Fin Resources Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A$ (N/A)
Beta 1.66
Market capitalization 11.5M
Operating cash flow -825.83k
ESG Scores unknown

Company description

Fin Resources Limited engages in the exploration and evaluation of mineral properties in Western Australia. The company explore for gold, base metals, graphite, nickel, copper, and cobalt deposits. It holds 80% interests in the North Onslow Solar Salt Project covering an area of 425 square kilometers; the McKenzie Springs project covering an area of approximately 134 square kilometers; the Sentinel project covering an area of approximately 44 square kilometers; and the South Big Bell project covering an area of approximately 50 square kilometers located in Western Australia. The company was formerly known as Orca Energy Limited and changed its name to Fin Resources Limited in April 2018. Fin Resources Limited was incorporated in 1985 and is based in West Perth, Australia.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 56.3k 10.93k -4.71k 74.99k
Total Cashflows From Investing Activities -19.64k -278.73k -56.03k -444.19k
Net Borrowings
Total Cash From Financing Activities 907.38k 80.08k 2.48M 2.48M
Change To Operating Activities -54.22k
Issuance Of Stock 1M 2.58M 2.58M 2.58M
Net Income -576.27k -274.9k -295.32k -880.12k
Change In Cash 335.43k -414.62k -327.02k 1.56M
Effect Of Exchange Rate
Total Cash From Operating Activities -552.32k -215.97k -270.99k -473.8k
Depreciation 274.55k 274.55k 274.55k 274.55k
Change To Account Receivables -26.13k 13.54k -1.12k -27.61k
Other Cashflows From Financing Activities -92.62k 80.08k -94.97k -94.97k
Change To Netincome 48k 34.46k 30.15k 84.39k
Capital Expenditures -19.64k -278.73k -56.03k -444.19k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -576.27k -274.9k -295.32k -880.12k
Net Income -576.27k -274.9k -295.32k -880.12k
Selling General Administrative 479.12k 249.47k 257.06k 414.47k
Gross Profit
Ebit -637.88k -335.97k -334.51k -903.88k
Operating Income -637.88k -335.97k -334.51k -903.88k
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 61.6k 61.07k 39.19k 23.75k
Net Income From Continuing Ops -576.27k -274.9k -295.32k -880.12k
Net Income Applicable To Common Shares -576.27k -274.9k -295.32k -880.12k

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 89.9k 42.9k 30.76k 352.58k
Total Stockholder Equity 4.63M 4.47M 4.2M 5.65M
Other Current Liabilities 21.83k 22.79k 21.43k 291.03k
Total Assets 4.72M 4.51M 4.24M 6M
Common Stock 29.89M 29.85M 29.85M 32.09M
Other Current Assets
Retained Earnings -27.85M -28.12M -28.42M -29.3M
Treasury Stock 2.59M 2.75M 2.77M 2.86M
Cash 4.22M 3.81M 3.48M 5.04M
Total Current Liabilities 89.9k 42.9k 30.76k 352.58k
Other Stockholder Equity 2.59M 2.75M 2.77M 2.86M
Property, Plant, and Equipment 459.63k 680.44k 728.35k 900.25k
Total Current Assets 4.26M 3.83M 3.51M 5.1M
Net Tangible Assets 4.63M 4.47M 4.2M 5.65M
Net Receivables 22.18k 9.57k 7.44k 28.41k
Accounts Payable 68.06k 20.11k 9.33k 61.56k


