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$14.69M
Enterprise ValueAU$10.02M
Total Cash (Recent Filing)AU$3.27M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.06
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
Strong Balance SheetZero reported debt and materially expanded equity give the company durable financial flexibility for a junior explorer. This lowers near-term insolvency risk, reduces mandatory interest burdens, and makes it easier to fund sustained drilling or await farm-out terms without immediate distress.
Flexible Monetisation OptionsA business model that explicitly supports project sales, farm-outs and progressing projects toward production provides multiple, durable exit paths. That flexibility helps manage capital intensity: partners can fund exploration and the company can crystallise value without sole reliance on production cashflow.
Proven Ability To Generate Profit In 2024Reporting a profitable year demonstrates the company's ability to deliver exploration or asset outcomes that translate into meaningful financial upside. While not yet consistent, this outcome evidences operational or asset potential that can attract JV partners or buyers over the medium term.
Bears Say
Persistent Negative Cash FlowConsistent negative operating and free cash flow across 2020–2025 indicates the business cannot self-fund exploration or development. That structural cash burn forces reliance on external capital, constrains multi-year project schedules, and raises dilution or financing-risk over the medium term.
Highly Volatile Revenue And EarningsRevenue and earnings swings—including an annual revenue collapse to zero in 2025—show weak recurrence of cash-generating activity. Such volatility undermines margin sustainability and makes long-term planning, partner commitments, and consistent reinvestment in exploration programs unreliable.
Dependence On External FundingOngoing reliance on external funding is a structural weakness: capital raises or farm-outs are required to progress projects. This increases dilution and may force suboptimal asset sales or deals if market conditions tighten, reducing control over project timelines and 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$14.69M.
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 104 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 94%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$7.9K over
the Last 3 Months
the Last 3 Months
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
Operating within Australia, Reach Resources Limited specializes in the identification and assessment of potential mineral deposits. The firm's primary focus is gold, though it also conducts prospecting for nickel, cobalt, copper, and various other base metals. Among its assets is an ownership stake in the Primrose gold project, located to the northeast of Perth. Established in 2001, this entity, previously known as Cervantes Corporation Limited, maintains its principal corporate office in Perth, Australia.
Technical Analysis
Options Prices
Currently, No data available
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