AuStar Gold Limited engages in the exploration of gold mines in Australia. It primarily holds 95% interest in the Morning Star gold project; and 97.5% in the Rose of Denmark mine located in Victoria. The company was formerly known as Mantle Mining Corporation Limited and changed its name to AuStar Gold Limited in December 2017. AuStar Gold Limited was incorporated in 2003 and is based in Woods Point, Australia. As of August 12, 2021, AuStar Gold Limited operates as a subsidiary of White Rock Minerals Ltd.
Research context
AuStar Gold Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Gold
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
AuStar Gold Limited is currently in a long term downtrend where the price is trading 0.8% below its 200 day moving average.
From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.9.
AuStar Gold Limited's total revenue sank by 35.5% to $2M since the same quarter in the previous year.
Its net income has dropped by 24.0% to $-1M since the same quarter in the previous year.
Finally, its free cash flow fell by 256.4% to $-2M since the same quarter in the previous year.
Based on the above factors, AuStar Gold Limited gets an overall score of 1/5.