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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$12.24M
Enterprise ValueAU$8.97M
Total Cash (Recent Filing)AU$3.27M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.26
Next Earnings
Sep 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding874,431,340
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 LeverageZero reported debt reduces financial risk and interest burden, giving Reach structural flexibility to fund exploration or await partner offers. A debt-free position lengthens runway and lowers bankruptcy risk, important for cyclical resource development timelines.
Expanded Equity BaseMaterial expansion of equity and a stronger capital base provide durable funding capacity for drilling, geophysics, and tenure retention. This eases near-term reliance on debt markets and can improve bargaining power in JV deals or farm-outs common in exploration funding.
Demonstrated Profitability PotentialA profitable year in 2024 shows the company can realize value from assets or transactions, demonstrating operational or transactional upside. While not yet repeatable, this proof point supports the case that exploration success or strategic disposals can materially improve earnings.
Bears Say
Persistent Negative Operating Cash FlowOperating cash flow negative every year (2020–2025) indicates persistent cash burn from exploration and operations. Continued negative cash flow forces reliance on external capital, risking dilution, curtailing activity in funding droughts, and constraining long-term project advancement.
Revenue Volatility / CollapseRevenue collapsing to zero in 2025 after a strong 2024 highlights volatile, non-recurring revenue streams tied to one-off events. This volatility undermines planning, makes sustained margin modeling difficult, and increases execution risk for multi-year development timelines.
Inconsistent ReturnsInconsistent returns—positive ROE in 2024 then negative in 2025—signal unstable project economics and execution. Variable returns reduce investor confidence, complicate capital allocation, and suggest exploration outcomes remain binary rather than delivering predictable returns.
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 196 days.
How were Reach Resources Limited’s earnings last quarter?
Currently, no data Available
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 874,431,340 shares outstanding.
What happened to Reach Resources Limited’s price movement after its last earnings report?
Currently, no data Available
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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10
Blogger Sentiment
Bullish
AU:RR1 Sentiment 84%
Sector Average 65%
Sector Average 65%
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
-6.63%
Trailing 12-Months
Asset Growth
-5.32%
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.