Resolute Mining Limited

LSE:RSG Stock Report

Market Cap: UK£513.2m

Resolute Mining Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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.

Discounted Cash Flow
Simply Wall St
UK£0.086
Fair Value
180.5% overvalued intrinsic discount
5
Number of Analysts

Below Fair Value: RSG (£0.24) is trading above our estimate of fair value (£0.09)

Significantly Below Fair Value: RSG is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for RSG. This is calculated by dividing RSG's market cap by their current revenue.
What is RSG's PS Ratio?
PS Ratio0.9x
SalesUS$800.97m
Market CapUS$684.17m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for RSG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.4x
PAF Pan African Resources
3.5x17.2%UK£971.0m
HOC Hochschild Mining
2.2x5.1%UK£1.6b
SRB Serabi Gold
2x28.8%UK£131.8m
ALTN AltynGold
2xn/aUK£112.1m
RSG Resolute Mining
0.9x3.2%UK£1.1b

Price-To-Sales vs Peers: RSG is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (2.4x).

Price to Sales Ratio vs Industry

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

13 CompaniesPrice / SalesEstimated GrowthMarket Cap
GLEN Glencore
0.2x0.3%US$41.18b
NLMK Novolipetsk Steel
0.3xn/aUS$4.08b
EVR EVRAZ
0.1x-8.5%US$1.42b
PDL Petra Diamonds
0.2x7.1%US$70.94m
RSG 0.9xIndustry Avg. 1.9xNo. of Companies13PS01.22.43.64.86+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: RSG is good value based on its Price-To-Sales Ratio (0.9x) compared to the UK Metals and Mining industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

What is RSG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RSG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio2.2x

Price-To-Sales vs Fair Ratio: RSG is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (2.2x).

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
CurrentUK£0.24
UK£0.34
+39.5%
23.9%UK£0.48UK£0.26n/a5
Apr ’26UK£0.22
UK£0.28
+27.1%
15.2%UK£0.34UK£0.22n/a5
Mar ’26UK£0.19
UK£0.27
+41.1%
20.1%UK£0.35UK£0.20n/a5
Feb ’26UK£0.20
UK£0.30
+49.1%
12.1%UK£0.35UK£0.25n/a5
Jan ’26UK£0.19
UK£0.34
+81.7%
17.4%UK£0.43UK£0.25n/a5
Dec ’25UK£0.23
UK£0.34
+50.2%
18.2%UK£0.44UK£0.26n/a5
Nov ’25UK£0.41
UK£0.56
+38.8%
31.3%UK£0.89UK£0.39n/a5
Oct ’25UK£0.38
UK£0.46
+21.8%
37.2%UK£0.79UK£0.28n/a5
Sep ’25UK£0.34
UK£0.45
+33.7%
38.5%UK£0.79UK£0.28n/a5
Aug ’25UK£0.33
UK£0.45
+37.3%
38.5%UK£0.79UK£0.28n/a5
Jul ’25UK£0.27
UK£0.44
+65.0%
34.8%UK£0.74UK£0.29n/a5
Jun ’25UK£0.29
UK£0.40
+34.9%
45.0%UK£0.73UK£0.21n/a5
May ’25UK£0.22
UK£0.38
+69.6%
47.2%UK£0.72UK£0.21n/a5
Apr ’25UK£0.22
UK£0.35
+57.2%
38.2%UK£0.59UK£0.19UK£0.225
Mar ’25UK£0.22
UK£0.34
+55.3%
40.1%UK£0.59UK£0.19UK£0.195
Feb ’25UK£0.22
UK£0.34
+57.1%
40.7%UK£0.59UK£0.19UK£0.205
Jan ’25UK£0.24
UK£0.32
+35.4%
32.7%UK£0.51UK£0.19UK£0.195
Dec ’24UK£0.23
UK£0.34
+45.7%
32.5%UK£0.50UK£0.18UK£0.236
Nov ’24UK£0.18
UK£0.34
+85.8%
32.5%UK£0.50UK£0.18UK£0.416
Oct ’24UK£0.17
UK£0.35
+102.2%
30.4%UK£0.51UK£0.20UK£0.386
Sep ’24UK£0.18
UK£0.35
+90.9%
31.2%UK£0.52UK£0.21UK£0.346
Aug ’24UK£0.19
UK£0.35
+82.5%
31.2%UK£0.52UK£0.21UK£0.336
Jul ’24UK£0.21
UK£0.38
+79.3%
31.2%UK£0.55UK£0.23UK£0.275
Jun ’24UK£0.25
UK£0.38
+50.5%
32.1%UK£0.56UK£0.23UK£0.295
May ’24UK£0.24
UK£0.35
+43.4%
35.1%UK£0.55UK£0.23UK£0.224
Apr ’24UK£0.23
UK£0.32
+41.5%
34.1%UK£0.54UK£0.24UK£0.225
AnalystConsensusTarget
Consensus Narrative from 5 Analysts
UK£0.33
Fair Value
27.9% undervalued intrinsic discount
5
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/22 01:30
End of Day Share Price 2025/04/22 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Resolute Mining Limited is covered by 32 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mollie UrquhartBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Taylor GuyotBarrenjoey Markets Pty Limited