` RR1 (Reach Resources Ltd) vs S&P/ASX 300 Comparison - Alpha Spread

RR1
vs
S
S&P/ASX 300

Over the past 12 months, RR1 has underperformed S&P/ASX 300, delivering a return of -14% compared to S&P/ASX 300's 4% drop.

Stocks Performance
RR1 vs S&P/ASX 300

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RR1
S&P/ASX 300
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Performance Gap
RR1 vs S&P/ASX 300

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RR1
S&P/ASX 300
Difference
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Performance By Year
RR1 vs S&P/ASX 300

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RR1
S&P/ASX 300
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Competitors Performance
Reach Resources Ltd vs Peers

S&P/ASX 300
RR1
GFI
HAR
NEM
601899
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Reach Resources Ltd
Glance View

Market Cap
15.9m AUD
Industry
Metals & Mining

Reach Resources Ltd. is an exploration company, which engages in the exploration of gold and base metals. The principal activities of the Company include exploration and evaluation of mineral resource projects company. The firm has a diversified portfolio of projects lead by the Murchison South Gold project near Payne’s Find, Western Australia. The firm has also advanced lithium, manganese and rare earth elements (REE) exploration assets in the resource rich Gascoyne Mineral Field. The firm is advancing two shallow open pits at Blue Heaven and Pansy. Its tenements include L59/184, M59/662, E09/2646, E09/2542, P59/2160, M59/769, and others. In addition, the Company is investing in a downstream patented technology that recycles the rare earth elements from the permanent magnets required in electric vehicles, wind turbines, hard disk drives and MRI machines.

RR1 Intrinsic Value
AU$0.001
Overvaluation 88%
Intrinsic Value
Price AU$0.012
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