Regis Resources Limited

ASX:RRL Stock Report

Market Cap: AU$5.1b

Regis Resources Management

Management criteria checks 4/4

Regis Resources' CEO is Jim Beyer, appointed in Oct 2018, has a tenure of 7.75 years. total yearly compensation is A$2.57M, comprised of 34.5% salary and 65.5% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth A$5.52M. The average tenure of the management team and the board of directors is 3.2 years and 7.2 years respectively.

Key information

Jim Beyer

Chief executive officer

AU$2.6m

Total compensation

CEO salary percentage34.52%
CEO tenure7.8yrs
CEO ownership0.1%
Management average tenure3.2yrs
Board average tenure7.2yrs

Recent management updates

Analysis Article Nov 14

We Think Shareholders Will Probably Be Generous With Regis Resources Limited's (ASX:RRL) CEO Compensation

Key Insights Regis Resources to hold its Annual General Meeting on 21st of November Salary of AU$886.4k is part of CEO...

Recent updates

Narrative Update Jun 30

RRL: Merger And Project Updates Will Shape Balanced Future Return Profile

Analysts have revised their fair value estimate for Regis Resources from A$7.00 to A$6.00, citing updated assumptions for revenue growth, margins, and a higher future P/E multiple reflected in recent research such as the Canaccord upgrade. What's in the News for Regis Resources Regis Resources has agreed to an all scrip merger with Vault Minerals, with the goal of creating a larger, more diversified mid tier gold producer in Western Australia, according to recent coverage of the proposed deal.
Narrative Update Jun 13

RRL: Index Inclusion And Canaccord Upgrade Will Support Bullish Pricing Outlook

Analysts have adjusted their price target on Regis Resources to A$7.00, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E. Together, these factors support a slightly refined view of the stock's risk and earnings profile.
Narrative Update May 30

RRL: Index Inclusion And Execution Discipline Will Shape Bullish Pricing Outlook

Analysts have lifted their A$ price target for Regis Resources, citing small changes in discount rate, revenue growth, profit margin assumptions and future P/E estimates, as reflected in recent research updates. Analyst Commentary Recent research suggests that, even with upward adjustments to price targets, some bearish analysts are stressing that the risk and reward profile for Regis Resources still needs careful scrutiny.
Narrative Update May 13

RRL: Index Inclusion And Higher Margins Will Support Future Upside Potential

Analysts have nudged their price target for Regis Resources slightly higher from A$11.00 to A$11.10, pointing to updated assumptions around discount rates, revenue growth, profit margins and future P/E as key drivers behind the change. Analyst Commentary Recent commentary points to bullish analysts becoming more constructive on Regis Resources following their latest review, with the small lift in the A$11.10 price target framed as part of a broader recheck of the investment case.
Narrative Update Apr 28

RRL: Index Inclusion And Margin Assumptions Will Shape Fair Pricing Outlook

Analysts have revised their price target on Regis Resources to A$7.00, highlighting updated assumptions for revenue growth, profit margins, and a lower future P/E multiple as the key drivers behind the change. Analyst Commentary Recent price target revisions to A$7.00 suggest that analysts are reassessing Regis Resources on valuation grounds, with updated assumptions around revenue, margins, and the applied P/E multiple.
Narrative Update Apr 14

RRL: Recent Upgrade And Index Inclusion Will Support Future Cash Flow

Analysts have lifted their fair value estimate for Regis Resources from A$8.52 to A$8.87, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E following recent research support, including the latest upgrade from the Street. Analyst Commentary Bullish Takeaways Bullish analysts link the higher fair value estimate to refreshed assumptions on revenue growth and profit margins, suggesting the current A$8.87 estimate better reflects the company’s earnings potential under their updated model.
Narrative Update Mar 31

RRL: Index Changes And Margin Outlook Will Likely Support Fair Pricing

Analysts have lifted their price target on Regis Resources from A$5.15 to A$7.00. This change reflects updated assumptions that include a different discount rate, revised revenue growth, higher profit margin expectations and a lower future P/E multiple.
Narrative Update Mar 17

