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RXL

Rox ResourcesASX:RXL Stock Report

Market Cap

AU$61.5m

7D

2.6%

1Y

-58.1%

Updated

17 Oct, 2021

Data

Company Financials
RXL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RXL Overview

Rox Resources Limited engages in the exploration and evaluation of mineral resources.

Price History & Performance

Summary of all time highs, changes and price drops for Rox Resources
Historical stock prices
Current Share PriceAU$0.39
52 Week HighAU$0.34
52 Week LowAU$0.94
Beta1.33
1 Month Change-6.02%
3 Month Change-2.50%
1 Year Change-58.06%
3 Year Change160.00%
5 Year Change44.45%
Change since IPO-85.14%

Recent News & Updates

Shareholder Returns

RXLAU Metals and MiningAU Market
7D2.6%4.3%0.9%
1Y-58.1%12.2%20.2%

Return vs Industry: RXL underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: RXL underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is RXL's price volatile compared to industry and market?
RXL volatility
RXL Beta1.33
Industry Beta0.97
Market Beta1

Stable Share Price: RXL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: RXL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200311Alex Passmorehttps://www.roxresources.com.au

Rox Resources Limited engages in the exploration and evaluation of mineral resources. The company explores for gold. Its flagship project is the Youanmi Gold Mine located to the northeast of Perth, Western Australia.

Rox Resources Fundamentals Summary

How do Rox Resources's earnings and revenue compare to its market cap?
RXL fundamental statistics
Market CapAU$61.47m
Earnings (TTM)-AU$11.76m
Revenue (TTM)n/a

0x

P/S Ratio

-5.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RXL income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$11.76m
Earnings-AU$11.76m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.075
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did RXL perform over the long term?

See historical performance and comparison

Valuation

Is Rox Resources undervalued compared to its fair value and its price relative to the market?

2.48x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RXL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RXL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RXL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: RXL 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 RXL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RXL's PB Ratio (2.5x) is in line with the AU Metals and Mining industry average.


Future Growth

How is Rox Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

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 Rox 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.


Past Performance

How has Rox Resources performed over the past 5 years?

-51.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RXL is currently unprofitable.

Growing Profit Margin: RXL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RXL is unprofitable, and losses have increased over the past 5 years at a rate of 51.8% per year.

Accelerating Growth: Unable to compare RXL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RXL 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: RXL has a negative Return on Equity (-47.41%), as it is currently unprofitable.


Financial Health

How is Rox Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RXL's short term assets (A$12.8M) exceed its short term liabilities (A$3.0M).

Long Term Liabilities: RXL's short term assets (A$12.8M) exceed its long term liabilities (A$4.9M).


Debt to Equity History and Analysis

Debt Level: RXL is debt free.

Reducing Debt: RXL has not had any debt for past 5 years.


Balance Sheet


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: RXL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RXL has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 14.2% each year.


Dividend

What is Rox Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RXL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RXL'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 RXL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RXL'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 RXL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Alex Passmore (43 yo)

2.67yrs

Tenure

AU$405,000

Compensation

Mr. Alexander Ross Passmore, also known as Alex, B.Sc (Hons), GradDipAppFin, FIASIG, GAICD, serves as Executive Director at Pearl Gull Iron Limited since February 1, 2021. He was a Director of Pearl Gull I...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD300.60K) is about average for companies of similar size in the Australian market ($USD302.72K).

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


Leadership Team

Experienced Management: RXL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: RXL's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.6%.


Top Shareholders

Company Information

Rox Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Rox Resources Limited
  • Ticker: RXL
  • Exchange: ASX
  • Founded: 2003
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$61.467m
  • Shares outstanding: 157.61m
  • Website: https://www.roxresources.com.au

Number of Employees


Location

  • Rox Resources Limited
  • 87 Colin Street
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.