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Reach Resources Ltd

Basic Materials AU RR1

0.007AUD
-(-%)

Last update at 2024-12-30T04:35:00Z

Day Range

0.0070.008
LowHigh

52 Week Range

0.0060.02
LowHigh

Fundamentals

  • Previous Close 0.007
  • Market Cap5.25M
  • Volume327001
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA1.92M
  • Revenue TTM3.20M
  • Revenue Per Share TTM0.005
  • Gross Profit TTM 0.00659M
  • Diluted EPS TTM-

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -2.65980M -0.45149M -0.34308M 0.08M 0.03M
Minority interest - - - - -
Net income -2.65980M -0.45149M -0.34308M 0.08M 0.03M
Selling general administrative 0.94M 0.54M 0.37M 0.27M 0.33M
Selling and marketing expenses - - - - -
Gross profit 0.00157M 0.10M 0.03M - 0.36M
Reconciled depreciation 0.00502M - - - -
Ebit -0.94889M -0.54604M -0.32301M 0.10M 0.03M
Ebitda -0.94387M -0.54604M -0.32301M 0.10M 0.03M
Depreciation and amortization 0.00502M 0.44M 0.34M 0.28M -0.02117M
Non operating income net other - - - - -
Operating income -0.94889M -0.54604M -0.32301M 0.10M 0.03M
Other operating expenses 0.95M 0.55M 0.37M 0.28M 0.34M
Interest expense - - 0.02M 0.01M 0.00004M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 0.00659M 0.00545M 0.03M 0.00179M 0.00408M
Net interest income 0.00659M - -0.02003M -0.01426M 0.00034M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -0.00000M -0.44040M -0.27332M 0.11M 0.38M
Total revenue 0.00659M 0.10M 0.00004M 0.00005M 0.36M
Total operating expenses 0.94M 0.55M 0.37M 0.28M 0.34M
Cost of revenue 0.00502M - - - -
Total other income expense net -1.71091M 0.09M 0.05M 0.37M 0.36M
Discontinued operations - - - - -
Net income from continuing ops -2.65980M -0.45149M -0.34308M 0.08M 0.03M
Net income applicable to common shares -2.65980M -0.45149M -0.34308M 0.08M 0.03M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 15.02M 6.55M 6.08M 3.95M 2.15M
Intangible assets - - - - 0.00000M
Earning assets - - - - -
Other current assets 0.05M - - - -
Total liab 0.34M 0.52M 0.56M 0.49M 1.37M
Total stockholder equity 14.69M 6.03M 5.53M 3.46M 0.78M
Deferred long term liab - - - - -
Other current liab 0.03M - - - -
Common stock 28.89M 22.47M 19.65M 17.14M 14.12M
Capital stock - 22.47M 19.65M 17.14M 14.12M
Retained earnings -14.53761M -16.78623M -14.12643M -13.67495M -13.33187M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 6.01M 1.23M 1.13M 2.03M 0.15M
Cash and equivalents - 1.23M 1.13M 2.03M 0.15M
Total current liabilities 0.34M 0.52M 0.56M 0.49M 1.37M
Current deferred revenue - - - - -
Net debt -6.01456M - -0.68429M -1.58337M 0.86M
Short term debt - 0.00000M 0.45M 0.45M 1.01M
Short long term debt - - 0.45M 0.45M 1.01M
Short long term debt total - - 0.45M 0.45M 1.01M
Other stockholder equity - 0.35M 0.31M - -
Property plant equipment - 5.18M 3.06M 1.89M 1.68M
Total current assets 6.08M 1.37M 1.15M 2.06M 0.47M
Long term investments - - 1.87M - -
Net tangible assets - 6.03M 5.53M 3.46M 0.78M
Short term investments - - 0.00000M 0.00545M 0.32M
Net receivables 0.05M 0.13M 0.02M 0.02M -
Long term debt - - - 0.00000M 0.00000M
Inventory -0.03569M - - - -
Accounts payable 0.31M 0.52M 0.11M 0.04M 0.36M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.33M - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total 8.95M 5.18M 4.93M 1.89M 1.68M
Capital lease obligations - - - - -
Long term debt total - 0.00000M 0.00000M 0.00000M 0.00000M
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Investments - -0.88134M -2.62236M 0.15M 0.26M
Change to liabilities - 0.10M -0.04674M -0.36020M 0.06M
Total cashflows from investing activities - -0.88134M -2.62236M 0.15M 0.26M
Net borrowings - - - -0.56154M 0.00280M
Total cash from financing activities 6.35M 1.84M 2.21M 2.46M 0.00280M
Change to operating activities - - - - -
Net income 1.94M -2.65980M -0.45149M -0.34308M 0.08M
Change in cash 4.78M 0.10M -0.89909M 1.88M 0.03M
Begin period cash flow 1.23M 1.13M 2.03M 0.15M 0.12M
End period cash flow 6.01M 1.23M 1.13M 2.03M 0.15M
Total cash from operating activities -0.95079M -0.86737M -0.48948M -0.72889M -0.22830M
Issuance of capital stock - 2.00M 2.40M 3.37M -
Depreciation 0.02M 0.00502M 0.00502M 0.00502M 0.00502M
Other cashflows from investing activities -0.16180M -0.47032M 0.10M -0.20590M 0.43M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables 0.08M -0.12475M -0.00234M 0.02M 0.00109M
Sale purchase of stock -0.57234M -0.15591M -0.18724M -0.34627M 0.00000M
Other cashflows from financing activities -0.61716M -0.88134M -2.62236M 0.15M 0.26M
Change to netincome - 1.81M 0.01M -0.04645M -0.37253M
Capital expenditures 3.82M 0.74M 0.85M 0.21M 0.18M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.08M -0.02451M -0.04908M -0.33936M 0.06M
Stock based compensation 0.16M 0.09M - - -
Other non cash items -3.14830M 1.85M 0.01M -0.04645M -0.37253M
Free cash flow -4.76796M -1.60871M -1.34434M -0.93479M -0.40393M