RRL: Higher Margins And Production Outlook Will Support Attractive Future Upside

Analysts have lifted their fair value estimate for Regis Resources by A$1.00 to A$11.00, linking the change to updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. What's in the News Regis Resources reported gold production of 186,917 ounces for the first half ended 31 December 2025, compared with 195,801 ounces in the prior year period (Announcement of Operating Results).
Narrative Update Mar 03

RRL: Higher Fair Value And Stable Margins Will Support Balanced Future Upside

Analysts have raised their fair value estimate for Regis Resources from A$9.42 to A$10.00, reflecting updated discount rate and growth assumptions, slightly higher projected profit margins, and a modestly higher future P/E multiple. What's in the News Regis Resources reported gold production of 186,917 ounces for the first half ended December 31, 2025, compared with 195,801 ounces for the same period a year earlier (company announcement of operating results).
Narrative Update Feb 17

RRL: Updated Production And Assumptions Will Support Cash Flow On Fair Outlook

Analysts now place their price target for Regis Resources at A$8.52 per share, up from A$8.22, reflecting updated views on fair value, discount rate assumptions, profit margins and potential future P/E levels. What's in the News Regis Resources released operating results for the quarter ended 31 December 2025, giving investors updated production data for the period (Key Developments).
Narrative Update Feb 03

RRL: Higher Gold Prices Will Support Cash Flow As Assumptions Turn More Cautious

Analysts have raised their price target for Regis Resources from A$6.61 to A$8.22, citing updated assumptions for revenue, profit margin and a slightly lower future P/E multiple as key factors behind the change. What's in the News Regis Resources released operating results for the quarter ended 31 December 2025, giving you fresh data to assess recent performance (company announcement).
Narrative Update Jan 20

RRL: Higher Margin Outlook And Production Update Will Not Justify Current Pricing

Analysts have lifted their price target for Regis Resources from A$3.19 to A$5.15, citing updated assumptions around revenue growth of 5.66%, a profit margin of 22.65%, a discount rate of 7.74% and a future P/E of 11.05x as key drivers of the new view. What's in the News Regis Resources reported production results for the quarter ended 31 December 2025, with total group production of 96.6 oz (Key Developments).
Narrative Update Jan 05

RRL: Stronger Gold Prices And Unhedged Cash Flow Will Support Future Upside

Analysts have nudged their price target on Regis Resources higher to A$6.50, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E. This follows recent research that highlighted the impact of stronger gold prices and the company's unhedged free cash flow generation relative to its cost base.
Narrative Update Dec 21

RRL: Rising Gold Prices Will Support Stronger Future Free Cash Flow

Analysts have lifted their fair value estimate for Regis Resources from A$6.00 to about A$9.42 per share, as higher gold prices, stronger expected revenue growth and margins, and improving unhedged free cash flow support higher price targets across the sector. Analyst Commentary Recent Street research reflects a clear shift in sentiment toward Regis Resources, with price targets moving higher in response to stronger gold prices and improved free cash flow dynamics.
Narrative Update Dec 07

RRL: Higher Gold Prices Will Support Unhedged Cash Flow Amid Cost Pressures

Analysts have nudged their price target on Regis Resources modestly higher, from about A$6.57 to A$6.61. They cite the supportive backdrop of higher gold prices and the company's unhedged free cash flow generation offsetting cost pressures.
Narrative Update Nov 23

RRL: Higher Gold Prices Are Expected To Support Free Cash Flow And Offset Costs

Regis Resources’ analyst price target has been raised from A$6.29 to A$6.57. Analysts cite higher gold prices and robust free cash flow as key drivers behind the upgrade.
Analysis Article Nov 14

We Think Shareholders Will Probably Be Generous With Regis Resources Limited's (ASX:RRL) CEO Compensation

Key Insights Regis Resources to hold its Annual General Meeting on 21st of November Salary of AU$886.4k is part of CEO...
Narrative Update Nov 07

