Reach Resources Limited (AU:RR1)
ASX:RR1
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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$12.24M
Enterprise ValueAU$8.08M
Total Cash (Recent Filing)AU$3.27M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.98
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 across 2024–2025 and a conservative leverage position materially reduce solvency and refinancing risk for a junior explorer. This structural balance sheet strength provides optionality to sustain multi-stage exploration programs and to negotiate farm-outs without immediate liquidity stress.
Expanded Equity BaseA materially larger equity base improves the company's capitalization and lengthens runway for capital-intensive drilling and permitting activities. Structurally this makes it easier to absorb exploration spend, lowers near-term dilution pressure per financing round, and can enhance attractiveness to JV partners seeking well-capitalised counterparties.
Flexible Junior Exploration ModelA business model with multiple monetisation routes (asset sales, farm-outs, JV funding or advancement to development) provides durable strategic flexibility. This lets management crystallise value via partnerships or staged funding, reducing sole reliance on self-funded development and aligning incentives with larger industry participants.
Bears Say
Persistent Negative Cash FlowConsistent negative operating and free cash flow across multiple years signals the business does not generate internal funding for exploration or overheads. Structurally this creates dependence on external capital, which can dilute shareholders, constrain project continuity, and raise execution risk if capital markets tighten or partner funding is delayed.
Volatile, Unreliable RevenueLarge swings in annual revenue, including an annual drop to zero, undermine the company's ability to plan multi-year programs or sustain operating costs from internal receipts. This structural revenue instability weakens margin predictability and complicates securing long-term JV commitments or financing on favourable terms.
Inconsistent ProfitabilityEpisodic profitability with losses in most years and one profitable outlier indicates execution and earnings are not yet repeatable. Over the medium term this undermines confidence in operational scalability, increases perceived risk for partners and lenders, and may force more dilutive or costly funding arrangements to maintain exploration momentum.
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$12.24M.
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 125 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
Neutral
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Blogger Sentiment
Bullish
AU:RR1 Sentiment 87%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$7.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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.
Technical Analysis
Options Prices
Currently, No data available
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