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Rainbow Rare Earths

BST:RR1
Snowflake Description

Slightly overvalued with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RR1
BST
£18M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Rainbow Rare Earths Limited, a mining company, explores for, evaluates, develops, and produces rare earth deposits. The last earnings update was 25 days ago. More info.


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RR1 Share Price and Events
Price Volatility
Industry
5yr Volatility vs Market

RR1 Value

 Is Rainbow Rare Earths undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Rainbow Rare Earths to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Rainbow Rare Earths.

BST:RR1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:RR1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.2
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.196 (1 + (1- 19%) (3.24%))
1.228
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.228 * 9.46%)
12.15%

Discounted Cash Flow Calculation for BST:RR1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Rainbow Rare Earths is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:RR1 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 2.30 4.50 4.53 4.56 4.60
Source Analyst x1 Analyst x1 Est @ 0.71% Est @ 0.71% Est @ 0.71%
Present Value
Discounted (@ 12.15%)
2.05 3.58 3.21 2.88 2.59
Present value of next 5 years cash flows $14.32
BST:RR1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $4.60 × (1 + 0.54%) ÷ (12.15% – 0.54%)
$39.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $39.81 ÷ (1 + 12.15%)5
$22.43
BST:RR1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $14.32 + $22.43
$36.75
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $36.75 / 187.91
$0.2
BST:RR1 Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of LSE:RBW)
0.76
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.2 x 0.76
£0.15
Non-primary Listing Adjustment Factor 1 share in BST:RR1 represents 1.53685x of LSE:RBW
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.53685x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.15 x 1.53685
€0.23
Value per share (EUR) From above. €0.23
Current discount Discount to share price of €0.15
= -1 x (€0.15 - €0.23) / €0.23
36.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Rainbow Rare Earths is available for.
Intrinsic value
36%
Share price is €0.146 vs Future cash flow value of €0.22854
Current Discount Checks
For Rainbow Rare Earths to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Rainbow Rare Earths's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Rainbow Rare Earths's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rainbow Rare Earths's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rainbow Rare Earths's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:RR1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-0.02
LSE:RBW Share Price ** LSE (2018-07-17) in GBP £0.1
LSE:RBW Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.315 $0.12
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 8.38x
Germany Market PE Ratio Median Figure of 407 Publicly-Listed Companies 18.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rainbow Rare Earths.

BST:RR1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:RBW Share Price ÷ EPS (both in USD)

= 0.12 ÷ -0.02

-8.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rainbow Rare Earths is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • Rainbow Rare Earths is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Rainbow Rare Earths's expected growth come at a high price?
Raw Data
BST:RR1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 59 Publicly-Listed Metals and Mining Companies 0.62x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Rainbow Rare Earths, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rainbow Rare Earths's assets?
Raw Data
BST:RR1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.06
LSE:RBW Share Price * LSE (2018-07-17) in GBP £0.1
LSE:RBW Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.315 $0.12
Germany Metals and Mining Industry PB Ratio Median Figure of 12 Publicly-Listed Metals and Mining Companies 3.51x
Germany Market PB Ratio Median Figure of 547 Publicly-Listed Companies 1.86x
BST:RR1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:RBW Share Price ÷ Book Value per Share (both in USD)

= 0.12 ÷ 0.06

2.1x

* Primary Listing of Rainbow Rare Earths.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rainbow Rare Earths is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Rainbow Rare Earths's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Rainbow Rare Earths has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RR1 Future Performance

 How is Rainbow Rare Earths expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
84.4%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Rainbow Rare Earths expected to grow at an attractive rate?
  • Unable to compare Rainbow Rare Earths's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Rainbow Rare Earths's earnings growth to the Germany market average as no estimate data is available.
  • Rainbow Rare Earths's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:RR1 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:RR1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 84.4%
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:RR1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:RR1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-06-30 13 1
2019-06-30 7 1
BST:RR1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 1 -2 -3
2018-03-31 0 -2 -2
2017-12-31 -2 -2
2017-09-30 -1 -2
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -0 -1
2016-09-30 -0 -1
2016-06-30 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Rainbow Rare Earths is high growth as no earnings estimate data is available.
  • Rainbow Rare Earths's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:RR1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Rainbow Rare Earths Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:RR1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-06-30
2019-06-30
BST:RR1 Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Rainbow Rare Earths will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Rainbow Rare Earths's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rainbow Rare Earths has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RR1 Past Performance

  How has Rainbow Rare Earths performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rainbow Rare Earths's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rainbow Rare Earths does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Rainbow Rare Earths's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Rainbow Rare Earths's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Rainbow Rare Earths's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rainbow Rare Earths Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:RR1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 0.99 -2.57 2.75
2018-03-31 0.50 -2.29 2.65
2017-12-31 -2.01 2.33
2017-09-30 -1.70 1.88
2017-06-30 -1.39 1.66
2017-03-31 -1.24 1.02
2016-12-31 -1.08 0.38
2016-09-30 -1.14 0.53
2016-06-30 -1.19 0.67
2015-06-30 -0.62 0.60
2014-06-30 -0.54 0.55

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Rainbow Rare Earths has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Rainbow Rare Earths has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Rainbow Rare Earths improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Rainbow Rare Earths's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rainbow Rare Earths has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RR1 Health

 How is Rainbow Rare Earths's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rainbow Rare Earths's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rainbow Rare Earths's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Rainbow Rare Earths has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rainbow Rare Earths's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rainbow Rare Earths Company Filings, last reported 3 months ago.

