Ora Gold Ltd

AU:OAU Australia Other Industrial Metals & Mining
Market Cap
$43.28 Million
AU$69.89 Million AUD
Market Cap Rank
#26763 Global
#629 in Australia
Share Price
AU$0.01
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.01
All Time High
AU$0.04
Categories
Companies in Australia Other Industrial Metals & Mining
About

Ora Gold Limited engages in the mineral exploration activities in Australia. It primarily explores for gold. The company holds interest in the Garden Gully property comprising a 677 square kilometers tenure package covering the Abbots Greenstone Belt. The company was formerly known as Thundelarra Limited and changed its name to Ora Gold Limited in March 2019. Ora Gold Limited was incorporated in … Read more

Ora Gold Ltd (OAU) - Net Assets

Latest net assets as of September 2024: AU$13.66 Million AUD

Based on the latest financial reports, Ora Gold Ltd (OAU) has net assets worth AU$13.66 Million AUD as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$14.75 Million) and total liabilities (AU$1.09 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$13.66 Million
% of Total Assets 92.6%
Annual Growth Rate 1.73%
5-Year Change N/A
10-Year Change 221.3%
Growth Volatility 101.55

Ora Gold Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Ora Gold Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ora Gold Ltd (2000–2024)

The table below shows the annual net assets of Ora Gold Ltd from 2000 to 2024.

Year Net Assets Change
2024-09-30 AU$13.66 Million +175.09%
2023-09-30 AU$4.97 Million +213.03%
2022-09-30 AU$-4.39 Million -29.22%
2021-09-30 AU$-3.40 Million -191.71%
2020-09-30 AU$-1.17 Million +5.57%
2019-09-30 AU$-1.23 Million -165.56%
2018-09-30 AU$1.88 Million -56.43%
2017-09-30 AU$4.32 Million +0.40%
2016-09-30 AU$4.30 Million +1.22%
2015-09-30 AU$4.25 Million -45.32%
2014-09-30 AU$7.78 Million +326.45%
2013-09-30 AU$1.82 Million -43.89%
2012-09-30 AU$3.25 Million -52.66%
2011-09-30 AU$6.86 Million -75.06%
2010-09-30 AU$27.52 Million +31.12%
2009-09-30 AU$20.99 Million -17.51%
2008-09-30 AU$25.44 Million -27.70%
2007-09-30 AU$35.19 Million +155.08%
2006-09-30 AU$13.80 Million +48.44%
2005-09-30 AU$9.29 Million -18.41%
2004-09-30 AU$11.39 Million +24.89%
2003-09-30 AU$9.12 Million -0.19%
2002-09-30 AU$9.14 Million -4.33%
2001-09-30 AU$9.55 Million +5.65%
2000-09-30 AU$9.04 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ora Gold Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 7832142300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Common Stock AU$88.54 Million 648.12%
Other Comprehensive Income AU$9.52 Million 69.72%
Total Equity AU$13.66 Million 100.00%

Ora Gold Ltd Competitors by Market Cap

The table below lists competitors of Ora Gold Ltd ranked by their market capitalization.

Company Market Cap
Future Metals NL
PINK:FMELF
 		$15.04 Million
Sewha P&C INC
KQ:252500
 		$15.04 Million
Envoy Medical Inc.
NASDAQ:COCH
 		$15.04 Million
Wentel Engineering Holdings Berhad
KLSE:0298
 		$15.04 Million
INITECH Co. Ltd
KQ:053350
 		$15.03 Million
Intensity Therapeutics, Inc. Common stock
NASDAQ:INTS
 		$15.03 Million
Firetail Resources Ltd
AU:FTL
 		$15.03 Million
Hopscotch Groupe S.A.
PA:ALHOP
 		$15.03 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ora Gold Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,965,840 to 13,660,549, a change of 8,694,709 (175.1%).
  • Share repurchases of 560,499 reduced equity.
  • Other comprehensive income increased equity by 232,767.
  • Other factors increased equity by 9,022,441.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$0.00 -0.0%
Share Repurchases AU$560.50K -4.1%
Other Comprehensive Income AU$232.77K +1.7%
Other Changes AU$9.02 Million +66.05%
Total Change AU$- 175.09%