Insider Transactions

Here are the insider transactions of stock shares related to Fin Resources Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Varma (Gautam)Other at price 0.01 per share.D2022-07-29Managing Director2M
de Franck (Ryan)D2022-05-31Former66.67M
Mottram (Simon Jon)Other at price 0.00 per share.D2022-01-17Director (Non-Executive)333.33k
Radonjic (Andrew)D2021-11-30Former2M
Radonjic (Andrew)D2021-05-05Director (Non-Executive)2M
Bontempo (Jason Anthony)Other at price 0.02 per share.D2021-03-10Director (Non-Executive)7M
Bontempo (Jason Anthony)Purchase at price 0.03 per share.D2020-03-23Director (Non-Executive)7M
Pitts (Arthur)D2012-06-30Director1M
Gwynne (Mark Gregory)D2011-08-15Former21M
Spencer (Scott Sherwood)D2011-07-12Former10.5M
Gwynne (Mark Gregory)Other at price 0.00 per share.D2009-12-03Director (Executive)5M
Spencer (Scott Sherwood)Other at price 0.00 per share.D2009-12-03Chairman of the Board2.5M
Roestenburg (Jon Willem)Other at price 0.00 per share.D2009-12-03Managing Director6.6M
Gwynne (Mark Gregory)Other at price 0.00 per share.D2009-10-27Director (Executive)5M
Roestenburg (Jon Willem)D2009-10-27Managing Director2.6M
Gwynne (Mark Gregory)Other at price 0.00 per share.D2009-06-24Director (Executive)5.5M
Roestenburg (Jon Willem)D2009-06-24Managing Director2.6M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Fin Resources Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Fin Resources Limited

Here is the result of two systematic investment strategies applied to Fin Resources Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Fin Resources Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Fin Resources Limited:

Fin Resources Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 25.36% on the backtest period.

Performance at glance

Performance

25.36 %

Latent gain

570.65 $

Invested capital

2250.03 $

Annualized return

6.19 %
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Momentum strategy results on Fin Resources Limited

This is the result of two momentum investment strategies applied to Fin Resources Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Fin Resources Limited

The following chart shows all the entries opened by the momentum investment system on Fin Resources Limited:

Fin Resources Limited momentum entries
  • The first momentum investment strategy would give 24.96% of return on Fin Resources Limited. That represents 1123.28$ of latent gain with 4500.04$ of employed capital.
  • The second momentum investment strategy would give 38.89% of return on Fin Resources Limited. That represents 1166.71$ of latent gain with 3000.03$ of employed capital.
Performance at glance (1Q Momentum)

Performance

24.96 %

Latent gain

1123.28 $

Invested capital

4500.04 $

Annualized return

51.15 %
Performance at glance (2Q Momentum)

Performance

38.89 %

Latent gain

1166.71 $

Invested capital

3000.03 $

Annualized return

10.74 %

Momentum equity curve on Fin Resources Limited

The following chart shows the equity curve of the two momentum strategies applied to Fin Resources Limited:

Fin Resources Limited momentum equity

Note: the dividends potentially given by Fin Resources Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Fin Resources Limited

The following chart shows the employed capital evolution of the two momentum strategies on Fin Resources Limited since the beginning:

Fin Resources Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Fin Resources Limited

Buy the dip entry openings on Fin Resources Limited

Fin Resources Limited

The performance achieved by the robo-advisor on Fin Resources Limited is 107.41%. That represents 805.56$ of latent gain with 750.0$ of employed capital. The following chart shows Fin Resources Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Fin Resources Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

107.41 %

Latent gain

805.56 $

Invested capital

750.0 $

Annualized return

51.15 %

Equity curve of the strategy applied to Fin Resources Limited

The following chart shows the result of the investment strategy applied to Fin Resources Limited:

Fin Resources Limited

Note: the dividends potentially given by Fin Resources Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Fin Resources Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Fin Resources Limited:

Fin Resources Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Fin Resources Limited

In this section, I will compare the three previous investment strategies applied to Fin Resources Limited.

Equity curve comparison on Fin Resources Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Fin Resources Limited investment strategy comparison

Employed capital comparison on Fin Resources Limited

Fin Resources Limited investment comparison

Performance comparison on Fin Resources Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 25.36% 570.65$ 2250.03$ 6.19%
Momentum 1 quarter 24.96% 1123.28$ 4500.04$ 6.47%
Momentum 2 quarters 38.89% 1166.71$ 3000.03$ 10.74%
Non-directional 107.41% 805.56$ 750.0$ 51.15%
Annualized return comparison

Automatic investment

6.19 %

Momentum 1Q

10.74 %

Momentum 2Q

10.74 %

Non-directional

51.15 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Fin Resources Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Fin Resources Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Fin Resources Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Fin Resources Limited
Country Australia
City West Perth
Address 35 Richardson Street
Phone 61 8 6117 0453
Website www.finresources.com.au
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XASX
Ticker FIN.XASX
Market www2.asx.com.au

Fin Resources Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown