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RNU

Renascor ResourcesASX:RNU Stock Report

Market Cap

AU$264.1m

7D

12.5%

1Y

1,185.7%

Updated

19 Oct, 2021

Data

Company Financials
RNU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RNU Overview

Renascor Resources Limited engages in the exploration, development, and evaluation of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Renascor Resources
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.01
52 Week LowAU$0.18
Beta1.92
1 Month Change-15.63%
3 Month Change101.49%
1 Year Change1,185.71%
3 Year Change694.12%
5 Year Change297.06%
Change since IPO-40.00%

Recent News & Updates

Aug 24
We're Interested To See How Renascor Resources (ASX:RNU) Uses Its Cash Hoard To Grow

We're Interested To See How Renascor Resources (ASX:RNU) Uses Its Cash Hoard To Grow

We can readily understand why investors are attracted to unprofitable companies. Indeed, Renascor Resources ( ASX:RNU...

May 10
We're Not Worried About Renascor Resources' (ASX:RNU) Cash Burn

We're Not Worried About Renascor Resources' (ASX:RNU) Cash Burn

There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, Renascor Resources...

Shareholder Returns

RNUAU Oil and GasAU Market
7D12.5%1.0%1.7%
1Y1,185.7%50.0%20.3%

Return vs Industry: RNU exceeded the Australian Oil and Gas industry which returned 50% over the past year.

Return vs Market: RNU exceeded the Australian Market which returned 20.3% over the past year.

Price Volatility

Is RNU's price volatile compared to industry and market?
RNU volatility
RNU Beta1.92
Industry Beta1.28
Market Beta1

Stable Share Price: RNU is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: RNU's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2009n/aDavid Christensenhttps://www.renascor.com.au

Renascor Resources Limited engages in the exploration, development, and evaluation of mineral properties in Australia. The company explores for graphite, copper, gold, uranium, and other minerals. Its flagship project is the Siviour graphite project located in Eyre Peninsula, South Australia.

Renascor Resources Fundamentals Summary

How do Renascor Resources's earnings and revenue compare to its market cap?
RNU fundamental statistics
Market CapAU$264.11m
Earnings (TTM)-AU$877.23k
Revenue (TTM)n/a

0x

P/S Ratio

-293.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RNU income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$877.23k
Earnings-AU$877.23k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00046
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did RNU perform over the long term?

See historical performance and comparison

Valuation

Is Renascor Resources undervalued compared to its fair value and its price relative to the market?

7.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RNU's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RNU's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RNU is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: RNU is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RNU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RNU is overvalued based on its PB Ratio (7.2x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Renascor Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.0%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Renascor Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Renascor Resources performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RNU is currently unprofitable.

Growing Profit Margin: RNU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RNU is unprofitable, but has reduced losses over the past 5 years at a rate of 9.9% per year.

Accelerating Growth: Unable to compare RNU's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RNU is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).


Return on Equity

High ROE: RNU has a negative Return on Equity (-2.49%), as it is currently unprofitable.


Financial Health

How is Renascor Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RNU's short term assets (A$17.5M) exceed its short term liabilities (A$1.0M).

Long Term Liabilities: RNU's short term assets (A$17.5M) exceed its long term liabilities (A$10.0).


Debt to Equity History and Analysis

Debt Level: RNU is debt free.

Reducing Debt: RNU has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: RNU has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: RNU has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.6% each year


Dividend

What is Renascor Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RNU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RNU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RNU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RNU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RNU's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

David Christensen

11.42yrs

Tenure

AU$371,863

Compensation

Mr. David E. Christensen serves as the Managing Director and Director at Renascor Resources Limited. Mr. Christensen is an experienced mining executive, with recent successful experience managing explorati...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD275.60K) is below average for companies of similar size in the Australian market ($USD549.23K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RNU's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: RNU's board of directors are seasoned and experienced ( 11 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.5%.


Top Shareholders

Company Information

Renascor Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Renascor Resources Limited
  • Ticker: RNU
  • Exchange: ASX
  • Founded: 2009
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$264.113m
  • Shares outstanding: 1.89b
  • Website: https://www.renascor.com.au

Location

  • Renascor Resources Limited
  • 36 North Terrace
  • Kent Town
  • South Australia
  • 5067
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:04
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.