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CREDO RESOURCES LIMITED (CRQ)


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General Information
Company Name: Credo Resources Limited
Stock Code: CRQ
Website: www.credoresources.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 1
Equiv. Shares (M): 57

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.020 $ 0.020 $ 0.020 $ 0.020 $ 0.020 300,000 0%

Company Overview

Business Description:
Credo Resources Limited (CRQ) is an Australian based mineral exploration company, with a portfolio of gold exploration projects in Burkina Faso. CRQ also holds interests in tenements located in Western Australia.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -1.7 -4.9 -- 0.0 0.0 0.0 --
2011  A -0.2 -2.7 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A 2011 F 2012 F A 2011 F 2012 F A 2011 F 2012 F
BHP Billiton (BHP) $104,990 M -0.1359 -0.2624 0.1727 10.3794 14.0717 11.9990 0.0336 0.0342 0.0366
Credo Resources (CRQ) $1 M -- -- -- -- -- -- 0.0000 -- --
Iluka Resources (ILU) $4,279 M -0.2536 -0.7035 2.1615 11.3266 38.2056 12.0847 0.0342 0.0231 0.0290
Rio Tinto (RIO) $23,335 M -0.3874 0.0604 0.1054 11.0609 10.4309 9.4363 0.0300 0.0331 0.0366
Sims Metal Management (SGM) $1,839 M -0.6378 -0.2361 1.9362 26.7300 34.9922 11.9174 0.0222 0.0120 0.0410

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CRQ -- -- 0.20 -- --
Market 0.94 12.5 0.82 1.96 2.44
Sector 0.54 8.13 0.58 2.01 6.08

Directors
Name Position Start Date
Mr Robert Edward Kirtlan Executive Director 06 December 2011
Mr Riccardo E Vittino Non-Executive Chairman 03 December 2010
Mr William Dix Non-Executive Director 03 December 2010

Management
Name Position
Lloyd Alan Flint Company Secretary

Substantial Shareholders
Holding Name
4,140,000 (7.20%) Anne Rolley
4,710,000 (8.20%) Rob Kirtlan

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
29 October 2013 Report (Quarterly)
25 October 2013 Report (Annual)
26 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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