Reedy Lagoon Corporation Share Price and Company Fundamentals



Price
$0.021
Change
0.000 (0.000%)
52 week
0.002 - 0.051

Last traded: Yesterday at 5:59 AM

Reedy Lagoon Corporation Limited explores for and develops mineral properties in Australia and the United States. The company primarily explores for lithium, iron ore, and gold deposits. It owns interests in the Alkali Lake North and the Clayton Valley lithium brine projects covering a combined area of 1,939 hectares under 240 placer claims located in Nevada, the United States. The company also holds interests in the Burracoppin gold and iron projects located in Western Australia. Reedy Lagoon Corporation Limited was founded in 1986 and is based in Melbourne, Australia.

Key Metrics

PE ratio

-

PB ratio

21.00

Dividend yield

Beta

0.95

Market cap

$9.87M

Enterprise value

$9.23M

Company profile

Primary activitiesMining explorer
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.reedylagoon.com.au
Mailing address530 Collins Street Level 18 Melbourne VIC 3000 Australia
Phone / Fax61 3 8420 6280 / 61 3 8420 6299
Share registryLINK MARKET SERVICES LIMITED

Dividends

Reedy Lagoon Corporation does not pay dividends.

Company Executives

As of May 2021, following are the company executives and directors listed on Reedy Lagoon Corporation.

NameTitleAgeTotal Pay
Mr. Geoffrey H. Fethers B.Sc.(Hons), MAusIMMMD, Company Sec. & Exec. Director6342.82k

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-1,202,525.00%

Return on assets

-42.21%

Return on equity

-99.94%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Reedy Lagoon Corporation is 9.87M and its enterprise value is 9.23M. The enterprise value to revenue ratio of RLC is 329,745.38.

The RLC's stocks Beta value is 0.95 making it 5% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Reedy Lagoon Corporation (RLC)

Reedy Lagoon Corporation (ASX:RLC) Frequently Asked Questions

1. What is Reedy Lagoon Corporation's Stock Symbol?

Reedy Lagoon Corporation trades on ASX under the ticker symbol "RLC".

2. What is Reedy Lagoon Corporation's stock price today?

One share of RLC stock can currently be purchased for approximately $0.021.

3. How can I contact Reedy Lagoon Corporation?

Reedy Lagoon Corporation's mailing address is 530 Collins Street Level 18 Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 8420 6280.

4. What is Reedy Lagoon Corporation's official website?

The official website of Reedy Lagoon Corporation is http://www.reedylagoon.com.au.

5. Which share registry manages Reedy Lagoon Corporation's stock?

Reedy Lagoon Corporation's stock is managed by LINK MARKET SERVICES LIMITED.