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Ragnar Metals

ASX:RAG
Snowflake Description

Flawless balance sheet with weak fundamentals.

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

Ragnar Metals Limited engages in the exploration and evaluation mineral properties in Scandinavia. The last earnings update was 97 days ago. More info.


Add to Portfolio Compare Print
  • Ragnar Metals has significant price volatility in the past 3 months.
RAG Share Price and Events
7 Day Returns
0%
ASX:RAG
3.5%
AU Metals and Mining
-0.1%
AU Market
1 Year Returns
-64.7%
ASX:RAG
13.3%
AU Metals and Mining
5.1%
AU Market
RAG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ragnar Metals (RAG) 0% -40% -33.3% -64.7% -98% -99.9%
AU Metals and Mining 3.5% 2.3% 6% 13.3% 81.8% 17.8%
AU Market -0.1% 2.5% 5.5% 5.1% 22.3% 12.3%
1 Year Return vs Industry and Market
  • RAG underperformed the Metals and Mining industry which returned 13.3% over the past year.
  • RAG underperformed the Market in Australia which returned 5.1% over the past year.
Price Volatility
RAG
Industry
5yr Volatility vs Market

Value

 Is Ragnar Metals 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 Ragnar Metals. This is due to cash flow or dividend data being unavailable. The share price is A$0.006.
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 Ragnar Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ragnar Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:RAG 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:RAG Share Price ** ASX (2019-06-13) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.65x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.14x

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

** Primary Listing of Ragnar Metals.

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

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

= 0.01 ÷ 0.00

-1.4x

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

  • Ragnar Metals is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Ragnar Metals is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Ragnar Metals's expected growth come at a high price?
Raw Data
ASX:RAG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.4x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.84x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.4x

*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 Ragnar Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ragnar Metals's assets?
Raw Data
ASX:RAG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:RAG Share Price * ASX (2019-06-13) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 588 Publicly-Listed Metals and Mining Companies 1.46x
Australia Market PB Ratio Median Figure of 1,688 Publicly-Listed Companies 1.64x
ASX:RAG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ 0.00

1.74x

* Primary Listing of Ragnar Metals.

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

  • Ragnar Metals is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Ragnar Metals'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ragnar Metals 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 Ragnar Metals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ragnar Metals expected to grow at an attractive rate?
  • Unable to compare Ragnar Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ragnar Metals's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Ragnar Metals's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:RAG Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
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:RAG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:RAG Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 -1
2018-09-30 0 0 -1
2018-06-30 0 -1 -1
2018-03-31 0 -1 -1
2017-12-31 0 -1 -1
2017-09-30 0 -1 -1
2017-06-30 0 -1 -2
2016-12-31 0 -1 0
2016-09-30 0 -1 -2
2016-06-30 0 -1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ragnar Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Ragnar Metals is high growth as no revenue estimate data is available.
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:RAG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ragnar Metals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RAG Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.12
2016-12-31 -0.07
2016-09-30 -0.35
2016-06-30 -0.68

*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.
  • Unable to establish if Ragnar Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Ragnar Metals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Ragnar Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ragnar Metals'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.
Ragnar Metals has a total score of 0/6, 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 Ragnar Metals 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 Ragnar Metals's growth in the last year to its industry (Metals and Mining).
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.
  • Ragnar Metals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ragnar Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ragnar Metals's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Ragnar Metals'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 Ragnar Metals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RAG 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 0.01 -1.34 0.69
2018-09-30 0.01 -1.25 0.67
2018-06-30 0.01 -1.15 0.65
2018-03-31 0.00 -1.18 0.56
2017-12-31 0.00 -1.22 0.47
2017-09-30 0.00 -1.45 0.61
2017-06-30 0.00 -1.68 0.75
2016-12-31 0.01 -0.43 1.33
2016-09-30 0.01 -1.84 1.30
2016-06-30 0.01 -3.25 1.28
2015-12-31 0.03 -4.36 1.14
2015-09-30 0.06 -2.85 1.12
2015-06-30 0.10 -1.34 1.11
2015-03-31 0.10 -3.19 0.99
2014-12-31 0.10 -1.42 0.89
2014-09-30 0.09 -3.61 0.87
2014-06-30 0.07 -5.81 0.86
2014-03-31 0.07 -6.57 0.96
2013-12-31 0.07 -7.33 1.06
2013-09-30 0.08 -5.56 1.17
2013-06-30 0.10 -3.78 1.28
2013-03-31 0.20 -3.29 1.57
2012-12-31 0.31 -2.80 1.87
2012-09-30 0.37 -2.99 2.27
2012-06-30 0.43 -3.17 2.67

*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 Ragnar Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ragnar Metals has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ragnar Metals 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 Ragnar Metals'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 Metals and Mining 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.
Ragnar Metals 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 Ragnar Metals'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 Ragnar Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ragnar Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ragnar Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ragnar Metals'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.
  • Low level of unsold assets.
  • Ragnar Metals 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 Ragnar Metals Company Filings, last reported 5 months ago.

