How does RGL's PB Ratio compare to its peers?

RGL is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (1x).

How does RGL's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

RGL is good value based on its Price-To-Book Ratio (0.5x) compared to the Australian Metals and Mining industry average (1.1x).

What is RGL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate RGL's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of RGL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate RGL's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Riversgold (CHIA:RGL) - Stock Price, News & Analysis

RGL Stock Overview

Engages in the exploration of mineral resource properties in Australia. More details

RGL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 23.9% per year over past 5 years

Does not have a meaningful market cap (A$4M)

Highly volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

Riversgold Limited Competitors

Manhattan

ASX:MHC

AU$4.5m

Redcastle Resources

ASX:RC1

AU$7.1m

Middle Island Resources

ASX:MDI

AU$4.1m

Koonenberry Gold

ASX:KNB

AU$4.3m

Price History & Performance

Summary of all time highs, changes and price drops for Riversgold
Historical stock prices
Current Share Price	AU$0.0035
52 Week High	AU$0.02
52 Week Low	AU$0.003
Beta	1.38
11 Month Change	16.67%
3 Month Change	-12.50%
1 Year Change	-76.67%
33 Year Change	-83.33%
5 Year Change	-68.18%
Change since IPO	-97.88%

Recent updates

Shareholder Returns

	RGL	AU Metals and Mining	AU Market
7D	16.7%	1.6%	0.9%
1Y	-76.7%	-10.8%	18.4%

Return vs Industry: RGL underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: RGL underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is RGL's price volatile compared to industry and market?
RGL volatility
RGL Average Weekly Movement	31.3%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: RGL's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: RGL's weekly volatility has increased from 23% to 31% over the past year.

About the Company

Founded	Employees	CEO	Website
2017	n/a	Dave Lenigas	www.riversgold.com.au

Riversgold Limited engages in the exploration of mineral resource properties in Australia. The company explores for lithium, gold, nickel, cobalt, and iron deposits. It holds interests in the Pilbara Lithium projects that include Tambourah project, which covers an area of 110 square kilometers situated in south of Port Hedland; and the Wodgina East project located in south of Port Hedland.

Riversgold Limited Fundamentals Summary

How do Riversgold's earnings and revenue compare to its market cap?
RGL fundamental statistics
Market cap	AU$3.98m
Earnings (TTM)	-AU$6.93m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.6x

P/E Ratio

Is RGL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RGL income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$6.93m
Earnings	-AU$6.93m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0052
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did RGL perform over the long term?

See historical performance and comparison

RGL Stock Overview

Risk Analysis

Riversgold Limited Competitors

ASX:MHC

AU$4.5m

ASX:RC1

AU$7.1m

ASX:MDI

AU$4.1m

ASX:KNB

AU$4.3m

Price History & Performance

Recent News & Updates

New minor risk - Financial data availability

Riversgold Limited Receives the First Batch of Assay Results from Aircore Drilling

Riversgold Limited, Annual General Meeting, Nov 28, 2024

Riversgold Limited has completed a Follow-on Equity Offering in the amount of AUD 1.85 million.

New major risk - Share price stability

Riversgold Limited has filed a Follow-on Equity Offering in the amount of AUD 1.85 million.

Recent updates

New minor risk - Financial data availability

Riversgold Limited Receives the First Batch of Assay Results from Aircore Drilling

Riversgold Limited, Annual General Meeting, Nov 28, 2024

Riversgold Limited has completed a Follow-on Equity Offering in the amount of AUD 1.85 million.

New major risk - Share price stability

Riversgold Limited has filed a Follow-on Equity Offering in the amount of AUD 1.85 million.

Riversgold Limited Announces CEO Changes

Riversgold Ltd Provides Northern Zone Project Development Update

New minor risk - Shareholder dilution

Riversgold Limited Receives Assay Results from Diamond Drilling Programme at the Northern Zone Intrusive Hosted Gold Project

Riversgold Limited (ASX:RGL) entered into a purchase agreement from Redstone Metals Pty Ltd for AUD 0.2 million.

