Resolute Mining Limited is a gold business based in Australia. Resolute Mining shares (RSG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.99 – an increase of 1.54% over the previous week. Resolute Mining has a trailing 12-month revenue of around $549.7 million.
How to buy shares in Resolute Mining
- 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 Resolute Mining. Find the share by name or ticker symbol: RSG. 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 Resolute Mining 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 of $0.99, 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 Resolute Mining. 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?
- Resolute Mining key stats
- Compare share trading platforms
- Is Resolute Mining stock a buy or sell?
- Resolute Mining performance over time
- Are Resolute Mining shares over-valued?
- Resolute Mining's financials
- How volatile are Resolute Mining shares?
- Does Resolute Mining pay a dividend?
- Have Resolute Mining shares ever split?
- Other common questions
How has coronavirus impacted Resolute Mining's share price?
Since the stock market crash in March caused by coronavirus, Resolute Mining's share price has had significant negative movement.
Its last market close was $0.99, which is 16.46% down on its pre-crash value of $1.185 and 63.64% up on the lowest point reached during the March crash when the shares fell as low as $0.605.
If you had bought $1,000 worth of Resolute Mining shares at the start of February 2020, those shares would have been worth $600.90 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $887.89.
Resolute Mining share priceUse our graph to track the performance of RSG stocks over time.
Resolute Mining shares at a glance
|Latest market close||AUDA$0.99|
|52-week range||AUDA$0.605 - AUDA$1.69|
|50-day moving average||AUDA$1.2087|
|200-day moving average||AUDA$1.057|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.005|
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Is it a good time to buy Resolute Mining 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.
Resolute Mining price performance over time
|1 week (2020-09-10)||-0.50%|
|1 month (2020-08-19)||-10.81%|
|3 months (2020-06-19)||-6.60%|
|6 months (2020-03-19)||37.50%|
|1 year (2019-09-19)||-36.74%|
|2 years (2018-09-19)||-5.71%|
|3 years (2017-09-19)||-14.29%|
|5 years (2015-09-18)||219.35%|
Is Resolute Mining under- or over-valued?
Valuing Resolute Mining stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Resolute Mining's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Resolute Mining's P/E ratio
Resolute Mining's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Resolute Mining shares trade at around 28x 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.
Resolute Mining's EBITDA
Resolute Mining's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $110.2 million (£0.0 million).
The EBITDA is a measure of a Resolute Mining's overall financial performance and is widely used to measure a its profitability.
Resolute Mining financials
|Revenue TTM||$549.7 million|
|Gross profit TTM||$194.6 million|
|Return on assets TTM||-2.44%|
|Return on equity TTM||-17.3%|
|Market capitalisation||$1.1 billion|
TTM: trailing 12 months
Resolute Mining share dividends
We're not expecting Resolute Mining to pay a dividend over the next 12 months.
Have Resolute Mining's shares ever split?
Resolute Mining's shares were split on a 1:5 basis on 23 September 2001. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Resolute Mining shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Resolute Mining shares which in turn could have impacted Resolute Mining's share price.
Resolute Mining share price volatility
Over the last 12 months, Resolute Mining's shares have ranged in value from as little as $0.605 up to $1.69. 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 Resolute Mining's is 0.359. This would suggest that Resolute Mining's shares are less volatile than average (for this exchange).
Resolute Mining overview
Resolute Mining Limited engages in mining, exploration, development, and production of gold properties in Africa and Australia. The company's flagship project is the Syama Gold Mine located in Mali, West Africa. It is also involved in the prospecting and exploration of minerals. Resolute Mining Limited was incorporated in 2001 and is based in Perth, Australia.
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