Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 408.59K | 0.00 | 0.00 | 0.00 | Gross Profit |
-51.00 | -433.00K | -409.00 | -887.00 | -864.00 | -611.00 | EBIT |
-783.88K | -2.13M | -2.32M | -2.38M | -2.02M | -1.22M | EBITDA |
-752.88K | -2.13M | -2.08M | -2.59M | -1.57M | 375.00K | Net Income Common Stockholders |
-3.04M | -2.85M | -2.67M | -2.62M | -1.63M | 5.16M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
6.00K | 38.00K | 155.00K | 457.00K | 56.00K | 124.17K | Total Assets |
19.41M | 19.30M | 19.17M | 19.34M | 18.26M | 12.36M | Total Debt |
4.76M | 3.79M | 2.42M | 1.70M | 1.08M | 1.12M | Net Debt |
4.75M | 3.75M | 2.26M | 1.24M | 1.02M | 1.06M | Total Liabilities |
7.56M | 6.63M | 4.84M | 2.89M | 4.43M | 2.85M | Stockholders Equity |
12.00M | 12.82M | 15.02M | 16.64M | 13.96M | 9.53M |
Cash Flow | Free Cash Flow | ||||
-726.90K | -2.19M | -1.85M | -1.99M | -734.00K | -1.23M | Operating Cash Flow |
-726.48K | -1.75M | -1.51M | -1.68M | -660.00K | -991.58K | Investing Cash Flow |
-132.43K | -437.00K | -344.00K | -149.00K | 845.00K | -1.51M | Financing Cash Flow |
824.98K | 2.13M | 1.82M | 2.24M | -202.00K | 251.27K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
51 Neutral | $2.03B | -1.27 | -21.09% | 3.98% | 2.91% | -30.50% | |
39 Underperform | £1.86M | ― | -22.79% | ― | ― | 46.15% | |
£3.42M | ― | -114.83% | ― | ― | ― | ||
£4.01M | ― | -25.13% | ― | ― | ― | ||
24 Underperform | £2.40M | ― | ― | ― | ― | ||
£1.67M | ― | -15.35% | ― | ― | ― | ||
£5.12M | ― | -48.69% | ― | ― | ― |
Red Rock Resources Plc announced the issuance of 426,829,268 ordinary shares to settle a £175,000 debt, with the shares expected to be admitted for trading on AIM around 9 May 2025. This move increases the company’s total ordinary share capital to 7,096,889,518 shares, impacting shareholder voting rights and potentially influencing market perceptions of the company’s financial strategy.
Spark’s Take on GB:RRR Stock
According to Spark, TipRanks’ AI Analyst, GB:RRR is a Underperform.
Red Rock Resources’ stock is under pressure due to significant financial challenges, including negative cash flow and profitability issues. Although technical indicators suggest some potential for future improvement, the company’s valuation is weak, with a negative P/E ratio and no dividend yield. Corporate events present both opportunities and risks, notably the legal proceedings in the DRC and recent share issuance to improve its financial standing.
To see Spark’s full report on GB:RRR stock, click here.
Red Rock Resources Plc announced the issuance of 146,636,298 new ordinary shares under its Share Incentive Plan for the 2024/25 tax year, with significant participation from its directors. This move is expected to impact the company’s share capital and voting rights, with the new shares set to be admitted to trading on AIM by 7 May 2025, potentially influencing shareholder interests and company transparency.
Spark’s Take on GB:RRR Stock
According to Spark, TipRanks’ AI Analyst, GB:RRR is a Neutral.
The overall stock score for Red Rock Resources reflects significant financial challenges, with poor financial performance due to negative revenue growth and high debt levels. While technical analysis indicates some short-term positive trends, the valuation remains unattractive due to negative earnings. Corporate events present both risks and opportunities, with legal proceedings and capital raises impacting the company’s strategic outlook.
To see Spark’s full report on GB:RRR stock, click here.
Red Rock Resources announced its unaudited half-yearly results for the six months ending December 2024, highlighting ongoing legal proceedings in the DRC over its copper-cobalt asset. A favorable outcome could significantly enhance the company’s value and operational capabilities, while a negative result could strain finances and necessitate asset disposals or restructuring. The company is also exploring potential transactions in Burkina Faso and anticipates renewed royalty payments from its Colombian gold asset.
Red Rock Resources Plc has announced the issuance of 71,428,571 new ordinary shares and an equal number of warrants as part of a subscription agreement with an existing shareholder. This move, which involves a cash advance of £25,000, will see the shares admitted to trading on AIM, increasing the company’s total voting rights to 6,523,423,952. The issuance aims to bolster the company’s financial position and potentially enhance its market operations, reflecting its strategic focus on expanding its resource exploration and development activities.
Red Rock Resources PLC has provided an update on its arbitration proceedings in the Democratic Republic of the Congo (DRC), highlighting that despite disruptions caused by regional instability, the company has managed to maintain progress and expectations. The company’s chairman, Andrew Bell, emphasizes their commitment to resolving the matter swiftly, underscoring the importance of their local partnerships and consistent efforts to mitigate delays.