Reach Resources Share Price and Company Fundamentals
Last traded: Last Friday at 5:20 AM
Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, as well as for nickel, cobalt, copper, and base metals. It holds interests in the Primrose gold project located in the northeast of Perth. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is headquartered in Perth, Australia.
|Primary activities||Mineral Exploration|
|Industry / Sector||Gold / Basic Materials|
|Mailing address||216 St Georges Terrace Level 4 Perth WA 6000 Australia|
|Phone / Fax||61 8 6268 2641 /|
|Share registry||ADVANCED SHARE REGISTRY SERVICES|
Reach Resources 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.RR1 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.
RR1'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 Aug 2022, following are the company executives and directors listed on Reach Resources.
|Mr. Jeremy Bower BSc Botany, BSc Soil, MAICD||Chief Exec. Officer|
|Mr. Christopher Achurch B.Com., C.A.||Company Sec.|
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 Reach Resources is and its enterprise value is .
The RR1's stocks Beta value is 0.07 making it 93% 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.
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Reach Resources (ASX:RR1) Frequently Asked Questions
1. What is Reach Resources's Stock Symbol?
Reach Resources trades on ASX under the ticker symbol "RR1".
2. What is Reach Resources's stock price today?
One share of RR1 stock can currently be purchased for approximately $0.004.
3. How can I contact Reach Resources?
Reach Resources's mailing address is 216 St Georges Terrace Level 4 Perth WA 6000 Australia. The company can be reached via phone at 61 8 6268 2641.
4. What is Reach Resources's official website?
The official website of Reach Resources is https://www.reachresources.com.au.
5. Which share registry manages Reach Resources's stock?
Reach Resources's stock is managed by ADVANCED SHARE REGISTRY SERVICES.