Resolute Mining Limited engages in mining, exploration, development, and production of gold properties in Africa and Australia.
No risks detected for RSG from our risk checks.
Resolute Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.44|
|52 Week High||AU$0.39|
|52 Week Low||AU$0.94|
|1 Month Change||4.76%|
|3 Month Change||-27.27%|
|1 Year Change||-52.94%|
|3 Year Change||-57.07%|
|5 Year Change||-75.28%|
|Change since IPO||-91.20%|
Recent News & Updates
|RSG||AU Metals and Mining||AU Market|
Return vs Industry: RSG underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: RSG underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: RSG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RSG's weekly volatility (6%) has been stable over the past year.
About the Company
Resolute Mining Limited engages in mining, exploration, development, and production of gold properties in Africa and Australia. The company’s flagship project is the Syama Gold Mine located in Mali, West Africa. It also owns Mako Gold Mine in Senegal, West Africa.
Resolute Mining Fundamentals Summary
|RSG fundamental statistics|
Is RSG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RSG income statement (TTM)|
|Cost of Revenue||US$390.91m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.18|
|Net Profit Margin||-35.20%|
How did RSG perform over the long term?See historical performance and comparison
Is Resolute 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: RSG (A$0.44) is trading below our estimate of fair value (A$7.2)
Significantly Below Fair Value: RSG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RSG is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: RSG 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 RSG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RSG is good value based on its PB Ratio (0.6x) compared to the AU Metals and Mining industry average (2.6x).
How is Resolute Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: RSG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RSG's is expected to become profitable in the next 3 years.
Revenue vs Market: RSG's revenue (4.2% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: RSG's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RSG's Return on Equity is forecast to be low in 3 years time (4.7%).
How has Resolute Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RSG is currently unprofitable.
Growing Profit Margin: RSG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RSG is unprofitable, and losses have increased over the past 5 years at a rate of 66% per year.
Accelerating Growth: Unable to compare RSG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RSG 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: RSG has a negative Return on Equity (-43.47%), as it is currently unprofitable.
How is Resolute Mining's financial position?
Financial Position Analysis
Short Term Liabilities: RSG's short term assets ($450.6M) exceed its short term liabilities ($282.2M).
Long Term Liabilities: RSG's short term assets ($450.6M) exceed its long term liabilities ($317.8M).
Debt to Equity History and Analysis
Debt Level: RSG's debt to equity ratio (53.7%) is considered high.
Reducing Debt: RSG's debt to equity ratio has increased from 7.4% to 53.7% over the past 5 years.
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: Whilst unprofitable RSG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RSG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 27% per year.
What is Resolute Mining current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RSG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RSG'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 RSG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RSG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RSG is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RSG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Stuart Gale, BEcon, FCA, has been Chief Executive Officer at Resolute Mining Limited since May 14, 2021 and was Managing Director until 2021. He had been Interim Chief Executive Officer of Resolute Min...
CEO Compensation Analysis
Compensation vs Market: Stuart's total compensation ($USD690.63K) is about average for companies of similar size in the Australian market ($USD735.69K).
Compensation vs Earnings: Insufficient data to compare Stuart's compensation with company performance.
Experienced Management: RSG's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: RSG's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RSG 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.
Resolute Mining Limited's employee growth, exchange listings and data sources
- Name: Resolute Mining Limited
- Ticker: RSG
- Exchange: ASX
- Founded: 2001
- Industry: Gold
- Sector: Materials
- Market Cap: AU$491.232m
- Shares outstanding: 1.10b
- Website: https://www.rml.com.au
Number of Employees
- Resolute Mining Limited
- Australia Place
- Level 2
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:05|
|End of Day Share Price||2021/10/20 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.