Resolute Mining Limited

CHIA:RSG Stock Report

Market Cap: AU$883.6m

Resolute Mining Valuation

Is RSG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: RSG (A$0.42) is trading below our estimate of fair value (A$5.86)

Significantly Below Fair Value: RSG is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RSG?

Key metric: As RSG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RSG. This is calculated by dividing RSG's market cap by their current earnings.
What is RSG's PE Ratio?
PE Ratio45.3x
EarningsUS$12.68m
Market CapUS$574.11m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RSG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.5x
WAF West African Resources
11.2x28.6%AU$1.7b
RMS Ramelius Resources
11.1x-2.9%AU$2.4b
OBM Ora Banda Mining
47.4x38.8%AU$1.3b
ALK Alkane Resources
16.3x36.3%AU$287.4m
RSG Resolute Mining
45.3x42.3%AU$883.6m

Price-To-Earnings vs Peers: RSG is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the peer average (21.5x).

Price to Earnings Ratio vs Industry

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

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KCN Kingsgate Consolidated
1.8x-13.3%US$236.15m
GRR Grange Resources
2.8xn/aUS$191.76m
RHI Red Hill Minerals
1.7xn/aUS$170.84m
PTN Patronus Resources
2.3xn/aUS$64.90m
RSG 45.3xIndustry Avg. 11.7xNo. of Companies12PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RSG is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the Australian Metals and Mining industry average (11.7x).

Price to Earnings Ratio vs Fair Ratio

What is RSG'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.

RSG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio45.3x
Fair PE Ratio32.4x

Price-To-Earnings vs Fair Ratio: RSG is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the estimated Fair Price-To-Earnings Ratio (32.4x).

Analyst Price Targets

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

The above table shows the analyst RSG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.41
AU$0.66
+59.5%
18.2%AU$0.85AU$0.50n/a5
Nov ’25AU$0.80
AU$1.10
+38.9%
31.3%AU$1.75AU$0.77n/a5
Oct ’25AU$0.73
AU$0.91
+24.8%
37.2%AU$1.55AU$0.55n/a5
Sep ’25AU$0.67
AU$0.89
+34.1%
38.5%AU$1.55AU$0.55n/a5
Aug ’25AU$0.65
AU$0.89
+38.3%
38.5%AU$1.55AU$0.55n/a5
Jul ’25AU$0.52
AU$0.84
+62.3%
34.8%AU$1.40AU$0.55n/a5
Jun ’25AU$0.56
AU$0.75
+35.9%
45.0%AU$1.40AU$0.40n/a5
May ’25AU$0.42
AU$0.73
+74.8%
47.2%AU$1.40AU$0.40n/a5
Apr ’25AU$0.43
AU$0.68
+57.7%
38.2%AU$1.15AU$0.37n/a5
Mar ’25AU$0.35
AU$0.66
+89.1%
40.1%AU$1.15AU$0.37n/a5
Feb ’25AU$0.41
AU$0.66
+62.5%
40.7%AU$1.15AU$0.37n/a5
Jan ’25AU$0.45
AU$0.61
+35.4%
32.7%AU$0.95AU$0.35n/a5
Dec ’24AU$0.43
AU$0.65
+51.1%
32.5%AU$0.95AU$0.35n/a6
Nov ’24AU$0.37
AU$0.65
+76.6%
32.5%AU$0.95AU$0.35AU$0.806
Oct ’24AU$0.35
AU$0.68
+96.2%
30.4%AU$1.00AU$0.40AU$0.736
Sep ’24AU$0.36
AU$0.68
+87.5%
31.2%AU$1.00AU$0.40AU$0.676
Aug ’24AU$0.37
AU$0.68
+82.4%
31.2%AU$1.00AU$0.40AU$0.656
Jul ’24AU$0.39
AU$0.72
+84.6%
31.2%AU$1.05AU$0.44AU$0.525
Jun ’24AU$0.48
AU$0.71
+48.0%
32.1%AU$1.05AU$0.44AU$0.565
May ’24AU$0.46
AU$0.67
+45.1%
35.1%AU$1.05AU$0.44AU$0.424
Apr ’24AU$0.42
AU$0.60
+41.5%
34.1%AU$0.99AU$0.44AU$0.435
Mar ’24AU$0.26
AU$0.56
+116.9%
40.8%AU$0.99AU$0.33AU$0.355
Feb ’24AU$0.27
AU$0.57
+110.4%
40.1%AU$0.99AU$0.33AU$0.415
Jan ’24AU$0.21
AU$0.61
+192.1%
49.3%AU$0.99AU$0.25AU$0.453
Dec ’23AU$0.18
AU$0.61
+245.5%
49.3%AU$0.99AU$0.25AU$0.433
Nov ’23AU$0.20
AU$0.62
+213.9%
40.0%AU$0.99AU$0.29AU$0.374

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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