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Resolute Mining
(Sydney:RSG)
Resolute Mining (RSG) vs. iShares MSCI Australia ETF (EWA)
Resolute Mining Business Overview & Revenue Model
Resolute Mining Earnings Call Summary
Resolute Mining Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 800.97M | 631.07M | 651.13M | 549.24M | 602.99M |
| Gross Profit | 219.63M | 113.34M | 93.92M | 46.57M | 104.19M |
| EBITDA | 28.01M | 109.91M | 99.29M | -190.20M | 276.75M |
| Net Income | -28.30M | 65.58M | -34.66M | -367.47M | -36.48M |
Balance Sheet | |||||
| Total Assets | 819.56M | 853.08M | 868.79M | 984.20M | 1.42B |
| Cash, Cash Equivalents and Short-Term Investments | 69.27M | 59.77M | 80.87M | 88.44M | 124.59M |
| Total Debt | 43.79M | 84.29M | 141.03M | 327.78M | 359.78M |
| Total Liabilities | 336.34M | 310.90M | 397.30M | 558.64M | 609.85M |
| Stockholders Equity | 537.76M | 590.15M | 543.43M | 495.63M | 835.74M |
Cash Flow | |||||
| Free Cash Flow | 10.19M | 34.77M | 23.12M | -11.11M | -41.03M |
| Operating Cash Flow | 115.01M | 106.45M | 90.91M | 45.11M | 42.44M |
| Investing Cash Flow | -70.39M | -68.90M | 15.17M | -25.07M | -52.98M |
| Financing Cash Flow | -36.52M | -57.35M | -97.84M | -49.49M | 16.61M |
Resolute Mining Technical Analysis
Resolute Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.54B | 10.43 | 1.37% | 3.00% | 2.29% | -33.47% | |
60 Neutral | $1.39B | 41.67 | -5.02% | ― | 27.79% | -144.05% | |
| ― | C$4.35B | 8.99 | 22.80% | 0.61% | ― | ― | |
| ― | $1.80B | 10.96 | 21.73% | ― | ― | ― | |
| ― | $1.67B | 25.10 | 18.72% | ― | ― | ― | |
| ― | $2.20B | ― | -0.38% | ― | ― | ― | |
| ― | $2.02B | 8.15 | 26.42% | 1.17% | ― | ― |
Resolute Mining Corporate Events
Resolute Mining Limited has issued 646,000 fully paid ordinary shares following the conversion of performance rights, as part of its compliance with the Corporations Act 2001. This issuance was conducted without the need for disclosure to investors, and the company has confirmed its adherence to relevant legal provisions, ensuring transparency and regulatory compliance.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Limited has announced the quotation of 646,000 new ordinary fully paid securities on the Australian Securities Exchange (ASX) as of July 21, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing operations, potentially impacting its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Ltd, a company listed on the stock market, has experienced a change in its substantial shareholders. Citigroup Global Markets Australia Pty Limited, along with its related corporate bodies, has ceased to be a substantial holder in Resolute Mining Ltd as of July 2, 2025. This change reflects a decrease in Citigroup’s relevant interest in the company’s shares, specifically due to securities lending agreements. This development may impact Resolute Mining’s market dynamics and shareholder structure, potentially influencing its future operations and stakeholder engagements.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
The Goldman Sachs Group, Inc. has ceased to be a substantial shareholder in Resolute Mining Limited as of July 1, 2025. This change in shareholding could impact Resolute Mining’s market dynamics and investor relations, as Goldman Sachs’ involvement often signifies a level of financial endorsement and stability.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Ltd has announced that Citigroup Global Markets Australia Pty Limited, along with its related corporate bodies, has become a substantial shareholder in the company as of July 1, 2025. Citigroup now holds a 7.3610% voting power in Resolute Mining, indicating a significant stake in the company’s ordinary fully paid shares. This development could impact Resolute Mining’s operations and market positioning, as Citigroup’s involvement may influence strategic decisions and shareholder dynamics.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Helikon Investments Limited has become a substantial holder in Resolute Mining Limited, acquiring a 6.9179% voting power through 147,286,546 fully paid ordinary shares. This acquisition indicates a significant investment by Helikon, potentially impacting Resolute Mining’s shareholder dynamics and market perception.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Limited has announced a change in substantial holdings, indicating that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder. This change is due to the purchase of securities by an entity controlled by Morgan Stanley, impacting the voting securities of the company.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Ltd has become a substantial holder in Mitsubishi UFJ Financial Group, Inc., a significant player in the financial services industry. This development indicates Resolute Mining’s strategic interest in Mitsubishi UFJ Financial Group, which holds considerable voting power in entities like Morgan Stanley and First Sentier Investors Holdings Pty Limited. The acquisition of these shares could impact Resolute Mining’s market positioning and influence within the financial sector.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining has announced that First Sentier Investors and its associated entities have ceased to be substantial holders in the company as of June 26, 2025. This change in substantial holding could impact Resolute Mining’s shareholder dynamics and influence its market strategies, as the company adjusts to the altered investment landscape.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining has announced a significant change in its shareholder structure, with First Sentier Investors Holdings Pty Limited and its subsidiaries acquiring a substantial voting power in the company. This development, effective from June 25, 2025, signifies a strategic move by Mitsubishi UFJ Financial Group, Inc., the ultimate parent of First Sentier, to consolidate its influence in Resolute Mining, potentially impacting the company’s future governance and strategic direction.