Cradle Resources Share Price and Company Fundamentals
Last traded: 01/12/2022
Cradle Resources Limited engages in the exploration and development of mineral resource projects in Australia. The company was incorporated in 2011 and is based in West Perth, Australia.
|Primary activities||New projects|
|Industry / Sector||Other Industrial Metals & Mining / Basic Materials|
|Mailing address||140 St Georges Terrace Level 20 Perth WA 6000 Australia|
|Phone / Fax||61 8 9200 3425 / 61 8 9200 4961|
|Share registry||LINK MARKET SERVICES LIMITED|
Cradle Resources paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CXX dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
CXX's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Sep 2022, following are the company executives and directors listed on Cradle Resources.
|Mr. Grant Lawrence Burnaford Davey B.Sc.||Exec. Director||48||120k|
|Brian Scott||Company Sec.|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Cradle Resources is and its enterprise value is .
The CXX's stocks Beta value is 0.79 making it 21% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Cradle Resources (ASX:CXX) Frequently Asked Questions
1. What is Cradle Resources's Stock Symbol?
Cradle Resources trades on ASX under the ticker symbol "CXX".
2. What is Cradle Resources's stock price today?
One share of CXX stock can currently be purchased for approximately $0.041.
3. How can I contact Cradle Resources?
Cradle Resources's mailing address is 140 St Georges Terrace Level 20 Perth WA 6000 Australia. The company can be reached via phone at 61 8 9200 3425.
4. What is Cradle Resources's official website?
The official website of Cradle Resources is https://www.cradleresources.com.au.
5. Which share registry manages Cradle Resources's stock?
Cradle Resources's stock is managed by LINK MARKET SERVICES LIMITED.