Valuation: Echo Resources Limited

Market Cap 237M 208M 196M 179M 335M 22.75B 337M 2.35B 912M 11.6B 892M 872M 37.6B P/E 2018
-9.11x
P/E 2019 -3.12x
Enterprise Value 220M 193M 182M 166M 310M 21.09B 313M 2.18B 846M 10.75B 827M 808M 34.85B EV / Sales 2018
2,377x
EV / Sales 2019 1,730x
Free-Float
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Yield 2018 *
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Yield 2019 -
11/11/19 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
04/11/19 Echo Resources Limited(ASX:EAR) dropped from S&P/ASX Emerging Companies Index CI
16/10/19 Echo Resources Limited Announces the Cessation of Timothy Marcus Stephen Hanlon as Director CI
16/10/19 Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project in Western Australia CI
16/10/19 Echo Resources Limited Announces Management Changes CI
13/09/19 Metaliko Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2019 CI
27/08/19 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
26/08/19 Echo Resources Limited Provides Exploration Update for the Yandal Gold Project in Western Australia CI
05/08/19 Echo Resources Limited Announces the Appointment of Alistair Cowden as Director Effective from 1 August 2019 CI
02/08/19 Echo Resources Limited Announces the Cessation of Barry Bolitho as Director CI
01/08/19 Echo Resources Limited Announces Executive Changes CI
11/07/19 Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project CI
25/06/19 Echo Resources Limited Provides an Updated Mineral Resource Estimate for the 70% Owned Mt Joel Project CI
Director TitleAgeSince
Director/Board Member - 16/10/2019
Director/Board Member - 16/10/2019

Financials

2018 2019
Net sales 50.26K 44.11K 41.46K 37.91K 70.84K 4.81M 71.36K 498K 193K 2.45M 189K 185K 7.96M 51.91K 45.56K 42.83K 39.16K 73.17K 4.97M 73.71K 514K 199K 2.54M 195K 191K 8.22M
Net income -13.16M -11.55M -10.86M -9.92M -18.55M -1.26B -18.68M -130M -50.55M -643M -49.41M -48.33M -2.08B -26.73M -23.46M -22.05M -20.16M -37.68M -2.56B -37.96M -265M -103M -1.31B -100M -98.18M -4.23B
Net Debt -7.58M -6.65M -6.25M -5.72M -10.68M -726M -10.76M -75.11M -29.12M -370M -28.46M -27.84M -1.2B -17.33M -15.21M -14.3M -13.07M -24.42M -1.66B -24.6M -172M -66.57M -846M -65.07M -63.64M -2.74B
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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