RESOLUTE MINING LIMITED (RSG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

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

$0.405

21 Nov
2024

-0.025

OPEN

$0.44

-5.81%

HIGH

$0.45

26,645,194

LOW

$0.40

TARGET
$0.56 38.3% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . ADT . ALK . AMI . ASL . BC8 . BEZ . BGL . BTR . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . NEM . NST . NVA . OBM . PDI . PNR . PRU . RMS . RRL . RXL . SBM . SMI . SPR . SSR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
RSG: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 10.0 xxx
DPS (cps) 1.2 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 4.1 xxx
Dividend Yield 2.9% xxx
Div Pay Ratio(%) 12.1% 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 xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

04/09/2024

4

Lighten

$0.55

35.80%

Ord Minnett observes 1H24 results for Resolute Mining were broadly as expected with many of the metrics pre-announced.

Post the result the broker revises down EPS forecasts by -8% and -9% for FY24 and FY25, respectively, due to changes in the treatment of minority interests.

At current price levels, Ord Minnett believes the market is discounting the expansion at Syama and Mako with a gold price around US$2210oz, which is above the analyst's longer-term price of US$2100oz.

Lighten rating and 55c target remain.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

01/11/2024

1

Buy

$1.75

332.10%

Resolute’s September quarter production totalled 85koz at a cost (AISC) of US$1,452/oz, falling short of Canaccord’s estimate of 90koz at US$1,354/oz due to weather impacts at Mako and lower grades at Syama.

Cash holdings increased 31% quarter-on-quarter to US$188m due the earlier receipt of tranche 2 of Ravenswood sale proceeds and higher gold sales, explain the analysts.

Group guidance remains at 345-365koz, with Mako’s forecast lowered to 130koz due to ongoing challenges.

The Syama expansion, expected mid-2025, aims to increase production by over 55% to 250koz annually.

Canaccord Genuity reduces the target price to $1.75 from $1.85, maintaining a Buy rating.

FORECAST
Canaccord Genuity forecasts a full year FY24 dividend of 0.00 cents and EPS of 12.06 cents.
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 15.08 cents.
Access Extra Coverage Research History >

RSG STOCK CHART

FNArena News on RSG

1
Next Week At A Glance -18-22 Nov 2024

Nov 15 2024 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Nov 01, 2024

Nov 01 2024 - Daily Market Reports
3
In Brief: Aurum, Hillgrove & Little Green Pharma

Oct 25 2024 - Weekly Reports
4
Australian Broker Call *Extra* Edition – Oct 14, 2024

Oct 14 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Sep 04, 2024

Sep 04 2024 - Daily Market Reports

Latest Gold & Silver News

1
Unlocking Vault’s Golden Potential

Nov 14 2024 - Commodities
2
What Went Wrong With Newmont?

Nov 05 2024 - Australia
3
In Brief: Aurum, Hillgrove & Little Green Pharma

Oct 25 2024 - Weekly Reports
4
Perseus Mining Shares Ready To Run

Oct 22 2024 - Technicals
5
Gold & Dividends Shine For Northern Star

Sep 12 2024 - Australia
6
Cup And Handle For Capricorn Metals

Aug 06 2024 - Technicals
7
Bellevue Gold For Better Grades & Margins

Jul 08 2024 - Commodities
8
Is Gold Overvalued Or Is Silver Undervalued?

Jul 02 2024 - Commodities
9
Evolution Mining’s Spending Spree

Jun 28 2024 - Australia
10
Break-Out For Resolute Mining

Jun 04 2024 - Technicals