Reach Resources Limited (AU:RR1)
ASX:RR1
RR1 Stock Chart & Stats
AU$0.01
<AU$0.01(14.29%)
At close: 4:00 PM EST
AU$0.01
<AU$0.01(14.29%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.02
Previous CloseN/A
Volume310.00K
Average Volume (3M)2.77M
Market Cap
AU$11.02M
Enterprise ValueAU$8.91M
Total Cash (Recent Filing)AU$3.27M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta2.03
Next Earnings
Sep 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding1,224,203,900
10 Day Avg. Volume2,774,501
30 Day Avg. Volume2,767,016
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.50
Price to Sales (P/S)0.00
P/FCF Ratio-2.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetZero reported debt and materially expanded equity strengthen financial flexibility over the medium term. That conservatism reduces refinancing risk and gives management optionality to fund exploration or joint ventures without immediate debt pressure, supporting durable operational runway.
Focused Mineral Exploration ModelA clear, focused exploration business model concentrated on Australian tenements supports repeatable project workflows and local regulatory knowledge. This specialization aids efficient allocation of capital, partnerships, and the potential to monetize discoveries through farm-outs or transactions over time.
Ability To Deliver Profitable YearReporting a profitable year (2024) demonstrates the company can realize value from exploration or transactions under favorable conditions. This outcome indicates underlying project optionality and suggests profitability is achievable if exploration success and market conditions align.
Bears Say
Persistent Negative Operating Cash FlowConsistent negative operating and free cash flow across multiple years implies ongoing cash burn and dependence on external funding. Over 2–6 months this undermines financial resilience, risks dilution from capital raises, and constrains the pace and scale of exploration programs.
Highly Volatile Revenue And ProfitsLarge swings from a strong profitable year to revenue collapsing to zero signal unpredictable project monetization and earnings. This volatility makes planning, partner commitments, and multi-year investment decisions more uncertain, raising execution and financing risks.
Inconsistent Returns On EquityFluctuating ROE indicates the company struggles to consistently convert capital into sustainable returns. For long-term investors and potential JV partners, this uneven performance signals elevated operational risk and uncertainty about repeatable margin generation.
Reach Resources Limited News
RR1 FAQ
What was Reach Resources Limited’s price range in the past 12 months?
Reach Resources Limited lowest share price was <AU$0.01 and its highest was AU$0.02 in the past 12 months.
What is Reach Resources Limited’s market cap?
Reach Resources Limited’s market cap is AU$11.02M.
When is Reach Resources Limited’s upcoming earnings report date?
Reach Resources Limited’s upcoming earnings report date is Sep 23, 2026 which is in 173 days.
How were Reach Resources Limited’s earnings last quarter?
Reach Resources Limited released its earnings results on Mar 11, 2026. The company reported AU$0 earnings per share for the quarter, the consensus estimate of N/A by AU$0.
Is Reach Resources Limited overvalued?
According to Wall Street analysts Reach Resources Limited’s price is currently Overvalued.
Does Reach Resources Limited pay dividends?
Reach Resources Limited does not currently pay dividends.
What is Reach Resources Limited’s EPS estimate?
Reach Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Reach Resources Limited have?
Reach Resources Limited has 1,224,203,900 shares outstanding.
What happened to Reach Resources Limited’s price movement after its last earnings report?
Reach Resources Limited reported an EPS of AU$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went up 7.692%.
Which hedge fund is a major shareholder of Reach Resources Limited?
Currently, no hedge funds are holding shares in AU:RR1
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Reach Resources Limited Stock Smart Score
Underperform
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Blogger Sentiment
Bullish
AU:RR1 Sentiment 84%
Sector Average ―
Sector Average ―
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
―
20 days / 200 days
Momentum
18.18%
12-Months-Change
Fundamentals
Return on Equity
-7.09%
Trailing 12-Months
Asset Growth
-3.50%
Trailing 12-Months
Company Description
Reach Resources Limited
Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, as well as for nickel, cobalt, copper, and base metals. It holds interests in the Primrose gold project located in the northeast of Perth. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is headquartered in Perth, Australia.