Strike Resources Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.04
Dividend & YieldN/A$ (N/A)
Beta 2.34
Market capitalization 28.35M
Operating cash flow -3.81M
ESG Scores unknown

Company description

Strike Resources Limited operates as a mineral exploration company in Australia, Argentina, and Peru. The company primarily explores for iron ore, graphite, gold, and lithium deposits. Its flagship project is the Apurimac magnetite iron ore project covering an area of approximately 7,500 hectares located in the Southern Highlands of Peru. The company was incorporated in 1999 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 36.27k 23.15k 132.11k 1.79M
Total Cashflows From Investing Activities -1.25M 568.16k 1.06M -401.34k
Net Borrowings
Total Cash From Financing Activities 2.61M 2.61M 2.61M 8.54M
Change To Operating Activities -539.31k -437.39k -853.8k -3.03M
Issuance Of Stock 2.78M 2.78M 2.78M 9.03M
Net Income -681.61k -1.88M -1.4M 3.86M
Change In Cash -2.95M -1.07M 1.95M 3.21M
Effect Of Exchange Rate 2.14k 88.26k -98.4k -271.73k
Total Cash From Operating Activities -1.7M -1.73M -1.62M -4.66M
Depreciation 320.19k 688.76k 191.24k -626.86k
Change To Account Receivables -113.63k -138.94k 85.2k -155.95k
Other Cashflows From Financing Activities -171.03k -171.03k -171.03k -489.74k
Change To Netincome -440.53k 291.54k 170.37k 384.42k
Capital Expenditures -1.91k -3.33k -3.41k -407.54k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -681.61k -1.88M -1.4M 3.86M
Net Income -681.61k -1.88M -1.4M 3.86M
Selling General Administrative 1.01M 1.2M 1.05M 2.99M
Gross Profit 159.15k 50.32k 50.66k
Ebit -1.34M -1.99M -1.2M -2.39M
Operating Income -1.34M -1.99M -1.2M -2.39M
Interest Expense -5.51k -8.97k -3.2k -11.57k
Income Tax Expense
Total Revenue 159.15k 50.32k 50.66k
Cost Of Revenue
Total Other Income ExpenseNet 661.07k 116.98k -203.16k 6.25M
Net Income From Continuing Ops -681.61k -1.88M -1.4M 3.86M
Net Income Applicable To Common Shares -681.61k -1.88M -1.4M 3.86M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 95.1k 117.99k 254.37k 2.16M
Total Stockholder Equity 4.83M 3.03M 4.24M 16.47M
Other Current Liabilities 33.05k 28.57k 36.48k 1.78M
Total Assets 4.93M 3.15M 4.49M 18.64M
Common Stock 148.44M 148.44M 151.05M 159.42M
Other Current Assets 3.44k 4k 5.83k 14.1k
Retained Earnings -158.6M -160.48M -161.88M -158.02M
Treasury Stock 15M 15.07M 15.07M 15.07M
Cash 2.36M 1.29M 3.24M 6.45M
Total Current Liabilities 95.1k 117.99k 254.37k 2.16M
Other Stockholder Equity 15M 15.07M 15.07M 15.07M
Property, Plant, and Equipment 584.34k 352.46k 1.02M 3.84M
Total Current Assets 4.34M 2.8M 3.47M 8.26M
Net Tangible Assets 4.83M 3.03M 4.24M 16.47M
Net Receivables 46.22k 166.39k 57.49k 207.24k
Accounts Payable 62.04k 89.42k 217.89k 384.09k