RRL: Upward Gold Prices And Strong Cash Flow Will Offset Higher Costs

Analysts have increased their price target for Regis Resources, with estimates rising from A$5.00 to as high as A$6.50. They cite stronger gold prices and robust unhedged free cash flow generation, which more than compensate for higher operational costs.
Narrative Update Oct 24

Upward Momentum In Gold Prices And Cash Flow Will Drive Medium Term Strength

The analyst price target for Regis Resources has increased from A$5.57 to A$6.29. Analysts point to stronger gold prices, improved revenue growth forecasts, and rising profit margins as factors supporting the upward revision.
Narrative Update Oct 10

Rising Gold Demand And McPhillamys Project Will Energize Future Outlook

Analysts have raised their price target for Regis Resources from A$5.13 to A$5.57. This change reflects increased optimism driven by higher gold prices and stronger projected financial performance.
Narrative Update Sep 26

Rising Gold Demand And McPhillamys Project Will Energize Future Outlook

The notable increase in Regis Resources’ consensus price target to A$5.12 reflects improved analyst expectations driven by upgraded forecasts for revenue growth and net profit margin. What's in the News Gold production for the full year ended June 30, 2025, was 372,844 oz, down from 417,713 oz the previous year.
Analysis Article Sep 22

Regis Resources Limited (ASX:RRL) Shares Fly 35% But Investors Aren't Buying For Growth

Regis Resources Limited ( ASX:RRL ) shareholders would be excited to see that the share price has had a great month...
Narrative Update Sep 11

Rising Gold Demand And McPhillamys Project Will Energize Future Outlook

Upward revisions to Regis Resources' revenue growth and net profit margin forecasts have driven a modest increase in the consensus analyst price target, now set at A$4.60. What's in the News Regis Resources reported gold production of 372,844 oz for the year ended June 30, 2025, down from 417,713 oz the previous year.
Analysis Article May 17

Regis Resources (ASX:RRL) Has A Rock Solid Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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New Narrative Apr 27

Debt Repayment And Tropicana Reserves Will Secure Positive Momentum

Reduced interest expenses and increased liquidity from new credit facilities bolster Regis Resources' growth potential and financial flexibility.
Analysis Article Apr 04

Regis Resources Limited's (ASX:RRL) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Regis Resources Limited ( ASX:RRL ) shares have continued their recent momentum with a 27% gain in the last month...
Analysis Article Feb 21

Regis Resources (ASX:RRL) Will Be Hoping To Turn Its Returns On Capital Around

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jan 23

Investors Aren't Buying Regis Resources Limited's (ASX:RRL) Revenues

You may think that with a price-to-sales (or "P/S") ratio of 1.8x Regis Resources Limited ( ASX:RRL ) is definitely a...
Analysis Article Dec 18

Regis Resources (ASX:RRL) Is Carrying A Fair Bit Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 14

This Is Why Regis Resources Limited's (ASX:RRL) CEO Compensation Looks Appropriate

Key Insights Regis Resources to hold its Annual General Meeting on 21st of November Salary of AU$896.4k is part of CEO...
Analysis Article Oct 15

There's No Escaping Regis Resources Limited's (ASX:RRL) Muted Revenues Despite A 25% Share Price Rise

Regis Resources Limited ( ASX:RRL ) shareholders have had their patience rewarded with a 25% share price jump in the...
Analysis Article Sep 18

Regis Resources (ASX:RRL) Is Making Moderate Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 08

Improved Revenues Required Before Regis Resources Limited (ASX:RRL) Shares Find Their Feet

Regis Resources Limited's ( ASX:RRL ) price-to-sales (or "P/S") ratio of 1x might make it look like a strong buy right...
Analysis Article Jun 15

We Think Regis Resources (ASX:RRL) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 02

Regis Resources Limited's (ASX:RRL) Business And Shares Still Trailing The Industry

You may think that with a price-to-sales (or "P/S") ratio of 1.4x Regis Resources Limited ( ASX:RRL ) is definitely a...
Analysis Article Apr 10

Investors Could Be Concerned With Regis Resources' (ASX:RRL) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Feb 24

Does Regis Resources (ASX:RRL) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 19

Regis Resources Limited's (ASX:RRL) Prospects Need A Boost To Lift Shares

You may think that with a price-to-sales (or "P/S") ratio of 1.4x Regis Resources Limited ( ASX:RRL ) is definitely a...

