Reach Resources Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Gold
  • Company website

Company description

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, rare earth elements, lithium, niobium, manganese, and base metals. It has interests in the Primrose, Skyline, Morrissey Hill, Wabli Creek, and White Castles projects. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is headquartered in Perth, Australia.

Financial highlights

Market Capitalization$41.0157 million
P/E Ratio40.1056
P/E Growth Ratio
Book Value0.003
Dividend Per Share0
Earnings Per Share-0.0003
EBITDA
Profit Margin0
Operating Margin TTM-5.2486
Return on Assets TTM-0.0663
Return on Equity TTM-12.1904
Revenue TTM100

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-06-30 0.14
2018-06-30 0.48
2019-06-30 357.78 336.231
2020-06-30 0.05 276.112
2021-06-30 0.04 369.501
2022-06-30 0 546.037
2023-06-30 6.59

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-06-30 62.3 335.91 1,162.82 1,082.4 12,295.38
2018-06-30 272.97 1,966.83 1,543.39 1,257.4 13,863.76
2019-06-30 117.827 2,007.405 1,329.623 1,009 900 14,092.475
2020-06-30 149.136 2,153.349 1,369.74 1,011.8 0 14,115.475
2021-06-30 2,033.373 3,950.422 489.649 450 0 17,135.72
2022-06-30 1,134.288 6,083.594 555.449 450 19,654.579
2023-06-30 1,229.665 6,551.41 524.55 0 22,466.17

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2017-06-30 -246.96 39.4
2018-06-30 -243 210.67 272.97
2019-06-30 25.622 -239.38 -155.143 272.97 117.827
2020-06-30 82.827 -228.3 31.309 117.827 149.136
2021-06-30 -343.081 -728.89 1,884.237 149.136 2,033.373
2022-06-30 -451.487 -489.48 -899.085 2,033.373 1,134.288
2023-06-30 -2,659.8 95.377 1,134.288 1,229.665