Rincon Resources Limited operates as a gold and base metals exploration company.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.18|
|52 Week High||AU$0.19|
|52 Week Low||AU$0.46|
|1 Month Change||-28.85%|
|3 Month Change||-39.34%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-39.34%|
Recent News & Updates
|RCR||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how RCR performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how RCR performed against the Australian Market.
Stable Share Price: RCR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: RCR's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Rincon Resources Limited operates as a gold and base metals exploration company. It has interests in copper and gold projects in Western Australia. The company holds 100% interests in the South Telfer project that consists of six exploration licenses and two prospecting licenses covering approximately 540 square kilometers located to the northeast-northeast of Perth; and the Kiwirrkurra project, which includes one exploration license covering approximately 126 square kilometers located to the northeast of Perth.
Rincon Resources Fundamentals Summary
|RCR fundamental statistics|
Is RCR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RCR income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.023|
|Net Profit Margin||0.00%|
How did RCR perform over the long term?See historical performance and comparison
Is Rincon Resources 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 RCR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RCR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RCR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: RCR 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 RCR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RCR is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.5x).
How is Rincon Resources 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 Rincon Resources 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 Rincon Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: RCR is currently unprofitable.
Growing Profit Margin: RCR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RCR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare RCR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RCR 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: RCR has a negative Return on Equity (-19.44%), as it is currently unprofitable.
How is Rincon Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RCR's short term assets (A$4.5M) exceed its short term liabilities (A$202.4K).
Long Term Liabilities: RCR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RCR is debt free.
Reducing Debt: RCR 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.
Stable Cash Runway: RCR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RCR has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 106.6% each year.
What is Rincon Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RCR'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 RCR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RCR'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 RCR'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. Gary Harvey has been Chief Executive Officer at Rincon Resources Limited since May 12, 2021 and its Managing Director & Director since October 01, 2021. Mr. Harvey has experience in gold and nickel exp...
Experienced Board: RCR's board of directors are not considered experienced ( 2.2 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.
Dilution of Shares: RCR only recently listed within the past 12 months.
Rincon Resources Limited's employee growth, exchange listings and data sources
- Name: Rincon Resources Limited
- Ticker: RCR
- Exchange: ASX
- Founded: 2018
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$10.267m
- Shares outstanding: 51.34m
- Website: https://www.rinconresources.com.au
- Rincon Resources Limited
- 295 Rokeby Road
- Suite 1
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 07:04|
|End of Day Share Price||2021/10/19 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.