Rand Mining Limited explores for, develops, and produces mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.57|
|52 Week High||AU$1.37|
|52 Week Low||AU$2.40|
|1 Month Change||7.19%|
|3 Month Change||4.33%|
|1 Year Change||-34.24%|
|3 Year Change||-36.38%|
|5 Year Change||-30.44%|
|Change since IPO||1,017.86%|
Recent News & Updates
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...
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...
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...
|RND||AU Metals and Mining||AU Market|
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.
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
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
|RND fundamental statistics|
Is RND overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RND income statement (TTM)|
|Cost of Revenue||AU$12.48m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.27|
|Net Profit Margin||35.15%|
How did RND perform over the long term?See historical performance and comparison
6.4%Current Dividend Yield
Is Rand Mining undervalued compared to its fair value and its price relative to the market?
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).
How is Rand Mining 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 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.
How has Rand Mining performed over the past 5 years?
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.
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$4.9M).
Debt to Equity History and Analysis
Debt Level: RND is debt free.
Reducing Debt: RND had no debt 5 years ago.
Debt Coverage: RND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RND has no debt, therefore coverage of interest payments is not a concern.
What is Rand Mining current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RND's dividend (6.39%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: RND's dividend (6.39%) is in the top 25% of dividend payers in the Australian market (5.32%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RND has been paying a dividend for less than 10 years.
Growing Dividend: RND has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.2%), RND's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anton Billis (77 yo)
Mr. Anthony B. Billis, also known as Anton, serves as the Chief Executive Officer and Managing Director of RAND Mining Ltd. Mr. Billis has been an Executive Director of Tribune Resources Limited since Janu...
CEO Compensation Analysis
Compensation vs Market: Anton's total compensation ($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.
Experienced Management: RND's management team is seasoned and experienced (18.8 years average tenure).
Experienced Board: RND's board of directors are seasoned and experienced ( 18.8 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 not been meaningfully diluted in the past year.
Rand Mining Limited's employee growth, exchange listings and data sources
- 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
- Rand Mining Limited
- 49 Melville Parade
- Suite G1
- South Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|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.