ASX:RAG Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.08 0.00 1.05
2018-09-30 1.08 0.00 1.05
2018-06-30 1.55 0.00 1.40
2018-03-31 1.55 0.00 1.40
2017-12-31 2.17 0.00 1.63
2017-09-30 2.17 0.00 1.63
2017-06-30 0.79 0.00 0.52
2016-12-31 0.37 0.29 0.15
2016-09-30 0.37 0.29 0.15
2016-06-30 1.11 0.15 0.25
2015-12-31 2.95 0.00 0.54
2015-09-30 2.95 0.00 0.54
2015-06-30 6.30 0.00 1.35
2015-03-31 6.30 0.00 1.35
2014-12-31 9.03 0.00 0.77
2014-09-30 9.03 0.00 0.77
2014-06-30 9.26 0.00 1.62
2014-03-31 9.26 0.00 1.62
2013-12-31 8.87 0.00 1.37
2013-09-30 8.87 0.00 1.37
2013-06-30 12.31 0.00 1.40
2013-03-31 12.31 0.00 1.40
2012-12-31 13.96 0.00 2.39
2012-09-30 13.96 0.00 2.39
2012-06-30 14.61 0.00 3.65
  • Ragnar Metals has no debt.
  • Ragnar Metals 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.

  • Ragnar Metals has sufficient cash runway for 1.9 years based on current free cash flow.
  • Ragnar Metals has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -51.4% each year.
X
Financial health checks
We assess Ragnar Metals'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. Ragnar Metals has a total score of 6/6, 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 Ragnar Metals'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 Ragnar Metals dividends.
If you bought A$2,000 of Ragnar Metals 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 Ragnar Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ragnar Metals'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:RAG 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 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.2%
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 5.8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Ragnar Metals has not reported any payouts.
  • Unable to verify if Ragnar Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ragnar Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ragnar Metals 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 Ragnar Metals'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 Ragnar Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ragnar Metals 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 Ragnar Metals'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.
  • Ragnar Metals has no CEO, or we have no data on them.
Management Team

Julia Beckett

TITLE
Company Secretary
TENURE
2 yrs

Bob Beeson

TITLE
Consultant
COMPENSATION
A$16K
Board of Directors Tenure

Average tenure of the Ragnar Metals board of directors in years:

1.8
Average Tenure
  • The average tenure for the Ragnar Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sara Kelly

TITLE
Non-Executive Chairman
COMPENSATION
A$83K
TENURE
1 yrs

Eddie King

TITLE
Non-Executive Director
COMPENSATION
A$53K
TENURE
2.3 yrs

James Scovell

TITLE
Non-Executive Director
COMPENSATION
A$53K
TENURE
2 yrs

David Wheeler

TITLE
Non-Executive Director
COMPENSATION
A$41K
AGE
60
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Ragnar Metals'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. Ragnar Metals 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

Could The Ragnar Metals Limited (ASX:RAG) Ownership Structure Tell Us Something Useful?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' Ragnar Metals is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that institutional investors have not yet purchased much of the company. … Check out our latest analysis for Ragnar Metals ASX:RAG Ownership Summary, May 29th 2019 What Does The Institutional Ownership Tell Us About Ragnar Metals?

Simply Wall St -

Is Ragnar Metals Limited's (ASX:RAG) Balance Sheet Strong Enough To Weather A Storm?

The direct benefit for Ragnar Metals Limited (ASX:RAG), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is RAG right in choosing financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Do Insiders Own Lots Of Shares In Ragnar Metals Limited (ASX:RAG)?

If you want to know who really controls Ragnar Metals Limited (ASX:RAG), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$3.8m, Ragnar Metals is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Ragnar Metals

Simply Wall St -

Company Info

Description

Ragnar Metals Limited engages in the exploration and evaluation mineral properties in Scandinavia. The company explores for nickel, gold, silver, and copper and base metals projects. It holds a 100% interest in the Granmuren nickel prospect in the Bergslagen district of Sweden, as well as other Swedish exploration permits. The company is based in West Perth, Australia.

Details
Name: Ragnar Metals Limited
RAG
Exchange: ASX
Founded:
A$1,880,544
313,424,062
Website: http://www.drakeresources.com.au
Address: Ragnar Metals Limited
11 Ventnor Avenue,
Suite 12,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX RAG Ordinary Shares Australian Securities Exchange AU AUD 31. Mar 2005
Number of employees
Current staff
Staff numbers
0
Ragnar Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 10:34
End of day share price update: 2019/06/13 00:00
Last earnings filing: 2019/03/14
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.