 74 1
Andromeda Metals Limited 229.8M 66 73 68
Hold
71
71 75 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Australian Strategic's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Australian Strategic's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.

Bearish 47
Close Price 3.73
52W Low 3.31
52W High 14.09
5D MA 3.6
50D MA 5.29
200D MA 8.77
MACD -0.52
RSI 6.03
STOCH 30.43

Balance Sheet Analysis

A few key balance sheet metrics in this report were discouraging. At filing, Australian Strategic's liabilities were 34.3, representing a 31.7% change from the previous period. This performance is relatively weak in comparison to their peers and suggests that its's stock price will likely suffer until this is solved. Therefore, we rated their liabilities movement with a score of 44. Also, Australian Strategic did a poor job related to managing cash and cash equivalents this period, which stood at 56.9, representing a -39.0% change from the previous filing. Their anemic growth in cash and cash equivalents, specifically in contrast to their industry peers' performance, should hurt their stock price. Its cash and cash equivalents movement, therefore, received a grade of 46. At the same time, one balance sheet metric, Book Value Factors, was actually strongly positive. Australian Strategic publishes impressive results related to book value factors in this report. Specifically, price to book ratio (P/B) now sits at 5.6 and represents a 4.1% change from the previous report. Their industry-leading book value factors momentum reinforces an expectation for future positive momentum for their stock price going forward. The company's book value factors component, therefore, received a grade of 84. Therefore, the company's balance sheet earned a grade of 51.

Parameter Value Change Score
Assets 228.1 -0.2% 69
Liabilities 34.3 31.7% 44
Price to Book 5.6 4.1% 84
Cash & Equivalents 56.9 -39.0% 46
Equity 193.8 -4.3% 55
* All values are TTM

The below chart describes Australian Strategic's performance as reflected on its balance sheet with respect to its peers. While Australian Strategic received a balance sheet score of 51, the average of its peers stands on 58.0.

