Valuation: Echo Resources Limited

Market Cap 237M 211M 197M 180M 338M 22.86B 343M 2.39B 924M 11.64B 891M 872M 37.4B P/E 2018
-9.11x
P/E 2019 -3.12x
Enterprise Value 220M 196M 183M 167M 314M 21.19B 318M 2.21B 856M 10.79B 826M 809M 34.67B 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 44.64K 41.74K 38.04K 71.61K 4.84M 72.6K 505K 195K 2.46M 189K 185K 7.91M 51.91K 46.11K 43.12K 39.29K 73.97K 5M 74.99K 522K 202K 2.55M 195K 191K 8.18M
Net income -13.16M -11.69M -10.93M -9.96M -18.75M -1.27B -19.01M -132M -51.18M -645M -49.4M -48.33M -2.07B -26.73M -23.74M -22.2M -20.23M -38.09M -2.57B -38.62M -269M -104M -1.31B -100M -98.19M -4.21B
Net Debt -7.58M -6.73M -6.3M -5.74M -10.8M -730M -10.95M -76.16M -29.48M -372M -28.46M -27.84M -1.19B -17.33M -15.39M -14.39M -13.11M -24.69M -1.67B -25.03M -174M -67.4M -850M -65.05M -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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