BST:RR1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 10.38 0.76 0.35
2018-03-31 10.38 0.76 0.35
2017-12-31 11.65 0.30 2.72
2017-09-30 11.65 0.30 2.72
2017-06-30 8.74 0.02 3.20
2017-03-31 8.74 0.02 3.20
2016-12-31 0.84 2.01 0.01
2016-09-30 0.84 2.01 0.01
2016-06-30 1.48 1.65 0.07
2015-06-30 2.47 0.02 0.01
2014-06-30 0.26 1.24 0.02
  • Rainbow Rare Earths's level of debt (7.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Rainbow Rare Earths's debt level has increased without past 5-year debt data.
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.

  • Rainbow Rare Earths has less than a year of cash runway based on current financial obligations.
  • Rainbow Rare Earths has less than a year of cash runway if financial obligations continue to grow at historical rates of 56.9% each year.
X
Financial health checks
We assess Rainbow Rare Earths's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rainbow Rare Earths has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RR1 Dividends

 What is Rainbow Rare Earths's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Rainbow Rare Earths dividends.
If you bought €2,000 of Rainbow Rare Earths shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Rainbow Rare Earths's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rainbow Rare Earths's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:RR1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:RR1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Rainbow Rare Earths has not reported any payouts.
  • Unable to verify if Rainbow Rare Earths's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rainbow Rare Earths's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rainbow Rare Earths has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Rainbow Rare Earths's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rainbow Rare Earths afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rainbow Rare Earths has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RR1 Management

 What is the CEO of Rainbow Rare Earths's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Martin Eales, image provided by Google.
Martin Eales
COMPENSATION $384,000
AGE 45
TENURE AS CEO 1.8 years
CEO Bio

Mr. Martin Eales serves as the Chief Executive Officer at Rainbow Rare Earths Limited. Mr. Eales after qualifying as a Chartered Accountant in 1997, embarked on a 15 year career in corporate finance, corporate broking and equity capital markets, rising to the position of Managing Director at RBC Capital Markets in London. With long experience of natural resources companies and transactions he joined the Pella Resources Group (the “Company”) as Business Development Director in early 2014 and was appointed Managing Director of the Company later that year.

CEO Compensation
  • Martin's compensation has increased whilst company is loss making.
Management Team Tenure

Average tenure and age of the Rainbow Rare Earths management team in years:

4.8
Average Tenure
54
Average Age
  • The tenure for the Rainbow Rare Earths management team is about average.
Management Team

Martin Eales

TITLE
CEO & Director
COMPENSATION
$384K
AGE
45
TENURE
1.8 yrs

Jim E. G. Wynn

TITLE
Chief Financial Officer
AGE
45
TENURE
1.4 yrs

Cesare Morelli

TITLE
Technical Director
AGE
54
TENURE
7.8 yrs

Gilbert Midende

TITLE
General Manager
AGE
64
TENURE
7.8 yrs

Braam Jankowitz

TITLE
Project Manager
AGE
63

Joël Ntungwanayo

TITLE
Chief Geologist

Medard Kubanza

TITLE
Chief Geophysicist of Benzu Resources

Daniel Palma

TITLE
Finance Manager
Board of Directors Tenure

Average tenure and age of the Rainbow Rare Earths board of directors in years:

3.4
Average Tenure
47
Average Age
  • The tenure for the Rainbow Rare Earths board of directors is about average.
Board of Directors

Adonis Pouroulis

TITLE
Non-Executive Chairman
COMPENSATION
$59K
AGE
48
TENURE
7.8 yrs

Martin Eales

TITLE
CEO & Director
COMPENSATION
$384K
AGE
45
TENURE
4.1 yrs

Robert Archibald Sinclair

TITLE
Non-Executive Director
COMPENSATION
$39K
AGE
68
TENURE
7.2 yrs

Shawn McCormick

TITLE
Non-Executive Director
COMPENSATION
$39K
AGE
51
TENURE
2.7 yrs

Alex Lowrie

TITLE
Non-Executive Director
COMPENSATION
$39K
AGE
42
TENURE
1.9 yrs

Atul Bali

TITLE
Independent Non-Executive Director
COMPENSATION
$38K
AGE
46
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Rainbow Rare Earths insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
09. Aug 18 Buy Adonis Pouroulis Individual 08. Aug 18 08. Aug 18 2,496,917 $386,080.80
22. Dec 17 Buy Martin Eales Individual 22. Dec 17 22. Dec 17 179,000 $33,493.05
X
Management checks
We assess Rainbow Rare Earths's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rainbow Rare Earths has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RR1 News

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RR1 Company Info

Map
Description

Rainbow Rare Earths Limited, a mining company, explores for, evaluates, develops, and produces rare earth deposits. It owns a 100% interest in the Gakara project that includes a mining and exploration license covering an area of approximately 135 square kilometers located in the Bujumbura province of Western Burundi. The company was incorporated in 2011 and is headquartered in London, the United Kingdom.

Details
Name: Rainbow Rare Earths Limited
RR1
Exchange: BST
Founded: 2011
£20,317,787
187,907,345
Website: http://www.rainbowrareearths.com
Address: Rainbow Rare Earths Limited
29 Lincoln’s Inn Fields,
London,
Greater London, WC2A 3EG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE RBW Ordinary Shares London Stock Exchange GB GBP 30. Jan 2017
DB RR1 Ordinary Shares Deutsche Boerse AG DE EUR 30. Jan 2017
BST RR1 Ordinary Shares Boerse-Stuttgart DE EUR 30. Jan 2017
BATS-CHIXE RBWL Ordinary Shares BATS 'Chi-X Europe' GB GBP 30. Jan 2017
Number of employees
Current staff
Staff numbers
157
Rainbow Rare Earths employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/14 18:48
End of day share price update: 2018/07/17 00:00
Last estimates confirmation: 2018/10/12
Last earnings filing: 2018/09/19
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.