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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$14.87M
Enterprise ValueAU$10.72M
Total Cash (Recent Filing)AU$3.27M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.90
Next Earnings
Mar 09, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
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 Balance SheetZero reported debt and conservative leverage materially reduce insolvency and liquidity risk for an exploration company. This durable strength increases flexibility to fund multi-stage exploration programs or wait for favorable JV/transaction terms without forced asset sales.
Expanded Equity BaseA materially larger equity base provides a longer funding runway for capital-intensive exploration activities and improves ability to attract partners or carry out strategic transactions. It lessens short-term refinancing pressure and reduces likelihood of abrupt dilution.
Demonstrated Profit PotentialReporting a profitable year in 2024 indicates the company can generate positive returns under favourable operational or market conditions. This suggests the underlying projects can be economic, supporting long-term upside if exploration success is repeatable.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow forces dependence on external financing to sustain exploration. Over months this raises dilution and execution risk, constrains ability to follow-up on discoveries, and can impede long-term project advancement absent new capital.
Highly Volatile RevenueSevere revenue swings and an annual collapse reduce visibility into future cash generation and undermine planning for multi-year exploration programs. This volatility makes budgeting, partner negotiations and steady project funding more difficult over a 2–6 month horizon.
Weak, Inconsistent EarningsRecurring losses and inconsistent returns mean profitability is not yet repeatable. For an exploration firm this elevates execution and investment risk and limits ability to self-fund development, increasing reliance on capital markets or partners for sustained operations.
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$14.87M.
When is Reach Resources Limited’s upcoming earnings report date?
Reach Resources Limited’s upcoming earnings report date is Mar 09, 2026 which is in 18 days.
How were Reach Resources Limited’s earnings last quarter?
Reach Resources Limited released its earnings results on Sep 03, 2025. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
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?
Reach Resources Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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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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.