European Resources Limited

European Resources Limited

ERE · AU · Basic Materials / Other Precious Metals & Mining

0.014AUD-0.00 (-6.67%)

Price History

Full chart

Market Stats

Previous Close0.015
Open0.015
Day Range0.014 – 0.015
52-Week Range0.006 – 0.0335
Volume1.80M
Market Cap9.80M
P/E (TTM)0.00
Forward P/E0.00
EPS0.00
Dividend Yield0.00%
Beta1.63
50-Day Avg0.015
200-Day Avg0.0149

About

European Resources Limited, together with its subsidiaries, engages in the mineral exploration business in Finland and Slovakia. It explores gold, silver, copper, cobalt, nickel, zinc, lead, vanadium, as well as rare earth elements. The company was formerly known as Prospech Limited and changed its name to European Resources Limited in December 2025. The company was incorporated in 2014 and is headquartered in Sydney, Australia.

Company Details

  • SectorBasic Materials
  • IndustryOther Precious Metals & Mining
  • CEOMr. Jason Michael Beckton B.Sc., BSc (Hons), MAICD, MAIG, MAusIMM, MEconGeol
  • Headquarters66 Hunter Street, Sydney, NSW, Australia, 2000, Australia
  • Websitehttps://prospech.com.au

Leadership

  • Mr. Jason Michael Beckton B.Sc., BSc (Hons), MAICD, MAIG, MAusIMM, MEconGeolMD, CEO & Executive Director · b. 1971
  • Mr. John Andrew Levings BSc, FMAusIMMExecutive Director · b. 1957
  • Mr. Richard James Edwards BCom, CPA, FGIA, SA FinCompany Secretary

Financials

Income Statement

Currency: AUD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-----1.97K000
Growth (%)-------100.00%--
Cost of Revenue14.31K37.57K16.72K13.37K13.59K8.55K9.78K11.75K28.50K
Gross Profit-14.31K-37.57K-16.72K-13.37K-13.59K-8.55K-9.78K-11.75K-28.50K
Gross Margin------433.86%---
Operating Expense496.74K515.43K379.61K1.39M893.41K789.75K1.05M1.25M1.41M
Operating Income-511.05K-552.99K-396.33K-1.41M-907.00K-798.30K-1.06M-1.27M-1.44M
Operating Margin------40522.89%---
EBITDA-482.70K-509.39K-378.10K-1.38M-893.41K-1.70M-1.45M-1.81M-1.41M
EBITDA Margin------86322.28%---
Net Income-497.62K-546.95K-394.83K-1.40M-903.94K-1.75M-1.59M-1.82M-1.43M
Net Income Margin------88862.99%---
Interest Expense-------10.74K-

Balance Sheet

Currency: AUD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.52M4.80M5.64M10.55M9.53M8.14M11.16M11.96M13.72M
Total Liabilities45.83K167.52K397.06K136.89K83.85K418.12K585.69K1.03M879.50K
Total Equity4.48M4.63M5.24M10.41M9.44M7.73M10.58M10.93M12.84M
Cash1.24M347.82K404.27K4.51M2.04M227.81K1.60M795.73K1.08M
Net Debt-1.24M-347.82K-404.27K-4.51M-2.04M-227.81K-1.60M-795.73K-1.08M

Cash Flow

Currency: AUD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-536.80K-408.24K-206.26K-287.94K-945.03K-505.11K-1.11M-942.64K-1.28M
Investing Cash Flow-898.17K-1.06M-802.29K-936.86K-1.54M-1.26M-1.22M-1.67M-1.30M
Financing Cash Flow1.65M577.50K1.06M5.34M--3.70M1.81M2.88M
Capital Expenditure25.25K40.45K4036.97K1.26M146.60K2.02M66.08K
Free Cash Flow-562.05K-448.69K-206.26K-287.94K-982.00K-505.11K-1.25M-942.64K-1.35M
FCF to OCF104.70%109.91%100.00%100.00%103.91%100.00%113.25%100.00%105.15%

Earnings

Report DateDec 3, 2020Mar 30, 2021Sep 8, 2021Mar 29, 2022Sep 12, 2022Feb 24, 2023Mar 26, 2025Sep 12, 2025
EPS Estimate0.000.000.000.000.000.000.000.00
EPS Actual0.00-0.04-0.010.00-0.020.000.000.00
Surprise--------
Timing--------

Key Statistics & Ratios

Market Cap9.80M
Enterprise Value8.74M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.00
Price / Book0.76
EPS0.00
Book Value0.02
Revenue (TTM)0
Gross Profit (TTM)0
EBITDA-1.67M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-12.92%
Return on Assets-7.84%
Shares Outstanding699.91M
Shares Float486.02M
Beta1.63
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Apr 15, 20261.0526:1