Resolute Mining Limited engages in the mining, exploration, development, and production of gold properties in Africa and Australia.
Reasonable growth potential and fair value.
Share Price & News
How has Resolute Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RSM has not had significant price volatility in the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: RSM exceeded the German Metals and Mining industry which returned -26.5% over the past year.
Return vs Market: RSM underperformed the German Market which returned 6.5% over the past year.
Price Volatility Vs. Market
How volatile is Resolute Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Resolute Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RSM (€0.67) is trading below our estimate of fair value (€1.14)
Significantly Below Fair Value: RSM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RSM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: RSM is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RSM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RSM is good value based on its PB Ratio (1.2x) compared to the DE Metals and Mining industry average (3.9x).
How is Resolute Mining forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: RSM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RSM's is expected to become profitable in the next 3 years.
Revenue vs Market: RSM's revenue (7.4% per year) is forecast to grow faster than the German market (5.1% per year).
High Growth Revenue: RSM's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RSM's Return on Equity is forecast to be low in 3 years time (16%).
How has Resolute Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RSM is currently unprofitable.
Growing Profit Margin: RSM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RSM is unprofitable, but has reduced losses over the past 5 years at a rate of 44.2% per year.
Accelerating Growth: Unable to compare RSM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RSM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.4%).
Return on Equity
High ROE: RSM has a negative Return on Equity (-1.53%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Resolute Mining's financial position?
Financial Position Analysis
Short Term Liabilities: RSM's short term assets (A$311.9M) exceed its short term liabilities (A$262.7M).
Long Term Liabilities: RSM's short term assets (A$311.9M) exceed its long term liabilities (A$258.1M).
Debt to Equity History and Analysis
Debt Level: RSM's debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: RSM's debt to equity ratio has increased from 11.4% to 32.7% over the past 5 years.
Inventory Level: RSM has a high level of physical assets or inventory.
Debt Coverage by Assets: RSM's debt is covered by short term assets (assets are 1.3x debt).
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: Insufficient data to determine if RSM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RSM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Resolute Mining's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RSM's dividend (1.78%) is higher than the bottom 25% of dividend payers in the German market (1.46%).
High Dividend: RSM's dividend (1.78%) is low compared to the top 25% of dividend payers in the German market (3.81%).
Stability and Growth of Payments
Stable Dividend: RSM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RSM has only been paying a dividend for 7 years, and since then payments have fallen.
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: RSM's dividends in 3 years are forecast to be thoroughly covered by earnings (8.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Welborn 0
Mr. John Paul Welborn, B.Com, FCA, FAIM, SAFin, MAICD, MAusIMM, JP, has been the Chief Executive Officer and Managing Director of Resolute Mining Limited since July 1, 2015. Mr. Welborn has commercial expe ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD906.37K) is about average for companies of similar size in the German market ($USD1.20M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||4.6yrs||AU$1.38m||0.29% A$2.0m|
|General Counsel & Company Secretary||2.5yrs||AU$380.45k||no data|
|Chief Financial Officer||0.08yrs||no data||no data|
|Chief Operating Officer||0yrs||AU$495.11k||0.0019% A$13.6k|
|General Manager of Business Development & Investor Relations||0yrs||no data||no data|
|General Manager of Exploration||3.8yrs||AU$465.63k||no data|
Experienced Management: RSM's management team is considered experienced (3.2 years average tenure).
|MD, CEO & Director||4.6yrs||AU$1.38m||0.29% A$2.0m|
|Non-Executive Director||19.1yrs||AU$45.00k||0.23% A$1.6m|
|Non-Executive Director||2.7yrs||AU$45.00k||no data|
|Non-Executive Chairman||2.7yrs||AU$175.00k||no data|
|Non-Executive Director||2.7yrs||AU$45.00k||0.0026% A$18.2k|
|Non Executive Director||1.4yrs||AU$25.95k||no data|
Experienced Board: RSM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
Resolute Mining Limited's company bio, employee growth, exchange listings and data sources
- Name: Resolute Mining Limited
- Ticker: RSM
- Exchange: DB
- Founded: 2001
- Industry: Gold
- Sector: Materials
- Market Cap: AU$1.165b
- Listing Market Cap: AU$703.017m
- Shares outstanding: 1.04b
- Website: https://www.rml.com.au
Number of Employees
- Resolute Mining Limited
- Australia Place
- Level 2
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RMGG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1994|
|RSG||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jun 1994|
|RSM||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 1994|
|RSG||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jun 1994|
|RSG||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jun 1994|
|RMGG.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Aug 2012|
Resolute Mining Limited engages in the mining, exploration, development, and production of gold properties in Africa and Australia. The company’s flagship project is the Syama Gold Mine located in Mali, West Africa. It is also involved in the prospecting and exploration of minerals. The company was incorporated in 2001 and is based in Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 22:11|
|End of Day Share Price||2020/02/26 00:00|
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.