Valuation: Echo Resources Limited

Market Cap 237M 209M 194M 178M 334M 22.87B 340M 2.3B 900M 11.24B 891M 872M 38.87B P/E 2018
-9.11x
P/E 2019 -3.12x
Enterprise Value 220M 193M 180M 165M 310M 21.2B 315M 2.13B 834M 10.42B 826M 809M 36.03B 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 44.14K 41.05K 37.67K 70.77K 4.84M 71.86K 487K 190K 2.38M 189K 185K 8.23M 51.91K 45.59K 42.4K 38.91K 73.1K 5M 74.23K 503K 197K 2.46M 195K 191K 8.5M
Net income -13.16M -11.56M -10.75M -9.86M -18.53M -1.27B -18.81M -128M -49.86M -623M -49.39M -48.33M -2.15B -26.73M -23.48M -21.83M -20.04M -37.65M -2.57B -38.23M -259M -101M -1.27B -100M -98.19M -4.38B
Net Debt -7.58M -6.66M -6.19M -5.68M -10.67M -730M -10.84M -73.51M -28.72M -359M -28.45M -27.84M -1.24B -17.33M -15.22M -14.15M -12.99M -24.4M -1.67B -24.78M -168M -65.66M -820M -65.04M -63.64M -2.84B
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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