CEO Compensation Analysis

How has Jim Beyer's remuneration changed compared to Regis Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

AU$489m

Sep 30 2025n/an/a

AU$372m

Jun 30 2025AU$3mAU$886k

AU$254m

Mar 31 2025n/an/a

AU$124m

Dec 31 2024n/an/a

-AU$6m

Sep 30 2024n/an/a

-AU$96m

Jun 30 2024AU$2mAU$896k

-AU$186m

Mar 31 2024n/an/a

-AU$136m

Dec 31 2023n/an/a

-AU$86m

Sep 30 2023n/an/a

-AU$55m

Jun 30 2023AU$2mAU$829k

-AU$24m

Mar 31 2023n/an/a

-AU$34m

Dec 31 2022n/an/a

-AU$43m

Sep 30 2022n/an/a

-AU$15m

Jun 30 2022AU$2mAU$780k

AU$14m

Mar 31 2022n/an/a

AU$51m

Dec 31 2021n/an/a

AU$88m

Sep 30 2021n/an/a

AU$117m

Jun 30 2021AU$1mAU$671k

AU$146m

Mar 31 2021n/an/a

AU$169m

Dec 31 2020n/an/a

AU$191m

Sep 30 2020n/an/a

AU$195m

Jun 30 2020AU$1mAU$707k

AU$200m

Compensation vs Market: Jim's total compensation ($USD1.78M) is about average for companies of similar size in the Australian market ($USD2.22M).

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


CEO

Jim Beyer

7.8yrs
Tenure
AU$2,567,464
Compensation

Mr. Jim Beyer, B.Eng (Mining), Mausimm, MGeoSc, AMEC has been Chief Executive Officer and Managing Director at Regis Resources Limited since October 15, 2018 and serves as its Director. He was the Chief Ex...


Leadership Team

NamePositionTenureCompensationOwnership
Jim Beyer
CEO, MD & Director7.8yrsAU$2.57m0.11%
A$ 5.5m
Anthony Rechichi
Chief Financial Officer3.8yrsAU$1.11m0.0017%
A$ 86.8k
Michael Harvy Holmes
Chief Operating Officer2.7yrsAU$1.27mno data
Jeffrey Sansom
Head of Investor Relations & External Affairs2.3yrsno datano data
Elena Macrides
General Counsel & Company Secretary5.5yrsno datano data
Yvette Gledhill-Powell
Executive General Manager of People & Capability1.4yrsno datano data
3.2yrs
Average Tenure

Experienced Management: RRL's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jim Beyer
CEO, MD & Directorno dataAU$2.57m0.11%
A$ 5.5m
Lynda Burnett
Independent Non Executive Director6.7yrsAU$155.00k0.0040%
A$ 200.9k
Paul Arndt
Independent Non-Executive Director3.7yrsAU$155.00k0.0060%
A$ 304.9k
Stephen Scudamore
Independent Non-Executive Director7.2yrsAU$170.00k0.0072%
A$ 364.8k
James Mactier
Independent Non-Executive Chairman10.4yrsAU$220.00k0.027%
A$ 1.3m
Fiona Morgan
Independent Non-Executive Director9.7yrsAU$152.50k0.070%
A$ 3.5m
7.2yrs
Average Tenure

Experienced Board: RRL's board of directors are considered experienced (7.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 18:43
End of Day Share Price 2026/07/06 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Regis Resources Limited is covered by 28 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Daniel MorganBarrenjoey Markets Pty Limited
Mollie UrquhartBarrenjoey Markets Pty Limited