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Reach Resources Ltd
ASX:RR1

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Reach Resources Ltd
ASX:RR1
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Price: 0.009 AUD Market Closed
Market Cap: AU$11m

EV/OCF

104.8
Current
737%
Cheaper
vs 3-y average of -16.5

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
104.8
=
Enterprise Value
AU$7.4m
/
Operating Cash Flow
AU$93.3k

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
104.8
=
Enterprise Value
AU$7.4m
/
Operating Cash Flow
AU$93.3k

Valuation Scenarios

Reach Resources Ltd is trading above its industry average

If EV/OCF returns to its Industry Average (10.2), the stock would be worth AU$0 (90% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-90%
Maximum Upside
No Upside Scenarios
Average Downside
88%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 104.8 AU$0.01
0%
Industry Average 10.2 AU$0
-90%
Country Average 14.1 AU$0
-87%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
AU
Reach Resources Ltd
ASX:RR1
11m AUD 104.8 -8.3
RU
Polyus PJSC
LSE:PLZL
70.4T USD 34 229.3 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 10.9 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 6.3 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 10.8 14.8
US
Newmont Corporation
NYSE:NEM
120.9B USD 11.2 17.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
139.3B CAD 14.2 22.3
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 8.5 13.6
CA
Barrick Gold Corp
TSX:ABX
93.3B CAD 8.5 13.5
CA
Wheaton Precious Metals Corp
TSX:WPM
89.9B CAD 32.9 43.3
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 58.9 34.2

Market Distribution

Higher than 91% of companies in Australia
Percentile
91st
Based on 1 376 companies
91st percentile
104.8
Low
0 — 9.3
Typical Range
9.3 — 24.1
High
24.1 —
Distribution Statistics
Australia
Min 0
30th Percentile 9.3
Median 14.1
70th Percentile 24.1
Max 9 251.5

Reach Resources Ltd
Glance View

Market Cap
11m AUD
Industry
Metals & Mining

Reach Resources Ltd. is an exploration company, which engages in the exploration of gold and base metals. The company is headquartered in Perth, Western Australia. The company went IPO on 2002-11-06. The firm holds a portfolio of gold properties in a producing gold district in Western Australia. This includes the Primrose Project which covers over eight kilometers of the highly gold mineralized Primrose Shear in the Murchison District of the Eastern Goldfields. The firm controls mining leases and prospecting licenses that cover the majority of this historic gold field. The Primrose Gold Project is located approximately 420 km northeast of Perth and is serviced by the sealed Great Northern highway that crosses the central southern end of the project area and then continues northerly to Cue, Mt Magnet and Meekatharra.

RR1 Intrinsic Value
0.002 AUD
Overvaluation 81%
Intrinsic Value
Price AU$0.009
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