Eastern Resources Share Price and Company Fundamentals



Price
$0.033
Change
0.003 (10.000%)
52 week
0.011 - 0.097

Last traded: Today at 6:10 AM

Eastern Resources Limited engages in the exploration for iron ore, precious, and base metals resources in Australia. The company also explores for copper-gold volcanogenic sulphide deposits. Its flagship project is the Nowa Nowa iron project located in eastern Victoria. The company was formerly known as Eastern Iron Limited. The company was incorporated in 2007 and is headquartered in St Leonards, Australia.

Key Metrics

PE ratio

-

PB ratio

3.27

Dividend yield

0.00%

Beta

0.51

Market cap

-

Enterprise value

-

Company profile

Primary activitiesThe discovery and delineation of iron ore resources and reserves in eastern Australia and the development of those resources into economic cash flow generating businesses.
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.easternresources.com.au
Mailing address80 Chandos Street Suite 3 Level 1 St Leonards NSW 2065 Australia
Phone / Fax61 2 9906 7551 / 61 2 9906 5233
Share registryBOARDROOM PTY LIMITED

Annual reports

Published onReport
24 Sep 2021Annual Report to shareholders

Dividends

More: Eastern Resources Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Eastern 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.EFE 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.

EFE'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.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Eastern Resources.

NameTitleAgeTotal Pay
Mr. Myles Rui Fang BE (Tianjin)Exec. Director91.08k
Mr. Heath RobertsCompany Sec.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-7,272,505.47%

Return on assets

-28.24%

Return on equity

-47.33%

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 Eastern Resources is and its enterprise value is .

The EFE's stocks Beta value is 0.51 making it 49% 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.

Companies similar to Eastern Resources (EFE)

Eastern Resources (ASX:EFE) Frequently Asked Questions

1. What is Eastern Resources's Stock Symbol?

Eastern Resources trades on ASX under the ticker symbol "EFE".

2. What is Eastern Resources's stock price today?

One share of EFE stock can currently be purchased for approximately $0.033.

3. How can I contact Eastern Resources?

Eastern Resources's mailing address is 80 Chandos Street Suite 3 Level 1 St Leonards NSW 2065 Australia. The company can be reached via phone at 61 2 9906 7551.

4. What is Eastern Resources's official website?

The official website of Eastern Resources is https://www.easternresources.com.au.

5. Which share registry manages Eastern Resources's stock?

Eastern Resources's stock is managed by BOARDROOM PTY LIMITED.