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Renascor Resources

ASX:RNU
Snowflake Description

High growth potential with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RNU
ASX
A$27M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Renascor Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The last earnings update was 38 days ago. More info.


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RNU Share Price and Events
7 Day Returns
-4.5%
ASX:RNU
0.2%
AU Oil and Gas
0.3%
AU Market
1 Year Returns
-27.6%
ASX:RNU
3.4%
AU Oil and Gas
5.2%
AU Market
RNU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Renascor Resources (RNU) -4.5% 23.5% 16.7% -27.6% 10.5% -71.2%
AU Oil and Gas 0.2% -3.5% 5.1% 3.4% 35% -32.6%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • RNU underperformed the Oil and Gas industry which returned 3.4% over the past year.
  • RNU underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
RNU
Industry
5yr Volatility vs Market

Value

 Is Renascor Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Renascor Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.021.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Renascor Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Renascor Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:RNU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:RNU Share Price ** ASX (2019-04-18) in AUD A$0.02
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.88x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Renascor Resources.

ASX:RNU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:RNU Share Price ÷ EPS (both in AUD)

= 0.02 ÷ 0.00

-12.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Renascor Resources is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Renascor Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Renascor Resources's expected growth come at a high price?
Raw Data
ASX:RNU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
86.8%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.25x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Renascor Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Renascor Resources's assets?
Raw Data
ASX:RNU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.02
ASX:RNU Share Price * ASX (2019-04-18) in AUD A$0.02
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:RNU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:RNU Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ 0.02

1.36x

* Primary Listing of Renascor Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Renascor Resources is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Renascor Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Renascor Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Renascor Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
86.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Renascor Resources expected to grow at an attractive rate?
  • Renascor Resources's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Renascor Resources's earnings growth is expected to exceed the Australia market average.
  • Renascor Resources's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:RNU Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:RNU Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 86.8%
ASX:RNU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 77.5%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.6%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:RNU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:RNU Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 180 53 44 1
2022-06-30 29 10 -1 1
2021-06-30 26 6 1 1
2020-06-30 10 2 -3 1
2019-06-30 0 0 -2 1
ASX:RNU Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 -2
2018-09-30 0 0 -2
2018-06-30 0 0 -3
2018-03-31 0 -1 -3
2017-12-31 0 -1 -3
2017-09-30 0 -1 -2
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1
2016-09-30 0 0 -1
2016-06-30 0 0 -1
2016-03-31 0 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Renascor Resources's earnings are expected to grow significantly at over 20% yearly.
  • Renascor Resources's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:RNU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Renascor Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RNU Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30 0.01 0.01 0.01 1.00
2022-06-30 0.00 0.00 0.00 1.00
2021-06-30 0.00 0.00 0.00 1.00
2020-06-30 0.00 0.00 0.00 1.00
2019-06-30 0.00 0.00 0.00 1.00
ASX:RNU Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Renascor Resources is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Renascor Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Renascor Resources has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Renascor Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Renascor Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Renascor Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Renascor Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Renascor Resources's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Renascor Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Renascor Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RNU Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.04 -1.51 1.02
2018-09-30 0.04 -2.47 0.98
2018-06-30 0.04 -3.43 0.93
2018-03-31 0.02 -3.45 0.81
2017-12-31 0.02 -3.47 0.68
2017-09-30 0.03 -2.28 0.67
2017-06-30 0.04 -1.09 0.66
2017-03-31 0.04 -0.98 0.61
2016-12-31 0.05 -0.88 0.57
2016-09-30 0.04 -0.89 0.58
2016-06-30 0.04 -0.89 0.60
2016-03-31 0.03 -1.28 0.63
2015-12-31 0.02 -1.67 0.65
2015-09-30 0.03 -3.30 0.65
2015-06-30 0.03 -4.93 0.65
2015-03-31 0.03 -4.65 0.71
2014-12-31 0.04 -4.37 0.78
2014-09-30 0.05 -2.94 0.79
2014-06-30 0.06 -1.51 0.80
2014-03-31 0.08 -1.31 0.77
2013-12-31 0.11 -1.10 0.73
2013-09-30 0.15 -0.81 0.75
2013-06-30 0.19 -0.53 0.77
2013-03-31 0.22 -0.50 0.76
2012-12-31 0.25 -0.47 0.76
2012-09-30 0.29 -0.38 0.77
2012-06-30 0.33 -0.30 0.78

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Renascor Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Renascor Resources has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Renascor Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Renascor Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Renascor Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Renascor Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Renascor Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Renascor Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Renascor Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Renascor Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Renascor Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Renascor Resources Company Filings, last reported 3 months ago.

