Orocobre Limited (ORE) - Research

$2.810 0.12 (4.10%)

ORE General Information +

ASX Code ORE
Website http://www.orocobre.com
GICS Sub-Industry Diversified Metals & Mining
Market Cap ($M) 735
Current Price $2.810
Day High $2.920
Day Low $2.750
Last Close $2.930
Price Movement $0.12 ( 4.10% )
Prices as at 16:40, 27 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

ORE Company Overview

Business Description

Orocobre Limited (ORE) is a mineral exploration company focused on the contruction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northen Argentina. Currently, ORE's flagship project is Olaroz Project.

ORE Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 0.00 9.80 -12.40% 29.80 0.00 0.00% 0.0%
2019 F 0.00 11.20 147.40% 26.10 0.00 0.00% 0.0%
2018 A 10.55 4.50 0.00% 116.10 0.00 0.00% 0.0%

ORE Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
BHP Group (BHP) $121,487M 0.4448 0.0680 0.1693 16.5238 15.4712 13.2307 3.87% 6.27% 5.45%
Iluka Resources (ILU) $4,555M 2.7345 0.1520 -0.1263 13.8846 12.0528 13.7958 2.69% 2.45% 2.81%
Orocobre (ORE) $806M 0.0000 1.4758 -0.1237 67.8414 27.4021 31.2690 0.00% 0.00% 0.00%
Rio Tinto (RIO) $38,005M 0.1465 0.3446 -0.1417 14.2187 10.5749 12.3202 7.61% 6.62% 5.61%
South32 (S32) $16,165M 0.2485 0.0768 -0.2397 8.6489 8.0319 10.5643 4.41% 5.84% 5.44%

ORE Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 3.00 26.30 1.12 0.56
Market 0.87 17.10 1.49 1.63
Sector 1.44 12.70 1.23 0.76

ORE Directors

Name Position Start Date
Mr Martin Perez de Solay Chief Executive Officer, Managing Director 18 Jan 2019
Mr Richard Phillip Seville Non-Executive Director 14 Apr 2007
Mr Frederico Nicholson Non-Executive Director 15 Sep 2010
Ms Leanne Heywood Non-Executive Director 19 Sep 2016
Mr John Willis Gibson Jnr Non-Executive Director 1 Mar 2010
Mr Fernando Oris de Roa Non-Executive Director 24 Jun 2010
Mr Masaharu Katayama Non-Executive Director 12 Apr 2018
Mr Robert Hubbard Non-Executive Director, Non-Executive Chairman 30 Nov 2012

ORE Management

Name Position
Neil Kaplan Chief Financial Officer,Joint Company Secretary
Alex Losada Chief Operating Officer
Richard (Rick) Stacy Anthon General Counsel,Joint Company Secretary

ORE Substantial Shareholders

Holding Name
53,994,709 (20.71%) J P Morgan Nominees Australia Limited
44,355,408 (17.01%) HSBC Custody Nominees (Australia) Limited
39,106,607 (15%) Toyoto Tsusho Corporation and each of its subsidiaries

ORE Calendar of Events

Date Event
15 April 2020 Report (Quarterly)
21 February 2020 Report (Interim)
16 January 2020 Report (Quarterly)
29 October 2019 Report (Quarterly)
27 August 2019 Report (Annual)
27 August 2019 Report (Prelim)
30 July 2019 Report (Quarterly)

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