R3D

R3D ResourcesASX:R3D Stock Report

Market Cap

AU$16.6m

7D

11.1%

1Y

n/a

Updated

26 Oct, 2021

Data

Company Financials
R3D fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

R3D Overview

R3D Resources Limited, together with its subsidiaries, engages in the mineral exploration and development business in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for R3D Resources
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.13
52 Week LowAU$0.23
Beta0
1 Month Change3.45%
3 Month Change-6.25%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-23.08%

Recent News & Updates

Shareholder Returns

R3DAU Metals and MiningAU Market
7D11.1%-0.4%0.8%
1Yn/a15.6%24.4%

Return vs Industry: Insufficient data to determine how R3D performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how R3D performed against the Australian Market.

Price Volatility

Is R3D's price volatile compared to industry and market?
R3D volatility
R3D Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: R3D is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: Insufficient data to determine R3D's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.r3dresources.com.au

R3D Resources Limited, together with its subsidiaries, engages in the mineral exploration and development business in Australia. The company explores for copper, zinc, gold, molybdenum, tin, and tungsten deposits. Its flagship project is the Tartana copper and zinc project comprising four mining leases located in North Queensland.

R3D Resources Fundamentals Summary

How do R3D Resources's earnings and revenue compare to its market cap?
R3D fundamental statistics
Market CapAU$16.57m
Earnings (TTM)-AU$1.29m
Revenue (TTM)AU$2.54m

6.5x

P/S Ratio

-12.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
R3D income statement (TTM)
RevenueAU$2.54m
Cost of RevenueAU$2.32m
Gross ProfitAU$227.27k
ExpensesAU$1.52m
Earnings-AU$1.29m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin8.93%
Net Profit Margin-50.69%
Debt/Equity Ratio17.6%

How did R3D perform over the long term?

See historical performance and comparison

Valuation

Is R3D Resources undervalued compared to its fair value and its price relative to the market?

3.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate R3D's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate R3D's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: R3D is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: R3D 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 R3D's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: R3D is overvalued based on its PB Ratio (3.1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is R3D Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

Forecasted Materials 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 R3D 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 R3D Resources performed over the past 5 years?

-49.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: R3D is currently unprofitable.

Growing Profit Margin: R3D is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: R3D is unprofitable, and losses have increased over the past 5 years at a rate of 49.8% per year.

Accelerating Growth: Unable to compare R3D's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: R3D is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: R3D has a negative Return on Equity (-23.75%), as it is currently unprofitable.


Financial Health

How is R3D Resources's financial position?


Financial Position Analysis

Short Term Liabilities: R3D's short term assets (A$607.6K) do not cover its short term liabilities (A$2.1M).

Long Term Liabilities: R3D's short term assets (A$607.6K) exceed its long term liabilities (A$15.9K).


Debt to Equity History and Analysis

Debt Level: R3D's debt to equity ratio (17.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if R3D's debt to equity ratio has reduced over the 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: Insufficient data to determine if R3D has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if R3D has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is R3D Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate R3D's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate R3D'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 R3D's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if R3D'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 R3D'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?

0.3yrs

Average management tenure


CEO

R3D Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: R3D's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: R3D's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: R3D insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: R3D only recently listed within the past 12 months.


Top Shareholders

Company Information

R3D Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: R3D Resources Limited
  • Ticker: R3D
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$16.574m
  • Shares outstanding: 110.50m
  • Website: https://www.r3dresources.com.au

Location

  • R3D Resources Limited
  • 169 Blues Point Road
  • McMahons Point
  • Sydney
  • New South Wales
  • 2069
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:30
End of Day Share Price2021/10/26 00:00
Earnings2020/12/31
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.