Peer Comparison

Sector: Basic Materials Industry: Gold

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
RR1
Reach Resources Ltd		 - -% 0.007 - - 1.64 0.39 - -14.8203
NEM
NEWMONT CORPORATION CDI		 -0.4 0.65% 60.80 - 7.30 4.12 1.47 2.91 21.04
NST
Northern Star Resources Ltd		 -0.04 0.26% 15.56 27.98 15.55 3.60 2.01 3.64 8.29
EVN
Evolution Mining Ltd		 - -% 4.87 22.00 14.97 2.99 2.33 3.40 7.88
ATM
Aneka Tambang Tbk PT DRC		 -0.04 4.26% 0.90 18.80 12.08 0.0001 1.57 0.51 9.24

Reports Covered

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Profile

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company explores for gold, rare earth elements, lithium, niobium, manganese, and base metals. It holds interests 100% in the Skyline, Morrissey Hill, Wabli Creek, White Castles, Murchison, Wanna Station, Gascoyne Banks, and Camel Hill project tenements. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is based in Perth, Australia.

Reach Resources Ltd

216 St Georges Terrace, Perth, WA, Australia, 6000

Key Executives

Name Title Year Born
Mr. Jeremy Bower BSc Botany, BSc Soil, MAICD Chief Exec. Officer NA
Mr. Christopher Achurch B.Com., C.A. Company Sec. NA
Mr. Jeremy Bower BSc Botany, BSc Soil, MAICD Chief Executive Officer NA
Mr. Steve Vallance Exploration Manager NA
Mr. Christopher Achurch B.Com., C.A. Company Secretary NA
Mr. Jeremy Bower BSc Botany, BSc Soil, MAICD Chief Executive Officer NA
Mr. Steve Vallance Exploration Manager NA
Mr. Christopher Achurch B.Com., C.A. Company Secretary NA
Mr. Jeremy Bower BSc Botany, BSc Soil, MAICD Chief Executive Officer NA
Mr. Steve Vallance Exploration Manager NA

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