ERE — European Resources Share Price
- AU$4.93m
- AU$4.38m
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | n/a | ||
| PEG Ratio (f) | n/a | ||
| EPS Growth (f) | n/a | ||
| Dividend Yield (f) | n/a | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.42 | ||
| Price to Tang. Book | 0.42 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | n/a | ||
| EV to EBITDA | n/a | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | -9.8% | ||
| Return on Equity | -11.02% | ||
| Operating Margin | n/a | ||
Financial Summary
| Year End 31st Dec | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | AU$m | 0.01 | n/a | 0 | n/a | n/a | n/a | n/a | n/a |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
European Resources Ltd, formerly Prospech Limited, is engaged in mineral exploration company. It focuses on discovering, defining, and developing critical elements, such as rare earths, lithium, cobalt, copper, silver, and gold resources. It has a portfolio of 100% owned prospective cobalt and precious metals projects in Slovakia. It also holds a 100% interest in prospective rare earth element (REE) projects. Its Finland Projects include Korsnas REE Project, Jokikangas, and Saarenkyla. The Company, through its wholly owned subsidiaries SLOK and Prospech SK, owns 100% of six exploration licenses, covering 161 square kilometers in Slovakia: Kolba exploration license with copper, cobalt, silver and nickel focus; Hodrusa-Hamre exploration license with gold and silver focus; Nova Bana exploration license with gold and silver focus; Pukanec exploration license with gold and silver focus; Cejkov-Zemplin exploration license with gold and silver focus, and Zlatno exploration license.
Directors
- Thomas Mann NEC
- Jason Beckton CEO
- Peter Nightingale CFO
- John Levings EDR
- Richard Edwards SEC
- Stephen Gemell NED
- Last Annual
- December 31st, 2024
- Last Interim
- June 30th, 2025
- Incorporated
- September 26th, 2014
- Public Since
- December 4th, 2020
- Sector
- Metals & Mining
- Industry
- Basic Materials
- Exchange
Australian Stock Exchange - SEATS
- Shares in Issue
- 328,825,887

- Address
- L 2 66 Hunter St, SYDNEY, 2000
- Web
- https://prospech.com.au/
- Phone
- +61 293003333
- Auditors
- KPMG
Upcoming Events for ERE
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FAQ
As of Today at 19:32 UTC, shares in European Resources are trading at AU$0.02. This share price information is delayed by 15 minutes.
Shares in European Resources last closed at AU$0.02 and the price had moved by -25.83% over the past 365 days. In terms of relative price strength the European Resources share price has underperformed the ASX All Ordinaries Index by -30.35% over the past year.
There is no consensus recommendation for this security.
Find out moreEuropean Resources does not currently pay a dividend.
European Resources does not currently pay a dividend.
European Resources does not currently pay a dividend.
To buy shares in European Resources you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of AU$0.02, shares in European Resources had a market capitalisation of AU$4.93m.
Here are the trading details for European Resources:
- Country of listing: Australia
- Exchange: ASX
- Ticker Symbol: ERE
Based on an overall assessment of its quality, value and momentum European Resources is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
We could not find analyst target price data for this security.
Find out moreAn important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like European Resources. Over the past six months, its share price has underperformed the ASX All Ordinaries Index by -36.7%.
As of the last closing price of AU$0.02, shares in European Resources were trading -31.11% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The European Resources PE ratio based on its reported earnings over the past 12 months is null. The shares last closed at AU$0.02.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
European Resources' management team is headed by:
- Thomas Mann - NEC
- Jason Beckton - CEO
- Peter Nightingale - CFO
- John Levings - EDR
- Richard Edwards - SEC
- Stephen Gemell - NED





