Stock Analysis Report

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Executive Summary

RTG Mining Inc. explores for and develops mineral properties.

Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Similar Companies

Share Price & News

How has RTG Mining's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: RTG's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




CA Metals and Mining


CA Market

1 Year Return




CA Metals and Mining


CA Market

Return vs Industry: RTG exceeded the Canadian Metals and Mining industry which returned 36.1% over the past year.

Return vs Market: RTG exceeded the Canadian Market which returned -11.5% over the past year.

Shareholder returns

7 Day40.0%-4.6%2.7%
30 Day133.3%1.6%1.6%
90 Day50.0%28.8%-8.4%
1 Year40.0%40.0%37.1%36.1%-8.5%-11.5%
3 Year-25.0%-25.0%18.7%16.7%-0.5%-9.8%
5 Year-84.3%-84.3%55.0%50.6%14.6%-2.4%

Price Volatility Vs. Market

How volatile is RTG Mining's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is RTG Mining undervalued compared to its fair value and its price relative to the market?


Price to Book (PB) ratio

Share Price vs. Fair Value

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

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

Price To Earnings Ratio

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

PE vs Market: RTG is unprofitable, so we can't compare its PE Ratio to the Canadian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RTG's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: RTG is overvalued based on its PB Ratio (5.7x) compared to the CA Metals and Mining industry average (1.7x).

Next Steps

Future Growth

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


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 RTG Mining 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.

Next Steps

Past Performance

How has RTG Mining performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RTG is currently unprofitable.

Growing Profit Margin: RTG is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: RTG is unprofitable, and losses have increased over the past 5 years at a rate of -7.9% per year.

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

Earnings vs Industry: RTG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (15.5%).

Return on Equity

High ROE: RTG has a negative Return on Equity (-248.2%), as it is currently unprofitable.

Next Steps

Financial Health

How is RTG Mining's financial position?

Financial Position Analysis

Short Term Liabilities: RTG's short term assets ($4.1M) exceed its short term liabilities ($3.6M).

Long Term Liabilities: RTG's short term assets ($4.1M) exceed its long term liabilities ($194.3K).

Debt to Equity History and Analysis

Debt Level: RTG's debt to equity ratio (46.9%) is considered high.

Reducing Debt: Insufficient data to determine if RTG's debt to equity ratio has reduced over the 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: RTG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if RTG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Next Steps


What is RTG Mining's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

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

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

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

Next Steps


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


Average board tenure


Justine Magee





Ms. Justine Alexandria Magee, B.Comm, ACA has been the Chief Executive Officer of RTG Mining Inc. (also known as Ratel Group Limited) since March 28, 2013 and also its President. Ms. Magee served as an Exe ...

CEO Compensation Analysis

Compensation vs Market: Justine's total compensation ($USD301.78K) is above average for companies of similar size in the Canadian market ($USD158.99K).

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

Board Members

Justine Magee
President7.17yrsUS$301.78k0.24% $81.6k
Michael Carrick
Chairman of the Board7.08yrsUS$199.58k0.26% $89.4k
Robert Scott
Independent Non-Executive Lead Director4.58yrsUS$53.00k0.17% $58.2k
Phillip Lockyer
Independent Non-Executive Director7.17yrsUS$49.34k0.054% $18.6k
David Thackray Cruse
Independent Non-Executive Director7.17yrsUS$49.34k0.39% $132.6k


Average Tenure


Average Age

Experienced Board: RTG's board of directors are considered experienced (7.2 years average tenure).


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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.

Top Shareholders

Company Information

RTG Mining Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: RTG Mining Inc.
  • Ticker: RTG
  • Exchange: TSX
  • Founded: 2012
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$34.346m
  • Shares outstanding: 490.65m
  • Website: https://www.rtgmining.com

Number of Employees


  • RTG Mining Inc.
  • 338 Barker Road
  • Level 2
  • Subiaco
  • Western Australia
  • 6008
  • Australia


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RTGTSX (The Toronto Stock Exchange)YesCommon SharesCACADJan 2011
RTTG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2011
6RMBST (Boerse-Stuttgart)YesCommon SharesDEEURJan 2011
RTGASX (Australian Securities Exchange)CDI NPV 1:1AUAUDJun 2014
RTGCHIA (Chi-X Australia)CDI NPV 1:1AUAUDJun 2014


RTG Mining Inc. explores for and develops mineral properties. The company explores for copper and gold deposits. Its principal projects include the Mabilo and Bunawan properties located in the Philippines. The company was incorporated in 2012 and is headquartered in Subiaco, Australia. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 04:59
End of Day Share Price2020/05/29 00:00
Annual Earnings2019/12/31

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.