  •  ASM
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
BHP Group Limited 208.5B 74 92 47 52 76 58 0 1
Fortescue Metals Group Limited 55.0B 83 66 68 55 69 65 1 1
Newcrest Mining Limited 19.4B 85 72 46 46 73 52 2 1
South32 Limited 18.7B 74 73 80 79 74 84 3 1
Mineral Resources Limited 9.2B 83 73 52 42 90 55 4 1
Lynas Rare Earths Limited 8.3B 74 59 77 62 68 70 5 1
Northern Star Resources Limited 8.2B 87 70 56 48 65 56 6 1
IGO Limited 7.8B 43 37 80 42 63 50 7 1
BlueScope Steel Limited 7.3B 64 75 87 90 68 85 8 1
Pilbara Minerals Limited 6.9B 87 59 81 87 56 86 9 1
Allkem Limited 6.9B 53 64 44 65 89 57 10 1
OZ Minerals Limited 6.2B 87 72 72 69 72 74 11 1
Evolution Mining Limited 4.8B 47 57 76 96 54 82 12 1
Alumina Limited 4.4B 51 69 50 46 84 50 13 1
OZ Minerals Holdings Pty Ltd 4.0B 81 62 51 97 87 84 14 1
Iluka Resources Limited 3.9B 76 66 87 69 53 77 15 1
Andean Resources Ltd. 3.7B 70 37 60 97 92 86 16 1
Coronado Global Resources Inc. 2.9B 44 56 87 85 71 83 17 1
Nickel Industries Limited 2.8B 41 44 72 50 70 54 18 1
AVZ Minerals Limited 2.8B 99 56 82 98 66 95 19 1
Sims Limited 2.7B 85 72 83 49 57 68 20 1
Zimplats Holdings Limited 2.6B 80 69 68 76 73 77 21 1
Liontown Resources Limited 2.4B 43 55 82 97 37 81 22 1
Perseus Mining Limited 2.3B 81 70 73 82 66 81 23 1
Deterra Royalties Limited 2.3B 99 79 61 75 68 77 24 1
Sandfire Resources Limited 1.9B 41 64 87 87 73 82 25 1
Core Lithium Ltd 1.8B 37 55 82 94 66 83 26 1
Chalice Mining Limited 1.5B 98 78 39 46 89 54 27 1
Grange Resources Limited 1.5B 54 70 51 71 92 65 28 1
Capricorn Metals Ltd 1.3B 69 59 81 91 65 86 29 1
West African Resources Limited 1.3B 92 56 81 92 42 87 30 1
Silver Lake Resources Limited 1.2B 69 62 62 71 57 66 31 1
De Grey Mining Limited 1.2B 44 49 79 69 48 66 32 1
Gold Road Resources Limited 1.2B 83 72 56 65 60 64 33 1
Lake Resources NL 1.2B 78 74 55 64 78 66 34 1
Sayona Mining Limited 1.2B 78 74 55 64 78 66 35 1
Regis Resources Limited 1.1B 77 74 51 48 63 53 36 1
Piedmont Lithium Inc. 1.1B 97 54 82 97 39 88 37 1
5E Advanced Materials Inc. 927.2M 44 83 54 45 37 47 38 1
ioneer Ltd 867.9M 98 56 80 86 52 85 39 1
Syrah Resources Limited 856.9M 63 75 38 46 94 49 40 1
Equigold NL 854.0M 57 46 86 50 45 50 41 1
Ramelius Resources Limited 828.4M 67 41 78 48 49 56 42 1
Vulcan Energy Resources Limited 826.7M 39 53 80 74 41 67 43 1
Jervois Global Limited 813.1M 71 71 44 94 95 78 44 1
Mincor Resources NL 808.9M 83 78 43 62 56 62 45 1
Imdex Limited 796.9M 59 69 83 61 75 71 46 1
Bellevue Gold Limited 722.0M 96 56 81 87 42 84 47 1
St Barbara Limited 701.5M 80 69 51 49 61 53 48 1
Emerald Resources NL 679.4M 51 58 80 51 57 60 49 1
Red 5 Limited 671.6M 49 45 39 55 96 47 50 1
Boart Longyear Group Ltd. 651.0M 85 79 39 60 87 60 51 1
Mount Gibson Iron Limited 629.5M 94 76 39 41 74 48 52 1
Westgold Resources Limited 575.3M 77 65 55 47 73 54 53 1
OM Holdings Limited 563.6M 84 69 84 81 50 84 54 1
Neometals Ltd 531.9M 97 77 46 50 97 60 55 1
Adriatic Metals PLC 528.8M 78 74 55 64 78 66 56 1
Argosy Minerals Limited 467.8M 78 74 55 64 78 66 57 1
Perenti Global Limited 461.4M 68 71 51 61 74 60 58 1
Champion Iron Limited 441.1M 66 49 73 47 67 58 59 1
Panoramic Resources Limited 420.4M 78 75 43 58 85 58 60 1
Hastings Technology Metals Limited 404.8M 75 72 56 67 67 65 61 1
Alkane Resources Limited 402.0M 45 56 83 88 40 78 62 1
Centaurus Metals Limited 397.2M 78 74 55 64 78 66 63 1
Bowen Coking Coal Limited 385.5M 78 74 55 64 78 66 64 1
Jupiter Mines Limited 372.2M 63 93 46 52 80 66 65 1
Galan Lithium Limited 362.2M 78 74 55 64 78 66 66 1
Talga Group Ltd 359.9M 90 78 38 45 95 53 67 1
BCI Minerals Limited 349.8M 86 73 58 67 82 71 68 1
Metals X Limited 344.8M 90 77 50 67 80 68 69 1
Pantoro Limited 330.8M 78 74 55 64 78 66 70 1
Aurelia Metals Limited 327.8M 85 69 59 60 72 65 71 1
Macmahon Holdings Limited 283.7M 47 61 72 78 44 68 72 1
Lotus Resources Limited 277.3M 78 74 55 64 78 66 73 1
Firefinch Limited 236.2M 78 74 55 64 78 66 74 1
Andromeda Metals Limited 229.8M 78 74 55 64 78 66 75 1

Income Statement Analysis

Australian Strategic appears likely to maintain its strong income statement metrics and momentum going forward. Australian Strategic did an excellent job managing its revenue efficiency this past period. Australian Strategic's revenue efficiency is 1.7 according to the metrics in the current filing, which represents a -1.5% change from the previous report. This parameter often affects companies in the same industry and market capitalization by up to 24.0%. Their revenue efficiency, specifically in contrast to their industry peers', should support a positive movement in the company's stock price. Consequently, their revenue efficiency received a grade of 91. Also, Australian Strategic's reported return on equity (ROE) ratio was -7.8, representing a change of -859.6%. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. Consequently, their return factors received a grade of 66. That said, one metric, EBITDA, stood out as strongly negative. Australian Strategic reported concerning EBITDA this period. At filing, EBITDA was reported as -13.0, representing -126.4% change from the previous period. This parameter coud affect companies in the same industry and market capitalization by up to 20.0%. Their EBITDA metrics are even more problematic when compared to their peers. Therefore, their EBITDA component earned a score of 62. Its income statement, therefore, earned a score of 74.

