Resolute Mining Future Growth

Future criteria checks 5/6

Resolute Mining is forecast to grow earnings and revenue by 42.3% and 6.5% per annum respectively. EPS is expected to grow by 44.1% per annum. Return on equity is forecast to be 24.2% in 3 years.

Key information

42.3%

Earnings growth rate

44.1%

EPS growth rate

Metals and Mining earnings growth	10.6%
Revenue growth rate	6.5%
Future return on equity	24.2%
Analyst coverage	Low
Last updated	13 Dec 2024

Recent future growth updates

Recent updates

Resolute Mining Limited's (ASX:RSG) Shares Lagging The Industry But So Is The Business

Nov 08

Estimating The Intrinsic Value Of Resolute Mining Limited (ASX:RSG)

Aug 03

Resolute Mining (ASX:RSG) Has A Pretty Healthy Balance Sheet

Jun 14

Resolute Mining Limited (ASX:RSG) Held Back By Insufficient Growth Even After Shares Climb 28%

May 24

Resolute Mining Limited's (ASX:RSG) Shares Bounce 26% But Its Business Still Trails The Industry

Apr 05

Resolute Mining (ASX:RSG) Has A Rock Solid Balance Sheet

Mar 05

Resolute Mining Limited's (ASX:RSG) Shares Lagging The Industry But So Is The Business

Jan 04

Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly

Nov 14

Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly

May 09

Earnings Update: Resolute Mining Limited (ASX:RSG) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Feb 27

Earnings and Revenue Growth Forecasts

ASX:RSG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	782	230	256	311	4
12/31/2025	855	194	190	299	4
12/31/2024	799	112	192	275	5
6/30/2024	643	13	73	158	N/A
3/31/2024	637	39	54	132	N/A
12/31/2023	631	66	35	107	N/A
9/30/2023	647	65	35	105	N/A
6/30/2023	663	64	29	97	N/A
3/31/2023	657	15	26	94	N/A
12/31/2022	651	-34	23	91	N/A
9/30/2022	628	-97	7	73	N/A
6/30/2022	606	-160	-9	55	N/A
3/31/2022	577	-239	-10	53	N/A
12/31/2021	549	-319	-11	51	N/A
6/30/2021	574	-202	27	101	N/A
3/31/2021	589	-114	-7	76	N/A
12/31/2020	603	-26	-41	50	N/A
6/30/2020	553	-103	-83	5	N/A
3/31/2020	505	-84	-71	44	N/A
12/31/2019	456	-65	-60	83	N/A
6/30/2019	300	31	-143	90	N/A
3/31/2019	291	27	-158	76	N/A
12/31/2018	278	23	-170	61	N/A
6/30/2018	330	49	-156	21	N/A
3/31/2018	392	69	N/A	81	N/A
12/31/2017	449	89	N/A	143	N/A
9/30/2017	438	98	N/A	145	N/A
6/30/2017	416	105	N/A	143	N/A
12/31/2016	342	98	N/A	73	N/A
9/30/2016	394	101	N/A	113	N/A
6/30/2016	413	95	N/A	144	N/A
12/31/2015	363	-136	N/A	82	N/A
9/30/2015	337	-241	N/A	61	N/A
6/30/2015	353	-383	N/A	48	N/A
3/31/2015	343	-283	N/A	51	N/A
12/31/2014	361	-201	N/A	59	N/A
9/30/2014	380	-94	N/A	77	N/A
6/30/2014	402	30	N/A	99	N/A
3/31/2014	420	16	N/A	104	N/A
12/31/2013	428	2	N/A	107	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RSG's forecast earnings growth (42.3% per year) is above the savings rate (2.6%).

Earnings vs Market: RSG's earnings (42.3% per year) are forecast to grow faster than the Australian market (12.6% per year).

High Growth Earnings: RSG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RSG's revenue (6.5% per year) is forecast to grow faster than the Australian market (5.9% per year).

