Renascor Resources Limited engages in the exploration and evaluation of mineral properties in Australia.
+ 1 more risk
Excellent balance sheet with moderate growth potential.
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.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: RNU underperformed the Australian Oil and Gas industry which returned -7.3% over the past year.
Return vs Market: RNU underperformed the Australian Market which returned 16.1% over the past year.
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
2 weeks ago | Simply Wall StWhy Renascor Resources Limited's (ASX:RNU) CEO Pay Matters To You
1 month ago | Simply Wall StWhat Kind Of Shareholder Appears On The Renascor Resources Limited's (ASX:RNU) Shareholder Register?
2 months ago | Simply Wall StDoes The Renascor Resources Limited (ASX:RNU) Share Price Tend To Follow The Market?
Is Renascor Resources undervalued compared to its fair value and its price relative to the market?
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 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 (1.2x).
How is Renascor Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RNU is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).
Earnings vs Market: RNU is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RNU's is expected to become profitable in the next 3 years.
Revenue vs Market: RNU is forecast to have no revenue next year.
High Growth Revenue: RNU is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RNU's Return on Equity is forecast to be high in 3 years time
How has Renascor Resources performed over the past 5 years?
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 11.5% 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 (58.2%).
Return on Equity
High ROE: RNU has a negative Return on Equity (-7.61%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Renascor Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RNU's short term assets (A$2.9M) exceed its short term liabilities (A$629.0K).
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.
Inventory Level: RNU has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if RNU's debt is covered by short term assets.
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 less than a year of cash runway 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 -15.9% each year
What is Renascor Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate RNU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RNU's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Christensen 0
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, ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD323.50K) is about average for companies of similar size in the Australian market ($USD254.67K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
|MD & Director||9.8yrs||AU$481.47k||1.67% A$220.6k|
|Non-Executive Director||9.4yrs||AU$40.00k||0.65% A$86.1k|
|Non-Executive Chairman||3.1yrs||AU$60.00k||3.51% A$462.7k|
|Non-Executive Director||9.3yrs||AU$261.05k||no data|
Experienced Board: RNU's board of directors are considered experienced (9.3 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 67.7%.
Renascor Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Renascor Resources Limited
- Ticker: RNU
- Exchange: ASX
- Founded: 2009
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$13.182m
- Shares outstanding: 1.32b
- Website: https://www.renascor.com.au
Number of Employees
- Renascor Resources Limited
- 36 North Terrace
- Kent Town
- South Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RNU||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2010|
|RU8||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2010|
|RNU||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2010|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 10:37|
|End of Day Share Price||2020/02/17 00:00|
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.