RBX

Resource BaseASX:RBX Stock Report

Market Cap

AU$7.8m

7D

-2.5%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
RBX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

RBX Overview

Resource Base Limited focuses on the acquisition, development, and exploration of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Resource Base
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.15
52 Week LowAU$0.31
Beta0
1 Month Change0%
3 Month Change8.33%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO14.71%

Recent News & Updates

Shareholder Returns

RBXAU Metals and MiningAU Market
7D-2.5%4.3%0.9%
1Yn/a12.2%20.2%

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

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

Price Volatility

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

Stable Share Price: RBX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2005n/aShannon Greenhttps://www.resourcebase.com.au

Resource Base Limited focuses on the acquisition, development, and exploration of mineral properties in Australia. The company holds an option to acquire 100% interest in the Black Range Project, which covers 124 square kilometers located in the Stavely corridor in north-west Victoria. Its project is host to a copper-gold volcanic-hosted prospect.

Resource Base Fundamentals Summary

How do Resource Base's earnings and revenue compare to its market cap?
RBX fundamental statistics
Market CapAU$7.79m
Earnings (TTM)-AU$1.20m
Revenue (TTM)AU$2.47k

3.3kx

P/S Ratio

-6.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RBX income statement (TTM)
RevenueAU$2.47k
Cost of RevenueAU$0
Gross ProfitAU$2.47k
ExpensesAU$1.21m
Earnings-AU$1.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.03
Gross Margin100.00%
Net Profit Margin-48,810.83%
Debt/Equity Ratio-81.3%

How did RBX perform over the long term?

See historical performance and comparison

Valuation

Is Resource Base undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Resource Base is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Resource Base has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

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

-0.3%

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 Resource Base 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 Resource Base performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RBX is currently unprofitable.

Growing Profit Margin: RBX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RBX is unprofitable, but has reduced losses over the past 5 years at a rate of 6.3% per year.

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

Earnings vs Industry: RBX 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: RBX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Resource Base's financial position?


Financial Position Analysis

Short Term Liabilities: RBX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: RBX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: RBX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: RBX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: RBX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RBX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.3% each year


Dividend

What is Resource Base current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.2yrs

Average board tenure


CEO

Shannon Green

0.75

Tenure

AU$176,750

Compensation

Mr. Shannon Green serves as the Managing Director at Pathfinder Resources Limited since December 01, 2020. He serves as Executive Chairman and Director of Resource Base Limited since June 1, 2020 and is it...


CEO Compensation Analysis

Compensation vs Market: Shannon's total compensation ($USD131.19K) is below average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Shannon's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: RBX's board of directors are not considered experienced ( 1.2 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: 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: RBX only recently listed within the past 12 months, with total shares outstanding growing by 1062.5% in the past year..


Top Shareholders

Company Information

Resource Base Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Resource Base Limited
  • Ticker: RBX
  • Exchange: ASX
  • Founded: 2005
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$7.790m
  • Shares outstanding: 39.95m
  • Website: https://www.resourcebase.com.au

Location

  • Resource Base Limited
  • 62 Ord Street
  • Suite 5
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 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.