Resources & Energy Group Limited (AU:REZ)
ASX:REZ
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Resources & Energy Group Limited
(Sydney:REZ)
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Rating:45Neutral
Price Target:
AU$0.01
â–˛(20.00% Upside)
Action:Reiterated
Date:06/24/26
The score is held down primarily by weak financial performance—persistent losses and ongoing cash burn—despite the mitigating factor of a debt-free balance sheet. Technical indicators add only modest support, with generally weak/neutral momentum signals, and valuation metrics are not favorable due to a negative P/E and no dividend yield provided.
Positive Factors
Low leverage / debt-free balance sheet
A zero-debt balance sheet materially lowers insolvency and refinancing risk for a cyclical mining operator. It preserves financial flexibility to fund operations or sustain development through equity or cash, reducing fixed interest burdens that can amplify stress in down cycles.
Negative Factors
Persistent unprofitability
Large recurring net losses and deeply negative margins indicate the cost base outstrips current production revenues. Without sustainable margin improvement through higher output or lower costs, profitability is unlikely to stabilize, constraining long-term value creation.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / debt-free balance sheet
A zero-debt balance sheet materially lowers insolvency and refinancing risk for a cyclical mining operator. It preserves financial flexibility to fund operations or sustain development through equity or cash, reducing fixed interest burdens that can amplify stress in down cycles.
Read all positive factors
Resources & Energy Group Limited (REZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$13.01M
Dividend YieldN/A
Average Volume (3M)1.77M
Price to Earnings (P/E)―
Beta (1Y)0.06
Revenue GrowthN/A
EPS Growth80.00%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding929,277,340
10 Day Avg. Volume1,915,304
30 Day Avg. Volume1,765,454
Financial Highlights & Ratios
PEG Ratio-0.17
Price to Book (P/B)1.37
Price to Sales (P/S)78.33
P/FCF Ratio-7.85
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
Resources & Energy Group Limited Business Overview & Revenue Model
Company Description
Operating from Australia, Resources & Energy Group Limited specializes in the discovery, development, and extraction of gold and silver resources. A cornerstone of its activities is the East Menzies Gold project, an extensive operation situated to...
How the Company Makes Money
REZ primarily makes money from the sale of gold produced from its mining operations. Revenue is generated by extracting ore, processing it into gold (e.g., dore or bullion), and selling the produced gold into the market, typically at prices linked...
Resources & Energy Group Limited Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
63
Positive
Cash Flow
21
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 153.44K | 153.44K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.27M | -750.33K | -1.77K | -1.33K | -1.24M | -1.04K |
| EBITDA | -1.51M | -2.12M | -1.24M | -3.12M | -1.80M | -1.47M |
| Net Income | -440.69K | -2.15M | -1.24M | -3.12M | 163.79K | -1.47M |
Balance Sheet | ||||||
| Total Assets | 13.69M | 11.04M | 11.81M | 10.77M | 13.75M | 10.07M |
| Cash, Cash Equivalents and Short-Term Investments | 2.30M | 17.35K | 1.06M | 704.98K | 3.86M | 1.02M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.61M | 2.36M | 1.48M | 1.09M | 1.02M | 863.59K |
| Stockholders Equity | 12.16M | 8.76M | 7.97M | 7.32M | 10.37M | 6.84M |
Cash Flow | ||||||
| Free Cash Flow | -1.55M | -1.53M | -1.08M | -3.13M | 283.14K | -3.69M |
| Operating Cash Flow | -1.55M | -1.24M | -534.44K | -1.11M | 2.29M | -1.48M |
| Investing Cash Flow | 584.22K | -295.44K | -545.81K | -2.02M | -2.00M | -1.80M |
| Financing Cash Flow | 3.03M | 488.49K | 1.43M | 0.00 | 2.54M | 2.95M |
Resources & Energy Group Limited Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
0.02
Negative
Market Momentum
<0.01
Positive
44.53
Neutral
6.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:REZ, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 44.53 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:REZ.
Resources & Energy Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$23.17M | -7.64 | -88.16% | ― | ― | 16.00% | |
47 Neutral | AU$12.31M | -5.19 | -11.93% | ― | ― | ― | |
45 Neutral | AU$13.01M | -20.00 | -4.21% | ― | ― | 80.00% | |
44 Neutral | AU$12.64M | -4.35 | -14.17% | ― | 3.74% | 4.17% | |
44 Neutral | AU$22.80M | -5.13 | -22.98% | ― | ― | 20.95% | |
41 Neutral | AU$12.78M | -1.94 | -202.96% | ― | ― | 41.01% |
* Basic Materials Sector Average
AU:REZ
Resources & Energy Group Limited
0.01
>-0.01
-22.22%
AU:NAG
Nagambie Resources Limited
0.01
>-0.01
-33.33%
AU:KAL
Kalgoorlie Gold Mining Limited
0.03
-0.01
-32.50%
AU:OZM
OzAurum Resources Ltd.
0.08
0.02
30.65%
AU:HMG
Hamelin Gold Limited
0.12
0.05
64.29%
AU:FG1
Flynn Gold Ltd.
0.02
>-0.01
-32.26%
Resources & Energy Group Limited Corporate Events
Resources & Energy Group to brief investors on progress at East Menzies gold project
Jun 24, 2026
Resources Energy Group Limited, an Australian gold exploration and development company, is advancing its flagship East Menzies Gold Project in Western Australia’s northern goldfields. The project spans a substantial landholding with multipl...
