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Reach Resources ASX:RR1 Stock Report

Last Price

AU$0.012

Market Cap

AU$11.1m

7D

33.3%

1Y

-52.0%

Updated

10 May, 2024

Data

Company Financials

RR1 Stock Overview

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia.

RR1 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Reach Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Reach Resources
Historical stock prices
Current Share PriceAU$0.012
52 Week HighAU$0.10
52 Week LowAU$0.005
Beta-1.53
1 Month Change-20.00%
3 Month Change-19.97%
1 Year Change-52.00%
3 Year Changen/a
5 Year Change-39.99%
Change since IPO-98.74%

Recent News & Updates

Here's Why We're Watching Reach Resources' (ASX:RR1) Cash Burn Situation

Sep 23
Here's Why We're Watching Reach Resources' (ASX:RR1) Cash Burn Situation

Recent updates

Here's Why We're Watching Reach Resources' (ASX:RR1) Cash Burn Situation

Sep 23
Here's Why We're Watching Reach Resources' (ASX:RR1) Cash Burn Situation

Shareholder Returns

RR1AU Metals and MiningAU Market
7D33.3%1.7%1.8%
1Y-52.0%-1.8%7.0%

Return vs Industry: RR1 underperformed the Australian Metals and Mining industry which returned -1.8% over the past year.

Return vs Market: RR1 underperformed the Australian Market which returned 7% over the past year.

Price Volatility

Is RR1's price volatile compared to industry and market?
RR1 volatility
RR1 Average Weekly Movement49.1%
Metals and Mining Industry Average Movement12.5%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.5%

Stable Share Price: RR1's share price has been volatile over the past 3 months.

Volatility Over Time: RR1's weekly volatility has increased from 32% to 49% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aJeremy Bowerwww.reachresources.com.au

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, rare earth elements, lithium, niobium, manganese, and base metals. It has interests in the Primrose, Skyline, Morrissey Hill, Wabli Creek, and White Castles projects.

Reach Resources Limited Fundamentals Summary

How do Reach Resources's earnings and revenue compare to its market cap?
RR1 fundamental statistics
Market capAU$11.07m
Earnings (TTM)-AU$2.85m
Revenue (TTM)AU$6.59k

1,344x

P/S Ratio

-3.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RR1 income statement (TTM)
RevenueAU$6.59k
Cost of RevenueAU$0
Gross ProfitAU$6.59k
Other ExpensesAU$2.86m
Earnings-AU$2.85m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0039
Gross Margin100.00%
Net Profit Margin-43,239.50%
Debt/Equity Ratio0%

How did RR1 perform over the long term?

See historical performance and comparison
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