RESOLUTE MINING LIMITED (RSG)
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RSG - RESOLUTE MINING LIMITED

FNArena Sector : Gold & Silver
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 1.46
Index: ASX300 | ALL-ORDS

Resolute Mining is a gold producer with three mines in West Africa and one in Queensland, Australia. The company is listed on the ASX and the London Stock Exchange.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.345

02 Oct
2023

0.000

OPEN

$0.35

0.000

HIGH

$0.36

4,738,711

LOW

$0.34

TARGET
$0.59 71.0% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1M . ADT . ALK . AMI . AUT . BC8 . BEZ . BGL . CAI . CEL . CMM . CYL . DCN . DEG . EMR . EVN . EVR . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MGV . MZZ . NCM . NST . NVA . OBM . ORR . PDI . PNR . PRU . RED . RMS . RRL . SBM . SLR . SSR . STM . STN . SVL . TBR . TIE . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
RSG: 1
Title FY23
Forecast		 FY24
Forecast
EPS (cps) 7.2 xxx
DPS (cps) 0.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 4.8 xxx
Dividend Yield 2.6% xxx
Div Pay Ratio(%) 12.5% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 31/08 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-4.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx939.3 M
Book Value Per Share xxxxxxxxxxxxxxx37.6
Net Operating Cash Flow xxxxxxxxxxxxxxx131.1 M
Net Profit Margin xxxxxxxxxxxxxxx-5.23 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-6.63 %
Return on Invested Capital xxxxxxxxxxxxxxx-5.27 %
Return on Assets xxxxxxxxxxxxxxx-3.73 %
Return on Equity xxxxxxxxxxxxxxx-6.63 %
Return on Total Capital xxxxxxxxxxxxxxx1.69 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx39.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx146 M
Long Term Debt xxxxxxxxxxxxxxx62 M
Total Debt xxxxxxxxxxxxxxx208 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx121 M
Price To Book Value xxxxxxxxxxxxxxx0.53

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx97.8 M
Capex % of Sales xxxxxxxxxxxxxxx10.41 %
Cost of Goods Sold xxxxxxxxxxxxxxx831 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx92 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

24/08/2023

1

Outperform

$0.59

(08/09/2023)

71.01%

Resolute Mining's June-half result outpaced Macquarie's forecasts thanks to $64m in one-offsets related to FX and inventory gains, and provision reversals that yielded a beat on operating costs. Free cash flow proved a miss.

Management advised it was on track to meet 2023 guidance.

The company closed June 30 with net debt of US$37.1m (in line), excluding US$19.9m of bullion on hand.

2023 EPS forecasts rises 54% to reflect a net profit after tax beat. 2025 EPS forecasts fall -5% to reflect tax adjustments.

Outperform rating and 55c target price retained. 

FORECAST
Macquarie forecasts a full year FY23 dividend of 0.90 cents and EPS of 7.22 cents.
Macquarie forecasts a full year FY24 dividend of 1.05 cents and EPS of 12.34 cents.
Access Stockbroker Research History >

RSG STOCK CHART

FNArena News on RSG

1
Australian Broker Call *Extra* Edition – Sep 08, 2023

Sep 08 2023 - Daily Market Reports
2
Australian Gold Miners: Positive Signs

Aug 30 2023 - Technicals
3
FNArena Corporate Results Monitor – 24-08-2023

Aug 24 2023 - Australia
4
Australian Broker Call *Extra* Edition – May 04, 2023

May 04 2023 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Apr 19, 2023

Apr 19 2023 - Daily Market Reports

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