ASX:RNU Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 17.79 0.00 5.18
2018-09-30 17.79 0.00 5.18
2018-06-30 15.05 0.00 8.19
2018-03-31 15.05 0.00 8.19
2017-12-31 8.33 0.00 2.92
2017-09-30 8.33 0.00 2.92
2017-06-30 8.12 0.00 1.23
2017-03-31 8.12 0.00 1.23
2016-12-31 8.85 0.00 2.37
2016-09-30 8.85 0.00 2.37
2016-06-30 6.47 0.00 0.86
2016-03-31 6.47 0.00 0.86
2015-12-31 4.44 0.00 0.87
2015-09-30 4.44 0.00 0.87
2015-06-30 4.41 0.00 1.08
2015-03-31 4.41 0.00 1.08
2014-12-31 4.65 0.00 0.58
2014-09-30 4.65 0.00 0.58
2014-06-30 8.24 0.00 1.42
2014-03-31 8.24 0.00 1.42
2013-12-31 7.95 0.00 1.39
2013-09-30 7.95 0.00 1.39
2013-06-30 8.71 0.00 2.66
2013-03-31 8.71 0.00 2.66
2012-12-31 9.00 0.00 3.85
2012-09-30 9.00 0.00 3.85
2012-06-30 9.13 0.00 5.11
  • Renascor Resources has no debt.
  • Renascor Resources has not taken on any debt in the past 5 years.
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.

  • Renascor Resources has sufficient cash runway for 1.1 years based on current free cash flow.
  • Renascor Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 43.9% each year.
X
Financial health checks
We assess Renascor Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Renascor Resources has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Renascor Resources dividends.
If you bought A$2,000 of Renascor Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Renascor Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Renascor Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:RNU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:RNU Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Renascor Resources has not reported any payouts.
  • Unable to verify if Renascor Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Renascor Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Renascor Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Renascor Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Renascor Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Renascor Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Renascor Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Christensen
COMPENSATION A$312,144
TENURE AS CEO 8.9 years
CEO Bio

Mr. David Christensen serves as the Managing Director and Director at Renascor Resources Limited. Mr. Christensen is an experienced mining executive, with recent successful experience managing exploration, mining and marketing operations, as Chief Executive Officer of Adelaide-based companies, Heathgate Resources Pty Ltd and Quasar Resource Pty Ltd. While at Heathgate and Quasar, his responsibilities included overseeing Australian uranium operations, including the Beverley uranium mine, as well as the expansion into new uranium projects with the discovery and development of the Four Mile deposit and numerous joint ventures. Prior to founding the company, Mr. Christensen also served as President of Nuclear Fuels Corporation, a trading and marketing company, where he managed a multi-million dollar uranium portfolio and was responsible for developing sales strategy, executing trades and swaps and negotiating all contracts. Mr. Christensen commenced his career as an attorney in California and London offices of international law firm Latham & Watkins, where he advised on corporate finance and mergers and acquisitions. He serves as Director of Renascor Resources Limited. Mr. Christensen was educated at Cornell University (BA, Economics and Classical Civilizations), the University of California, Los Angeles (JD) and the Universitá di Bologna (Fulbright Fellow).

CEO Compensation
  • David's compensation has been consistent with company performance over the past year.
  • David's remuneration is about average for companies of similar size in Australia.
Management Team

David Christensen

TITLE
MD & Director
COMPENSATION
A$312K
TENURE
8.9 yrs

Pierre van der Merwe

TITLE
Company Secretary & CFO
COMPENSATION
A$116K
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the Renascor Resources board of directors in years:

