RESOLUTE MINING LIMITED (RSG)
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RSG - RESOLUTE MINING LIMITED

FNArena Sector : Gold & Silver
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 0.58
Index: ASX300 | ALL-ORDS

Resolute Mining is a gold producer with three mines in West Africa and one in Queensland, Australia. The company is listed on the ASX and the London Stock Exchange.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.415

03 May
2024

-0.020

OPEN

$0.43

-4.60%

HIGH

$0.43

8,552,290

LOW

$0.41

TARGET
$0.60 44.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1M . ADT . ALK . AMI . BC8 . BEZ . BGL . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MZZ . NEM . NST . NVA . OBM . PDI . PNR . PRU . RED . RMS . RRL . RXL . RXM . SBM . SLR . SPR . SSR . STM . STN . SVL . TBR . TIE . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
RSG: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 9.1 xxx
DPS (cps) 1.1 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 4.6 xxx
Dividend Yield 2.5% xxx
Div Pay Ratio(%) 11.7% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 31/08 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx4.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx950.7 M
Book Value Per Share xxxxxxxxxxxxxxx40.6
Net Operating Cash Flow xxxxxxxxxxxxxxx160.5 M
Net Profit Margin xxxxxxxxxxxxxxx10.39 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx11.86 %
Return on Invested Capital xxxxxxxxxxxxxxx11.34 %
Return on Assets xxxxxxxxxxxxxxx7.81 %
Return on Equity xxxxxxxxxxxxxxx11.86 %
Return on Total Capital xxxxxxxxxxxxxxx10.18 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx58.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx109 M
Long Term Debt xxxxxxxxxxxxxxx14 M
Total Debt xxxxxxxxxxxxxxx124 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx90 M
Price To Book Value xxxxxxxxxxxxxxx1.10

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx108.2 M
Capex % of Sales xxxxxxxxxxxxxxx11.38 %
Cost of Goods Sold xxxxxxxxxxxxxxx802 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx56 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

01/05/2024

1

Outperform

$0.60

44.58%

The shutdown of the Syama Sulphide plant reduced 1Q2024 volumes for Resolute Mining, with production coming in -9% below Macquarie's expectations, a -5% decline on the previous corresponding period.

The analyst highlights the greater weakness was in the Mako results due to lower grades, tonnes and recoveries, missing expectations by -17%.

Management retained full year 2024 guidance of 345-365koz.

Although Macquarie was disappointed by the softer-than-anticipated results, the target price of 60c is retained and the FY24 EPS forecast is lifted slightly, by 2%, due to lower expected costs.

Overweight.

FORECAST
Macquarie forecasts a full year FY24 dividend of 1.07 cents and EPS of 9.14 cents.
Macquarie forecasts a full year FY25 dividend of 1.07 cents and EPS of 11.12 cents.
Access Stockbroker Research History >

RSG STOCK CHART

FNArena News on RSG

1
Australian Broker Call *Extra* Edition – Apr 23, 2024

Apr 23 2024 - Daily Market Reports
2
Rudi’s View: Facts & Fiction About Gold

Mar 27 2024 - Rudi's View
3
FNArena Corporate Results Monitor – 01-03-2024

Mar 01 2024 - Australia
4
Australian Broker Call *Extra* Edition – Jan 12, 2024

Jan 12 2024 - Daily Market Reports
5
ESG Focus: The Little Big Things – 23-11-2023

Nov 23 2023 - ESG Focus

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