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining has announced that State Street Corporation and its subsidiaries have become substantial holders in the company as of June 18, 2025. This development indicates a significant shift in the voting power and potential influence over Resolute Mining’s strategic decisions, as State Street Corporation now holds a substantial number of shares, which could impact the company’s future operations and market positioning.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Ltd has announced that Citigroup Global Markets Australia Pty Limited, along with its related corporate bodies, has become a substantial shareholder in the company as of June 17, 2025. Citigroup now holds a 7.1811% voting power in Resolute Mining, with a total of 152,888,840 ordinary fully paid shares. This development indicates a significant investment by Citigroup in Resolute Mining, which could impact the company’s market positioning and stakeholder interests.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining has announced the appointment of Gavin Harris as the new Chief Operating Officer, effective from July 1, 2025, following Geoff Montgomery’s decision to step down. Harris brings over 20 years of experience in mining, having held senior roles at notable companies and projects, including the Sukari Gold Mine, where he achieved significant production and cost efficiency milestones. His expertise is expected to drive Resolute’s operational growth and efficiency, particularly at the Syama and Mako mines and the upcoming Doropo project.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Limited has adopted the Fourth Edition of the Corporate Governance Principles and Recommendations by the ASX Corporate Governance Council, confirming adherence for the financial year ended 31 December 2024. The company emphasizes transparency, accountability, and a commitment to diversity and inclusion, with specific gender diversity targets set for 2025. The governance statement highlights the company’s strategic direction, risk management, and commitment to eliminating the gender pay gap.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Goldman Sachs Group, Inc. has become a substantial shareholder in Resolute Mining Limited, holding a 5.1608% voting power through various subsidiaries. This acquisition signifies a notable investment in the mining sector, potentially impacting Resolute Mining’s operations and market positioning by aligning with a major financial institution, which could influence stakeholder confidence and future strategic decisions.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Resolute Mining Limited held its 2025 Annual General Meeting, chaired by Andrew Wray, with key company executives and shareholders in attendance. The meeting included introductions of directors and executives, discussions on voting procedures, and plans to release poll results to the Australian Securities Exchange, highlighting the company’s commitment to transparency and shareholder engagement.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
Van Eck Associates Corporation has reduced its substantial holding in Resolute Mining Limited, decreasing its voting power from 8.13% to 7.12%. This change in shareholding could impact Resolute Mining’s stakeholder dynamics and influence within the company, as Van Eck adjusts its investment strategy.
Resolute Mining Limited announced the acquisition of the Doropo and ABC projects in Côte d’Ivoire, which are expected to enhance its gold production capabilities. This strategic move aligns with Resolute’s growth objectives and could potentially strengthen its market position in Africa. The company has set a production guidance for 2025 of 275,000 to 300,000 ounces of gold at an All-in Sustaining Cost (AISC) of $1,650 to $1,750 per ounce, indicating a focus on maintaining cost efficiency while expanding operations.
Resolute Mining Limited has announced the acquisition of the Doropo and ABC Gold Projects in Côte d’Ivoire from AngloGold Ashanti for $150 million. This strategic acquisition is expected to enhance Resolute’s portfolio by adding a high-quality, near-term production asset in a stable mining jurisdiction. The Doropo Project, which is at the definitive feasibility study stage, is anticipated to significantly boost Resolute’s annual gold production to over 500,000 ounces, complementing its existing operations. The acquisition is seen as a pivotal move to diversify and strengthen Resolute’s production profile, with the company planning to optimize and de-risk the project further. The development of Doropo is expected to be funded through existing liquidity and external debt facilities, with first production slated for mid-2028. This move aligns with Resolute’s strategy to grow as a leading gold producer in Africa, offering substantial value creation for stakeholders.
UBS Group AG and its related bodies corporate have ceased to be substantial shareholders of Resolute Mining Limited as of April 22, 2025. This change in shareholding could impact the company’s shareholder structure and influence its market dynamics, potentially affecting its operations and stakeholder interests.
Resolute Mining Limited has released its Q1 2025 Activities Report, confirming its production guidance for 2025 to be between 275,000 and 300,000 ounces of gold at an All-in Sustaining Cost (AISC) of $1,650-1,750 per ounce. This announcement reaffirms the company’s operational targets and cost management strategies, which are crucial for maintaining its competitive position in the gold mining industry. The report also highlights that all material assumptions and technical parameters underpinning the estimates of ore reserves and mineral resources remain unchanged, ensuring stakeholders of the stability and reliability of its resource estimates.
Resolute Mining Limited reported a strong start to 2025 with a decrease in total recordable injury frequency rate and robust cash flow generation, despite a slight decline in gold production. The company maintained its production and cost guidance, with significant progress in the Syama sulphide conversion project in Mali and promising exploration results from the Bantaco site in Senegal. Resolute’s financial position remains solid with increased net cash and ongoing efforts to create shareholder value through geographical diversification and exploration activities.