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Red Hill Iron Limited
(Sydney:RHI)
Red Hill Iron Limited (RHI) vs. iShares MSCI Australia ETF (EWA)
Red Hill Iron Limited Business Overview & Revenue Model
Red Hill Iron Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 3.79M | 1.37M | 1.24M | 148.33K | 1.42K | 3.72K | Gross Profit |
| 3.65M | 1.37M | 971.33K | 105.09K | 1.42K | 3.72K | EBIT |
| -1.53M | -4.61M | -2.33M | 195.62M | -1.67M | -464.92K | EBITDA |
| 199.58M | -5.55M | -2.05M | 195.66M | 0.00 | 0.00 | Net Income Common Stockholders |
| 158.29M | 153.56M | -2.26M | 143.59M | -1.65M | -497.73K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 64.04M | 22.45M | 39.27M | 69.05M | 92.03K | 651.17K | Total Assets |
| 89.75M | 242.12M | 53.93M | 79.62M | 10.11M | 10.68M | Total Debt |
| 164.74K | 253.78K | 277.55K | 176.27K | 0.00 | 0.00 | Net Debt |
| -63.88M | -22.20M | -38.99M | -68.87M | -92.03K | -651.17K | Total Liabilities |
| 6.90M | 47.61M | 641.02K | 13.51M | 333.55K | 39.74K | Stockholders Equity |
| 82.85M | 194.50M | 53.29M | 66.12M | 9.78M | 10.64M |
| Cash Flow | Free Cash Flow | ||||
| -43.56M | -3.88M | -16.85M | -42.85M | -559.14K | -521.75K | Operating Cash Flow |
| -38.57M | 399.59K | -13.72M | -42.54M | -559.14K | -521.75K | Investing Cash Flow |
| 195.01M | -4.28M | -3.13M | 199.69M | 0.00 | -521.75K | Financing Cash Flow |
| -115.61M | -12.94M | -12.93M | -87.29M | 1.05M | 1.05M |
Red Hill Iron Limited Technical Analysis
Red Hill Iron Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$48.22B | 8.15 | 20.21% | 6.38% | -11.33% | -32.11% | |
72 Outperform | $195.28B | 11.30 | 26.20% | 3.96% | -2.47% | 57.01% | |
63 Neutral | AU$207.13M | 1.30 | 257.93% | 1.86% | ― | ― | |
61 Neutral | C$2.36B | 14.63 | 10.03% | 5.00% | -9.27% | -56.88% | |
61 Neutral | $324.38M | 56.60 | -35.86% | ― | -39.92% | -249.60% | |
59 Neutral | $4.86B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
51 Neutral | $2.04B | -1.15 | -21.24% | 3.95% | 2.91% | -30.44% |
Red Hill Iron Limited Corporate Events
Red Hill Minerals Limited has announced the commencement of a diamond drilling program at the Barkley Gold target within its West Pilbara Gold and Base Metal Project. This initiative, funded in part by the Western Australian State Government’s Exploration Incentive Scheme, aims to enhance geological understanding and assess the mineralization potential along the Deepdale Fault system. The drilling program is expected to provide critical insights into the region’s gold and base metal prospectivity, potentially expanding Red Hill’s exploration efforts.
Eastern Metals Ltd, a company listed on the ASX, has entered into a binding agreement to sell its 1.5% net smelter royalty from the Thomson Project to Red Hill Minerals Ltd for $220,000. This transaction follows Eastern Metals’ previous divestment of the Thomson Project to Legacy Minerals Holdings Ltd, which included the grant of this royalty. The sale is contingent upon Red Hill completing due diligence and executing necessary deeds, with exclusivity rights held by Red Hill until completion.
Red Hill Minerals Limited reported a strong financial performance for the March 2025 quarter, with a royalty revenue of $3.35 million from the Onslow Iron Project and a cash balance of $66.1 million. The company announced a dividend of $0.03 per share and executed an agreement to acquire a 2% royalty over the Sandstone Gold Project. Operationally, Red Hill completed several surveys and preparations for drilling in its West Pilbara and Curnamona joint venture projects, indicating a strategic focus on expanding its exploration footprint and enhancing its resource base.
Red Hill Minerals Limited has announced its acquisition of a 2% Gross Revenue Royalty over the Sandstone Gold Project tenements, which are part of Brightstar Resources Limited’s project. This strategic purchase aligns with Red Hill’s goal to diversify its royalty portfolio. The Sandstone Gold Project covers approximately 443 km2 and contains significant mineral resources, with Brightstar planning an extensive exploration program. The acquisition involves a $4 million cash payment and additional contingent payments based on future production royalties. This move is expected to enhance Red Hill’s market position and stakeholder value by tapping into the potential of the Sandstone Gold Project.
Red Hill Minerals Limited has announced a dividend distribution of AUD 0.03 per share for its ordinary fully paid securities, covering the six-month period ending December 31, 2024. The ex-dividend date is set for April 29, 2025, with a record date of April 30, 2025, and payment scheduled for May 14, 2025. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders, potentially impacting investor sentiment and market positioning.
Red Hill Minerals Limited has announced a dividend payment of $0.03 per ordinary share, fully franked at 25%, for the half year ending December 2024. The company has also adopted a new dividend policy targeting semi-annual payments, with 50% of the royalties from the Onslow Iron Project allocated for dividends. This policy aims to balance shareholder returns with funding for exploration and potential value-adding opportunities.
Red Hill Minerals Limited has released its half-year financial report, detailing the company’s financial performance and position. The report includes various financial statements such as the statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational efficiency over the past six months, which is crucial for assessing its future prospects and strategic direction.