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RND

Rand MiningASX:RND Stock Report

Market Cap

AU$89.0m

7D

-0.3%

1Y

-34.2%

Updated

26 Oct, 2021

Data

Company Financials
RND fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

RND Overview

Rand Mining Limited explores for, develops, and produces mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Rand Mining
Historical stock prices
Current Share PriceAU$1.57
52 Week HighAU$1.37
52 Week LowAU$2.40
Beta-0.015
1 Month Change7.19%
3 Month Change4.33%
1 Year Change-34.24%
3 Year Change-36.38%
5 Year Change-30.44%
Change since IPO1,017.86%

Recent News & Updates

Jun 07
Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)

Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)

Does the June share price for Rand Mining Limited ( ASX:RND ) reflect what it's really worth? Today, we will estimate...

Mar 22
Rand Mining (ASX:RND) Will Be Hoping To Turn Its Returns On Capital Around

Rand Mining (ASX:RND) Will Be Hoping To Turn Its Returns On Capital Around

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Mar 01
Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)

Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)

Does the March share price for Rand Mining Limited ( ASX:RND ) reflect what it's really worth? Today, we will estimate...

Shareholder Returns

RNDAU Metals and MiningAU Market
7D-0.3%-0.4%0.8%
1Y-34.2%15.6%24.4%

Return vs Industry: RND underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: RND underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is RND's price volatile compared to industry and market?
RND volatility
RND Beta-0.015
Industry Beta0.97
Market Beta1

Stable Share Price: RND is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RND's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966n/aAnton Billishttps://www.randmining.com.au

Rand Mining Limited explores for, develops, and produces mineral properties in Australia. It primarily explores for gold and silver deposits. The company holds a 12.25% interest in the East Kundana Joint Venture located to the west north west of Kalgoorlie and north east of Coolgardie.

Rand Mining Fundamentals Summary

How do Rand Mining's earnings and revenue compare to its market cap?
RND fundamental statistics
Market CapAU$89.01m
Earnings (TTM)AU$15.20m
Revenue (TTM)AU$43.25m

5.9x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RND income statement (TTM)
RevenueAU$43.25m
Cost of RevenueAU$12.48m
Gross ProfitAU$30.77m
ExpensesAU$15.56m
EarningsAU$15.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.27
Gross Margin71.14%
Net Profit Margin35.15%
Debt/Equity Ratio0%

How did RND perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

39%

Payout Ratio

Valuation

Is Rand Mining undervalued compared to its fair value and its price relative to the market?

13.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RND (A$1.57) is trading below our estimate of fair value (A$1.82)

Significantly Below Fair Value: RND is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: RND is good value based on its PE Ratio (5.9x) compared to the Australian Metals and Mining industry average (14.6x).

PE vs Market: RND is good value based on its PE Ratio (5.9x) compared to the Australian market (20x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RND's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RND is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Rand Mining 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 Rand Mining 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 Rand Mining performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RND has high quality earnings.

Growing Profit Margin: RND became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RND's earnings have declined by 8.5% per year over the past 5 years.

Accelerating Growth: RND has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RND has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: RND's Return on Equity (16.9%) is considered low.


Financial Health

How is Rand Mining's financial position?


Financial Position Analysis

Short Term Liabilities: RND's short term assets (A$73.5M) exceed its short term liabilities (A$6.4M).

Long Term Liabilities: RND's short term assets (A$73.5M) exceed its long term liabilities (A$4.9M).


Debt to Equity History and Analysis

Debt Level: RND is debt free.

Reducing Debt: RND had no debt 5 years ago.

Debt Coverage: RND has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RND has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Rand Mining current dividend yield, its reliability and sustainability?

6.39%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RND's dividend (6.39%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: RND's dividend (6.39%) is in the top 25% of dividend payers in the Australian market (5.32%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, RND has been paying a dividend for less than 10 years.

Growing Dividend: RND has only been paying a dividend for 4 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.2%), RND's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

18.8yrs

Average management tenure


CEO

Anton Billis (77 yo)

18.75yrs

Tenure

AU$139,726

Compensation

Mr. Anthony B. Billis, also known as Anton, serves as the Chief Executive Officer and Managing Director of RAND Mining Ltd. Mr. Billis has been an Executive Director of Tribune Resources Limited since Janu...


CEO Compensation Analysis

Compensation vs Market: Anton's total compensation ($USD104.74K) is below average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Anton's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RND's management team is seasoned and experienced (18.8 years average tenure).


Board Members

Experienced Board: RND's board of directors are seasoned and experienced ( 18.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rand Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Rand Mining Limited
  • Ticker: RND
  • Exchange: ASX
  • Founded: 1966
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$89.011m
  • Shares outstanding: 56.88m
  • Website: https://www.randmining.com.au

Location

  • Rand Mining Limited
  • 49 Melville Parade
  • Suite G1
  • South Perth
  • Western Australia
  • 6151
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 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.