Resources & Energy Group Limited explores for, develops, and produces gold and silver deposits in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.048|
|52 Week High||AU$0.027|
|52 Week Low||AU$0.12|
|1 Month Change||6.67%|
|3 Month Change||54.84%|
|1 Year Change||50.00%|
|3 Year Change||n/a|
|5 Year Change||-64.44%|
|Change since IPO||-95.43%|
Recent News & Updates
|REZ||AU Metals and Mining||AU Market|
Return vs Industry: REZ exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: REZ exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: REZ is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: REZ's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Resources & Energy Group Limited explores for, develops, and produces gold and silver deposits in Australia. Its flagship project is the East Menzies property that consists of 50 tenements covering an area of 103 square kilometers located in the north of Kalgoorlie, Western Australia. The company was incorporated in 2004 and is based in Sydney, Australia.
Resources & Energy Group Fundamentals Summary
|REZ fundamental statistics|
Is REZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|REZ income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0034|
|Net Profit Margin||0.00%|
How did REZ perform over the long term?See historical performance and comparison
Is Resources & Energy Group 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 REZ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate REZ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: REZ is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: REZ 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 REZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: REZ is overvalued based on its PB Ratio (3x) compared to the AU Metals and Mining industry average (2.6x).
How is Resources & Energy Group 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 Resources & Energy Group 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 Resources & Energy Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REZ is currently unprofitable.
Growing Profit Margin: REZ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: REZ is unprofitable, and losses have increased over the past 5 years at a rate of 1.1% per year.
Accelerating Growth: Unable to compare REZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: REZ 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: REZ has a negative Return on Equity (-16%), as it is currently unprofitable.
How is Resources & Energy Group's financial position?
Financial Position Analysis
Short Term Liabilities: REZ's short term assets (A$1.1M) exceed its short term liabilities (A$347.7K).
Long Term Liabilities: REZ's short term assets (A$1.1M) exceed its long term liabilities (A$515.9K).
Debt to Equity History and Analysis
Debt Level: REZ is debt free.
Reducing Debt: REZ has no debt compared to 5 years ago when its debt to equity ratio was 28.8%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: REZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.1% each year
What is Resources & Energy Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate REZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate REZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if REZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if REZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of REZ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Richard Poole (58 yo)
Mr. Richard J. Poole, LLB, B.Comm, ASIA, B. Juris, is Chief Executive Officer and Managing Director of Resources & Energy Group Limited and served as its Operations Director. Mr. Poole is Founder of Arthur...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD24.49K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Experienced Board: REZ's board of directors are considered experienced (5.8 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 diluted in the past year, with total shares outstanding growing by 6.9%.
Resources & Energy Group Limited's employee growth, exchange listings and data sources
- Name: Resources & Energy Group Limited
- Ticker: REZ
- Exchange: ASX
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Market Cap: AU$20.721m
- Shares outstanding: 431.68m
- Website: https://www.rezgroup.com.au
Number of Employees
- Resources & Energy Group Limited
- 52 Martin Place
- Level 33
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/15 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.