ASX:RNU

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Renascor Resources

Executive Summary

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


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Renascor Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RNU's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.1%

RNU

0.9%

AU Oil and Gas

0.5%

AU Market


1 Year Return

-28.6%

RNU

-37.2%

AU Oil and Gas

-5.6%

AU Market

Return vs Industry: RNU exceeded the Australian Oil and Gas industry which returned -37.2% over the past year.

Return vs Market: RNU underperformed the Australian Market which returned -5.6% over the past year.


Shareholder returns

RNUIndustryMarket
7 Day-9.1%0.9%0.5%
30 Day-16.7%1.6%5.0%
90 Day-28.6%-6.9%2.9%
1 Year-28.6%-28.6%-34.6%-37.2%-2.3%-5.6%
3 Year-63.0%-63.0%-22.8%-30.9%12.4%-1.2%
5 Year-34.1%-37.5%-19.6%-32.0%41.5%12.9%

Price Volatility Vs. Market

How volatile is Renascor Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.73x

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 AU 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 good value based on its PB Ratio (0.7x) compared to the AU Oil and Gas industry average (1.5x).


Next Steps

Future Growth

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

49.4%

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.


Next Steps

Past Performance

How has Renascor Resources performed over the past 5 years?

11.6%

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 11.6% 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 (-44.9%).


Return on Equity

High ROE: RNU has a negative Return on Equity (-5.91%), as it is currently unprofitable.


Next Steps

Financial Health

How is Renascor Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RNU's short term assets (A$2.1M) exceed its short term liabilities (A$332.2K).

Long Term Liabilities: RNU has no long term liabilities.


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 8 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: Insufficient data to determine if RNU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

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?

10.0yrs

Average board tenure


CEO

David Christensen

10.42yrs

Tenure

AU$391,114

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 ($USD277.15K) is about average for companies of similar size in the Australian market ($USD277.02K).

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


Board Members

NamePositionTenureCompensationOwnership
David Christensen
MD & Director10.42yrsAU$391.11k1.4%
A$ 230.6k
Stephen Bizzell
Non-Executive Director10.08yrsAU$38.00k0.86%
A$ 141.1k
Richard Keevers
Non-Executive Chairman3.75yrsAU$57.00k2.87%
A$ 472.7k
Geoffrey McConachy
Non-Executive Director10yrsAU$38.00kno data

10.0yrs

Average Tenure

Experienced Board: RNU's board of directors are seasoned and experienced ( 10 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 42.8%.


Top Shareholders

Company Information

Renascor Resources Limited's company bio, 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$16.474m
  • Shares outstanding: 1.65b
  • Website: https://www.renascor.com.au

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RNUASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2010
RU8DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2010
RNUCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2010

Biography

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 flag ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 10:33
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.