Reedy Lagoon Corporation Share Price and Company Fundamentals
Last traded: Yesterday at 11:06 PM
Reedy Lagoon Corporation Limited explores for minerals in Australia and the United States. It primarily explores for lithium, iron ore, magnetite, and gold deposits. The company owns interests in the Alkali Lake North and the Clayton Valley lithium brine projects covering a combined area of 3,502 hectares under 446 placer claims located in Nevada, the United States. It also holds interest in the Burracoppin gold and iron projects located in Western Australia. The company was incorporated in 1986 and is based in Melbourne, Australia.
|Primary activities||Mining explorer|
|Industry / Sector||Other Industrial Metals & Mining / Basic Materials|
|Mailing address||600 Bourke Street Level 44 Melbourne VIC 3000 Australia|
|Phone / Fax||/|
|Share registry||LINK MARKET SERVICES LIMITED|
Reedy Lagoon Corporation paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RLC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
RLC's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Oct 2022, following are the company executives and directors listed on Reedy Lagoon Corporation.
|Mr. Geoffrey H. Fethers B.Sc.(Hons), MAusIMM||MD, Company Sec. & Exec. Director||64||82.84k|
Profitability and management effectiveness
Return on assets
Return on equity
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 and its enterprise value is .
The RLC's stocks Beta value is 1.29 making it 29% more 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.
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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 $0.015.
3. How can I contact Reedy Lagoon Corporation?
Reedy Lagoon Corporation's mailing address is 600 Bourke Street Level 44 Melbourne VIC 3000 Australia. The company can be reached via phone at .
4. What is Reedy Lagoon Corporation's official website?
The official website of Reedy Lagoon Corporation is https://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.