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

$0.63

22 Jul
2024

-0.015

OPEN

$0.64

-2.33%

HIGH

$0.65

6,808,581

LOW

$0.63

TARGET
$0.625 -0.8% downside
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 . NEM . NST . NVA . OBM . PDI . PNR . PRU . RED . RMS . RRL . RXL . RXM . SBM . SPR . SSR . STM . STN . SVL . TBR . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
RSG: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 17.4 xxx
DPS (cps) 1.1 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 3.6 xxx
Dividend Yield 1.7% xxx
Div Pay Ratio(%) 6.1% 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

0.5

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

24/06/2024

1

Outperform

$0.70

11.11%

Macquarie has updated commodity forecasts and retains an overweight view on aluminum, nickel and met coal with an underweight view of iron ore, lithium and thermal coal, with a neutral view on gold.

The broker adjusts the Resolute Mining earnings forecasts by 26% for 2024 and 62% for 2025.

Outperform rating maintained. Target price raised to 70c from 60c.

FORECAST
Macquarie forecasts a full year FY24 dividend of 1.07 cents and EPS of 17.39 cents.
Macquarie forecasts a full year FY25 dividend of 1.22 cents and EPS of 26.23 cents.
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

16/07/2024

1

Buy

$1.55

146.03%

Canaccord Genuity anticipates further upside for both the gold price and gold equities supported by pending rate cuts and strong margin growth, respectively.

The broker raises its 2024-29 gold price forecasts by an average of 3.4% and increases the long-term (from 2030) estimate by 5% to US$2,712/oz. For silver, the long-term price is increased by 20% to US$33.58/oz.

Across Canaccord's research coverage of developers and explorers, price targets rise by 3% on average, after FY25 and FY26 earnings (EBITDA) forecasts increase by 2% and 3%, respectively, on the higher gold price estimates.

Resolute Mining is among the broker's best producer ideas. The Buy rating is maintained and the target increased to $1.55 from $1.40.
Access Stockbroker Research History >

RSG STOCK CHART

FNArena News on RSG

1
Rudi’s View: Rate Cuts, Growth & Small Caps

Jul 18 2024 - Rudi's View
2
Australian Broker Call *Extra* Edition – Jul 17, 2024

Jul 17 2024 - Daily Market Reports
3
Rudi’s View: Gold, Healthcare, Staples & Copper

Jul 11 2024 - Rudi's View
4
Break-Out For Resolute Mining

Jun 04 2024 - Technicals
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Australian Broker Call *Extra* Edition – May 30, 2024

May 30 2024 - Daily Market Reports

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