How does RR1's PE Ratio compare to its peers?

RR1 is good value based on its Price-To-Earnings Ratio (5.6x) compared to the peer average (23.6x).

How does RR1's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

RR1 is good value based on its Price-To-Earnings Ratio (5.6x) compared to the Australian Metals and Mining industry average (12.2x).

What is RR1'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.

Insufficient data to calculate RR1's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of RR1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate RR1'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.

Reach Resources (CHIA:RR1) - Stock Price, News & Analysis

RR1 Stock Overview

Engages in the exploration and evaluation of mineral resource projects in Australia.

About the company

RR1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (5.6x) is below the Australian market (19.4x)

Became profitable this year

Risk Analysis

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

High level of non-cash earnings

Does not have a meaningful market cap (A$11M)

Does not have meaningful revenue (A$3M)

+ 1 more risk

Reach Resources Limited Competitors

Auric Mining

ASX:AWJ

AU$46.8m

Zuleika Gold

ASX:ZAG

AU$12.6m

Gullewa

ASX:GUL

AU$14.8m

Solstice Minerals

ASX:SLS

AU$19.1m

Price History & Performance

Summary of all time highs, changes and price drops for Reach Resources
Historical stock prices
Current Share Price	AU$0.013
52 Week High	AU$0.065
52 Week Low	AU$0.0075
Beta	-1.45
11 Month Change	0%
3 Month Change	30.00%
1 Year Change	-80.00%
33 Year Change	-71.11%
5 Year Change	n/a
Change since IPO	160.26%

Recent updates

Shareholder Returns

	RR1	AU Metals and Mining	AU Market
7D	0%	-0.9%	0.7%
1Y	-80.0%	-3.7%	16.7%

Return vs Industry: RR1 underperformed the Australian Metals and Mining industry which returned -3.7% over the past year.

Return vs Market: RR1 underperformed the Australian Market which returned 16.7% over the past year.

Price Volatility

Is RR1's price volatile compared to industry and market?
RR1 volatility
RR1 Average Weekly Movement	22.7%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: RR1's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: RR1's weekly volatility has decreased from 31% to 23% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2001	n/a	Jeremy Bower	www.reachresources.com.au

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company explores for gold, rare earth elements, lithium, niobium, manganese, and base metals. It holds interests 100% in the Skyline, Morrissey Hill, Wabli Creek, White Castles, Murchison, Wanna Station, Gascoyne Banks, and Camel Hill project tenements.

Reach Resources Limited Fundamentals Summary

How do Reach Resources's earnings and revenue compare to its market cap?
RR1 fundamental statistics
Market cap	AU$10.93m
Earnings (TTM)	AU$1.94m
Revenue (TTM)	AU$3.20m

5.6x

P/E Ratio

3.4x

P/S Ratio

Is RR1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RR1 income statement (TTM)
Revenue	AU$3.20m
Cost of Revenue	AU$0
Gross Profit	AU$3.20m
Other Expenses	AU$1.26m
Earnings	AU$1.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0022
Gross Margin	100.00%
Net Profit Margin	60.50%
Debt/Equity Ratio	0%

How did RR1 perform over the long term?

See historical performance and comparison

RR1 Stock Overview

Rewards

Risk Analysis

Reach Resources Limited Competitors

ASX:AWJ

AU$46.8m

ASX:ZAG

AU$12.6m

ASX:GUL

AU$14.8m

ASX:SLS

AU$19.1m

Price History & Performance

Recent News & Updates

Reach Resources Limited, Annual General Meeting, Nov 21, 2024

New major risk - Shareholder dilution

Reach Resources Limited has announced a Derivatives Offering in the amount of AUD 0.256788 million.

Reach Resources Limited, Annual General Meeting, Apr 15, 2024

Reach Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.140198 million.

Reach Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.140198 million.

Recent updates

Reach Resources Limited, Annual General Meeting, Nov 21, 2024

New major risk - Shareholder dilution

Reach Resources Limited has announced a Derivatives Offering in the amount of AUD 0.256788 million.

Reach Resources Limited, Annual General Meeting, Apr 15, 2024

Reach Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.140198 million.

Reach Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.140198 million.

New major risk - Market cap size

Reach Resources Limited, Annual General Meeting, Nov 15, 2023

Reach Resources Limited (ASX:RR1) entered into a binding tenement sale agreement to acquire Ashburton prospect (Tenement E09/2543) from Firebird Metals Limited (ASX:FRB) for AUD 0.11 million.

New major risk - Shareholder dilution

Reach Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.

Reach Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.

Reach Resources Limited (ASX:RR1) signed binding term sheet to acquire Western Australian exploration licenses E09/2388 and E09/2375 from TasEx Geological Services Pty Ltd for AUD 1.1 million.

Reach Resources Limited Announces Receipt of Final Laboratory Assay Results from the Company's Maiden Rock Chip Sampling Programs Recently Undertaken At Its Skyline and Critical Elements Projects

Reach Resources Limited Announces the Receipt of Laboratory Assay Results from the Company's Maiden Rock Chip Sampling Programs Recently Undertaken At Its Skyline Rare Earths Project and Critical Elements Project, Both Located in the Emerging Gascoyne Mineral Field in Western Australia

No independent directors

Reach Resources Limited Announces Anomalous Rare Earth Elements (REE) Identified in Carbonatites

Reach Resources Limited Reports Significant Preliminary Results from Handheld XRF Testing (pXRF) from A Recent Reconnaissance Site Visit Undertaken At Gascoyne Projects

Reach Resources Limited Reports Significant Preliminary Results from Handheld XRF Testing (pXRF) from A Recent Reconnaissance Site Visit Undertaken At Gascoyne Projects

Reach Resources Limited, Annual General Meeting, Nov 11, 2022

Reach Resources Limited Announces High Priority REE Targets Identified at its Critical Elements Project

Reach Resources Limited, Annual General Meeting, Nov 11, 2022

No independent directors

Shareholder Returns

Price Volatility

About the Company

Reach Resources Limited Fundamentals Summary

5.6x

3.4x

Earnings & Revenue