CERRO RESOURCES NL (CJO)



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General Information
Company Name: Cerro Resources NL
Stock Code: CJO
Website: www.cerroresources.com
GICS Sub-Industry: Gold
Market Cap ($M): 102
Equiv. Shares (M): 782

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.130 $ 0.000 $ 0.000 $ 0.000 $ 0.130 0 0%

Company Overview

Business Description:
Cerro Resources NL (CJO) is a dual listed global gold, silver and metals exploration and development company, trading on ASX and TSX. CJO has 4 distinct properties based in two geographical locations: Mexico and Australia. CJO currently focuses on its flagship Cerro Del Gallo Gold Project in Mexico.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -4.3 -0.6 -- 0.0 0.0 0.0 --
2011  A -5.9 -0.9 -- 0.0 0.0 0.0 --
2010  A -3.2 -0.7 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Cerro Resources (CJO) $102 M -- -- -- -- -- -- 0.0000 -- --
Evolution Mining (EVN) $556 M -- 0.2435 0.2132 11.3112 9.0962 7.4976 0.0000 0.0115 0.0242
Newcrest Mining (NCM) $11,153 M -0.0378 -0.4474 0.0888 10.2834 18.6085 17.0915 0.0241 0.0222 0.0241
OZ Minerals (OZL) $1,284 M -0.6077 -0.7395 2.7051 10.1561 38.9862 10.5224 0.0709 0.0175 0.0381
Regis Resources (RRL) $1,722 M 0.7775 1.2655 0.3111 23.8472 10.5263 8.0284 0.0000 0.0552 0.0807

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CJO -- -- 1.88 -- --
Market 1.08 12.7 0.89 1.87 2.60
Sector 0.59 8.57 0.69 2.00 7.29

Directors
Name Position Start Date
Mr Anthony John McDonald Chief Executive Officer,Managing Director 22 October 2010
Mr Craig John McPherson Chief Financial Officer,Company Secretary,Alternate Director - RM Bell 19 April 2010
Mr Norman Alfred Seckold Non-Executive Chairman 10 July 2001
Mr John Cook Non-Executive Director 21 September 2010
Mr Nicholas Tintor Non-Executive Director 21 September 2010
Mr Richard Edward Keevers Non-Executive Director 13 December 2007
Mr Robert (Bob) Michael Bell Non-Executive Director 27 August 2009
Mr James (Jim) Arnott Crombie Vice Chairman 22 October 2010

Management
Name Position
John Skeet Chief Operating Officer

Substantial Shareholders
Holding Name
71,700,000 (9.17%) OCJ Investment (Australia) Pty Ltd
62,533,907 (8.00%) Permgold Pty Ltd

Calendar of Events
Date Event
28 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
29 October 2013 Report (Quarterly)
27 September 2013 Report (Annual)
30 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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