Raiden Resources Limited, together with its subsidiaries, explores for mineral properties in the Republic of Serbia, the Republic of Bulgaria, and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.026|
|52 Week High||AU$0.02|
|52 Week Low||AU$0.051|
|1 Month Change||-3.70%|
|3 Month Change||4.00%|
|1 Year Change||-43.48%|
|3 Year Change||136.36%|
|5 Year Change||n/a|
|Change since IPO||-18.75%|
Recent News & Updates
We Think Raiden Resources (ASX:RDN) Needs To Drive Business Growth Carefully
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
We Think Raiden Resources (ASX:RDN) Can Afford To Drive Business Growth
We can readily understand why investors are attracted to unprofitable companies. For example, Raiden Resources...
Raiden Resources Limited (ASX:RDN) Insiders Increased Their Holdings
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
|RDN||AU Metals and Mining||AU Market|
Return vs Industry: RDN underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: RDN underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: RDN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: RDN's weekly volatility (11%) has been stable over the past year.
About the Company
Raiden Resources Limited, together with its subsidiaries, explores for mineral properties in the Republic of Serbia, the Republic of Bulgaria, and Australia. It primarily explores for copper, nickel, palladium, and gold deposits. The company holds 100% interests in the Donje Nevlje, Zapadni Majdanpek, Pyramid, Soansville, Eastern Creek, Mt Sholl, Myrnas Hill, Miralga Creek, Surprise, North Shaw, Yandicoogina, Boodalyerrie, and Arrow projects.
Raiden Resources Fundamentals Summary
|RDN fundamental statistics|
Is RDN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RDN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0016|
|Net Profit Margin||0.00%|
How did RDN perform over the long term?See historical performance and comparison
Is Raiden 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 RDN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RDN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RDN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: RDN 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 RDN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RDN's PB Ratio (2.6x) is in line with the AU Metals and Mining industry average.
How is Raiden 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 Raiden 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 Raiden Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: RDN is currently unprofitable.
Growing Profit Margin: RDN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RDN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare RDN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RDN 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: RDN has a negative Return on Equity (-15.96%), as it is currently unprofitable.
How is Raiden Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RDN's short term assets (A$2.8M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: RDN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RDN is debt free.
Reducing Debt: RDN has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RDN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RDN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.5% each year
What is Raiden Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RDN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RDN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RDN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RDN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RDN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Dusko Ljubojevic serves as Managing Director and Director at Raiden Resources Limited since February 20, 2018. Mr. Ljubojevic served as the Head of Small-Scale Mining and Geology for Barrick Gold Corpo...
CEO Compensation Analysis
Compensation vs Market: Dusko's total compensation ($USD151.89K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Dusko's compensation has been consistent with company performance over the past year.
Experienced Board: RDN's board of directors are considered experienced (3.7 years average tenure).
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: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 131.8%.
Raiden Resources Limited's employee growth, exchange listings and data sources
- Name: Raiden Resources Limited
- Ticker: RDN
- Exchange: ASX
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$32.465m
- Shares outstanding: 1.25b
- Website: https://raidenresources.com.au
- Raiden Resources Limited
- 63 Shepparton Road
- Suite 7
- Victoria Park
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:38|
|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.