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RNX

Renegade ExplorationASX:RNX Stock Report

Market Cap

AU$7.0m

7D

12.5%

1Y

12.5%

Updated

22 Oct, 2021

Data

Company Financials
RNX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

RNX Overview

Renegade Exploration Limited discovers, acquires, explores for, and develops mineral deposits in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Renegade Exploration
Historical stock prices
Current Share PriceAU$0.009
52 Week HighAU$0.005
52 Week LowAU$0.014
Beta0.79
1 Month Change28.57%
3 Month Change28.57%
1 Year Change12.50%
3 Year Change125.00%
5 Year Change12.50%
Change since IPO-95.26%

Recent News & Updates

Shareholder Returns

RNXAU Metals and MiningAU Market
7D12.5%-0.3%0.7%
1Y12.5%12.5%21.4%

Return vs Industry: RNX matched the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: RNX underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is RNX's price volatile compared to industry and market?
RNX volatility
RNX Beta0.79
Industry Beta0.97
Market Beta1

Stable Share Price: RNX is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: RNX's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2005n/an/ahttps://renegadeexploration.com

Renegade Exploration Limited discovers, acquires, explores for, and develops mineral deposits in Australia. The company explores for copper and gold deposits. It holds a 23% interest in the Carpentaria Joint Venture project located in the Cloncurry region of Queensland.

Renegade Exploration Fundamentals Summary

How do Renegade Exploration's earnings and revenue compare to its market cap?
RNX fundamental statistics
Market CapAU$7.04m
Earnings (TTM)-AU$812.57k
Revenue (TTM)AU$1.00k

0x

P/S Ratio

-9.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RNX income statement (TTM)
RevenueAU$1.00k
Cost of RevenueAU$0
Gross ProfitAU$1.00k
ExpensesAU$813.57k
Earnings-AU$812.57k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00092
Gross Margin100.00%
Net Profit Margin-81,256.90%
Debt/Equity Ratio0.0%

How did RNX perform over the long term?

See historical performance and comparison

Valuation

Is Renegade Exploration undervalued compared to its fair value and its price relative to the market?

3.08x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: RNX is overvalued based on its PB Ratio (3.1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Renegade Exploration 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 Renegade Exploration performed over the past 5 years?

-15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RNX is currently unprofitable.

Growing Profit Margin: RNX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RNX is unprofitable, and losses have increased over the past 5 years at a rate of 15.6% per year.

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

Earnings vs Industry: RNX 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: RNX has a negative Return on Equity (-31.61%), as it is currently unprofitable.


Financial Health

How is Renegade Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: RNX's short term assets (A$3.1M) exceed its short term liabilities (A$876.5K).

Long Term Liabilities: RNX's short term assets (A$3.1M) exceed its long term liabilities (A$150.0K).


Debt to Equity History and Analysis

Debt Level: RNX is debt free.

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

Forecast Cash Runway: RNX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.3% each year


Dividend

What is Renegade Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if RNX'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 RNX'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?

4.3yrs

Average board tenure


CEO

Renegade Exploration has no CEO, or we have no data on them.


Board Members

Experienced Board: RNX's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RNX 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

Renegade Exploration Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Renegade Exploration Limited
  • Ticker: RNX
  • Exchange: ASX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$7.037m
  • Shares outstanding: 879.63m
  • Website: https://renegadeexploration.com

Location

  • Renegade Exploration Limited
  • 982 Wellington Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/22 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.