RVR Stock Overview
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$0.085|
|52 Week High||AU$0.27|
|52 Week Low||AU$0.083|
|1 Month Change||-35.85%|
|3 Month Change||-45.16%|
|1 Year Change||-46.88%|
|3 Year Change||-45.16%|
|5 Year Change||-69.64%|
|Change since IPO||-59.52%|
Recent News & Updates
|RVR||AU Metals and Mining||AU Market|
Return vs Industry: RVR underperformed the Australian Metals and Mining industry which returned 1.2% over the past year.
Return vs Market: RVR underperformed the Australian Market which returned -9.7% over the past year.
|RVR Average Weekly Movement||12.9%|
|Metals and Mining Industry Average Movement||11.4%|
|Market Average Movement||9.6%|
|10% most volatile stocks in AU Market||16.9%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: RVR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: RVR's weekly volatility (13%) 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$64.14m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.0075|
|Net Profit Margin||3.43%|
How did RVR perform over the long term?See historical performance and comparison
Is RVR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RVR?
Other financial metrics that can be useful for relative valuation.
|What is RVR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does RVR's PE Ratio compare to its peers?
|RVR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MLG MLG Oz
NC1 NICO Resources
RVR Red River Resources
Price-To-Earnings vs Peers: RVR is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (25.5x).
Price to Earnings Ratio vs Industry
How does RVR's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Earnings vs Industry: RVR is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the Australian Metals and Mining industry average (8.7x)
Price to Earnings Ratio vs Fair Ratio
What is RVR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RVR's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of RVR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RVR (A$0.09) is trading below our estimate of fair value (A$0.98)
Significantly Below Fair Value: RVR is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Red River Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Red River Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether Red River Resources is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Red River Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Red River Resources performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RVR has a high level of non-cash earnings.
Growing Profit Margin: RVR's current net profit margins (3.4%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: RVR has become profitable over the past 5 years, growing earnings by 27.2% per year.
Accelerating Growth: RVR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RVR had negative earnings growth (-33.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (37.5%).
Return on Equity
High ROE: RVR's Return on Equity (6.1%) is considered low.
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How is Red River Resources's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RVR's short term assets (A$22.2M) do not cover its short term liabilities (A$22.3M).
Long Term Liabilities: RVR's short term assets (A$22.2M) exceed its long term liabilities (A$17.8M).
Debt to Equity History and Analysis
Debt Level: RVR has more cash than its total debt.
Reducing Debt: RVR's debt to equity ratio has increased from 0.01% to 9.3% over the past 5 years.
Debt Coverage: RVR's debt is well covered by operating cash flow (182.6%).
Interest Coverage: RVR's interest payments on its debt are well covered by EBIT (7.8x coverage).
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What is Red River Resources's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RVR has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick O'Connor (59 yo)
Mr. Patrick O'Connor, B. Comm, SEP Stanford (USA), FAICD, served as Non-Executive Director of Red River Resources Limited from August 09, 2022 until September 05, 2022 and serves as its Chief Executive Off...
Experienced Management: RVR's management team is considered experienced (4.7 years average tenure).
Experienced Board: RVR's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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
|18 Jul 22||BuyAU$1,077,422||3rd Wave Investors Ltd||Company||6,400,000||AU$0.17|
|28 Apr 22||BuyAU$1,052,803||3rd Wave Investors Ltd||Company||4,742,999||AU$0.22|
|02 Feb 22||BuyAU$2,224,501||3rd Wave Investors Ltd||Company||10,607,000||AU$0.21|
|28 Oct 21||BuyAU$1,196,367||3rd Wave Investors Ltd||Company||5,349,999||AU$0.22|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
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
- Implied Market Cap: AU$44.069m
- Shares outstanding: 518.46m
- Website: https://www.redriverresources.com.au
- Red River Resources Limited
- Thalanga Mine
- 18144 Flinders Highway
- Charters Towers
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RVR||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 2005|
|R1R||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2005|
|RVR||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 2005|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/23 00:00|
|End of Day Share Price||2022/09/23 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.