Riversgold Limited, Annual General Meeting, Nov 30, 2023

New major risk - Financial position

New major risk - Share price stability

Corcel plc Announces Initial Drilling Results from the Mt. Weld Rare Earth Element Joint Venture with Riversgold Limited

Riversgold Limited (ASX:RGL) singed a agreement to acquire to acquire 20% stake in Queen Lapage project (E25/538 and E28/2580), Venetian project (E25/540) and Jaws project (E25/539) from Serendipity Pty Ltd

Riversgold Limited Lithium Commences Drilling to Imminently at Mt Holland

Riversgold Limited Provides Update on Lithium Soil Geochemical Results At the Mt Holland Lithium Project

Riversgold Limited Provides an Update on Exploration Activities at its Tambourah and Mt Holland Lithium Projects

Riversgold Limited Announces Resignation of Xavier Braud as Non-Executive Director

Riversgold Limited Appoints Edward Mead as Non-Executive Director

Riversgold Limited Provides Mt Holland Lithium Exploration Progress Update

Less than half of directors are independent

Riversgold Limited Announces DGPR Survey Expansion at Tambourah Lithium

Riversgold Limited Intends to Expand the Currently Contracted 2,500M Reverse Circulation (Rc) Drilling Program

Riversgold Limited Announces Preliminary Results from its Maiden RC Drilling Program at its Tambourah Lithium Pegmatite Project in the Pilbara Region of WA

Riversgold Limited Announces Maiden 2,500M RC Drilling Program Has Commenced at it's 100%-Owned Tambourah Lithium Project in the Pilbara Region of Western Australia

Riversgold Limited Engages Strike Drilling to Undertake the Maiden 2,500M RC Drilling Program At the Company's Tambourah Lithium Project in Western Australia's Pilbara Region

Riversgold Limited (ASX:RGL) agreed to acquire Prospecting Licence P45/3135 in Western Australia from Tristar Nominees Pty Ltd for AUD 0.04 million.

Insider recently sold AU$222k worth of stock

Riversgold Limited Signs Binding Agreement Granting It an Option to Acquire an 80% Interest in the Lithium Rights to Exploration Licence E77/2784

Riversgold Ltd Announces That It Submits Program of Works (Pow) to the Department of Mines, Industry Regulation and Safety (Dmirs) for 10,000M of Drilling At 100%-Owned Tambourah Lithium Project in Pilbara Region of Western Australia

Riversgold Limited, Annual General Meeting, Oct 26, 2022

Riversgold Limited (ASX:RGL) agreed to acquire Lithium tenements at Southern Cross from Mining Equities Pty Ltd and Bullfinch Metals Pty Ltd for AUD 0.44 million.

Riversgold Limited Reports Progress on Tambourah Lithium Project

Riversgold Limited announces Field Work Recommences At Tambourah

Riversgold Limited Announces Assay Results from the Field Campaign Recently Completed At Its Tambourah Lithium Project

Riversgold Limited Announces Tambourah Lithium Tenement Granted

Less than half of directors are independent

Riversgold Limited Provides Tambourah Lithium Project Update

Riversgold Limited Announces Lithium Mineralisation Confirmed At Bengal Prospect, Tambourah

Riversgold Limited Ordinary Shares to Be Deleted from Other OTC

Riversgold Limited Announces Update on JORC Table

Riversgold Limited Reports Queen Lapage 3D Seismic Survey Reveals Multiple Shear Zones

Riversgold Limited Reports Final Results of Pre-Christmas Surface Sampling Program

Riversgold Limited Appoints Ms. Oonagh Malone as Company Secretary

Riversgold Limited Announces Update on Exploration Activities

Riversgold Limited announced that it has received AUD 1.5325 million in funding

Shareholder Returns

Price Volatility

About the Company

Riversgold Limited Fundamentals Summary

0.0x

-0.6x

Earnings & Revenue