Book Value vs Market Value Analysis

This analysis compares Ora Gold Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.35x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.05x to 5.35x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-09-30 AU$0.19 AU$0.01 x
2001-09-30 AU$0.13 AU$0.01 x
2002-09-30 AU$0.10 AU$0.01 x
2003-09-30 AU$0.09 AU$0.01 x
2004-09-30 AU$0.08 AU$0.01 x
2005-09-30 AU$0.06 AU$0.01 x
2007-09-30 AU$0.15 AU$0.01 x
2008-09-30 AU$0.11 AU$0.01 x
2009-09-30 AU$0.08 AU$0.01 x
2010-09-30 AU$0.09 AU$0.01 x
2011-09-30 AU$0.02 AU$0.01 x
2012-09-30 AU$0.01 AU$0.01 x
2013-09-30 AU$0.00 AU$0.01 x
2014-09-30 AU$0.01 AU$0.01 x
2015-09-30 AU$0.01 AU$0.01 x
2016-09-30 AU$0.01 AU$0.01 x
2017-09-30 AU$0.01 AU$0.01 x
2018-09-30 AU$0.00 AU$0.01 x
2019-09-30 AU$0.00 AU$0.01 x
2020-09-30 AU$0.00 AU$0.01 x
2021-09-30 AU$0.00 AU$0.01 x
2022-09-30 AU$0.00 AU$0.01 x
2023-09-30 AU$0.00 AU$0.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ora Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -43.43%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2824.65%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 1.43x
  • Recent ROE (-43.43%) is above the historical average (-64.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -8.00% 0.00% 0.00x 1.01x AU$-1.72 Million
2002 -11.03% 0.00% 0.00x 1.01x AU$-1.92 Million
2003 -18.23% -2589.00% 0.01x 1.03x AU$-2.58 Million
2004 -19.89% -11457.94% 0.00x 1.02x AU$-3.40 Million
2005 -29.02% -1448.07% 0.02x 1.07x AU$-3.63 Million
2006 -14.23% 0.00% 0.00x 1.03x AU$-3.34 Million
2007 3.26% 150444.09% 0.00x 1.28x AU$-2.37 Million
2008 -39.09% -13828.64% 0.00x 1.40x AU$-12.49 Million
2009 -19.97% -2894.39% 0.00x 1.43x AU$-6.29 Million
2010 46.54% 1565.85% 0.03x 1.13x AU$10.05 Million
2011 -347.56% 0.00% 0.00x 1.60x AU$-24.54 Million
2012 -145.82% 0.00% 0.00x 1.31x AU$-5.06 Million
2013 -271.78% -1355.31% 0.14x 1.40x AU$-5.14 Million
2014 -28.94% -1565.73% 0.02x 1.06x AU$-3.03 Million
2015 -86.94% -1640.84% 0.05x 1.12x AU$-4.12 Million
2016 -128.15% -6521.90% 0.02x 1.11x AU$-5.95 Million
2017 -59.44% -164.08% 0.30x 1.20x AU$-3.00 Million
2018 -272.79% -5457.56% 0.04x 1.16x AU$-5.32 Million
2019 0.00% -19000.62% 0.03x 0.00x AU$-3.17 Million
2020 0.00% -70141.90% 0.00x 0.00x AU$-2.70 Million
2021 0.00% -120085.21% 0.01x 0.00x AU$-2.06 Million
2022 0.00% -611531.22% 0.00x 0.00x AU$-1.87 Million
2023 -43.43% -2824.65% 0.01x 1.43x AU$-2.65 Million

Industry Comparison

This section compares Ora Gold Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ora Gold Ltd (OAU) AU$13.66 Million -8.00% 0.08x $15.03 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million