Resolution Minerals Limited, a mining company, acquires, explores for, and develops precious and battery metal projects.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.021|
|52 Week High||AU$0.018|
|52 Week Low||AU$0.045|
|1 Month Change||5.00%|
|3 Month Change||-19.23%|
|1 Year Change||-50.00%|
|3 Year Change||-79.00%|
|5 Year Change||n/a|
|Change since IPO||-90.23%|
Recent News & Updates
|RML||AU Metals and Mining||AU Market|
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.
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
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
|RML fundamental statistics|
Is RML overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RML income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0018|
|Net Profit Margin||-1,905.24%|
How did RML perform over the long term?See historical performance and comparison
Is Resolution Minerals 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 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).
How is Resolution Minerals 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 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.
How has Resolution Minerals performed over the past 5 years?
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.
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$1.1M).
Long Term Liabilities: RML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RML is debt free.
Reducing Debt: RML has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RML has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 33% each year.
What is Resolution Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RML's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RML's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RML's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RML's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Duncan C. Chessell, BSc, GAICD, MAusIMM, MAIG, has been Managing Director of Resolution Minerals Ltd., (formerly, Northern Cobalt Limited) since October 14, 2019. Mr. Chessell is responsible for the ma...
CEO Compensation Analysis
Compensation vs Market: Duncan's total compensation ($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.
Experienced Management: RML's management team is considered experienced (2 years average tenure).
Experienced Board: RML's board of directors are considered experienced (4.6 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 substantially diluted in the past year, with total shares outstanding growing by 90.4%.
Resolution Minerals Limited's employee growth, exchange listings and data sources
- 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
- Resolution Minerals Limited
- 29-31 King William Street
- Level 4
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:58|
|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.