8.5
Average Tenure
  • The tenure for the Renascor Resources board of directors is about average.
Board of Directors

Dick Keevers

TITLE
Non-Executive Chairman
COMPENSATION
A$58K
AGE
72
TENURE
2.3 yrs

David Christensen

TITLE
MD & Director
COMPENSATION
A$312K

Stephen Bizzell

TITLE
Non-Executive Director
COMPENSATION
A$40K
AGE
50
TENURE
8.6 yrs

Geoff McConachy

TITLE
Non-Executive Director
COMPENSATION
A$266K
TENURE
8.5 yrs
Who owns this company?
Recent Insider Trading
  • Renascor Resources insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
27. Mar 19 Sell David Clarke Individual 27. Dec 18 25. Mar 19 -21,021,176 A$0.02 A$-354,602
27. Mar 19 Buy Richard Keevers Individual 25. Mar 19 25. Mar 19 1,176,470 A$0.02 A$19,999
27. Mar 19 Buy BCP Alpha Management Company 25. Mar 19 25. Mar 19 1,176,470 A$0.02 A$19,999
27. Mar 19 Buy David Christensen Individual 25. Mar 19 25. Mar 19 294,118 A$0.02 A$5,000
08. Jan 19 Buy Richard Keevers Individual 07. Jan 19 07. Jan 19 1,290,000 A$0.02 A$19,994
04. Dec 18 Buy David Clarke Individual 22. Nov 18 22. Nov 18 172,361,116 A$0.02 A$3,102,399
05. Jul 18 Buy David Christensen Individual 29. Jun 18 29. Jun 18 185,185 A$0.03 A$5,000
05. Jul 18 Buy BCP Alpha Management Company 29. Jun 18 29. Jun 18 2,000,000 A$0.03 A$53,999
X
Management checks
We assess Renascor Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Renascor Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Have Insiders Been Buying Renascor Resources Limited (ASX:RNU) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Renascor Resources Limited (ASX:RNU). … The Last 12 Months Of Insider Transactions At Renascor Resources. … We generally consider it a positive if insiders have been buying on market, even if the share price has increased a bit since then.

Simply Wall St -

When Will Renascor Resources Limited (ASX:RNU) Become Profitable?

Renascor Resources Limited's (ASX:RNU):. … Renascor Resources Limited engages in the exploration and evaluation of mineral properties in Australia. … With the latest financial year loss of -AU$3.4m and a trailing-twelve month of -AU$1.5m, the AU$20m market-cap alleviates its loss by moving closer towards its target of breakeven.

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Is Renascor Resources Limited's (ASX:RNU) CEO Paid At A Competitive Rate?

David Christensen became the CEO of Renascor Resources Limited (ASX:RNU) in 2010. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does David Christensen's Compensation Compare With Similar Sized Companies?

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Is Renascor Resources Limited's (ASX:RNU) Balance Sheet A Threat To Its Future?

Renascor Resources Limited (ASX:RNU), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is RNU will have to follow strict debt obligations which will reduce its financial flexibility. … Is financial flexibility worth the lower cost of capital

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Need To Know: Renascor Resources Limited (ASX:RNU) Insiders Have Been Buying Shares

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So we'll take a look at whether insiders have been buying or selling shares in Renascor Resources Limited (ASX:RNU). … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

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Loss-Making Renascor Resources Limited (ASX:RNU) Expected To Breakeven

Renascor Resources Limited's (ASX:RNU):. … Renascor Resources Limited engages in the exploration and evaluation of mineral properties in Australia. … View our latest analysis for Renascor Resources

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What Kind Of Shareholder Owns Most Renascor Resources Limited (ASX:RNU) Stock?

Every investor in Renascor Resources Limited (ASX:RNU) should be aware of the most powerful shareholder groups. … Generally speaking, as a company grows, institutions will increase their ownership. … Renascor Resources is a smaller company with a market capitalization of AU$18m, so it may still be flying under the radar of many institutional investors.

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Loss-Making Renascor Resources Limited (ASX:RNU) Expected To Breakeven

Renascor Resources Limited acquires, explores for, and develops mineral deposits in Australia. … The company’s loss has recently broadened since it announced a -AU$1.1m loss in the full financial year, compared to the latest trailing-twelve-month loss of -AU$3.5m, moving it further away from breakeven? … See our latest analysis for Renascor Resources

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Is Renascor Resources Limited's (ASX:RNU) Balance Sheet Strong Enough To Weather A Storm?

Renascor Resources Limited (ASX:RNU), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is RNU will have to follow strict debt obligations which will reduce its financial flexibility. … Does RNU's growth rate justify its decision for financial flexibility over lower cost of capital

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Company Info

Description

Renascor Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The company explores for graphite, copper, gold, uranium, and other minerals. Its focus project is the Siviour graphite project located in Eyre Peninsula, South Australia. The company was formerly known as Renaissance Uranium Limited and changed its name to Renascor Resources Limited in December 2013. Renascor Resources Limited was incorporated in 2009 and is headquartered in Kent Town, Australia.

Details
Name: Renascor Resources Limited
RNU
Exchange: ASX
Founded: 2009
A$26,528,759
1,153,424,340
Website: http://www.renascor.com.au
Address: Renascor Resources Limited
36 North Terrace,
Kent Town,
South Australia, 5067,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX RNU Ordinary Shares Australian Securities Exchange AU AUD 15. Dec 2010
DB RU8 Ordinary Shares Deutsche Boerse AG DE EUR 15. Dec 2010
CHIA RNU Ordinary Shares Chi-X Australia AU AUD 15. Dec 2010
Number of employees
Current staff
Staff numbers
0
Renascor Resources employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:34
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/14
Last earnings filing: 2019/03/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.