Red River Resources Limited, together with its subsidiaries, explores for and develops mineral projects in Australia.
Red River Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.23|
|52 Week High||AU$0.14|
|52 Week Low||AU$0.33|
|1 Month Change||40.63%|
|3 Month Change||12.50%|
|1 Year Change||7.14%|
|3 Year Change||21.62%|
|5 Year Change||28.57%|
|Change since IPO||7.14%|
Recent News & Updates
Red River Resources' (ASX:RVR) Strong Earnings Are Of Good Quality
Red River Resources Limited ( ASX:RVR ) recently posted some strong earnings, and the market responded positively. We...
Here's Why I Think Red River Resources (ASX:RVR) Is An Interesting Stock
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|RVR||AU Metals and Mining||AU Market|
Return vs Industry: RVR underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: RVR underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: RVR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: RVR's weekly volatility (9%) has been stable over the past year.
About the Company
Red River Resources Limited, together with its subsidiaries, explores for and develops mineral projects in Australia. The company explores for zinc, copper, lead, gold, silver, and base metal, as well as precious metal deposits. It holds a 100% interest in the Thalanga project located in Queensland; and an interest in the Hillgrove project situated in Armidale, New South Wales.
Red River Resources Fundamentals Summary
|RVR fundamental statistics|
Is RVR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RVR income statement (TTM)|
|Cost of Revenue||AU$71.43m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.011|
|Net Profit Margin||4.98%|
How did RVR perform over the long term?See historical performance and comparison
Is Red River Resources 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: RVR (A$0.23) is trading below our estimate of fair value (A$1.38)
Significantly Below Fair Value: RVR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RVR is poor value based on its PE Ratio (19.8x) compared to the Australian Metals and Mining industry average (14.6x).
PE vs Market: RVR is good value based on its PE Ratio (19.8x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: RVR is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: RVR is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).
How is Red River Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RVR's forecast earnings growth (87.5% per year) is above the savings rate (1.9%).
Earnings vs Market: RVR's earnings (87.5% per year) are forecast to grow faster than the Australian market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if RVR's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if RVR's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RVR's Return on Equity is forecast to be high in 3 years time
How has Red River Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RVR has high quality earnings.
Growing Profit Margin: RVR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RVR has become profitable over the past 5 years, growing earnings by 32.7% per year.
Accelerating Growth: RVR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RVR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: RVR's Return on Equity (9.8%) is considered low.
How is Red River Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RVR's short term assets (A$30.9M) do not cover its short term liabilities (A$35.9M).
Long Term Liabilities: RVR's short term assets (A$30.9M) exceed its long term liabilities (A$18.2M).
Debt to Equity History and Analysis
Debt Level: RVR's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RVR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RVR's debt is well covered by operating cash flow (30640.8%).
Interest Coverage: RVR's interest payments on its debt are well covered by EBIT (44x coverage).
What is Red River Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RVR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RVR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RVR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RVR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RVR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Melkon Palancian, also known as Mel, BEng MEng MAusIMM MIEAust, has been the Managing Director of Red River Resources Ltd. since July 13, 2015 and as served as its Chief Operating Officer from Septembe...
CEO Compensation Analysis
Compensation vs Market: Mel's total compensation ($USD706.69K) is above average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Mel's compensation has been consistent with company performance over the past year.
Experienced Management: RVR's management team is seasoned and experienced (5 years average tenure).
Experienced Board: RVR's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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.
Red River Resources Limited's employee growth, exchange listings and data sources
- Name: Red River Resources Limited
- Ticker: RVR
- Exchange: ASX
- Founded: 2002
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$116.655m
- Shares outstanding: 518.46m
- Website: https://www.redriverresources.com.au
- Red River Resources Limited
- Thalanga Mine
- 18144 Flinders Highway
- Charters Towers
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|End of Day Share Price||2021/10/26 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.