Insider Transactions

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

Filer Name Transaction Text Ownership Date Filer Relation Shares
Khan (Farooq)Sale at price 0.09 per share.D2020-08-24Chairman of the Board530.01k
Khan (Farooq)Purchase at price 0.10 per share.D2020-08-24Chairman of the Board1.59M
Johnson (William Matthew)Purchase at price 0.04 per share.D2019-05-20Managing Director95k
Johnson (William Matthew)Purchase at price 0.03 per share.D2019-05-15Managing Director5k
Ho (Victor Poh Hong)D2016-06-30Director (Non-Executive)116k
Richmond (Malcolm Ross)Disposition at price 0.04 per share.D2015-09-04Chairman of the Board100k
Khan (Farooq)D2015-06-30Alternate Director220.79k
Ho (Victor Poh Hong)D2014-06-30Director (Non-Executive)116k
Khan (Farooq)I2014-01-21Alternate Director
Johnson (William Matthew)Purchase at price 0.05 per share.D2013-06-13Director150k
Johnson (William Matthew)Purchase at price 0.09 per share.D2013-04-15Director99.27k
Hellsten (Kenneth John)Purchase at price 0.29 per share.D2011-08-08Managing Director2.95k
Hellsten (Kenneth John)Purchase at price 0.27 per share.D2011-08-04Managing Director27.05k
Madan (Hem Shanker)D2011-02-03Retired496.34k
Khan (Farooq)I2011-02-03Retired13.19M
Lim (David)D2010-06-30Chief Financial Officer38.1k
Ho (Victor Poh Hong)D2010-06-30Former16.67k
Hellsten (Kenneth John)Acquisition at price 0.51 per share.D2010-06-04Managing Director21.14k
Hellsten (Kenneth John)Acquisition at price 0.48 per share.D2010-06-03Managing Director48.86k
Hellsten (Kenneth John)Acquisition at price 0.57 per share.D2010-05-07Managing Director8.08k
Hellsten (Kenneth John)Acquisition at price 0.62 per share.D2010-05-06Managing Director25k
Hellsten (Kenneth John)Acquisition at price 0.64 per share.D2010-05-05Managing Director24k
Hellsten (Kenneth John)Acquisition at price 0.86 per share.D2010-04-08Managing Director43.02k
Hellsten (Kenneth John)Acquisition at price 0.74 per share.D2010-03-26Managing Director15k
Hellsten (Kenneth John)Acquisition at price 0.58 per share.D2010-03-26Managing Director1.98k
Ho (Victor Poh Hong)D2009-09-25Secretary109.33k
Madan (Hem Shanker)Sale at price 0.52 per share.D2009-08-07Managing Director7.5k
Khan (Farooq)Acquisition at price 0.65 per share.I2008-09-23Director (Executive)100k
Khan (Farooq)Acquisition at price 1.49 per share.I2008-08-14Director (Executive)65k
Khan (Farooq)Acquisition at price 1.60 per share.I2008-08-13Director (Executive)35k
Khan (Farooq)I2008-08-11Director (Executive)9.5M
Stephenson (John Francis)Other at price 1.82 per share.D2007-12-03Chairman of the Board2k

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 Strike 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 Strike Resources Limited

Here is the result of two systematic investment strategies applied to Strike 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 Strike Resources Limited

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

Strike Resources Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 265.56% on the backtest period.

Performance at glance

Performance

265.56 %

Latent gain

8630.62 $

Invested capital

3249.95 $

Annualized return

48.46 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Strike Resources Limited

This is the result of two momentum investment strategies applied to Strike 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 Strike Resources Limited

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

Strike Resources Limited momentum entries
  • The first momentum investment strategy would give 333.33% of return on Strike Resources Limited. That represents 20832.71$ of latent gain with 6249.86$ of employed capital.
  • The second momentum investment strategy would give 321.14% of return on Strike Resources Limited. That represents 16057.08$ of latent gain with 5000.0$ of employed capital.
Performance at glance (1Q Momentum)

Performance

333.33 %

Latent gain

20832.71 $

Invested capital

6249.86 $

Annualized return

98.28 %
Performance at glance (2Q Momentum)

Performance

321.14 %

Latent gain

16057.08 $

Invested capital

5000.0 $

Annualized return

64.23 %

Momentum equity curve on Strike Resources Limited

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

Strike Resources Limited momentum equity

Note: the dividends potentially given by Strike 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 Strike Resources Limited

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

Strike 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 Strike Resources Limited

Buy the dip entry openings on Strike Resources Limited

Strike Resources Limited

The performance achieved by the robo-advisor on Strike Resources Limited is 342.0%. That represents 3420.05$ of latent gain with 1000.01$ of employed capital. The following chart shows Strike Resources Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Strike 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

342.0 %

Latent gain

3420.05 $

Invested capital

1000.01 $

Annualized return

98.28 %

Equity curve of the strategy applied to Strike Resources Limited

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

Strike Resources Limited

Note: the dividends potentially given by Strike 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 Strike Resources Limited

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

Strike 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 Strike Resources Limited

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

Equity curve comparison on Strike Resources Limited

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

Strike Resources Limited investment strategy comparison

Employed capital comparison on Strike Resources Limited

Strike Resources Limited investment comparison

Performance comparison on Strike Resources Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 265.56% 8630.62$ 3249.95$ 48.46%
Momentum 1 quarter 333.33% 20832.71$ 6249.86$ 63.61%
Momentum 2 quarters 321.14% 16057.08$ 5000.0$ 64.23%
Non-directional 342.0% 3420.05$ 1000.01$ 98.28%
Annualized return comparison

Automatic investment

48.46 %

Momentum 1Q

64.23 %

Momentum 2Q

64.23 %

Non-directional

98.28 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Strike 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 Strike Resources Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Strike Resources Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Strike Resources Limited
Country Australia
City West Perth
Address 680 Murray Street
Phone 61 8 9214 9700
Website strikeresources.com.au
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XASX
Ticker SRK.XASX
Market www2.asx.com.au

Strike 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