Reach Resources Limited

Reach Resources Limitedverified

RR1.AX

Price:

$0.009

Market Cap:

$7.87M

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, as well as for nickel, cobalt, copper, and base metals. It holds interests in the Primrose gold project located in the northeast of Perth. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is headquartered in Perth, Australia.

Industry

Gold

IPO Date

2002-11-05

Stock Exchange

ASX

Ticker

RR1.AX

The PE Ratio as of May 2025 (TTM) for Reach Resources Limited (RR1.AX) is -0.90

According to Reach Resources Limited’s latest financial reports and current stock price. The company's current PE Ratio is -0.90. This represents a change of -66.92% compared to the average of -2.72 of the last 4 quarters.

Reach Resources Limited (RR1.AX) Historical PE Ratio (quarterly & annually)

How has RR1.AX PE Ratio performed in the past?

The mean historical PE Ratio of Reach Resources Limited over the last ten years is 13.55. The current -0.90 PE Ratio has changed -764.07% with respect to the historical average. Over the past ten years (40 quarters), RR1.AX's PE Ratio was at its highest in in the September 2018 quarter at 9.44. The PE Ratio was at its lowest in in the September 2023 quarter at -32.08.

Quarterly (TTM)
Annual

Average

13.55

Median

-49.20

Minimum

-82.84

Maximum

388.15

Reach Resources Limited (RR1.AX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Reach Resources Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 125.63%

Maximum Annual PE Ratio = 388.15

Minimum Annual Increase = -823.82%

Minimum Annual PE Ratio = -82.84

Quarterly (TTM)
Annual
YearPE RatioChange
20245.57-112.44%
2023-44.77-18.82%
2022-55.15-33.43%
2021-82.84-164.01%
2020129.42-66.66%
2019388.15-823.82%
2018-53.63-0.86%
2017-54.09-19.65%
2016-67.31125.63%
2015-29.8363.39%

Reach Resources Limited (RR1.AX) Average PE Ratio

How has RR1.AX PE Ratio performed in the past?

The current PE Ratio of Reach Resources Limited (RR1.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-31.45

5-year avg

-9.55

10-year avg

13.55

Reach Resources Limited (RR1.AX) PE Ratio vs. Peers

How is RR1.AX’s PE Ratio compared to its peers?

Reach Resources Limited’s PE Ratio is greater than Riversgold Limited (-1.77), greater than Ionic Rare Earths Limited (-2.43), greater than White Cliff Minerals Limited (-3.96), greater than Castle Minerals Limited (-53.79), greater than Red Mountain Mining Limited (-9.66),

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