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RML

Resolution MineralsASX:RML Stock Report

Market Cap

AU$11.2m

7D

-4.5%

1Y

-50.0%

Updated

25 Oct, 2021

Data

Company Financials
RML fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

RML Overview

Resolution Minerals Limited, a mining company, acquires, explores for, and develops precious and battery metal projects.

Price History & Performance

Summary of all time highs, changes and price drops for Resolution Minerals
Historical stock prices
Current Share PriceAU$0.021
52 Week HighAU$0.018
52 Week LowAU$0.045
Beta1.36
1 Month Change5.00%
3 Month Change-19.23%
1 Year Change-50.00%
3 Year Change-79.00%
5 Year Changen/a
Change since IPO-90.23%

Recent News & Updates

Shareholder Returns

RMLAU Metals and MiningAU Market
7D-4.5%-1.7%0.6%
1Y-50.0%10.8%21.3%

Return vs Industry: RML underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: RML underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is RML's price volatile compared to industry and market?
RML volatility
RML Beta1.36
Industry Beta0.97
Market Beta1

Stable Share Price: RML is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: RML's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2017n/aDuncan Chessellhttps://www.resolutionminerals.com

Resolution Minerals Limited, a mining company, acquires, explores for, and develops precious and battery metal projects. The company explores for gold, copper, cobalt, vanadium, iron, magnetite, and uranium deposits. Its flagship project is the 64North project located within the Tintina gold province, Alaska.

Resolution Minerals Fundamentals Summary

How do Resolution Minerals's earnings and revenue compare to its market cap?
RML fundamental statistics
Market CapAU$11.17m
Earnings (TTM)-AU$983.48k
Revenue (TTM)AU$51.62k

233.3x

P/S Ratio

-11.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RML income statement (TTM)
RevenueAU$51.62k
Cost of RevenueAU$0
Gross ProfitAU$51.62k
ExpensesAU$1.04m
Earnings-AU$983.48k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0018
Gross Margin100.00%
Net Profit Margin-1,905.24%
Debt/Equity Ratio0.0%

How did RML perform over the long term?

See historical performance and comparison

Valuation

Is Resolution Minerals undervalued compared to its fair value and its price relative to the market?

0.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RML's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RML's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RML is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: RML 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 RML's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RML is good value based on its PB Ratio (0.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Resolution Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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 Resolution Minerals 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.


Past Performance

How has Resolution Minerals performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RML is currently unprofitable.

Growing Profit Margin: RML is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RML is unprofitable, but has reduced losses over the past 5 years at a rate of 5.3% per year.

Accelerating Growth: Unable to compare RML's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RML 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: RML has a negative Return on Equity (-4.9%), as it is currently unprofitable.


Financial Health

How is Resolution Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: RML's short term assets (A$1.8M) exceed its short term liabilities (A$1.1M).

Long Term Liabilities: RML has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RML is debt free.

Reducing Debt: RML has not had any debt for past 5 years.


Balance Sheet


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: RML has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RML has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 33% each year.


Dividend

What is Resolution Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RML'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 RML's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RML'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 RML's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Duncan Chessell

2yrs

Tenure

AU$239,261

Compensation

Mr. Duncan C. Chessell, BSc, GAICD, MAusIMM, MAIG, has been Managing Director of Resolution Minerals Ltd., (formerly, Northern Cobalt Limited) since October 14, 2019. Mr. Chessell is responsible for the ma...


CEO Compensation Analysis

Compensation vs Market: Duncan's total compensation ($USD179.36K) is below average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Duncan's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: RML's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: RML's board of directors are considered experienced (4.6 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 90.4%.


Top Shareholders

Company Information

Resolution Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Resolution Minerals Limited
  • Ticker: RML
  • Exchange: ASX
  • Founded: 2017
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$11.174m
  • Shares outstanding: 532.10m
  • Website: https://www.resolutionminerals.com

Location

  • Resolution Minerals Limited
  • 29-31 King William Street
  • Level 4
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:58
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.