Create Free Account

By creating account you will get access to hot stocks & personalised emails

Reach Resources Ltd

Basic Materials AU RR1

0.013AUD
0.002(18.18%)

Last update at 2024-05-20T03:28:00Z

Day Range

0.010.01
LowHigh

52 Week Range

0.00690.09
LowHigh

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 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
Total assets 6.55M 6.08M 3.95M 2.15M 2.01M
Intangible assets - - - 0.00000M 0.00067M
Earning assets - - - - -
Other current assets - - - - -
Total liab 0.52M 0.56M 0.49M 1.37M 1.33M
Total stockholder equity 6.03M 5.53M 3.46M 0.78M 0.68M
Deferred long term liab - - - - -
Other current liab - - - - -
Common stock 22.47M 19.65M 17.14M 14.12M 14.09M
Capital stock 22.47M 19.65M 17.14M 14.12M 14.09M
Retained earnings -16.78623M -14.12643M -13.67495M -13.33187M -13.41469M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 1.23M 1.13M 2.03M 0.15M 0.12M
Cash and equivalents 1.23M 1.13M 2.03M 0.15M 0.12M
Total current liabilities 0.52M 0.56M 0.49M 1.37M 1.33M
Current deferred revenue - - - - -
Net debt - -0.68429M -1.58337M 0.86M 0.89M
Short term debt 0.00000M 0.45M 0.45M 1.01M 1.01M
Short long term debt - 0.45M 0.45M 1.01M 1.01M
Short long term debt total - 0.45M 0.45M 1.01M 1.01M
Other stockholder equity 0.35M 0.31M - - -
Property plant equipment 5.18M 3.06M 1.89M 1.68M 1.88M
Total current assets 1.37M 1.15M 2.06M 0.47M 0.12M
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 0.00567M
Net receivables 0.13M 0.02M 0.02M - 0.00109M
Long term debt - - 0.00000M 0.00000M 0.90M
Inventory - - - - -
Accounts payable 0.52M 0.11M 0.04M 0.36M 0.32M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - 0.00067M
Deferred long term asset charges - - - - -
Non current assets total 5.18M 4.93M 1.89M 1.68M 1.88M
Capital lease obligations - - - - -
Long term debt total 0.00000M 0.00000M 0.00000M 0.00000M 0.90M
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
Investments -0.88134M -2.62236M 0.15M 0.26M -0.27648M
Change to liabilities 0.10M -0.04674M -0.36020M 0.06M -
Total cashflows from investing activities -0.88134M -2.62236M 0.15M 0.26M -0.27648M
Net borrowings - - -0.56154M 0.00280M -
Total cash from financing activities 1.84M 2.21M 2.46M 0.00280M 0.36M
Change to operating activities - - - - -
Net income -2.65980M -0.45149M -0.34308M 0.08M 0.03M
Change in cash 0.10M -0.89909M 1.88M 0.03M -0.15514M
Begin period cash flow 1.13M 2.03M 0.15M 0.12M 0.27M
End period cash flow 1.23M 1.13M 2.03M 0.15M 0.12M
Total cash from operating activities -0.86737M -0.48948M -0.72889M -0.22830M -0.23938M
Issuance of capital stock 2.00M 2.40M 3.37M - 0.25M
Depreciation 0.00502M 0.00502M 0.00502M 0.00502M -
Other cashflows from investing activities - -1.76750M 0.36M 0.43M 0.09M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -0.12475M -0.00234M 0.02M 0.00109M 0.02M
Sale purchase of stock -0.15591M -0.18724M -0.34627M 0.00000M -0.01653M
Other cashflows from financing activities 0.16M 2.21M 0.06M 0.20M 0.26M
Change to netincome 1.81M 0.01M -0.04645M -0.37253M -
Capital expenditures 0.74M 0.85M 0.21M 0.18M 0.37M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.02451M -0.04908M -0.33936M 0.06M 0.10M
Stock based compensation 0.09M - - - -
Other non cash items 1.85M 0.01M -0.04645M -0.37253M -0.36152M
Free cash flow -1.60871M -1.34434M -0.93479M -0.40393M -0.60916M

Fundamentals

  • Previous Close 0.01
  • Market Cap11.37M
  • Volume834247
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-0.93728M
  • Revenue TTM0.00659M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00659M
  • Diluted EPS TTM-0.01

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		 0.002 18.18% 0.01 - - 1493.04 1.00 - -8.405
NEM
NEWMONT CORPORATION CDI		 2.42 3.79% 66.24 - - - - - -
NST
Northern Star Resources Ltd		 0.41 2.79% 15.10 23.32 17.01 3.97 2.07 4.05 12.07
EVN
Evolution Mining Ltd		 0.24 6.22% 4.10 42.89 11.05 3.25 2.05 3.87 10.91
ATM
Aneka Tambang Tbk PT DRC		 0.01 0.93% 1.09 36.00 17.27 0.0001 2.24 0.0001 0.0006

Reports Covered

Stock Research & News

View All

Profile

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, rare earth elements, lithium, niobium, manganese, and base metals. It has interests in the Primrose, Skyline, Morrissey Hill, Wabli Creek, and White Castles projects. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is headquartered 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

Disclaimer - Data Powered by EOD Historical Data (“EODHD”). All CFDs (stocks, indices, mutual funds, ETFs), and Forex are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. EODHD is not using exchanges data feeds for the pricing data, EODHD is using OTC, peer to peer trades and trading platforms over 100+ sources, EODHD is aggregating its data feeds via VWAP method. Therefore, EOD Historical Data doesn’t bear any responsibility for any trading losses you might incur as a result of using this data. EOD Historical Data or anyone involved with EOD Historical Data will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. EOD Historical Data does not give any warranties (including, without limitation, as to merchantability or fitness for a particular purpose or use).

Our Company

Useful Links

Contact Us

Market Research

Our Company

Useful Links

Contact Us

Disclaimer

The information given by Kalkine Pty Ltd ABN34 154 808 312 (Australian Financial Services License Number 425376) on this website is general information or advice only.

It does not take into account any of your personal objectives, circumstances or needs. Choosing an investment is an important decision. If you do not feel confident making a decision based on the recommendations Kalkine has made in our reports, you should consider obtaining personal advice from an authorised adviser.

There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. Terms & Conditions have been provided for our services, please go through them and also read our Financial Services Guide.

Our website may contain information on past performance of particular investments. Past performance is not an indicator of future performance. Hypothetical returns may not reflect actual performance. Any displays of potential investment opportunities are for sample purposes only and may not actually be available to investors.

The information on the website does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Our reports contain general recommendations to invest in securities.

Copyright 2024 Krish Capital Pty. Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.