High Growth Revenue: RSG's revenue (6.5% 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 high in 3 years time (24.2%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 08:49
End of Day Share Price	2024/12/30 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Resolute Mining Limited is covered by 30 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nicholas McGarrigle	Barrenjoey Markets Pty Limited
April Lowis	Barrenjoey Markets Pty Limited
Glyn Lawcock	Barrenjoey Markets Pty Limited

Resolute Mining Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target decreased by 33% to AU$0.74

Price target increased by 7.4% to AU$1.10

Consensus EPS estimates increase by 10%

Resolute Mining Limited Revises Production Guidance for the Year 2024

Price target increased by 13% to AU$1.03

Consensus EPS estimates increase by 12%

Recent updates

New minor risk - Share price stability

Price target decreased by 33% to AU$0.74

Resolute Mining Limited's (ASX:RSG) Shares Lagging The Industry But So Is The Business

Price target increased by 7.4% to AU$1.10

Consensus EPS estimates increase by 10%

Resolute Mining Limited Revises Production Guidance for the Year 2024

Price target increased by 13% to AU$1.03

Resolute Mining Limited Announces Company Secretary Changes

Consensus EPS estimates increase by 12%

Resolute Mining Limited Provides an Update on Exploration in Senegal and Guinea

Consensus EPS estimates fall by 24%

First half 2024 earnings: EPS and revenues miss analyst expectations

Now 24% undervalued

Estimating The Intrinsic Value Of Resolute Mining Limited (ASX:RSG)

Consensus EPS estimates increase by 14%

Consensus EPS estimates increase by 11%

Price target increased by 10% to AU$0.84

Consensus EPS estimates increase by 12%

Resolute Mining (ASX:RSG) Has A Pretty Healthy Balance Sheet

High number of new directors

Consensus EPS estimates fall by 31%

Resolute Mining Limited (ASX:RSG) Held Back By Insufficient Growth Even After Shares Climb 28%

Price target increased by 7.3% to AU$0.73

Resolute Mining Limited's (ASX:RSG) Shares Bounce 26% But Its Business Still Trails The Industry

High number of new directors

Resolute Mining Limited, Annual General Meeting, May 23, 2024

Resolute Mining Limited Announces Director Changes

Resolute Mining (ASX:RSG) Has A Rock Solid Balance Sheet

Full year 2023 earnings: Revenues exceed analyst expectations

Resolute Mining Limited Provides Production Guidance for the Year 2024

Resolute Mining Limited Announces Maiden Mineral Resource at Tomboronkoto

Price target increased by 7.3% to AU$0.65

Resolute Mining Limited Announces Change of Company Secretary

Resolute Mining Limited's (ASX:RSG) Shares Lagging The Industry But So Is The Business

Price target decreased by 7.2% to AU$0.61

Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 11%, revenue downgraded

Resolute Mining Limited Revises Production Guidance for the Year 2023 and Provides Production Guidance for the Year 2024, 2025 and 2026

Resolute Mining Limited Announce an Updated Mineral Resource Estimate from Syama North

First half 2023 earnings released: EPS: US$0.043 (vs US$0.022 loss in 1H 2022)

Resolute Mining Limited Provides Production Guidance for the Full Year 2023

Consensus EPS estimates fall by 29%

Resolute Mining Limited Appoints Keith Marshall as Non-Executive Director

Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly

Price target increased by 27% to AU$0.67

Price target decreased by 14% to AU$0.50

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Earnings Update: Resolute Mining Limited (ASX:RSG) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Full year 2022 earnings released: US$0.028 loss per share (vs US$0.29 loss in FY 2021)

Resolute Mining Limited Announces Chief Financial Officer Changes

Price target decreased by 7.4% to AU$0.57

Resolute Mining Limited Provides Production Guidance for the Full Year 2023

Consensus EPS estimates fall by 10%

Resolute Mining Limited Announces an Update Mineral Resource Estimate from Syama North

Is Resolute Mining (ASX:RSG) Weighed On By Its Debt Load?

Consensus EPS estimates fall by 17%

Price target decreased to AU$0.62

Resolute Mining Limited Provides Production Guidance for the Full Year 2022

Forecast breakeven date moved forward to 2023

Price target increased to AU$0.72

Is Resolute Mining (ASX:RSG) Using Debt In A Risky Way?

Resolute Mining Limited Announces Updated Mineral Resource Estimate from Syama North and Continued Positive Exploration Drilling Results

Forecast breakeven date pushed back to 2023

Resolute Mining Limited Appoints Geoff Montgomery as Chief Operating Officer

Resolute Mining Limited to Report First Half, 2022 Results on Aug 25, 2022

Forecast breakeven date pushed back to 2023

Price target decreased to AU$0.61