Valuation: Echo Resources Limited

Market Cap 237M 205M 192M 176M 331M 22.6B 336M 2.25B 883M 11.33B 892M 872M 37.45B P/E 2018
-9.11x
P/E 2019 -3.12x
Enterprise Value 220M 190M 178M 163M 307M 20.95B 312M 2.09B 819M 10.5B 827M 808M 34.71B EV / Sales 2018
2,377x
EV / Sales 2019 1,730x
Free-Float
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Yield 2018 *
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Yield 2019 -
19-11-10 Northern Star Resources Limited completed the acquisition of remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others. CI
19-11-04 Echo Resources Limited(ASX:EAR) dropped from S&P/ASX Emerging Companies Index CI
19-10-16 Echo Resources Limited Announces the Cessation of Timothy Marcus Stephen Hanlon as Director CI
19-10-15 Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project in Western Australia CI
19-10-15 Echo Resources Limited Announces Management Changes CI
19-09-13 Metaliko Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2019 CI
19-08-26 Northern Star Resources Limited entered into a bid implementation agreement to acquire remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others for approximately AUD 180 million. CI
19-08-25 Echo Resources Limited Provides Exploration Update for the Yandal Gold Project in Western Australia CI
19-08-04 Echo Resources Limited Announces the Appointment of Alistair Cowden as Director Effective from 1 August 2019 CI
19-08-01 Echo Resources Limited Announces the Cessation of Barry Bolitho as Director CI
19-07-31 Echo Resources Limited Announces Executive Changes CI
19-07-10 Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project CI
19-06-24 Echo Resources Limited Provides an Updated Mineral Resource Estimate for the 70% Owned Mt Joel Project CI
Director TitleAgeSince
Director/Board Member - 2019-10-15
Director/Board Member - 2019-10-15

Financials

2018 2019
Net sales 50.26K 43.47K 40.59K 37.24K 70.04K 4.78M 71.16K 476K 187K 2.4M 189K 185K 7.93M 51.91K 44.9K 41.93K 38.47K 72.35K 4.94M 73.5K 492K 193K 2.48M 195K 191K 8.19M
Net income -13.16M -11.38M -10.63M -9.75M -18.34M -1.25B -18.63M -125M -48.94M -628M -49.41M -48.33M -2.07B -26.73M -23.12M -21.59M -19.81M -37.26M -2.54B -37.85M -253M -99.43M -1.28B -100M -98.18M -4.22B
Net Debt -7.58M -6.56M -6.12M -5.62M -10.56M -721M -10.73M -71.83M -28.19M -362M -28.46M -27.84M -1.2B -17.33M -14.99M -14M -12.84M -24.15M -1.65B -24.53M -164M -64.45M -827M -65.07M -63.64M -2.73B
Logo Echo Resources Limited
Echo Resources Limited is an Australia-based company engaged in exploration for mineral resources. The Company is focused on Gold in the Yandal Belt region of Western Australia. The Yandal Gold Project is located in the northern part of the Eastern Goldfields, and hosts the Julius Gold Project, as well as a range of prospective targets. The Company holds approximately 915 square kilometers tenement package across the Yandal Gold Province. The Julius Gold Project is located approximately 450 kilometers north of Kalgoorlie and over 70 kilometers east of Wiluna. The Zaphod Prospect is located within the southern part of the tenement package and within approximately 10 kilometers of multi-million ounce Gold deposits. The Company has also identified a range of regional targets at the Yandal Project. The regional prospects include Tipperary, Wimbledon, Bill's Find, Orpheus and Shady Well.
Employees
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Sector
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