How to buy Red River Resources (RVR) shares
Learn how to easily invest in Red River Resources shares.
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Red River Resources is an other industrial metals & mining business based in Australia. Red River Resources shares (RVR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Red River Resources has a trailing 12-month revenue of around $118.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Red River Resources
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Red River Resources . Find the share by name or ticker symbol: RVR. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Red River Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Red River Resources . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Red River Resources key stats
- Compare share trading platforms
- Is Red River Resources stock a buy or sell?
- Red River Resources performance over time
- Are Red River Resources shares over-valued?
- Red River Resources 's financials
- How volatile are Red River Resources shares?
- Does Red River Resources pay a dividend?
- Have Red River Resources shares ever split?
- Other common questions
Red River Resources stock price (ASX:RVR)Use our graph to track the performance of RVR stocks over time.
Red River Resources shares at a glance
|52-week range||$0.145 - $0.285|
|50-day moving average||$0.1939|
|200-day moving average||$0.1989|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.011|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Red River Resources stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Red River Resources price performance over time
|1 week (2022-01-17)||5.00%|
|1 month (2021-12-24)||13.51%|
|3 months (2021-10-22)||-4.55%|
|6 months (2021-07-23)||0.21|
|1 year (2021-01-22)||-20.75%|
|2 years (2020-01-24)||82.61%|
|3 years (2019-01-24)||35.48%|
|5 years (2017-01-24)||-4.55%|
Is Red River Resources under- or over-valued?
Valuing Red River Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Red River Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Red River Resources 's P/E ratio
Red River Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Red River Resources shares trade at around 18x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Red River Resources 's EBITDA
Red River Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $26.8 million (£0.0 million).
The EBITDA is a measure of a Red River Resources 's overall financial performance and is widely used to measure a its profitability.
Red River Resources financials
|Revenue TTM||$118.3 million|
|Operating margin TTM||9.06%|
|Gross profit TTM||$46.9 million|
|Return on assets TTM||6.48%|
|Return on equity TTM||10.37%|
|Market capitalisation||$103.7 million|
TTM: trailing 12 months
Red River Resources share dividends
We're not expecting Red River Resources to pay a dividend over the next 12 months.
Have Red River Resources 's shares ever split?
Red River Resources 's shares were split on 14 June 2007. This wouldn't directly have changed the overall worth of your Red River Resources shares – just the quantity. However, indirectly, the new INF% higher share price could have impacted the market appetite for Red River Resources shares which in turn could have impacted Red River Resources 's share price.
Red River Resources share price volatility
Over the last 12 months, Red River Resources 's shares have ranged in value from as little as $0.145 up to $0.285. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Red River Resources 's is 1.9356. This would suggest that Red River Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Red River Resources overview
Red River Resources Limited, together with its subsidiaries, explores for and develops mineral projects in Australia. The company explores for zinc, copper, lead, gold, silver, and base metal, as well as precious metal deposits. It holds a 100% interest in the Thalanga project located in Queensland; and an interest in the Hillgrove project situated in Armidale, New South Wales. The company was incorporated in 2002 and is based in Charters Towers, Australia.
Stocks similar to Red River Resources
Red River Resources in the news
Red River Resources (ASX:RVR) Is Experiencing Growth In Returns On Capital
Red River Resources : RVR hits 86m @ 2.3% Zn Eq from surface at Cougartown
Red River Resources : Quarterly Activities Report for December 2021
Frequently asked questions
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