Parameter Value Change Score
EBITDA -13.0 -126.4% 62
Total Revenues 1.7 -1.5% 91
Return on Equity -7.8 -859.6% 66
* All values are TTM

The below chart describes Australian Strategic's performance as reflected on its income statement with respect to its peers. While Australian Strategic received a income statement score of 74 , the average of its peers stands on 71.0.

  •  ASM
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
BHP Group Limited 208.5B 64 79 79 71 0 1
Fortescue Metals Group Limited 55.0B 58 78 75 67 1 1
Newcrest Mining Limited 19.4B 95 45 48 66 2 1
South32 Limited 18.7B 47 94 95 72 3 1
Mineral Resources Limited 9.2B 94 42 44 63 4 1
Lynas Rare Earths Limited 8.3B 50 91 83 69 5 1
Northern Star Resources Limited 8.2B 48 66 68 56 6 1
IGO Limited 7.8B 98 72 48 78 7 1
BlueScope Steel Limited 7.3B 86 71 66 72 8 1
Pilbara Minerals Limited 6.9B 38 96 96 69 9 1
Allkem Limited 6.9B 46 75 74 61 10 1
OZ Minerals Limited 6.2B 48 82 82 66 11 1
Evolution Mining Limited 4.8B 94 46 43 64 12 1
Alumina Limited 4.4B 87 73 76 79 13 1
OZ Minerals Holdings Pty Ltd 4.0B 39 88 45 61 14 1
Iluka Resources Limited 3.9B 50 62 89 60 15 1
Andean Resources Ltd. 3.7B 37 89 91 97 16 1
Coronado Global Resources Inc. 2.9B 39 98 97 74 17 1
Nickel Industries Limited 2.8B 66 61 55 60 18 1
AVZ Minerals Limited 2.8B 87 63 41 68 19 1
Sims Limited 2.7B 45 90 92 69 20 1
Zimplats Holdings Limited 2.6B 94 50 52 68 21 1
Liontown Resources Limited 2.4B 87 78 91 84 22 1
Perseus Mining Limited 2.3B 42 88 83 65 23 1
Deterra Royalties Limited 2.3B 45 83 66 61 24 1
Sandfire Resources Limited 1.9B 64 73 74 69 25 1
Core Lithium Ltd 1.8B 87 47 81 70 26 1
Chalice Mining Limited 1.5B 99 65 76 81 27 1
Grange Resources Limited 1.5B 74 61 61 64 28 1
Capricorn Metals Ltd 1.3B 37 98 97 69 29 1
West African Resources Limited 1.3B 43 84 63 59 30 1
Silver Lake Resources Limited 1.2B 95 42 41 63 31 1
De Grey Mining Limited 1.2B 44 45 76 47 32 1
Gold Road Resources Limited 1.2B 94 48 49 67 33 1
Lake Resources NL 1.2B 87 62 66 73 34 1
Sayona Mining Limited 1.2B 87 62 66 73 35 1
Regis Resources Limited 1.1B 65 50 45 53 36 1
Piedmont Lithium Inc. 1.1B 87 63 68 77 37 1
5E Advanced Materials Inc. 927.2M 74 37 56 58 38 1
ioneer Ltd 867.9M 87 55 60 69 39 1
Syrah Resources Limited 856.9M 38 67 62 50 40 1
Equigold NL 854.0M 79 44 91 65 41 1
Ramelius Resources Limited 828.4M 94 51 48 68 42 1
Vulcan Energy Resources Limited 826.7M 87 67 84 78 43 1
Jervois Global Limited 813.1M 37 94 93 71 44 1
Mincor Resources NL 808.9M 98 57 59 77 45 1
Imdex Limited 796.9M 77 60 56 56 46 1
Bellevue Gold Limited 722.0M 87 44 83 69 47 1
St Barbara Limited 701.5M 93 56 53 70 48 1
Emerald Resources NL 679.4M 37 96 94 68 49 1
Red 5 Limited 671.6M 95 58 66 75 50 1
Boart Longyear Group Ltd. 651.0M 93 58 67 74 51 1
Mount Gibson Iron Limited 629.5M 99 62 66 78 52 1
Westgold Resources Limited 575.3M 84 58 43 65 53 1
OM Holdings Limited 563.6M 50 96 97 75 54 1
Neometals Ltd 531.9M 87 66 56 72 55 1
Adriatic Metals PLC 528.8M 87 62 66 73 56 1
Argosy Minerals Limited 467.8M 87 62 66 73 57 1
Perenti Global Limited 461.4M 73 81 87 78 58 1
Champion Iron Limited 441.1M 95 50 45 71 59 1
Panoramic Resources Limited 420.4M 95 50 62 71 60 1
Hastings Technology Metals Limited 404.8M 90 51 53 68 61 1
Alkane Resources Limited 402.0M 68 74 74 70 62 1
Centaurus Metals Limited 397.2M 87 62 66 73 63 1
Bowen Coking Coal Limited 385.5M 87 62 66 73 64 1
Jupiter Mines Limited 372.2M 96 46 50 81 65 1
Galan Lithium Limited 362.2M 87 62 66 73 66 1
Talga Group Ltd 359.9M 87 40 47 60 67 1
BCI Minerals Limited 349.8M 94 47 56 68 68 1
Metals X Limited 344.8M 94 84 79 87 69 1
Pantoro Limited 330.8M 87 62 66 73 70 1
Aurelia Metals Limited 327.8M 68 58 49 58 71 1
Macmahon Holdings Limited 283.7M 88 51 48 65 72 1
Lotus Resources Limited 277.3M 87 62 66 73 73 1
Firefinch Limited 236.2M 87 62 66 73 74 1
Andromeda Metals Limited 229.8M 87 62 66 73 75 1

