Resource Base Limited focuses on the acquisition, development, and exploration of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.15|
|52 Week Low||AU$0.31|
|1 Month Change||0%|
|3 Month Change||8.33%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||14.71%|
Recent News & Updates
|RBX||AU Metals and Mining||AU Market|
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.
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
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
|RBX fundamental statistics|
Is RBX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RBX income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.03|
|Net Profit Margin||-48,810.83%|
How did RBX perform over the long term?See historical performance and comparison
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.
How is Resource Base 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 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.
How has Resource Base performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
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.
Experienced Board: RBX's board of directors are not considered experienced ( 1.2 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: RBX only recently listed within the past 12 months, with total shares outstanding growing by 1062.5% in the past year..
Resource Base Limited's employee growth, exchange listings and data sources
- 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
- Resource Base Limited
- 62 Ord Street
- Suite 5
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/18 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.