REZ drilling extends gold mineralisation at East Menzies Goodenough prospect
Jun 23, 2026
Resources Energy Group reported results from an 18-hole reverse circulation drilling program completed in early 2026 at its East Menzies Gold Project, north of Kalgoorlie. The campaign targeted the Goodenough, Gigante Grande and Maranoa prospects...
Resources & Energy Group Seeks ASX Quotation for New Shares and Options
Jun 17, 2026
Resources Energy Group Limited has applied for quotation on the ASX of 2,900,000 new fully paid ordinary shares and 1,250,000 options, with the securities issued in mid-June 2026 under the company’s existing capital management arrangements....
REZ strikes fully funded gold mining deal for Maranoa deposit
Jun 16, 2026
Resources Energy Group has signed a binding term sheet with Rembrandt Mining for the mining and production of gold from its wholly owned Maranoa Gold Deposit at the East Menzies Gold Project in Western Australia. Under the structure, REZ retains ...
REZ Lifts Goodenough Gold Resource as East Menzies Drilling Ramps Up
Apr 30, 2026
Resources Energy Group reported strong exploration activity at its East Menzies Gold Project during the March 2026 quarter, completing two reverse circulation drilling campaigns totalling 23 holes and 2,766 metres. The work concentrated on the Gi...
REZ completes second 2026 drilling campaign at Goodenough gold deposit
Apr 15, 2026
Resources Energy Group has completed its second reverse circulation drilling campaign of 2026 at the Goodenough Gold Deposit within the East Menzies Gold Project in Western Australia. The program comprised 798 metres across five holes, aimed at t...
Resources & Energy Group Grants Shares, Options and Performance Rights to Director Nominee
Apr 12, 2026
Resources Energy Group Limited has adjusted the equity holdings of director J Daniel Moore through the issue of new securities to his nominee, Arthur Phillip Nominees Pty Limited. The transaction was approved by shareholders at a 7 April 2026 gen...
Resources & Energy Group Updates Market on Director’s Increased Equity Holding
Apr 12, 2026
Resources Energy Group Limited has updated the market on a change in director Richard Poole’s indirect interests, following shareholder approval at a recent general meeting. The update details the issue of equity to an associated entity, re...
Resources & Energy Group Updates Market on Director Equity Issuances
Apr 12, 2026
Resources Energy Group Limited has updated the market on changes to director Gavin Rezos’s interests following shareholder approval at a 7 April 2026 general meeting. The company issued 3,571,428 ordinary shares and 1,785,714 options to his...
Resources & Energy Group Starts RC Drilling to Grow Goodenough Gold Resource
Apr 9, 2026
Resources Energy Group has commenced a reverse circulation drilling program at the Goodenough deposit within its East Menzies Gold Project in Western Australia. The campaign follows a recent upgrade of the Goodenough mineral resource to 1.36 mill...
Top 20 Investors Control Over 63% of Resources & Energy Group’s Unlisted Options
Apr 9, 2026
Resources Energy Group Limited has released an updated top holders report for its unlisted options exercisable at $0.04 and expiring on 25 June 2027, detailing the largest 20 option holders. The report shows a concentrated register in which the t...
Resources & Energy Group Seeks ASX Quotation for 153 Million REZAR Options
Apr 9, 2026
Resources Energy Group Limited has applied to the ASX for quotation of a new class of options, designated REZAR, totalling 153,285,713 securities. These options include 56,500,000 that were on issue prior to December 2025 and a further 96,785,712...
Resources & Energy Group Issues 96.8 Million Unquoted Options to Bolster Capital Structure
Apr 9, 2026
Resources Energy Group Limited, an Australian resources and energy company listed on the ASX as REZ, focuses on exploration and development projects aimed at growing its position in the mining and energy sectors. The company operates within a com...
Resources & Energy Group Options Lapse, Simplifying Capital Structure
Apr 8, 2026
Resources Energy Group Limited has reported the cessation of 15,000,000 listed options with the code REZAN, which were scheduled to expire on 30 September 2025 with an exercise price of A$0.05. The options lapsed unexercised, resulting in a reduc...
Resources & Energy Group launches highly speculative Class A options offer
Apr 8, 2026
Resources Energy Group Limited has issued a transaction-specific options prospectus dated 7 April 2026 for an offer of up to 96,785,712 Class A Options. The offer covers options to placement participants, participating directors receiving shares ...
Resources & Energy Group Issues 27 Million Unquoted Performance Rights
Apr 7, 2026
Resources Energy Group Limited has notified the market of the issuance of 27,000,000 new performance rights under its employee incentive scheme, which will not be quoted on the ASX. The move expands the company’s pool of unquoted equity sec...
REZ issues director placement shares under cleansing notice
Apr 7, 2026
Resources Energy Group Limited has issued 10,714,284 new ordinary shares at 1.4 cents each to its directors, following shareholder approval at a meeting held on 7 April 2026. The placement strengthens director alignment with the company while mod...
Resources & Energy Group Seeks ASX Quotation for Over 10.7 Million New Shares
Apr 7, 2026
Resources Energy Group Limited has applied to the ASX for quotation of 10,714,285 new ordinary fully paid shares, to be issued on 7 April 2026 under the ticker REZ. The new share quotation, arising from previously announced transactions, will exp...
Resources & Energy Group to Issue 20 Million Options in Capital Raising Move
Apr 1, 2026
Resources Energy Group Limited has notified the ASX of a proposed issue of new securities as part of a placement or similar capital-raising initiative. The company plans to issue up to 20 million REZAR options, each exercisable at $0.04 and expir...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.