Rincon Resources (ASX:RCR) - Stock Price, News & Analysis

RCR Stock Overview

Engages in the acquisition, exploration, and development of mineral resources in Western Australia.

RCR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 23.6% per year over past 5 years

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$0)

Does not have a meaningful market cap (A$7M)

+ 1 more risk

Rincon Resources Limited Competitors

Evergreen Lithium

ASX:EG1

AU$8.3m

Augustus Minerals

ASX:AUG

AU$7.5m

Paterson Resources

ASX:PSL

AU$7.8m

Enegex

ASX:ENX

AU$7.4m

Price History & Performance

Summary of all time highs, changes and price drops for Rincon Resources
Historical stock prices
Current Share Price	AU$0.024
52 Week High	AU$0.16
52 Week Low	AU$0.022
Beta	-0.0036
11 Month Change	0%
3 Month Change	-82.22%
1 Year Change	-25.00%
33 Year Change	-89.09%
5 Year Change	n/a
Change since IPO	-92.13%

Recent updates

Shareholder Returns

	RCR	AU Metals and Mining	AU Market
7D	-4.0%	-2.1%	-0.6%
1Y	-25.0%	1.9%	17.8%

Return vs Industry: RCR underperformed the Australian Metals and Mining industry which returned 1.9% over the past year.

Return vs Market: RCR underperformed the Australian Market which returned 17.8% over the past year.

Price Volatility

Is RCR's price volatile compared to industry and market?
RCR volatility
RCR Average Weekly Movement	19.3%
Metals and Mining Industry Average Movement	11.5%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: RCR's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: RCR's weekly volatility has decreased from 26% to 19% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2018	n/a	Gary Harvey	www.rinconresources.com.au

Rincon Resources Limited engages in the acquisition, exploration, and development of mineral resources in Western Australia. It explores for gold, copper, and critical rare-earth elements. The company holds 100% interests in the South Telfer project that consists of 9 granted tenements and 3 tenement applications covering 566 square kilometers located in the Paterson Range region; the Laverton project that consists of 11 granted exploration tenements and 10 tenement applications encompassing 100 square kilometers located in the Laverton tectonic zone; and the Kiwirrkurra project that consist of 5 granted tenements and 1 tenement application covering 220 square kilometers located in the West Arunta region.

Rincon Resources Limited Fundamentals Summary

How do Rincon Resources's earnings and revenue compare to its market cap?
RCR fundamental statistics
Market cap	AU$7.31m
Earnings (TTM)	-AU$1.53m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-4.6x

P/E Ratio

Is RCR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RCR income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$1.53m
Earnings	-AU$1.53m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0052
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did RCR perform over the long term?

See historical performance and comparison

RCR Stock Overview

Rewards

Risk Analysis

Rincon Resources Limited Competitors

ASX:EG1

AU$8.3m

ASX:AUG

AU$7.5m

ASX:PSL

AU$7.8m

ASX:ENX

AU$7.4m

Price History & Performance

Recent News & Updates

New minor risk - Financial data availability

Rincon Resources Limited, Annual General Meeting, Nov 12, 2024

Less than half of directors are independent

Rincon Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5.6 million.

Rincon Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 5.6 million.

Rincon Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.43512 million.

Recent updates

New minor risk - Financial data availability

Rincon Resources Limited, Annual General Meeting, Nov 12, 2024

Less than half of directors are independent

Rincon Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5.6 million.

Rincon Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 5.6 million.

Rincon Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.43512 million.

Rincon Resources Limited has filed a Follow-on Equity Offering.

Rincon Resources Limited has filed a Follow-on Equity Offering.

New major risk - Shareholder dilution

Rincon Resources Limited, Annual General Meeting, Nov 29, 2023

High number of new directors

New minor risk - Financial data availability

High number of new and inexperienced directors

New minor risk - Share price stability

Rincon Resources Limited Announces Results of an Independent Assessment and Interpretation At Its 100% Owned Kiwirrkurra Iocg Project, Located in the West Arunta Region of Western Australia

Insider recently bought AU$70k worth of stock

Rincon Resources Limited Provides an Update on Its Proposed Exploration Activities At the South-Telfer Copper-Gold Project Located South of Telfer and Havieron in the Paterson Province, Western Australia

Rincon Resources Limited Announces High-Grade Gold Copper Results At West Arunta

Rincon Resources Limited (ASX:RCR) entered into an agreement to acquire Six new granted exploration tenements in Laverton Gold Project from Mining Equities Pty Ltd and Peter Gianni for AUD 0.15 million.

Rincon Resources Limited Announces Results of the Latest Geophysical Modelling at its 100% Owned South Telfer Copper-Gold Project

Rincon Resources Limited Completes Preliminary Site Reconnaissance Rock-Chip Sampling At Its 100% Owned Kiwirrkurra IOCG Project

Less than half of directors are independent

Rincon Resources Limited Receives Preliminary High-Level Report from Independent Consultant Resource Potentials Highlighting the Similarities Between Rincon's Pokali Prospect and Wa1 Resources Limited's New Niobium-REE Discovery at their West Arunta Project

Rincon Resources Limited Receives Consent to Mine Endorsement for Its Granted Tenements and Completed an Aem Survey At Its 100% Owned Kiwirrkurra Iocg Project, Located in the West Arunta Region of Western Australia

Rincon Resources Limited's IOCG Project Gets Ministerial Entry Permit & Successful EIS Application

Rincon Resources Limited, Annual General Meeting, Nov 30, 2022

Rincon Resources Limited Announces `Mammoth' New Copper-Gold Target Southwest of Havieron

Rincon Resources Limited, Annual General Meeting, Oct 28, 2022

Rincon Resources Limited Announces Board Changes

Rincon Resources Limited Announces Board Changes

Rincon Resources Limited Provides South Telfer Diamond Drilling Results & Exploration Update

Rincon Resources Limited Provides an Update on Activities At the South Telfer Copper-Gold Project

Rincon Resources Limited Provides an Update on the Progress of the Company's Phase 2 Drilling Campaign At Its South Telfer Copper-Gold Project

Rincon Resources Limited, Annual General Meeting, Jun 22, 2022

Rincon Resources Limited Announces Appointment of Victor Goh Joint Company Secretary

Less than half of directors are independent

Rincon Resources Limited Reports the Emergence of the Kurili Hill Prospect as a New High-Priority Target Area at its South Telfer Copper-Gold Project

Rincon Resources Limited Announces Diamond Drilling Commences At Hasties

Rincon Resources Limited Reports Initial Results from the Phase 2 Drill Program

Rincon Resources Limited Provides Drilling Update

Rincon Resources Limited Announces Exploration Update

Less than half of directors are independent

Rincon Resources Limited Commences Drilling in Paterson Province

Rincon Resources Limited Provides an Exploration Update for Its Laverton Gold Project Located in the Laverton Gold District

Rincon Resources Limited Announces South Telfer Gold-Copper Project Update

Rincon Resources Limited Provides an Exploration Update for its Laverton Gold and Telfer Gold-Copper Projects in Western Australia

Rincon Resources Limited Provide an Update on Exploration Activities At Its Laverton and South Telfer Projects in Western Australia

Rincon Resources Limited Receives Soil Sampling Results for 770 Soil Samples Collected At Its Laverton Gold Project, Western Australia

Rincon Resources Limited has completed an IPO in the amount of AUD 6 million.

Shareholder Returns

Price Volatility

About the Company

Rincon Resources Limited Fundamentals Summary

0.0x

-4.6x

Earnings & Revenue