Ragnar Metals Limited engages in the exploration and evaluation of projects in Scandinavia. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Ragnar Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAG's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: RAG exceeded the Australian Metals and Mining industry which returned 15.3% over the past year.
Return vs Market: RAG exceeded the Australian Market which returned -5.7% over the past year.
Price Volatility Vs. Market
How volatile is Ragnar Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StHow Much Of Ragnar Metals Limited (ASX:RAG) Do Insiders Own?
5 months ago | Simply Wall StHere's Why We're A Bit Worried About Ragnar Metals's (ASX:RAG) Cash Burn Situation
6 months ago | Simply Wall StHave Insiders Been Buying Ragnar Metals Limited (ASX:RAG) Shares This Year?
Is Ragnar Metals 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 RAG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RAG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RAG is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: RAG 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 RAG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAG is overvalued based on its PB Ratio (9.9x) compared to the AU Metals and Mining industry average (2.6x).
How is Ragnar Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Ragnar Metals 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.
- Examine Ragnar Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Ragnar Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Ragnar Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAG is currently unprofitable.
Growing Profit Margin: RAG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RAG is unprofitable, but has reduced losses over the past 5 years at a rate of 33.1% per year.
Accelerating Growth: Unable to compare RAG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RAG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).
Return on Equity
High ROE: RAG has a negative Return on Equity (-140.74%), as it is currently unprofitable.
How is Ragnar Metals's financial position?
Financial Position Analysis
Short Term Liabilities: RAG's short term assets (A$164.9K) exceed its short term liabilities (A$122.2K).
Long Term Liabilities: RAG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RAG is debt free.
Reducing Debt: RAG had no debt 5 years ago.
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: RAG has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RAG is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
What is Ragnar Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RAG'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 RAG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAG'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 RAG'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
Ragnar Metals has no CEO, or we have no data on them.
|Non-Executive Director||2.83yrs||AU$36.00k||no data|
|Independent Non-Executive Chairman||1.08yrs||AU$58.90k||5.33% |
|Non-Executive Director||3.67yrs||AU$36.00k||0.48% |
Experienced Board: RAG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RAG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ragnar Metals Limited's company bio, employee growth, exchange listings and data sources
- Name: Ragnar Metals Limited
- Ticker: RAG
- Exchange: ASX
- Founded: 2004
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$3.448m
- Shares outstanding: 313.42m
- Website: https://www.ragnarmetals.com.au
Number of Employees
- Ragnar Metals Limited
- 11 Ventnor Avenue
- Suite 2
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RAG||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2005|
|RAG||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2005|
Ragnar Metals Limited engages in the exploration and evaluation of projects in Scandinavia. The company explores for nickel, gold, silver, and base metals projects. It holds a 100% interest in the Tullsta ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 10:34|
|End of Day Share Price||2020/08/05 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.