Cash Flow Analysis

Australian Strategic appears likely to maintain its strong cash flow metrics and momentum going forward. Australian Strategic's management was effective in improving its CapEx, which now sits at -25.9 and represents -188.4% change from the previous report. This remarkable CapEx growth is expected to reinforce upward momentum for its's stock price going forward. Therefore, its CapEx movement component earned a score of 76. Also, Australian Strategic's management was effective in improving their net cash flow, which now sits at 44.5 and represents a -40.6% change from the previous report. Their net cash flow metrics are especially remarkable relative to their peers. The company's net cash flow, therefore, received a grade of 72. However, one discouraging result, Asset Turnover, stood out. Australian Strategic's asset turnover metrics were concerning and highlighted potential issues management is having effectively turning assets into sales efficiently. At filing, their asset turnover metrics were 0.0, representing a -2.3% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 2.7%. Their lackluster asset turnover metrics, specifically in contrast to leading industry peers' performance, could present significant headwinds. Underwhelming results in asset turnover metrics often lead to negative pressure in stock prices, so we rated its asset turnover momentum 69. The company's cash flow received an overall score of 72.

Parameter Value Change Score
Net Cashflow 44.5 -40.6% 72
Capital Expenditure -25.9 -188.4% 76
Asset Turnover 0.0 -2.3% 69
Free Cashflow -0.4 -219.9% 69
* All values are TTM

The below chart describes Australian Strategic's performance as reflected on its cash flow with respect to its peers. While Australian Strategic received a cash flow score of 72, the average of its peers stands on 70.0.

