Ragusa Minerals Limited, a gold exploration and development company, focuses on identifying gold deposits.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.10|
|52 Week High||AU$0.067|
|52 Week Low||AU$0.13|
|1 Month Change||25.00%|
|3 Month Change||31.25%|
|1 Year Change||-4.55%|
|3 Year Change||n/a|
|5 Year Change||110.00%|
|Change since IPO||-94.75%|
Recent News & Updates
|RAS||AU Metals and Mining||AU Market|
Return vs Industry: RAS underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: RAS underperformed the Australian Market which returned 21.1% over the past year.
Stable Share Price: RAS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: RAS's weekly volatility (11%) has been stable over the past year.
About the Company
Ragusa Minerals Limited, a gold exploration and development company, focuses on identifying gold deposits. It holds a 100% interest in the Lonely Mine Gold Project comprising four granted tenements covering an areas of 44 hectares located in the Bubi Greenstone Belt in Zimbabwe. The company was formerly known as SIV Asset Management Limited and changed its name to Ragusa Minerals Limited in October 2020.
Ragusa Minerals Fundamentals Summary
|RAS fundamental statistics|
Is RAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RAS income statement (TTM)|
|Cost of Revenue||AU$172.70k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0043|
|Net Profit Margin||-8,163.03%|
How did RAS perform over the long term?See historical performance and comparison
Is Ragusa Minerals 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 RAS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RAS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RAS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: RAS 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 RAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAS is overvalued based on its PB Ratio (2.8x) compared to the AU Metals and Mining industry average (2.6x).
How is Ragusa Minerals 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 Ragusa Minerals 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.
How has Ragusa Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAS is currently unprofitable.
Growing Profit Margin: RAS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RAS is unprofitable, and losses have increased over the past 5 years at a rate of 36.1% per year.
Accelerating Growth: Unable to compare RAS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RAS 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: RAS has a negative Return on Equity (-11.46%), as it is currently unprofitable.
How is Ragusa Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: RAS's short term assets (A$4.2M) exceed its short term liabilities (A$70.0K).
Long Term Liabilities: RAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RAS is debt free.
Reducing Debt: RAS has no debt compared to 5 years ago when its debt to equity ratio was 28044.6%.
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: RAS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RAS has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 4.9% each year
What is Ragusa Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RAS'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 RAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RAS is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RAS'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
Ragusa Minerals has no CEO, or we have no data on them.
Experienced Board: RAS's board of directors are not considered experienced ( 1.1 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: 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 diluted in the past year, with total shares outstanding growing by 10.6%.
Ragusa Minerals Limited's employee growth, exchange listings and data sources
- Name: Ragusa Minerals Limited
- Ticker: RAS
- Exchange: ASX
- Founded: 2010
- Industry: Gold
- Sector: Materials
- Market Cap: AU$13.251m
- Shares outstanding: 126.20m
- Website: https://www.ragusaminerals.com.au
- Ragusa Minerals Limited
- 22 Mount Street
- Level 2
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:17|
|End of Day Share Price||2021/10/21 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.