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How to buy Renascor Resources (RNU) shares in Australia

Learn how to easily invest in Renascor Resources shares.

Renascor Resources is an other industrial metals & mining business based in Australia. Renascor Resources shares (RNU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Renascor Resources has a trailing 12-month revenue of around $255. If you're looking to buy shares, check out the steps below.

How to buy shares in Renascor Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Renascor Resources . Find the share by name or ticker symbol: RNU. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Renascor Resources reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check on your investment. Congratulations, you own a part of Renascor Resources . Optimise your portfolio by tracking how your stock and 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 affect your stock.

Renascor Resources stock price (ASX:RNU)

Use our graph to track the performance of RNU stocks over time.

Renascor Resources shares at a glance

Information last updated 2023-12-04.
52-week range$0.1025 - $0.32
50-day moving average $0.1396
200-day moving average $0.1774
Target price$0.25
PE ratio 675
Dividend yield $0 (0%)
Earnings per share (TTM) $0

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Is it a good time to buy Renascor Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Renascor Resources price performance over time

Historical closes compared with the last close of A$0.13

1 week (2023-11-30) -13.33%
1 month (2023-11-10) -23.53%
3 months (2023-09-08) -7.14%
6 months (2023-06-09) -29.73%
1 year (2022-12-09) -55.17%
2 years (2021-12-10) 13.04%
3 years (2020-12-10) 900.00%
5 years (2018-12-10) 622.22%

Is Renascor Resources under- or over-valued?

Valuing Renascor Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Renascor Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Renascor Resources 's P/E ratio

Renascor 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 675x. In other words, Renascor Resources shares trade at around 675x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Renascor Resources financials

Revenue TTM $255
Gross profit TTM $255
Return on assets TTM -1.19%
Return on equity TTM 0.32%
Profit margin 166555.3%
Book value 0.065
Market capitalisation $342.8 million

TTM: trailing 12 months

Renascor Resources share dividends

We're not expecting Renascor Resources to pay a dividend over the next 12 months.

Renascor Resources share price volatility

Over the last 12 months, Renascor Resources 's shares have ranged in value from as little as $0.1025 up to $0.32. A popular way to gauge a stock's volatility is its "beta".

RNU.AU volatility(beta: 1.95)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Renascor Resources 's is 1.951. This would suggest that Renascor 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).

Renascor Resources overview

Renascor Resources Limited engages in the exploration, development, and evaluation of mineral properties in Australia. The company explores for graphite, gold, copper, uranium, and other minerals. Its flagship project is the Siviour graphite project located in Eyre Peninsula, South Australia; the Cutana project that covering an area of 282 square kilometers located in the Olary region; and the Outalpa project, which covers an area of 287 square kilometers located in the Olary region. The company also holds the Marree, Eastern Eyre, and Carnding projects located in South Australia. The company was formerly known as Renaissance Uranium Limited and changed its name to Renascor Resources Limited in December 2013. Renascor Resources Limited was incorporated in 2009 and is based in Adelaide, Australia.

Renascor Resources in the news

There are no recent company news

Frequently asked questions

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