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

$0.39

17 Dec
2024

-0.010

OPEN

$0.40

-2.50%

HIGH

$0.40

14,338,459

LOW

$0.38

TARGET
$0.55 41.0% upside
Franking for last dividend paid out: 0%
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FNARENA'S MARKET CONSENSUS FORECASTS
RSG: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 16.2 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 2.6 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A 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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

25/11/2024

3

Downgrade to Hold from Accumulate

$0.50

28.21%

Ord Minnett lowers its target for Resolute Mining to 50c from 90c and downgrades to Hold from Accumulate after allowing for a material increase in sovereign risk for the Syama gold mine in Mali.

Management has agreed to settle alleged tax and other claims (for -US$160m) made against the company by the governing military junta.

A new mining code allows the state to take up to 30% in new projects and removes tax exemptions for miners, explains the broker.
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

348.72%

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 12.09 cents.
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 15.11 cents.
Access Extra Coverage Research History >

RSG STOCK CHART

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