  •  ASM
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
BHP Group Limited 208.5B 70 77 80 71 75 0 1
Fortescue Metals Group Limited 55.0B 74 78 69 74 75 1 1
Newcrest Mining Limited 19.4B 58 48 63 55 57 2 1
South32 Limited 18.7B 72 86 82 75 78 3 1
Mineral Resources Limited 9.2B 58 69 54 63 61 4 1
Lynas Rare Earths Limited 8.3B 78 63 76 58 70 5 1
Northern Star Resources Limited 8.2B 70 58 54 91 73 6 1
IGO Limited 7.8B 80 73 66 57 72 7 1
BlueScope Steel Limited 7.3B 48 47 56 70 52 8 1
Pilbara Minerals Limited 6.9B 87 97 76 78 86 9 1
Allkem Limited 6.9B 75 77 70 84 82 10 1
OZ Minerals Limited 6.2B 69 97 66 73 78 11 1
Evolution Mining Limited 4.8B 54 49 61 39 50 12 1
Alumina Limited 4.4B 68 74 76 70 72 13 1
OZ Minerals Holdings Pty Ltd 4.0B 49 86 84 39 50 14 1
Iluka Resources Limited 3.9B 75 84 52 74 74 15 1
Andean Resources Ltd. 3.7B 40 55 56 37 41 16 1
Coronado Global Resources Inc. 2.9B 77 86 53 93 81 17 1
Nickel Industries Limited 2.8B 75 63 76 61 70 18 1
AVZ Minerals Limited 2.8B 60 69 76 37 58 19 1
Sims Limited 2.7B 83 98 56 82 82 20 1
Zimplats Holdings Limited 2.6B 75 77 63 44 64 21 1
Liontown Resources Limited 2.4B 59 69 76 51 62 22 1
Perseus Mining Limited 2.3B 69 94 90 83 83 23 1
Deterra Royalties Limited 2.3B 77 88 96 51 75 24 1
Sandfire Resources Limited 1.9B 73 85 63 71 76 25 1
Core Lithium Ltd 1.8B 61 69 76 72 69 26 1
Chalice Mining Limited 1.5B 53 62 84 38 55 27 1
Grange Resources Limited 1.5B 75 79 76 62 73 28 1
Capricorn Metals Ltd 1.3B 81 83 81 79 82 29 1
West African Resources Limited 1.3B 73 84 42 58 66 30 1
Silver Lake Resources Limited 1.2B 63 53 64 47 58 31 1
De Grey Mining Limited 1.2B 80 69 76 61 73 32 1
Gold Road Resources Limited 1.2B 57 57 54 50 56 33 1
Lake Resources NL 1.2B 68 69 76 60 68 34 1
Sayona Mining Limited 1.2B 68 69 76 60 68 35 1
Regis Resources Limited 1.1B 65 76 68 69 69 36 1
Piedmont Lithium Inc. 1.1B 59 62 69 54 60 37 1
5E Advanced Materials Inc. 927.2M 55 48 71 71 61 38 1
ioneer Ltd 867.9M 47 57 54 51 51 39 1
Syrah Resources Limited 856.9M 59 58 43 98 69 40 1
Equigold NL 854.0M 91 69 72 84 87 41 1
Ramelius Resources Limited 828.4M 59 56 81 58 62 42 1
Vulcan Energy Resources Limited 826.7M 67 69 76 69 71 43 1
Jervois Global Limited 813.1M 43 51 38 82 54 44 1
Mincor Resources NL 808.9M 63 63 72 45 57 45 1
Imdex Limited 796.9M 71 72 79 73 74 46 1
Bellevue Gold Limited 722.0M 51 64 56 51 54 47 1
St Barbara Limited 701.5M 54 46 71 55 56 48 1
Emerald Resources NL 679.4M 84 81 80 81 84 49 1
Red 5 Limited 671.6M 68 49 48 59 59 50 1
Boart Longyear Group Ltd. 651.0M 62 74 81 63 68 51 1
Mount Gibson Iron Limited 629.5M 68 69 59 56 64 52 1
Westgold Resources Limited 575.3M 59 69 71 59 63 53 1
OM Holdings Limited 563.6M 75 90 90 75 82 54 1
Neometals Ltd 531.9M 62 54 71 52 60 55 1
Adriatic Metals PLC 528.8M 68 69 76 60 68 56 1
Argosy Minerals Limited 467.8M 68 69 76 60 68 57 1
Perenti Global Limited 461.4M 61 69 54 78 67 58 1
Champion Iron Limited 441.1M 56 69 51 49 55 59 1
Panoramic Resources Limited 420.4M 69 69 79 54 67 60 1
Hastings Technology Metals Limited 404.8M 65 68 74 57 67 61 1
Alkane Resources Limited 402.0M 69 58 68 71 68 62 1
Centaurus Metals Limited 397.2M 68 69 76 60 68 63 1
Bowen Coking Coal Limited 385.5M 68 69 76 60 68 64 1
Jupiter Mines Limited 372.2M 51 51 84 44 50 65 1
Galan Lithium Limited 362.2M 68 69 76 60 68 66 1
Talga Group Ltd 359.9M 53 48 76 70 62 67 1
BCI Minerals Limited 349.8M 62 54 76 49 60 68 1
Metals X Limited 344.8M 70 81 72 55 68 69 1
Pantoro Limited 330.8M 68 69 76 60 68 70 1
Aurelia Metals Limited 327.8M 72 58 54 49 60 71 1
Macmahon Holdings Limited 283.7M 72 53 46 57 62 72 1
Lotus Resources Limited 277.3M 68 69 76 60 68 73 1
Firefinch Limited 236.2M 68 69 76 60 68 74 1
Andromeda Metals Limited 229.8M 68 69 76 60 68 75 1

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