Strickland Metals Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Precious Metals & Mining
  • Company website

Company description

Strickland Metals Limited engages in the exploration of mineral resources in Australia. The company primarily explores for gold, zinc, lead, silver, and copper deposits. Its flagship Horse Well gold project totals an area of 1,000 square kilometers located in the north-eastern Western Australian Goldfields. The company also holds interest in the Dusk til Dawn and Yandal East Gold projects located near its Horse Well project. In addition, it holds 80% interest in the Iroquois project located in the Earaheedy Basin, Western Australia; and 100% interest in the Bryah Basin project located near the Meekatharra, Western Australia. The company was formerly known as Alloy Resources Limited and changed its name to Strickland Metals Limited in August 2020. Strickland Metals Limited was incorporated in 2004 and is based in Mount Pleasant, Australia.

Financial highlights

Market Capitalization$68.8104 million
P/E Ratio88
P/E Growth Ratio
Book Value0.03
Dividend Per Share0
Earnings Per Share-0.0017
EBITDA-2,463.66
Profit Margin0
Operating Margin TTM0
Return on Assets TTM-0.0388
Return on Equity TTM-6.4865
Revenue TTM0

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-12-31 6.18 72.42 -66.24
2016-12-31 13.31 87.71 -74.4
2017-12-31 11.15 53.71 -42.56
2018-12-31 6.88 78.08 -71.2 1,868.745
2019-12-31 0.22 66.16 -65.94 733.357
2020-12-31 0.01 112.3 -112.29 4,005.433
2021-12-31 252.5 279.52 -27.02 4,439.387
2022-12-31 0.03 489.22 -489.19

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-12-31 1,264.34 3,685.92 90.08 0 16,287.45
2016-12-31 759.17 4,311.19 208.76 0 17,477.602
2017-12-31 1,260.48 6,829.98 390.93 0 19,975.606
2018-12-31 446.18 5,456.809 160.754 0 20,668.289
2019-12-31 529.167 7,623.395 425.221 0 23,016.475
2020-12-31 1,511.626 12,498.555 452.627 0 29,741.327
2021-12-31 4,070.648 39,558.148 2,531.373 57.749 56,257.723
2022-12-31 50,620.82 3,914.27 0 68,651.09

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-12-31 -388.73 1,003.06 1,264.343
2016-12-31 -734.436 -336.063 -505.169 1,264.343 759.174
2017-12-31 -161.387 -368.562 501.307 759.174 1,260.481
2018-12-31 -1,835.675 -328.184 -814.301 1,260.481 446.18
2019-12-31 -693.018 -469.623 82.987 446.18 529.167
2020-12-31 -3,863.142 -755.127 982.459 529.167 1,511.626
2021-12-31 -4,192.022 -1,437.644 2,559.022 1,511.626 4,070.648
2022-12-31 -2,017.36 -2,372.55