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Locksley Resources Limited (LKY) Fair Value & Analysis

Basic Materials · AU · Market cap A$23.6M

LR Locksley Resources Limited LKY · AU
PriceA$0.0650
Fair ValueA$0.0255
Upside-60.8%
Quality27/100
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Weak Growth
Thin margins · 0.0% net margin
negative free cash flow
Trails peers (2/7)
Narrow moat 10/100
Evidence: Low Share as image

Fair value as of: Jul 14, 2026

From 1 valuation models · updated 27 days ago

Share price +6.6% over the past month.

Below-average quality, and screening another 61% overvalued on our models.

What matters now

  • Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

A$0.6450 A$0.0150 Fair Value A$0.0255 Jul 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range A$0.0150 – A$0.6450 · the A$0.0650 price screens above the A$0.0255 fair value. Dashed = 300-day average. As of Jul 14, 2026.

Full chart & analysis →

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Analysis

Locksley Resources Limited (LKY) currently trades at A$0.0650, while our model-based Fair Value estimate is A$0.0255, implying the stock looks roughly 60.8% overvalued today. The Quality Score stands at 27/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at A$57.4K. Revenue grew 95.7% year over year. It earns a return on equity of -54.3%. The balance sheet holds a net cash position of A$2.3M. Fundamentals as of Jul 14, 2026

For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -61%, LKY screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) A$0.0100 A$0.0200 A$0.0200 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.0100 A$0.0200 A$0.0200 50

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Key figures & financial health

Revenue (TTM) A$57.4K
Revenue growth (YoY) +95.7%
Return on equity -54.3%
Free cash flow −A$1.4M FY2024
Operating margin -12,178%
EPS (TTM) A$-0.0400
More key figures
Net cash A$2.3M FY2024

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 27/100

Of which business quality 33 · Market factors (momentum, volatility) 2

Profitability 0
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 5
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Locksley Resources Limited engages in the acquisition, exploration, and development of mineral resources projects in Australia and the United States. The company primarily explores for copper, antimony, and gold deposits, as well as rare earth elements.

Full company description

Locksley Resources Limited engages in the acquisition, exploration, and development of mineral resources projects in Australia and the United States. The company primarily explores for copper, antimony, and gold deposits, as well as rare earth elements. It holds interests in the Tottenham project, which comprises four granted exploration licenses covering an area of approximately 470 square kilometers located in the Cobar-Girilambone District in Central New South Wales; and the Mojave project that includes 297 claims covering an area of approximately 20 square kilometers located in California. It also holds 100% interest in the Iron Duke Copper Gold Project located in New South Wales, Australia. The company has a strategic collaboration with Columbia University to develop methods for recovering and processing rare earth elements and critical metals for its Mojave Project. The company was incorporated in 2018 and is based in Northbridge, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Locksley Resources Limited reported revenue of A$24.2K in FY2024 versus A$0 in FY2020. Reported net income was −A$1.6M in FY2024.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
A$24.2K
Latest YoY
−26.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−16.7%
Revenue
FY20 A$0
FY21 A$42.0K
FY22 A$66.5K
FY23 A$33.0K
FY24 A$24.2K
Net income
FY20 −A$532K
FY21 −A$2.8M
FY22 −A$1.5M
FY23 −A$2.1M
FY24 −A$1.6M

LKY screens 61% overvalued. Compare with Fresnillo plc →

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Cite: Fair Value Calculator (2026). "Locksley Resources Limited Fair Value". https://www.fairvalue-calculator.com/stock/LKY

Peer Group

Other Precious Metals & Mining · 102 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 27 · Bottom 25%
Fair Value upside −61% · Below median
Return on assets -33% · Bottom 25%
Net margin (TTM) 0% · Above median
Revenue growth 96% · Above median

Valuation Multiples vs Other Precious Metals & Mining median · lower = cheaper

P/B 1.90× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 21
PAST 0 · sector 0
HEALTH 0 · sector 99
DIVIDEND 0 · sector 15

VALUE 0: the price sits above our fair-value range.

Insider activity: 35/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Other Precious Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Fresnillo plc FRES 579.75 MXN 558.30 MXN -4%
Hecla Mining Company HL $14.52 $8.15 -44%
Compañía de Minas Buenaventura S.A. BVN $29.82 $29.96 +0%
Sibanye Stillwater Limited SBSW $8.12 $9.90 +22%
China Gold International Resources Corp CGG C$24.78 C$18.48 -25%
Artemis Gold Inc ARTG C$32.98 C$21.86 -34%
Triple Flag Precious Metals Corp TFPM $28.10 $16.03 -43%
Sino-Platinum Metals Co 600459 ¥21.01 ¥13.23 -37%
Perpetua Resources Corp PPTA C$26.10 C$5.85 -78%
Zhaojin International Gold Co 000506 ¥13.15 ¥2.84 -78%

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Frequently asked questions

Is Locksley Resources Limited (LKY) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of A$0.0255 versus a price of A$0.0650, about −61% (overvalued).
What is the fair value of LKY?
Our model-based fair value for Locksley Resources Limited is A$0.0255 (as of Jul 14, 2026), built from audited fundamentals. The current price is A$0.0650.
What is the quality score of LKY?
Locksley Resources Limited has a Quality Score of 27/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Locksley Resources Limited (LKY)?
Locksley Resources Limited reported trailing-twelve-month revenue of about A$57.4K (latest available figure, as of Jul 14, 2026).
What is the net profit margin of LKY?
The net profit margin of Locksley Resources Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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