company background image
RAS

Ragusa MineralsASX:RAS Stock Report

Market Cap

AU$13.3m

7D

-16.0%

1Y

-4.5%

Updated

21 Oct, 2021

Data

Company Financials
RAS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RAS Overview

Ragusa Minerals Limited, a gold exploration and development company, focuses on identifying gold deposits.

Price History & Performance

Summary of all time highs, changes and price drops for Ragusa Minerals
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.067
52 Week LowAU$0.13
Beta-0.17
1 Month Change25.00%
3 Month Change31.25%
1 Year Change-4.55%
3 Year Changen/a
5 Year Change110.00%
Change since IPO-94.75%

Recent News & Updates

Shareholder Returns

RASAU Metals and MiningAU Market
7D-16.0%-0.3%0.7%
1Y-4.5%12.5%21.4%

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.

Price Volatility

Is RAS's price volatile compared to industry and market?
RAS volatility
RAS Beta-0.17
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2010n/an/ahttps://www.ragusaminerals.com.au

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

How do Ragusa Minerals's earnings and revenue compare to its market cap?
RAS fundamental statistics
Market CapAU$13.25m
Earnings (TTM)-AU$548.72k
Revenue (TTM)AU$6.72k

2.1kx

P/S Ratio

-24.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RAS income statement (TTM)
RevenueAU$6.72k
Cost of RevenueAU$172.70k
Gross Profit-AU$165.98k
ExpensesAU$382.74k
Earnings-AU$548.72k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0043
Gross Margin-2,469.24%
Net Profit Margin-8,163.03%
Debt/Equity Ratio0.0%

How did RAS perform over the long term?

See historical performance and comparison

Valuation

Is Ragusa Minerals undervalued compared to its fair value and its price relative to the market?

2.77x

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).


Future Growth

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

-0.07%

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.


Past Performance

How has Ragusa Minerals performed over the past 5 years?

-36.1%

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.


Financial Health

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%.


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: 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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Ragusa Minerals has no CEO, or we have no data on them.


Board Members

Experienced Board: RAS's board of directors are not considered experienced ( 1.1 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.6%.


Top Shareholders

Company Information

Ragusa Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Ragusa Minerals Limited
  • 22 Mount Street
  • Level 2
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:17
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.