Recharge Metals (ASX:REC) - Stock Price, News & Analysis

REC Stock Overview

Focuses on the acquisition and development of mineral properties in Australia and Canada.

REC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Revenue grew by 148.7% over the past year

Risk Analysis

Does not have a meaningful market cap (A$5M)

Makes less than USD$1m in revenue (A$39K)

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

Recharge Metals Limited Competitors

Golden Deeps

ASX:GED

AU$4.5m

Copper Search

ASX:CUS

AU$4.9m

Protean Energy

ASX:POW

AU$5.2m

Alderan Resources

ASX:AL8

AU$4.7m

Price History & Performance

Summary of all time highs, changes and price drops for Recharge Metals
Historical stock prices
Current Share Price	AU$0.038
52 Week High	AU$0.14
52 Week Low	AU$0.024
Beta	0.19
11 Month Change	58.33%
3 Month Change	22.58%
1 Year Change	-74.67%
33 Year Change	-77.65%
5 Year Change	n/a
Change since IPO	-79.46%

Recent updates

Shareholder Returns

	REC	AU Metals and Mining	AU Market
7D	11.8%	-0.6%	0.6%
1Y	-74.7%	-1.7%	19.9%

Return vs Industry: REC underperformed the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: REC underperformed the Australian Market which returned 19.9% over the past year.

Price Volatility

Is REC's price volatile compared to industry and market?
REC volatility
REC Average Weekly Movement	18.7%
Metals and Mining Industry Average Movement	11.1%
Market Average Movement	8.8%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.6%

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

Volatility Over Time: REC's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Felicity Repacholi-Muir	rechargemetals.com.au

Recharge Metals Limited focuses on the acquisition and development of mineral properties in Australia and Canada. The company explores for lithium, copper, and gold. Its flagship project is the Express Lithium project comprising 139 mineral claims covering an area of approximately 73.5 square kilometers located in the James Bay, Québec, Canada.

Recharge Metals Limited Fundamentals Summary

How do Recharge Metals's earnings and revenue compare to its market cap?
REC fundamental statistics
Market cap	AU$5.31m
Earnings (TTM)	-AU$1.87m
Revenue (TTM)	AU$38.57k

137.6x

P/S Ratio

-2.8x

P/E Ratio

Is REC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REC income statement (TTM)
Revenue	AU$38.57k
Cost of Revenue	AU$0
Gross Profit	AU$38.57k
Other Expenses	AU$1.90m
Earnings	-AU$1.87m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.013
Gross Margin	100.00%
Net Profit Margin	-4,836.15%
Debt/Equity Ratio	0%

How did REC perform over the long term?

See historical performance and comparison

REC Stock Overview

Rewards

Risk Analysis

Recharge Metals Limited Competitors

ASX:GED

AU$4.5m

ASX:CUS

AU$4.9m

ASX:POW

AU$5.2m

ASX:AL8

AU$4.7m

Price History & Performance

Recent News & Updates

Recharge Metals Limited, Annual General Meeting, Nov 27, 2024

Full year 2024 earnings released: AU$0.016 loss per share (vs AU$0.03 loss in FY 2023)

Recharge Metals Limited, Annual General Meeting, May 10, 2024

First half 2024 earnings released: AU$0.009 loss per share (vs AU$0.011 loss in 1H 2023)

Recharge Metals Limited (ASX:REC) entered into a binding agreement to acquire Newnham Lake Uranium Project from Kalt Industries Ltd. and DG Resource Management Ltd. for CAD 0.5 million.

New major risk - Share price stability

Recent updates

Recharge Metals Limited, Annual General Meeting, Nov 27, 2024

Full year 2024 earnings released: AU$0.016 loss per share (vs AU$0.03 loss in FY 2023)

Recharge Metals Limited, Annual General Meeting, May 10, 2024

First half 2024 earnings released: AU$0.009 loss per share (vs AU$0.011 loss in 1H 2023)

Recharge Metals Limited (ASX:REC) entered into a binding agreement to acquire Newnham Lake Uranium Project from Kalt Industries Ltd. and DG Resource Management Ltd. for CAD 0.5 million.

New major risk - Share price stability

New major risk - Market cap size

Full year 2023 earnings released: AU$0.03 loss per share (vs AU$0.034 loss in FY 2022)

Recharge Metals Limited, Annual General Meeting, Nov 28, 2023

Recharge Metals Limited, Annual General Meeting, Sep 15, 2023

Recharge Metals Limited (ASX:REC) acquired 100% stake in Wapistan Lithium Project from Rockland Resources Ltd. for CAD 1.6 million.

Recharge Metals Limited (ASX:REC) entered into binding agreement to acquire 100% stake in Wapistan Lithium Project from Rockland Resources Ltd. for CAD 0.7 million.

Recharge Metals Limited (ASX:REC) acquired Express Lithium Project from DG Resource Management Ltd, Hale Court Holdings Pty Ltd, and Ikigai Strategic Investments Pty Ltd.

Recharge Metals Limited Reports Further Drill Results from Its Brandy Hill South Project

Recharge Metals Limited Announces Board Changes

Less than half of directors are independent

Recharge Metals Limited Appoints Felicity Repacholi-Muir as Interim Executive Director

Recharge Metals Limited Confirm Additional Mineralisation At Brandy Hill South

Recharge Metals Limited Provides Another Update on the Company's Diamond Drilling Activities At the Brandy Hill South Project Located Within the Archaean Gullewa Greenstone Belt in Western Australia

Recharge Metals Limited Provides an Update on Diamond Drilling Activities At the Brandy Hill South Project Located Within the Archaean Gullewa Greenstone Belt in Western Australia

Recharge Metals Limited, Annual General Meeting, Nov 28, 2022

Recharge Metals Limited Announces Results from Drill Holes BHRCD018 and BHRCD019 At the Brandy Hill South Project

Recharge Metals Limited Commences Drilling at the Brandy Hill South Project

Recharge Metals Limited Announces Initial Results from Diamond Drill Program at the Brandy Hill South Project Archaean Gullewa Greenstone Belt in Western Australia

Recharge Metals Limited Announces the Results from Recently Completed Ground-Based Geophysical Survey Program At Its Brandy Hill South Project

Recharge Metals Limited, Annual General Meeting, Aug 05, 2022

Recharge Metals Limited Reports Further Significant Copper Intersections from the RC Drilling Program

Recharge Metals Limited Provides an Update on the Diamond Drilling Activities At the Brandy Hill South Project Located Within the Archaean Gullewa Greenstone Belt in Western Australia

Recharge Metals Limited Announces Broad Sulphide Zones in Diamond Drilling At Brandy Hill South

Recharge Metals Limited Announces That Drilling Operations At the Brandy Hill South Project Has Resumed

No independent directors

Recharge Metals Limited Announces Copper Mineralisation Confirmed from RC Drilling

Recharge Metals Limited Announces Temporary Suspension of Diamond Drilling at Brandy Hill South

Recharge Metals Limited Announces Significant Copper Mineralisation at Brandy Hill South

Recharge Metals Limited Announces Diamond Drilling Has Commenced at the Brandy Hill South Project

Recharge Metals Limited Announces That Encouraging Results Have Been Received from the First Four Drillholes Completed At the Brandy Hill South Project