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Reach Resources ASX:RR1 Stock Report

Last Price

AU$0.008

Market Cap

AU$7.9m

7D

-27.3%

1Y

-68.0%

Updated

22 Nov, 2024

Data

Company Financials

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$0.008
52 Week HighAU$0.03
52 Week LowAU$0.005
Beta-1.45
11 Month Change-27.27%
3 Month Change-50.00%
1 Year Change-68.00%
33 Year Change-82.22%
5 Year Changen/a
Change since IPO-99.16%

Recent News & Updates

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
7D-27.3%0.9%0.9%
1Y-68.0%-11.3%17.7%

Return vs Industry: RR1 underperformed the Australian Metals and Mining industry which returned -11.3% over the past year.

Return vs Market: RR1 underperformed the Australian Market which returned 17.7% over the past year.

Price Volatility

Is RR1's price volatile compared to industry and market?
RR1 volatility
RR1 Average Weekly Movement17.9%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.5%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.3%

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

Volatility Over Time: RR1's weekly volatility has decreased from 31% to 18% over the past year, but is still higher than 75% of Australian stocks.

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 explores for gold, rare earth elements, lithium, niobium, manganese, and base metals. It holds interests 100% in the Skyline, Morrissey Hill, Wabli Creek, White Castles, Murchison, Wanna Station, Gascoyne Banks, and Camel Hill project tenements.

Reach Resources Limited Fundamentals Summary

How do Reach Resources's earnings and revenue compare to its market cap?
RR1 fundamental statistics
Market capAU$7.87m
Earnings (TTM)AU$1.94m
Revenue (TTM)AU$3.20m

3.6x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RR1 income statement (TTM)
RevenueAU$3.20m
Cost of RevenueAU$0
Gross ProfitAU$3.20m
Other ExpensesAU$1.26m
EarningsAU$1.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.0022
Gross Margin100.00%
Net Profit Margin60.50%
Debt/Equity Ratio0%

How did RR1 perform over the long term?

See historical performance and comparison