Red Hill Iron Limited engages in the exploration of iron ore, gold, and base metals in Western Australia.
Red Hill Iron Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$5.24|
|52 Week High||AU$0.23|
|52 Week Low||AU$5.38|
|1 Month Change||37.53%|
|3 Month Change||376.36%|
|1 Year Change||n/a|
|3 Year Change||1,996.00%|
|5 Year Change||1,178.05%|
|Change since IPO||991.67%|
Recent News & Updates
We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
|RHI||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how RHI performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how RHI performed against the Australian Market.
Stable Share Price: RHI is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 77% a week.
Volatility Over Time: RHI's weekly volatility has increased from 52% to 77% over the past year.
About the Company
Red Hill Iron Limited engages in the exploration of iron ore, gold, and base metals in Western Australia. The company’s primary assets are the 40% owned Red Hill Iron Ore Joint Venture (RHIOJV) interest; wholly owned Pannawonica channel iron project; and its 100% non-ferrous metal exploration interests over the RHIOJV tenements. It also has quarrying opportunities in the Pannawonica region.
Red Hill Iron Fundamentals Summary
|RHI fundamental statistics|
Is RHI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RHI income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.026|
|Net Profit Margin||-116,613.46%|
How did RHI perform over the long term?See historical performance and comparison
Is Red Hill Iron 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 RHI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RHI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RHI is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: RHI 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 RHI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RHI is overvalued based on its PB Ratio (34.2x) compared to the AU Metals and Mining industry average (2.6x).
How is Red Hill Iron 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 Red Hill Iron 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 Red Hill Iron performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RHI is currently unprofitable.
Growing Profit Margin: RHI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RHI is unprofitable, and losses have increased over the past 5 years at a rate of 9.1% per year.
Accelerating Growth: Unable to compare RHI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RHI 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: RHI has a negative Return on Equity (-16.92%), as it is currently unprofitable.
How is Red Hill Iron's financial position?
Financial Position Analysis
Short Term Liabilities: RHI's short term assets (A$104.2K) do not cover its short term liabilities (A$333.6K).
Long Term Liabilities: RHI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RHI is debt free.
Reducing Debt: RHI has no debt compared to 5 years ago when its debt to equity ratio was 2%.
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: RHI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RHI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.9% each year
What is Red Hill Iron current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RHI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RHI'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 RHI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RHI'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 RHI'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
Red Hill Iron has no CEO, or we have no data on them.
Experienced Board: RHI's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RHI 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 6.6%.
Red Hill Iron Limited's employee growth, exchange listings and data sources
- Name: Red Hill Iron Limited
- Ticker: RHI
- Exchange: ASX
- Founded: 2005
- Industry: Steel
- Sector: Materials
- Market Cap: AU$334.460m
- Shares outstanding: 63.83m
- Website: https://www.redhilliron.com.au
- Red Hill Iron Limited
- 9 Havelock Street
- Level 2
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:50|
|End of Day Share Price||2021/10/25 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.