Riversgold Limited, a gold exploration company, engages in the exploration and development of mineral resource properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.025|
|52 Week High||AU$0.023|
|52 Week Low||AU$0.072|
|1 Month Change||-10.71%|
|3 Month Change||-30.56%|
|1 Year Change||-56.14%|
|3 Year Change||-67.95%|
|5 Year Change||n/a|
|Change since IPO||-88.64%|
Recent News & Updates
How Many Riversgold Limited (ASX:RGL) Shares Did Insiders Buy, In The Last Year?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
|RGL||AU Metals and Mining||AU Market|
Return vs Industry: RGL underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: RGL underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: RGL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: RGL's weekly volatility (9%) has been stable over the past year.
About the Company
Riversgold Limited, a gold exploration company, engages in the exploration and development of mineral resource properties in Australia. It holds interests in the Kurnalpi project that comprises 10 exploration licenses and 1 application located in the Eastern Goldfields of Western Australia; and the Churchill Dam iron-oxide copper-gold project located in the Gawler Craton, South Australia. The company was formerly known as Alcam Gold Pty Ltd and changed its name to Riversgold Limited in June 2017.
Riversgold Fundamentals Summary
|RGL fundamental statistics|
Is RGL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RGL income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.004|
|Net Profit Margin||0.00%|
How did RGL perform over the long term?See historical performance and comparison
Is Riversgold 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 RGL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RGL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RGL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: RGL 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 RGL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RGL is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.6x).
How is Riversgold 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 Riversgold 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 Riversgold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RGL is currently unprofitable.
Growing Profit Margin: RGL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RGL is unprofitable, but has reduced losses over the past 5 years at a rate of 19.2% per year.
Accelerating Growth: Unable to compare RGL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RGL 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: RGL has a negative Return on Equity (-27.58%), as it is currently unprofitable.
How is Riversgold's financial position?
Financial Position Analysis
Short Term Liabilities: RGL's short term assets (A$2.5M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: RGL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RGL is debt free.
Reducing Debt: RGL 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: RGL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RGL has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.4% each year.
What is Riversgold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RGL'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 RGL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RGL'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 RGL'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
Julian Ford (58 yo)
Mr. Julian Peter Ford, BSc (Chem Eng), BComm, Grad Dip.Bus.Man, has been the Chief Executive Officer of Riversgold Limited since July 2021. He served as an Acting Chief Executive Officer of Black Mountain...
Experienced Board: RGL's board of directors are not considered experienced ( 1.3 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Riversgold Limited's employee growth, exchange listings and data sources
- Name: Riversgold Limited
- Ticker: RGL
- Exchange: ASX
- Founded: 2017
- Industry: Gold
- Sector: Materials
- Market Cap: AU$10.101m
- Shares outstanding: 404.04m
- Website: https://www.riversgold.com.au
- Riversgold Limited
- 513 Hay Street
- Suite 23
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:30|
|End of Day Share Price||2021/10/26 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.