Resources & Energy Group Limited (REZ) AI Stock Analysis

• Market Cap: AU$12.09M
• Dividend Yield: N/A
• Average Volume (3M): 436.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.37
• Revenue Growth: N/A
• EPS Growth: 45.31%
• Country: AU
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 671,639,100
• 10 Day Avg. Volume: 414,672
• 30 Day Avg. Volume: 436,760
• PEG Ratio: <0.01
• Price to Book (P/B): 1.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 31 Underperform
• Price Target: ―

Resources & Energy Group Limited faces significant challenges with no revenue generation, consistent financial losses, and weak technical indicators. The company's debt-free balance sheet offers some stability, but the lack of operational cash flow is a critical concern. Valuation metrics are poor due to negative earnings, resulting in a low overall stock score.

Resources & Energy Group Limited Business Overview & Revenue Model

Company Description

Resources & Energy Group Limited (REZ) is an Australian-based exploration and development company primarily engaged in the mining sector. The company focuses on the exploration and development of mineral resources, with a particular emphasis on gold and other precious metals. REZ operates several mining projects across Australia, aiming to discover and develop economically viable mineral deposits to create shareholder value.

How the Company Makes Money

Resources & Energy Group Limited generates revenue through the exploration, development, and eventual production of mineral resources, primarily gold. The company invests in identifying and developing mining projects that have the potential to yield valuable minerals. Once these projects are operational, REZ earns money by extracting and selling the metals. The company's key revenue streams include the sale of mined gold and other by-products. Additionally, REZ may enter into joint ventures or partnerships with other mining companies to share resources and risks, thereby enhancing its revenue potential. The company's earnings are influenced by factors such as commodity prices, exploration success, and operational efficiency.

Resources & Energy Group Limited Financial Statement Overview

Summary

Resources & Energy Group Limited faces significant operational and financial challenges with no revenue generation and consistent losses. Although the company maintains a debt-free balance sheet, the lack of operational cash flow and continued financial strain highlight the need for strategic adjustments to improve overall financial health.

Income Statement

Resources & Energy Group Limited has consistently reported zero revenue over the years, indicating operational challenges in generating sales. The company faces significant losses with negative EBIT and EBITDA margins, as well as a deteriorating net income, reflecting poor profitability and financial strain.

Balance Sheet

The balance sheet shows a relatively strong equity position with no debt, leading to a stable equity ratio. However, the absence of revenue and consistent net losses raise concerns about the sustainability of the company's equity position in the long term.

Cash Flow

The company has consistently reported negative operating and free cash flows, indicating that it struggles to generate cash from its operations. Despite occasional financing activities, the lack of positive cash flow from operations is a significant concern.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-964.00	-1.77K	-1.33K	-1.24M	-1.04K	-27.21K
EBITDA	-568.33K	-1.24M	-3.12M	-1.80M	-1.47M	-1.42M
Net Income	-569.32K	-1.24M	-3.12M	163.79K	-1.47M	-1.45M
Balance Sheet
Total Assets	11.16M	11.81M	10.77M	13.75M	10.07M	8.56M
Cash, Cash Equivalents and Short-Term Investments	222.35K	1.06M	724.98K	3.86M	1.04M	1.36M
Total Debt	0.00	0.00	0.00	0.00	0.00	116.30K
Total Liabilities	1.80M	1.48M	1.09M	1.02M	863.59K	1.09M
Stockholders Equity	7.00M	7.97M	7.32M	10.37M	6.84M	5.11M
Cash Flow
Free Cash Flow	―	-1.08M	-3.13M	283.14K	-3.69M	-3.80M
Operating Cash Flow	―	-534.44K	-1.11M	2.29M	-1.48M	-2.21M
Investing Cash Flow	―	-545.81K	-2.02M	-2.00M	-1.80M	4.88K
Financing Cash Flow	―	1.43M	0.00	2.54M	2.95M	2.52M

Resources & Energy Group Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:REZ, the sentiment is Neutral. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.19 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:REZ.

Resources & Energy Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NST	78 Outperform	$27.53B	23.97	11.01%	2.52%	25.11%	28.88%
WAF	71 Outperform	$2.49B	10.52	21.73%	―	9.95%	44.59%
BGL	54 Neutral	AU$1.29B	12.02	14.70%	―	861.38%	―
TLM	51 Neutral	$32.96M	―	-20.67%	―	―	4.00%
GML	51 Neutral	AU$11.04M	4.29	8.76%	―	―	―
Sector *	43 Neutral	AU$1.35B	-6.08	-40.62%	4.25%	-4.78%	-43.21%
REZ	31 Underperform	AU$12.09M	―	-32.36%	―	―	45.31%

Resources & Energy Group Limited Corporate Events

Resources & Energy Group Advances Gold Production with Successful Trial and Strategic Divestment

Resources & Energy Group Limited has successfully completed its first gold doré pour from a trial vat leach program at the East Menzies Gold Project, marking a significant milestone in its operations. The trial’s success validates the vat leaching method as an effective gold recovery process and positions the company for expansion, with plans to scale up operations by processing up to 40,000 tonnes of material. This development is timely given the record-high gold prices, which enhance the company’s cash flow potential. Additionally, the sale of the Mount Mackenzie Project has strengthened REZ’s balance sheet, allowing it to focus on expanding its Western Australian gold production.

Resources & Energy Group Sells Mount Mackenzie Gold Project to QMines

Resources & Energy Group Limited has entered into a binding agreement to sell its Mount Mackenzie Gold Project in Queensland to QMines Limited for $2.485 million. This transaction allows REZ to focus on its East Menzies Gold Project in Western Australia, enhancing its strategic position and financial strength. The sale aligns with QMines’ strategy to expand its portfolio of gold and copper assets in Queensland, positioning it for further growth in the region.

Resources & Energy Group Updates Half-Year Financial Report

Resources & Energy Group Limited has released an updated version of its half-year financial report for the period ending 31 December 2024. The update includes the auditors’ signatures, which were missing in the previous version, but no other changes have been made. This update ensures compliance and transparency in the company’s financial reporting, maintaining trust with stakeholders and aligning with industry standards.

Resources & Energy Group Limited Releases Half-Year Financial Report

Resources & Energy Group Limited has released its half-year financial report for the period ending December 31, 2024. This report, authorized by the Board, provides stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.