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RNG

Randgold & ExplorationJSE:RNG Stock Report

Last Price

R1.11

Market Cap

R79.5m

7D

13.3%

1Y

-19.6%

Updated

23 Jan, 2022

Data

Company Financials
RNG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RNG Stock Overview

Randgold & Exploration Company Limited operates as an investment and exploration company in the gold mining sector in South Africa.

Randgold & Exploration Competitors

Gold Fields

JSE:GFI

R150.5b

AngloGold Ashanti

JSE:ANG

R132.3b

Newmont

NYSE:NEM

US$50.4b

Barrick Gold

TSX:ABX

CA$43.3b

Price History & Performance

Summary of all time highs, changes and price drops for Randgold & Exploration
Historical stock prices
Current Share PriceR1.11
52 Week HighR1.99
52 Week LowR0.56
Beta0.16
1 Month Change11.00%
3 Month Change-9.02%
1 Year Change-19.56%
3 Year Change-30.63%
5 Year Change-53.75%
Change since IPO-11.20%

Recent News & Updates

Shareholder Returns

RNGZA Metals and MiningZA Market
7D13.3%2.6%-0.3%
1Y-19.6%3.4%13.9%

Return vs Industry: RNG underperformed the ZA Metals and Mining industry which returned 3.4% over the past year.

Return vs Market: RNG underperformed the ZA Market which returned 13.9% over the past year.

Price Volatility

Is RNG's price volatile compared to industry and market?
RNG volatility
RNG Average Weekly Movement14.5%
Metals and Mining Industry Average Movement7.0%
Market Average Movement5.7%
10% most volatile stocks in ZA Market12.1%
10% least volatile stocks in ZA Market3.3%

Stable Share Price: RNG is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: RNG's weekly volatility has decreased from 26% to 14% over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1992n/aMarais Steynhttps://www.randgoldexp.co.za

Randgold & Exploration Company Limited operates as an investment and exploration company in the gold mining sector in South Africa. The company was incorporated in 1992 and is based in Sandton, South Africa.

Randgold & Exploration Fundamentals Summary

How do Randgold & Exploration's earnings and revenue compare to its market cap?
RNG fundamental statistics
Market CapR79.46m
Earnings (TTM)-R11.40m
Revenue (TTM)n/a

0.0x

P/S Ratio

-7.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RNG income statement (TTM)
RevenueR0
Cost of RevenueR0
Gross ProfitR0
ExpensesR11.40m
Earnings-R11.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did RNG perform over the long term?

See historical performance and comparison

Valuation

Is Randgold & Exploration undervalued compared to its fair value and its price relative to the market?

0.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RNG is good value based on its PB Ratio (0.7x) compared to the ZA Metals and Mining industry average (1.3x).


Future Growth

How is Randgold & Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-11.6%

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 Randgold & Exploration 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.


Past Performance

How has Randgold & Exploration performed over the past 5 years?

-26.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RNG is currently unprofitable.

Growing Profit Margin: RNG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RNG is unprofitable, and losses have increased over the past 5 years at a rate of 26.3% per year.

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

Earnings vs Industry: RNG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (218.4%).


Return on Equity

High ROE: RNG has a negative Return on Equity (-10.61%), as it is currently unprofitable.


Financial Health

How is Randgold & Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: RNG's short term assets (ZAR120.4M) exceed its short term liabilities (ZAR1.8M).

Long Term Liabilities: RNG's short term assets (ZAR120.4M) exceed its long term liabilities (ZAR11.1M).


Debt to Equity History and Analysis

Debt Level: RNG is debt free.

Reducing Debt: RNG has not had any debt for 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: RNG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: RNG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 27.8% each year


Dividend

What is Randgold & Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if RNG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RNG is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RNG's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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

1.7yrs

Average board tenure


CEO

Marais Steyn (49 yo)

15.08yrs

Tenure

R2,751,000

Compensation

Mr. Marais Steyn, BComm (Hons), CA(SA) has been Chief Executive Officer of Randgold & Exploration Co. Ltd. since July 2008 and serves as its Executive Director and has been its Financial Director since Feb...


CEO Compensation Analysis

Compensation vs Market: Marais's total compensation ($USD182.52K) is about average for companies of similar size in the ZA market ($USD258.93K).

Compensation vs Earnings: Marais's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: RNG's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Randgold & Exploration Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Randgold & Exploration Company Limited
  • Ticker: RNG
  • Exchange: JSE
  • Founded: 1992
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: R79.460m
  • Shares outstanding: 71.59m
  • Website: https://www.randgoldexp.co.za

Location

  • Randgold & Exploration Company Limited
  • Katherine & West Building
  • Third Floor
  • Sandton
  • Gauteng
  • 2196
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 17:01
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.