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ECHO RESOURCES LIMITED (EAR)


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General Information
Company Name: Echo Resources Limited
Stock Code: EAR
Website: www.echoresources.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 7
Equiv. Shares (M): 95

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.074 $ 0.000 $ 0.000 $ 0.000 $ 0.074 0 0%

Company Overview

Business Description:
Echo Resources Limited (EAR) is a gold, copper, and nickel exploration company. EAR’s key projects are located in Western Australia for gold-nickel and central Queensland for copper-gold.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -0.8 -1.0 -- 0.0 0.0 0.0 --
2011  A -1.3 -2.0 -- 0.0 0.0 0.0 --
2010  A -0.9 -2.0 -- 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
BHP Billiton (BHP) $113,276 M -0.1359 -0.2135 0.2033 11.1986 14.2390 11.8332 0.0312 0.0328 0.0363
Echo Resources (EAR) $7 M -- -- -- -- -- -- 0.0000 -- --
Iluka Resources (ILU) $4,936 M -0.2536 -0.6747 1.6610 13.0666 40.1704 15.0960 0.0297 0.0127 0.0241
Rio Tinto (RIO) $24,533 M -0.3874 0.0912 0.2010 11.6289 10.6568 8.8730 0.0286 0.0329 0.0364
Sims Metal Management (SGM) $2,021 M -0.6378 -0.2349 1.9387 29.3733 38.3929 13.0647 0.0202 0.0110 0.0374

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
EAR -- -- 5.25 -- --
Market 1.07 12.6 0.89 2.31 2.58
Sector 0.58 8.89 0.69 1.98 7.25

Directors
Name Position Start Date
Dr Ernst Alfred Kohler Managing Director 18 January 2005
Mr Norman Mathew Longworth Non-Executive Chairman,Non-Executive Director 19 October 2012
Mr Anthony McIntosh Non-Executive Director 19 October 2012

Management
Name Position
Tony Martin Interim Chief Executive Officer
Krystel Kirou Joint Company Secretary
Michael Loh Joint Company Secretary

Substantial Shareholders
Holding Name
12,703,387 (14.19%) Andrews, Peter Preston
6,000,000 (6.70%) Woodlands Asset Management Pty Ltd
5,390,692 (6.02%) Nicholas Robert Gyngell
11,366,735 (12.69%) JP Morgan Nominees Australia Limited
14,961,240 (16.71%) Kohler, Ernst Alfred

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